Coeur Mining doubles Mexico exploration budget to $158M in company's largest-ever program
Seeking Alpha ·
Coeur Mining ( CDE ) up 4.1% in Wednesday's trading after saying it is deploying US$158M in exploration across its Palmarejo and Las Chispas gold-silver operations in Mexico in 2026, double the previous year's spending and the largest program in the
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Coeur Mining (CDE) announced that it will double its 2026 exploration budget for the Palmarejo and Las Chispas gold and silver mines in Mexico to $158 million compared to the previous year. This is the largest exploration program in the company's history and has drawn significant market attention. This massive investment led to a stock price increase, rising 4.1% in Wednesday's trading. Investors can hold expectations for future production growth and asset value appreciation.
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- Precious Metals — Coeur Mining doubled its Mexico exploration budget to $158 million, driving a 4.1% stock price increase on expectations of rising production.
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