Coeur Mining

Coeur digs for gold and silver to provide the metals used in electronics and jewelry. It runs mines across the United States, Mexico, and Canada to supply these materials. The company sells refined metal bars to banks and global trading houses.

What is Coeur Producing?

• Gold: Extracted from underground and open-pit mines; refined into bars called dore or sold as concentrate to smelters.
• Silver: Sourced primarily from sites in Mexico and Nevada; used in industrial products and financial investments.
• Base Metals: Zinc and lead found at the Silvertip exploration project in British Columbia.
• Refining and Marketing: Third-party facilities turn raw mine output into bullion that meets global trading standards.

A Growing Footprint

• Acquired SilverCrest Metals Inc. in February 2025 to add the Las Chispas mine in Mexico to its operations.
• Completed a significant expansion at the Rochester mine in Nevada during 2024 to increase metal production.
• Entered an agreement in November 2025 to buy New Gold Inc., which includes the New Afton and Rainy River mines in Canada.
• Acquired mining concessions from a subsidiary of Fresnillo plc located near the existing Palmarejo site in Mexico.

Operational Strengths

The company manages a diverse portfolio of mines in regions known for established mining laws and infrastructure. This geographic spread helps manage the risks associated with operating in different countries.

The Recent Financial Record

• Revenue reached $674.8 million in Q4 2025, up 120.9% from Q4 2024.
• Net income rose to $215 million in Q4 2025, up 467.9% year-over-year.
• Free cash flow hit $313.3 million in Q4 2025, up 1849% from Q4 2024.
• Operating income was $345.8 million in Q4 2025, up 110.6% from the previous year.

Bottom Line

Coeur has transitioned from a historical mining firm into a multi-asset producer focused on major expansions in North America. Recent acquisitions and infrastructure projects have significantly increased its production capacity and financial scale.