Coeur Mining is committing a record US$158 million to exploration activities in 2026, with the vast majority of the budget directed toward its silver and gold operations in Mexico.
The US-based producer’s decision to significantly increase its exploration outlay underscores a strategic pivot toward deepening its resource base in Latin America, where it holds some of its most productive assets.
The Rio Times reported the details of the spending plan, highlighting the focus on silver and gold.
The move comes at a time when mining companies are under pressure to prove the longevity of their reserves.
By allocating a historic sum to exploration, Coeur is signaling to investors that it sees substantial upside in its existing Mexican concessions.
This aggressive stance contrasts with the broader regional sentiment, where some major projects have faced delays or financing challenges.
The Rio Times reported the details of the spending plan, highlighting the focus on silver and gold.