Acquiring Company
Coeur Mining
Acquired Company
Rainy River Mine
Description
Coeur Mining has completed its acquisition of the Rainy River gold mine from New Gold. The company is investing heavily in exploration to extend the mine's operating life beyond its expected end in 2031. Rainy River is expected to contribute to Coeur's production and financial performance. Ongoing drilling suggests significant growth potential in both underground and surface resources.
Fundz sees it the moment Coeur Mining makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Rainy River Mine?
Rainy River Mine was acquired by Coeur Mining, based in Chicago. The deal was reported on October 3, 2026. Coeur Mining, Inc. is a growing precious metals producer with five mines in North America. Coeur Mining is publicly traded (CDE) and operates in Other.
When did Coeur Mining acquire Rainy River Mine?
Coeur Mining's acquisition of Rainy River Mine was reported on October 3, 2026. Coeur Mining has completed its acquisition of the Rainy River gold mine from New Gold. The company is investing heavily in exploration to extend the mine's operating life beyond its expected end in 2031. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rainy River Mine do?
The Rainy River Mine is an open-pit and underground mine located in northwestern Ontario. It is primarily focused on the extraction of gold and silver resources. The mine began commercial production in 2017 and transitioned to underground operations in 2022. It is privately held, operating in Mining, and is based in Ontario.
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