SSR Mining exits Turkey, sells Hod Maden stake for 4% uncapped royalty

Filed May 18, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  SSR Mining sold its 20% equity interest and operatorship in Turkey's Hod Maden development project to Lidya Mines for a 4.0% uncapped net smelter return royalty on 100% of the project, eliminating $243M in sunk capital and all future funding obligations.

  Item 8.01 verify on EDGAR →
• high

  Royal Gold holds a call option to purchase 2.0% of the NSR for $160M within 12 months of commercial production, plus consent rights on any SSR Mining NSR sale before January 1, 2028, and right of first refusal on future sales.

  Exhibit 99.1 verify on EDGAR →
• high

  Transaction completes SSR Mining's strategic exit from Turkey (following Çöpler mine sale) and refocuses the company entirely on Americas operations, anchored by Marigold and Cripple Creek & Victor mines in the United States.

  Exhibit 99.1 verify on EDGAR →