---
schema_version: "secwatch.filing_event.v1"
accession: "0000215466-22-000124"
form_type: "8-K"
ticker: "CDE"
cik: "0000215466"
company_name: "Coeur Mining, Inc."
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:19:47.372231+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coeur Mining sells Crown Sterling holdings to AngloGold for $150M upfront cash

## Summary
- Closed sale of Crown Sterling holdings to AngloGold Ashanti for ~$150M cash at closing; net proceeds ~$150.2M.
- Potential $50M deferred payment if Crown Sterling achieves ≥3.5M gold ounces of resources.
- Proceeds intended to reduce debt; sale aligns with strategy to focus on high-return North American assets.
- Crown Sterling comprises ~35,500 net acres adjacent to AngloGold's Nevada projects.

## SEC filing metadata
- accession: 0000215466-22-000124
- form_type: 8-K
- ticker: CDE
- cik: 0000215466
- company_name: Coeur Mining, Inc.
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/215466/000021546622000124/0000215466-22-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/215466/000021546622000124/cde-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000215466-22-000124
- JSON: https://secwatch.observer/filing/0000215466-22-000124.json
- Plain text: https://secwatch.observer/filing/0000215466-22-000124.txt

## Key facts
- Material Agreements
  Coeur Mining, Inc. entered into Purchase Agreement with AngloGold Ashanti (U.S.A.) Holdings Inc., AngloGold Ashanti USA Incorporated, Sterling Intermediate Holdco, Inc. valued at approximately $150 million, in addition to the right to an additional payment of $50 million (effective 2022-09-18).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: AngloGold Ashanti (U.S.A.) Holdings Inc., AngloGold Ashanti USA Incorporated, Sterling Intermediate Holdco, Inc.
  - Value: approximately $150 million, in addition to the right to an additional payment of $50 million
  - Effective: 2022-09-18
  source text: On November 4, 2022, Coeur Mining, Inc. (the “ Company ” or “ Coeur ”) closed on the previously announced sale of its wholly-owned subsidiary Coeur Sterling, Inc., a Nevada corporation (“ Sterling ”), pursuant to a Stock Purchase Agreement (the “ Purchase Agreement ”), dated as of September 18, 2022, by and among the Company, AngloGold Ashanti (U.S.A.) Holdings Inc., a Delaware corporation (“ Buyer ”), AngloGold Ashanti USA Incorporated, a Delaware corporation (“ Buyer Guarantor ”), Sterling Intermediate Holdco, Inc., a Delaware corporation (“ Seller ”) and Sterling.
  evidence_url: https://www.sec.gov/Archives/edgar/data/215466/000021546622000124/0000215466-22-000124-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.