SSR Mining Sells Hod Maden Stake; Royal Gold Reduces Ownership

SSR Mining has agreed to sell its 20% stake in the Hod Maden project in Turkey to Lidya Mines, retaining a 4% net smelter return royalty. Meanwhile, Royal Gold is reducing its ownership position by half to 15%. The transactions may impact investor sentiment toward SSR Mining and related stakeholders.

By Carl Surran, SA News Editor · Seeking Alpha ·

SSR Mining Sells Hod Maden Stake; Royal Gold Reduces Ownership

Tickers: $RGLD $SSRM

Topics: M&A Mining

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