Skip to main content

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.