Northwire Canada EditionSunday, September 13, 2026
Northwire
GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
M&A / Property Routine +

SSR Mining Announces Additional $500 Million Share Buyback and Reinstatement of Quarterly Dividend

SSR executes disciplined capital returns ahead of the Çöpler divestiture, locking in an Americas-focused strategy.

Executive Summary
  • SSR Mining's Board approved an additional $500 million share repurchase authorization.
  • Reinstated a regular quarterly dividend of $0.03 per common share ($0.12 annualized), with the first payment expected alongside Q2 2026 results.
  • Highlighted a strong financial position supported by ongoing free cash flow and the anticipated $1.5 billion cash sale of the Çöpler mine, expected to close before the end of Q3 2026.
  • Total shareholder returns since 2021 amount to $774 million, with year-to-date returns already yielding approximately 5%.
  • NCIB status: TSX acceptance received March 27, 2026, for up to 21,502,189 common shares (~10.0% of public float). April 2026 repurchases totaled 9,224,713 shares, leaving 12,277,476 shares available. The NCIB expires March 30, 2027.
  • Strategic context: Completes the execution of the Çöpler divestiture and follows the May 18, 2026 sale of the 20% Hod Maden stake to Lidya Mines for a 4.0% NSR, fully transitioning the company to an Americas-focused platform.
Material Impact
  • The announcement of an additional $500 million buyback and dividend reinstatement is a positive capital allocation move, but it is largely expected given the company's debt-free status, $634 million cash position, and the imminent $1.5 billion Çöpler proceeds.
  • The stock has already rallied significantly from ~$16.22 to a high of $49.01 on the back of the Çöpler/Hod Maden strategic wins. This release represents a routine execution of capital returns rather than a transformative event.
  • Rating: Routine - Positive. The market has already priced in the strategic repositioning; this is a standard reinforcement of shareholder value in a cash-rich environment.
SSRM · Price
Company Overview
  • SSR Mining is a precious metals producer focused on gold and silver operations in the Americas.
  • Flagship assets include Marigold (Nevada, USA), Cripple Creek & Victor (Colorado, USA), Seabee (Ontario, Canada), and Puna (Argentina).
  • The company is divesting its Turkish assets (Çöpler and Hod Maden) to focus on lower-jurisdiction risk and higher-margin Americas operations.
  • CC&V acquisition in early 2025 established SSR as the third-largest gold producer in the United States.
  • Strategic focus is on free cash flow generation, mine-life extensions, and disciplined capital allocation.
Read the original news release →

More from SSR Mining Inc.