Northwire Canada EditionFriday, July 17, 2026
Sign inSubscribe
Northwire
⌕
FL 0.405 −1.2% SSRM 35.58 −2.1% CD 0.230 +0.0% GEN 0.070 +0.0% ALS 55.25 −3.9% WGX 4.28 −3.5% LIFT 3.00 −4.8% NTR 94.72 +0.5% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.030 +0.0% PRU 4.56 −1.7% MOO 0.720 +0.0% BSX 0.830 −12.6% SLI 3.00 −2.6% FL 0.405 −1.2% SSRM 35.58 −2.1% CD 0.230 +0.0% GEN 0.070 +0.0% ALS 55.25 −3.9% WGX 4.28 −3.5% LIFT 3.00 −4.8% NTR 94.72 +0.5% ICON 0.045 +0.0% LMG 0.450 +0.0% NZP 0.045 −10.0% RJX 0.030 +0.0% PRU 4.56 −1.7% MOO 0.720 +0.0% BSX 0.830 −12.6% SLI 3.00 −2.6%
M&A / Property Routine +

SSR Mining Completes the Sale of Its 20% Equity Interest in Hod Maden

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

By The Northwire Desk — AI Analysis Jul 17, 2026 · 08:30 SSRM · 36.36 SSR Mining Inc.
Executive Summary

SSR Mining Inc. (SSRM) has completed the sale of its 20% equity stake in the Hod Maden development project to Artmin. In exchange, the company received an uncapped 4.0% net smelter return (NSR) royalty on 100% of the project.

The transaction, combined with the previously closed sale of the Çöpler mine, finalizes the company's strategic refocus to a free-cash-flow-leading gold and silver producer anchored by U.S. and Canadian assets. Royal Gold retains a fixed-price call right to acquire 2.0% of the NSR for $160 million upon commercial production declaration.

Material Impact

SSR Mining Inc. (SSRM) executed a transaction announced in May 2026, a move the market has already priced in following the company’s strategic pivot to the Americas and the $1.5 billion Çöpler sale. The divestment eliminates future capital obligations, which were previously estimated at approximately $469 million to reach 40% ownership according to the January 2026 technical report, and converts them into a long-term royalty stream. With the stock having retraced approximately 26% from its May 2026 highs to its July 2026 lows, the news serves as a confirmation of completed housekeeping rather than a new catalyst.

SSRM · Price
Company Overview

SSR Mining Inc. (SSRM) is a gold and silver producer focused on the Americas following the divestment of its Turkish assets. The company positions itself as the third-largest gold producer in the United States. Its flagship assets include Marigold (USA), Cripple Creek & Victor (USA), Seabee (Canada), and Puna (Argentina). Strategic focus has shifted to free cash flow generation, long mine life, and lower jurisdictional risk.

Read the original news release →

More from SSR Mining Inc.

Jun 24, 2026 · 18:51

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

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 Mar 27, 2026 · 07:00

SSR Mining Announces Normal Course Issuer Bid

Other