Osisko Development appoints Scott Smith as VP Exploration effective Nov 1, 2025, from Prime Mining (acquired by Torex). With 30+ years in mining across Americas, including senior roles at Gibraltar, Teck, Newmont, and Antamina, he will advance Cariboo Gold Project and other properties.
Coeur Mining to acquire New Gold in all-stock deal at 0.4959 Coeur shares per New Gold share (16% premium, $7B equity value). Creates $20B North American precious metals firm with 7 ops, $3B 2026 EBITDA, $2B FCF from 20M oz Ag, 900k oz Au, 100M lbs Cu.
Santacruz Silver Mining reported Q3 2025 production: 3.42M silver equivalent ounces (down 3% QoQ), 1.24M silver ounces, 21.6K tonnes zinc, 2.6K tonnes lead, 331 tonnes copper. Steady output despite Bolívar water inflow; dewatering advances aim for high-grade resumption in February 2026.
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