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The Gold Mine Disaster That Forced a $1.5 Billion Sale | SSR Mining -The Copler Exit

The Deep Dive Mar 18, 2026

Summary

SSR Mining exits Copler mine following catastrophic landslide, selling its 80% stake to partner Lidya Mining for $1.5 billion

The Copler disaster destroyed the heap leach pad and forced mine suspension, creating significant liability for SSR Mining

Exit allows SSR Mining to remove a major overhang from its portfolio while Lidya assumes full operational control