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SSR Mining sells 20% Hod Maden stake to Lidya for 4% NSR royalty

PUBT·05/18/2026 21:00:26
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SSR Mining sells 20% Hod Maden stake to Lidya for 4% NSR royalty
  • SSR Mining agreed to sell its 20% stake in the Hod Maden development project to Lidya Mines in exchange for an uncapped 4% net smelter return royalty on 100% of the project.
  • The deal transfers operatorship to Lidya Mines, leaving SSR Mining with no further funding obligations for Hod Maden.
  • Royal Gold will sell 15% of its Hod Maden interest to Lidya Mines for an uncapped 2.5% NSR on 100% of the project.
  • Royal Gold will hold a fixed-price call right to acquire 2% of SSR Mining’s NSR for $160 million, expiring 12 months after commercial production is declared.
  • Closing is expected in the third quarter of 2026, subject to Turkish regulatory approval and other customary conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SSR Mining Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260515365569) on May 18, 2026, and is solely responsible for the information contained therein.

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