Coeur Mining (TSX:CDE) will be added to the S&P MidCap 400 Index, which takes effect before the market opens on 22 June 2026.
The S&P MidCap 400 Index is a widely followed benchmark for institutional investors and index funds seeking market exposure to mid-sized US companies.
The index, which is distinct from the large-cap S&P 500, is designed to measure the performance of 400 mid-sized companies.
Coeur’s addition reflects the company’s growth and transformation into the sector’s only all-North American senior precious metals producer and a global silver company, following two acquisitions.
As previously reported, the company has been collaborating with Cryopeak Energy Solutions to power the Silver Tip Mine in northern British Columbia.
Speaking at the Electric Mine Conference held between 5-7 May in Lisbon, Portugal, Allen Wilkes, improvement and safety consultant at Coeur Mining, poses the question of what happens if a mine site does not have power available.
“How do you get the electrons to powered mines,” Wilkes says.
Silver Tip
According to Wilkes, Silver Tip lies on the border of the Yukon Territory and is a very remote location, which he explains is “a reason to focus on innovative solutions for getting the energy to build and operate a mine.”
That is where Cryopeak’s collaboration with the company entered the picture, as CEO Calum McClure says that the company developed a new, small-scale LNG value chain to power the Silver Tip Mine.
“We wanted to make something very small and niche that could support a mine, provide security and an approximate supply of energy,” McClure says.
“To do that, we needed to develop a new supply chain and that would involve taking natural gas from the existing pipeline infrastructure, then providing a small-scale at the fractional plant, loading it onto trucks and then sending it to the end-use application — in this case, mining, then for power generation and also heating.”
Coeur Mining is a US-based growing precious metals producer focused on its seven wholly owned operations located in the US and Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Coeur Mining
