March 4 (Reuters) - Canada's SSR Mining ( SSRGF ) said

on Wednesday it had entered a binding memorandum of

understanding to sell its 80% stake in Turkey's Copler mine to

Cengiz Holding A.S. for $1.5 billion.

U.S.-listed shares of SSR Mining ( SSRGF ) rose 7.3% premarket

following the news.

The gold miner said it was also conducting a review of its

remaining platform in Turkey, including a 20% interest in the

Hod Maden development project.

SSR Mining ( SSRGF ) had suspended operations at the Copler mine in

2024 after a landslide left at least nine miners missing,

following which the company conducted a review of the mine.

The transaction with Cengiz is expected to close in the

third quarter of 2026.