Northwire Canada EditionWednesday, October 28, 2026
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Gold 4,077.40 +0.1% Silver 54.55 +0.1% Copper 6.66 +0.1% Oil 99.88 −0.0% Palladium 1,035.75 +0.4% GBU 0.085 +13.3% GAMA 0.060 +0.0% QGR 0.190 +2.7% AVU 0.020 +0.0% GCN 0.025 +0.0% PML 1.37 +5.4% NVO 0.055 +0.0% OSM 0.030 +20.0% GSKR 2.72 +4.6% GPG 0.265 −1.9% UCU 1.95 +2.6% PPX 0.240 +4.3% SXL 0.055 +0.0% ONAU 0.540 +8.0% TMQ 3.15 +10.9% MOON 6.10 +9.9% Gold 4,077.40 +0.1% Silver 54.55 +0.1% Copper 6.66 +0.1% Oil 99.88 −0.0% Palladium 1,035.75 +0.4% GBU 0.085 +13.3% GAMA 0.060 +0.0% QGR 0.190 +2.7% AVU 0.020 +0.0% GCN 0.025 +0.0% PML 1.37 +5.4% NVO 0.055 +0.0% OSM 0.030 +20.0% GSKR 2.72 +4.6% GPG 0.265 −1.9% UCU 1.95 +2.6% PPX 0.240 +4.3% SXL 0.055 +0.0% ONAU 0.540 +8.0% TMQ 3.15 +10.9% MOON 6.10 +9.9%
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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SSR acquires the Converse deposit adjacent to Marigold in a $464 million all-cash transaction.

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M&A / Property Aug 04, 2026 · 16:10

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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