Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
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 →

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