Cengiz Holding A.S. /
SSR Mining Inc.
Cengiz Holding agrees to buy SSR Mining's Çöpler stake for $1.5 billion




Source for the buyer and target: SSR Mining Inc.
For the buyer and target.
“On March 3, 2026, SSR Mining Inc., a British Columbia corporation (the “Company”), entered into a binding memorandum of understanding (the “MoU”) with Cengiz Holding A.S. (“Cengiz Holding”) to sell its 80% ownership interest in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) for $1.5 billion (the “Purchase Price”) in cash (the “Transaction”).”
Published 4 Mar 2026
Open the sourceWhat happened
SSR Mining has signed a binding memorandum of understanding to sell its 80% ownership interest in the Çöpler mine and related properties in Türkiye to Cengiz Holding. The cash price is $1.5 billion, with a $100 million deposit due within ten business days of the MoU, and the Hod Maden development project is excluded from the deal. [01]
The memorandum sets a $50 million termination fee and calls for closing within 120 calendar days of definitive agreements, subject to Turkish regulatory approval. Definitive agreements are being negotiated. [01]
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Cengiz Holding agrees to buy SSR Mining's Çöpler stake for $1.5 billion
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