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Stock impact report

SSR Mining to divest 80% stake in Çöpler Mine for $1.5bn [Yahoo! Finance]

SSR Mining Inc. (SSRM) 
Last ssr mining inc. earnings: 2/20 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ssrmining.com/investors/default.aspx
Company Research Source: Yahoo! Finance
US-based SSR Mining has signed a binding memorandum of understanding (MoU) to divest its 80% ownership interest in the Çöpler mine and associated properties in Türkiye for a total of $1.5bn in cash. The purchaser, Cengiz Holding, is an industrial company engaged in sectors such as copper, gold, and aluminium mining and processing, along with significant roles in construction, energy, metallurgy, and the chemicals and fertiliser industries. This agreement does not include SSR Mining's stake in the Hod Maden development project. The transaction involves a full cash payment upon closing, expected in the third quarter of 2026. The Çöpler mine and its related properties include all mining licences, rights, assets, liabilities and interests pertaining to or associated with SSR Mining's activities in eastern Anatolia, including Çakmaktepe, Çöpler, Bayramdere, Mavialtin and Tunçpinar. Regulatory approval from Türkiye's General Directorate of Mining and Petroleum Affairs is necessar Show less Read more
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