The miner raised its 2026 outlook after New Afton and Rainy River operations boosted Q2 revenue past $1 billion.
Coeur Mining updated its 2026 financial targets, forecasting approximately $2.3 billion in EBITDA and $1.5 billion in free cash flow. The revised outlook follows a record second quarter, driven by the full-quarter contributions from acquired assets New Afton and Rainy River.
Quarterly revenue exceeded $1 billion, supported by higher production rates. New Afton is expected to reach 16,000 tonnes per day in Q4, aligning with operational expansion plans. Prior guidance did not include these acquisitions, marking a significant upward revision.
The company attributed the strong performance to improved operational efficiency and asset integration, though no immediate market reaction was detailed in the report.