Independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that New Gold shareholders vote for the company’s proposed plan of arrangement with Coeur Mining, providing a key endorsement ahead of a special shareholder meeting later this month. Toronto- and New York-listed New Gold said on Tuesday that ISS had reviewed the proposed transaction, under which a wholly owned subsidiary of Coeur Mining would acquire all the issued and outstanding common shares of New Gold. "The arrangement appears strategically sound, as the combined company is expected to benefit from operational ... (full story)