SSR Mining Completes $1.49 Billion Sale of Çöpler Mine Stake to Cengiz Holding

Corporate Action
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Summary · why it matters

SSR Mining has finalized the sale of its 80% ownership stake in the Çöpler mine and associated properties in Türkiye to Cengiz Holding and its affiliates. The transaction closed on June 24, yielding approximately $1.49 billion in cash consideration after working capital adjustments. The divestiture marks SSR Mining's full exit from the Çöpler site, allowing the company to concentrate on its remaining assets in the USA, Canada, and Argentina.

Impact on stocks 2

Materials▲ · 1 stocks
SSR Mining Inc
SSRM
▲ PositiveCapitalrelevance

SSR Mining completed the sale of its Çöpler mine stake for $1.49 billion, providing cash and allowing focus on other assets.

Critical Materials & Supply Chain▲ · 1 stocks

Off-coverage companies 1

Cengiz HoldingPrivate▲ Positive
Capitalrelevance

Cengiz Holding acquired an 80% stake in the Çöpler mine, expanding its mining portfolio.

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