Total Metals Corp. announced high-grade gold assay results from chip sampling at its Menary Gold Property in Northwestern Ontario, adjacent to Coeur Mining's Rainy River claims. Samples returned up to 102 g/t gold, confirming exceptional bonanza-grade mineralization at multiple zones including Galbraith “A” and Wagg. The company completed a high-resolution drone magnetic survey to refine drill targets for its 2027 exploration campaign. This progress highlights Menary's potential as a significant gold discovery near a major mining operation.
As of Nov 10, 2026 17:01 WIB, Coeur Mining Inc. (CDE) shares are trading at USD 16.07 on Pluang, down 2.31% for the day with a market cap of $15.81 billion. This price movement comes as Total Metals confirms bonanza-grade gold samples near Coeur's Rainy River claims, highlighting ongoing interest in the region's gold potential. The stock's 1-day decline contrasts with the high-grade assay results reported by Total Metals, underscoring differing market reactions to exploration news and current trading dynamics.
Coeur Mining (CDE) maintains a Strong Buy rating as near-term operational challenges and lower gold prices have not changed its long-term cash flow potential. The company expects over $1.3 billion in free cash flow at current gold prices and has stro...
Coeur Mining is projected to increase its gold production by 34% and copper production by 42% by 2027, driven by expansions at its New Afton, Rainy River, and Rochester mines. Although the company faced operational challenges and lowered guidance in ...
