SSR Mining completed the sale of its 80% interest in the Çöpler gold mine to Cengiz Holding A.S. The transaction generated approximately $1.49 billion in cash proceeds. Final pricing reflects working capital adjustments from the initial agreement.
The divestment concludes the company’s operational chapter in Türkiye. SSR Mining is refocusing its portfolio on assets located across the Americas. The company currently operates four mines in the U.S., Canada, and Argentina.
Management intends to use the cash infusion for business reinvestment and growth initiatives. The company also plans to allocate a portion of the proceeds for capital returns to shareholders.