Day: March 20, 2026

IMPACT Silver Announces Temporary Suspension of Underground Mining at Plomosas

IMPACT Silver announced the temporary suspension of underground mining at its Plomosas mine in Chihuahua following a review of costs and performance. The decision reflects a focus on capital discipline and operating within economic thresholds, while the company evaluates options to optimize operations and improve project economics.

New Gold Completes Arrangement with Coeur Mining

New Gold completed its plan of arrangement with Coeur Mining, under which Coeur is acquiring all outstanding shares of New Gold. The transaction creates a larger North American precious metals producer, with New Gold shareholders receiving Coeur shares and owning ~38% of the combined company, strengthening scale, diversification, and cash flow potential.

Coeur Completes Acquisition of New Gold

Coeur Mining completed its acquisition of New Gold on March 20, 2026, issuing ~392.7 million shares and fully integrating New Gold’s assets. The deal adds the New Afton and Rainy River mines, boosting gold production by ~80% and introducing copper output, while strengthening scale, diversification, and long-term cash flow across a larger North American portfolio.

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