SSR Mining sells its Çöpler stake in Türkiye for $1.5bn

Cengiz Holding agreed to pay $1.5bn in cash for SSR’s 80% of the Çöpler gold mine, idle since a deadly heap leach failure in 2024. SSR is also reviewing its 20% stake in the Hod Maden project. SSR shares rose 15% before the open. The sale completed in June 2026.

Why it matters. A distressed asset can still fetch a good price from a local buyer better placed to manage its risks.

Source

MINING.COM

In the course

Module 10: Risk and jurisdiction