SSR Mining completes sale of its 20% interest in Hod Maden Project, Türkiye
SSR Mining Inc. [Nasdaq/TSX: SSRM] reported that it has closed the sale of its 20% ownership stake in the Hod Maden development project. The Hod Maden Project is a high-grade, underground gold-copper development located in the Eastern Pontides metallogenic belt of northeastern Türkiye.
At closing, SSR Mining received an uncapped 4.0% net smelter return royalty (NSR) on 100% of the project.
The 4.0% Hod Maden NSR strengthens SSR Mining’s existing royalty portfolio, which currently includes NSRs on the San Luis project (4.0%) owned by Highlander Silver, the Pitarrilla project (1.25%) owned by Endeavour Silver, the Rowan property (3.0%) owned by West Red Lake Gold, and the Sunrise Lake property (4.0%) owned by Honey Badger Silver.
The transaction closing, together with the previously announced divestment of the Çöpler mine in Türkiye, completes SSR Mining’s strategic refocus to a free cash flow leading Americas gold and silver producer anchored by its long-lived operations in the United States.
SSR Mining Inc. is a free-cash-flow-focused gold and silver mining company and the third-largest gold producer in the United States. SSR Mining has a diversified portfolio of operating, development and exploration assets across the Americas, including four operating mines in the USA, Canada, and Argentina. In 2026, SSR Mining is expected to produce between 450,000 and 535,000 Gold Equivalent Ounces. The Company is headquartered in Denver, Colorado and is listed under the ticker symbol SSRM on the Nasdaq Stock Market and the Toronto Stock Exchange.
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