The sale reduces emerging market exposure and adds $1.5 billion to SSR Mining’s balance sheet amid record gold and silver prices.
SSR Mining has agreed to sell its 80% stake in the Copler mine in Turkey for $1.5 billion, exiting a project regulators shut down in 2024 after a fatal accident. The deal cuts the company’s exposure to emerging markets and shifts focus to lower-risk assets in the Americas.
The sale follows a strong year for SSR Mining, which generated $242 million in free cash flow in 2025 and $211 million in the first quarter of 2026. Gold prices recently hit $5,500 per ounce, while silver reached $121, driving a 160% surge in the company’s stock over the past year.
Proceeds from the sale will further strengthen SSR Mining’s balance sheet, providing a record cash stockpile as precious metals rally on geopolitical uncertainty and fiscal deficits.