New Afton Mine Expansion and Acquisition
Sector: Government • Location: Kamloops, British Columbia, Canada
Source: CFJC Today Kamloops
The New Afton mine west of Kamloops, operated by New Gold, is being acquired by U.S.-based Coeur Mining in a $7 billion USD all-stock deal. The combined company plans to accelerate exploration and expansion at New Afton and other mines, with ongoing evaluation of additional projects. The B.C. government approved New Gold's C-Zone development in 2022, which began commercial production in late 2024.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending approval |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The New Afton mine west of Kamloops, operated by New Gold, is being acquired by U.S.-based Coeur Mining in a $7 billion USD all-stock deal. The combined company plans to accelerate exploration and expansion at New Afton and other mines, with ongoing evaluation of additional projects. The B.C. government approved New Gold's C-Zone development in 2022, which began commercial production in late 2024. New Gold also plans to increase its 2025 exploration budget for New Afton due to the expansion of its K-Zone. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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