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Coeur Mining acquires Rainy River gold mine

PUBLIC · CDEOct 03, 2026

Acquiring Company

Coeur Mining

Acquired Company

Rainy River Mine

ChicagoOntarioOtherMiningMiningMineral

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.

Company Information

Company

Coeur Mining

Location

200 South Wacker Drive, Suite 2100

Chicago, Illinois, United States

About

Coeur Mining, Inc. is a growing precious metals producer with five mines in North America. Coeur’s wholly-owned operations include the Palmarejo silver-gold complex in Mexico, the Silvertip silver-zinc-lead mine in British Columbia, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota.

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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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