SSR Mining to Sell Çöpler Gold Mine Stake in US$1.5 Billion Deal

2026-03-04 11:37:18 ET

SSR Mining (NASDAQ:SSRM,TSX:SSRM,OTCPL:SSRGF) has agreed to sell its majority stake in the Çöpler gold mine in Turkey for US$1.5 billion in cash, shifting the company’s portfolio towards the Americas as the yellow metal continues to surge amid rising geopolitical tensions.

The Denver-based miner announced it has signed a binding memorandum of understanding to sell its 80 percent interest in the Çöpler operation and related assets to Cengiz Holding A.S., one of Turkey's largest industrial conglomerates.

Under the terms of the agreement, the full US$1.5 billion purchase price will be paid in cash at closing, which is expected in the third quarter of 2026, subject to regulatory approvals and customary conditions.

For further details see: