SSR Mining Walks Away From a World-Class Gold-Copper Project
The Deep Dive May 29, 2026
Summary
SSR Mining exits Hod Maden project in Turkey, converting 20% equity into a 4% NSR royalty after spending $243 million.
The 2024 Çöpler mine disaster severely damaged SSR's operator credibility and political standing in Turkey.
Investors must weigh jurisdiction risks, as even world-class assets face major obstacles when capital and credibility collide.