Agreement signedPublished 4 Mar 2026

Cengiz Holding A.S. /
SSR Mining Inc.

Cengiz Holding agrees to buy SSR Mining's Çöpler stake for $1.5 billion

Buy side: Cengiz Holding A.S.
Buy sideCengiz Holding A.S.
Target: SSR Mining Inc.
TargetSSR Mining Inc.
SSR Mining Inc. · 4 Mar 2026Source
Buy side: Cengiz Holding A.S.
Buy sideCengiz Holding A.S.
Target: SSR Mining Inc.
TargetSSR Mining Inc.
01 / BuyerCengiz Holding A.S.
02 / TargetSSR Mining Inc.
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

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01

What 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]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · SSR Mining Inc.

Cengiz Holding agrees to buy SSR Mining's Çöpler stake for $1.5 billion

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Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by SSR Mining Inc.

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