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SSR Mining to Sell 20% Hod Maden Stake for 4% Royalty
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SSR Mining to Sell 20% Hod Maden Stake for 4% Royalty
May 18, 2026 2:45 PM

05:22 PM EDT, 05/18/2026 (MT Newswires) -- SSR Mining Inc ( SSRGF ) entered an agreement to sell its 20% stake in the Hod Maden development project for an uncapped 4.0% net smelter return royalty on 100% of the project, the company said on Monday.

The company said the transaction will eliminate its future funding obligations for Hod Maden, with Lidya Mines assuming operatorship and increasing its ownership to 85% upon closing.

The transaction is expected to close in Q3 of 2026.

SSR Mining ( SSRGF ) said the deal, along with the previously announced sale of the Copler mine in Turkiye and acquisition of the Cripple Creek & Victor mine in Colorado, completes its strategic shift toward an Americas-focused platform.

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