Coeur Mining Doubles EBITDA to $1.0 B on Record 419koz Gold Output
Coeur Mining reported 2025 revenue of $2.1 billion from record output of 419koz gold and 17.9moz silver, generating $1.0 billion EBITDA and $666 million cash flow. It closed 2025 with $554 million cash and guides 2026 output of 390–460koz gold and 18.2–21.3moz silver post-New Gold deal.
1. Record Full-Year 2025 Performance
Coeur Mining achieved $2.1 billion in revenue during 2025 on production of 419,046 ounces of gold and 17.9 million ounces of silver, more than doubling adjusted EBITDA to $1.0 billion and generating $666 million in free cash flow through strong pricing and disciplined cost control.
2. Strengthened Balance Sheet
The company ended 2025 with $554 million in cash and equivalents against $341 million of total debt, marking a tenfold increase in cash reserves and placing Coeur in a net cash position, enhancing financial flexibility for growth and shareholder returns.
3. 2026 Production Guidance and New Gold Acquisition
For 2026, Coeur guides production of 390,000–460,000 ounces of gold and 18.2–21.3 million ounces of silver from its existing portfolio, and anticipates adding New Afton and Rainy River mines upon closing the New Gold acquisition to further bolster annual output.