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Hod Maden Development Project

Sector: Mining • Location: Turkey

Source: Quantisnow

Project
Planned

SSR Mining Inc. has entered into a definitive agreement to sell its 20% ownership stake and operatorship position in the Hod Maden development project to Lidya Mines. The transaction involves an uncapped 4.0% net smelter return royalty on 100% of the project. Upon closing, Lidya Mines will become the operator and own 85% of the project, with Royal Gold owning 15%. SSR Mining will resign as project

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Project Information

4 Q
The project “Hod Maden Development Project” is an infrastructure initiative in the Mining sector, located in Turkey. Taiyo aggregates data on it from Quantisnow.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Available timestamp type

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Contact

Contact name

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Phone

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Email

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Address

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Description

Description

SSR Mining Inc. has entered into a definitive agreement to sell its 20% ownership stake and operatorship position in the Hod Maden development project to Lidya Mines. The transaction involves an uncapped 4.0% net smelter return royalty on 100% of the project. Upon closing, Lidya Mines will become the operator and own 85% of the project, with Royal Gold owning 15%. SSR Mining will resign as project operator and have no further funding obligations.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

Region

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Country

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State

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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