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Coeur Mining, Inc. (CDE) Discusses Strategic Impact of New Gold Acquisition and Updated Production Guidance Transcript

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⚡ Quantum Brief
Coeur Mining completed its acquisition of New Gold on March 22, 2026, marking a transformative deal that positions it as North America’s only senior all-North American precious metals producer. The acquisition expands Coeur’s scale, diversifies its metals mix, and strengthens its silver dominance while reducing costs and boosting margins, enhancing its competitive edge. Updated production guidance highlights improved free cash flow, trading liquidity on NYSE and TSX, and a stronger balance sheet to fund future high-quality gold and silver projects. CEO Mitchell Krebs emphasized the deal’s strategic value, citing recent expansions and the 2025 SilverCrest acquisition as key steps in Coeur’s growth trajectory. Analysts, including Cosmos Chiu of CIBC, participated in the call, signaling strong market interest in Coeur’s consolidated position and long-term growth potential.
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SA Transcripts159.09K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Coeur Mining, Inc. (CDE) Discusses Strategic Impact of New Gold Acquisition and Updated Production Guidance March 23, 2026 11:00 AM EDT Company Participants Mitchell J. Krebs - President, CEO & ChairmanThomas Whelan - Executive VP & CFOMichael Routledge - Executive VP & COOAoife McGrath - Executive Vice President of Exploration Conference Call Participants Cosmos Chiu - CIBC Capital Markets, Research Division Presentation Operator Good day, and welcome to the Coeur Mining Update Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Mitch Krebs, Chairman, President and Chief Executive Officer. Please go ahead. Mitchell J. KrebsPresident, CEO & Chairman Okay. Good morning, and thanks for joining the call to discuss the release we issued this morning. Before I kick off, I just want to quickly point out our cautionary language regarding forward-looking statements shown on Slide 2 in the deck and refer you to our SEC filings on our website. Starting on Slide 3, there's no doubt that Friday's closing of the New Gold acquisition marked a watershed event in Coeur's history. With our recent successful investments in exploration and expansions at our existing operations, our acquisition of SilverCrest last year and now this transformative transaction, we are emerging as the industry's only all North American senior precious metals producer while retaining our dominant position in the silver sector. Our larger scale, metals mix, lower costs and higher margins, strong free cash flow profile and leading trading liquidity on the NYSE and now on the TSX represent clear differentiators compared to peers. This strong position affords us a unique opportunity to fund a pipeline of high-quality gold and silver projects, build out a top-tier balance sheet that sets us up to not just survive but thrive across the

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