SSR Mining Sells 80% Copler Mine Stake for $1.49 Billion
SSRM•SSR Mining sold its 80% Copler Mine stake for $1.49 billion, accelerating its shift to an Americas-focused portfolio and strengthening its balance sheet. Former SSR Mining Cripple Creek & Victor president Bjorn Meyer was appointed COO at Gunnison Copper to advance its Arizona copper projects.
1. Copler Mine Stake Sale
SSR Mining has completed the sale of its 80% interest in the Copler Mine for $1.49 billion, representing a strategic divestment from its Turkish assets. The transaction reinforces SSRM’s shift toward an Americas-centric portfolio and provides additional liquidity to fund development and reduce leverage.
2. Former SSR Mining Executive’s New Role
Bjorn Meyer, who led SSR Mining’s Cripple Creek & Victor operation as president and oversaw integration and growth initiatives, has been named COO at Gunnison Copper. His two decades of Arizona mining experience and track record in project execution and operational improvement highlight the mobility of senior talent within the copper sector.
