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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 completes sale of Copler interest for $1.49B

SSR completes the Copler divestment on schedule, advancing its Americas pivot and funding a $500 million share buyback program.

By The Northwire Desk — AI Analysis Jun 24, 2026 · 18:51 SSRM · 40.28 SSR Mining Inc.
Executive Summary
  • SSR Mining has closed the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding A.S. and affiliates.
  • The transaction generated approximately $1.49 billion in cash consideration at closing, subject to standard working capital adjustments.
  • The divestiture formally completes the company's strategic exit from Turkish assets and refocuses the portfolio on a diversified, lower-risk Americas platform.
  • Proceeds from the sale directly fund the $500 million share repurchase authorization and the reinstatement of a quarterly dividend announced on June 15, 2026.
Material Impact
  • The closing of the $1.49 billion Çöpler sale is a definitive strategic milestone that de-risks the balance sheet and unlocks capital for shareholder returns.
  • The transaction was announced in March 2026, finalized in April, and closed in June, fully aligning with prior guidance and market expectations.
  • The stock has already absorbed the valuation impact, rallying from ~$16.55 to a high of $49.01 in May before consolidating.
  • Because the news confirms execution of a previously telegraphed transaction and does not introduce new operational or financial surprises, it is classified as Routine - Positive.
SSRM · Price
Company Overview
  • SSR Mining is the third-largest gold producer in the United States, headquartered in Denver, Colorado.
  • Flagship assets include Marigold (Nevada), Cripple Creek & Victor (Colorado), Seabee (Ontario), and Puna (Argentina).
  • The company is executing a strategic refocus to an Americas platform following the divestiture of Turkish assets (Çöpler and Hod Maden) and the acquisition of CC&V.
  • Management emphasizes free-cash-flow generation, disciplined capital allocation, and value-accretive growth opportunities across its remaining portfolio.
Read the original news release →

More from SSR Mining Inc.

Aug 04, 2026 · 16:10

SSR’s Q2 AISC surged to $2,622/oz, exceeding guidance and shrinking free cash flow despite the Copler windfall.

Earnings Jul 17, 2026 · 08:30

SSR completes its strategic pivot to the Americas with the closing of the Hod Maden divestment as planned.

M&A / Property Jun 24, 2026 · 17:00

SSR completes the Copler divestiture following a $1.5 billion cash infusion, though market participants question the timing of potential capital returns.

M&A / Property Jun 15, 2026 · 17:00

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

M&A / Property May 18, 2026 · 17:00

SSR Mining Exits High‑Capex Turkish Gold‑Copper Dream, Opting for a Lifetime Royalty That Halts $182M of Spending.

M&A / Property May 05, 2026 · 16:10

SSR Mining Clears Debt, Locks in $1.5B Çöpler Sale

Earnings