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SSR Mining Announces Binding Agreement to Sell Its Ownership in the Çöpler Mine for $1.5 Billion in Cash
DENVER–(BUSINESS WIRE)– SSR Mining Inc. (Nasdaq/TSX: SSRM) (“SSR Mining” or the “Company”) announces that it has entered into a binding memorandum of understanding to sell its 80% ownership stake in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) for $1.5 billion (the “Purchase Price”) in cash (the “Transaction”). The entire $1.5 billion cash consideration is payable on the Transaction’s closing. Çöpler is being acquired by Cengiz Holding A.S. (“Cengiz Holding”), one of Türkiye’s largest industrial companies with operations spanning copper, gold and aluminum mining and processing, as well as major interests in construction, energy, metallurgy and the chemicals and fertilizer industries. The Transaction excludes SSR Mining’s interest in the Hod Maden development project.
let’s hope that’s how it works out, we get a “V” shaped recovery. The shares aren’t recovering as much just yet, but I suppose if the metals hold, they’ll catch up.
Dollar has paused, so that can’t hurt. Rates still moving up though.
Bitcoin is running again and has had a couple of good days.
XLE is the ETF of the major Oil Co’s…..here we can see a clear break out from a clear bull flag, which swings to a poss count of 73 plus, a gain from last night of nearly 30 %….by the way recent lows to that 73 target is a double in a matter of weeks….something very bullish for them is going on
If the Iran war was going to end badly, then the Big Oil Co’s while doing well, would not be about to double….however if they get to revive Iran’s infrastructure and pump plenty of that energy, they will make out like gang busters.
Here is XLO the explorer ETF….note the clear Inverted Head & Shoulders targeting 302 a near double from current 155..
that’s a switch. Yesterday their PM fix was $96, today they closed it at $95.46 – so they’re not seeing a discount in physical, while over here the paper kings tried to give silver away for $80. Course they don’t have any to sell for that, but it looks better. What a joke our markets are.
Anyhoo, we’re trying to bounce here overnight as the dollar flattens, with silver up $3 and gold up $82. Pretty nice bounce if we can hold or build on it.
The pm shares will take some time to repair. As always, stairs up, elevator down.
It is said to be the most conductive material on earth. Also, according to Dane Wigington of geoengineeringwatch.org, it is mixed into and being sprayed worldwide in chemtrails along with Aluminum, Strontium, Barium, Magnesium, and other elements everywhere to modify the weather as well as pollute the atmosphere which pollutes the entire earth since everything that is sprayed in chemtrails returns to blanket the earth. We all now breathe it with every breath we take, making us all exposed and susceptible to EMF radiation accumulation.
OTOH, it is probably very good for AI and reducing the earth’s population from 8 Billion to only 500 Million as was the stated objective on the Georgia Guidestones monument before it was hit by lightening (a laser weapon), broken up into small pieces, and hauled away that same day in in 2022.
All FWIW….SNG
EDIT: I wonder if these graphene patents have anything to do with silver suddenly losing some of its “shine” for solar panels?? Can it be made reflective too?? SNG
The United States and Israel are seeking to foment an armed uprising inside Iran using an armed Kurdish fighting force, which has been built up since the twelve-day war in 2025.
ITV News understands that since last year, weapons have been smuggled into Western Iran to arm thousands of Kurdish volunteers. They are expected to begin a ground operation within days.
In recent days, American and Israeli strikes have repeatedly struck security targets in the West of the country to degrade their capabilities and give the best chance for the ground rebellion.
We have been told by Kurdish sources that American and Israeli forces have been asked to provide air cover when any such ground operation begins. Our sources do not know if that request has been approved.
Hydrograph clean Power is a leading producer of ultra pure graphene ( Had to look up the difference between graphite and graphene. Graphene is similar to graphite, but consists of only 1 layer of carbon atoms, as opposed to several layers that comprise graphite. It also has superior strength and conductivity to graphite).
Their patented technology uses less energy to produce and claims to produce zero waste in its processes.
On February 24, they announced a private placement of 5.8 million units at $C5.10 a unit, with gross proceeds of @ $C30 million.
Also on the 24th, the U.S. EPA granted the company permission to manufacture, process and distribute their product in the U.S. They also received permission to commercially manufacture their product in the UK and in Europe.
It’s had an amazing run recently. Hope it keeps going higher for you.
Does anyone know anything about it? I added it to my watch list and kept watching it go up. So today I bought 300 sh because it was holding up good on such a bad day. Is anyone else here on it? Naturally if it drops I’ll sell it fast.
Trouble is, drones are easy to launch from anywhere. Ask Putin and Z. To eliminate drone attacks entirely will need ….. boots on the ground. And don’t forget the math of the navy shooting down drones – $150,000+ to shoot down a $5,000 drone.
We were kind of forced to do it because they were exporting our Gold to Europe for $34/oz when the price was up to $140/oz. So after that they rigged the system to export our jobs. I hope Trump and company’s ideas work.
I guess Trump is the only one who knows about his indebtedness or perhaps some of it is subconscious, I don’t know. It could be something Epstein related.
“The endgame is very difficult to foresee.” You can say that again! In the words of Helmuth Von Moltke “No plan survives contact with the enemy.”
Mike Tyson said it a bit more colorfully: “Everyone has a plan til they get punched in the mouth.”
Trump Announces US To Cover Insurance For All Ships Traveling Through Gulf, Will Provide US Navy Escorts
Update (1440ET): Moments ago President Trump announced that the United States will provide insurance for “ALL Maritime Trade” via the US Development Finance Corporation (DFC), and will provide Navy escorts, “if necessary.”
Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) to provide, at a very reasonable price, political risk insurance and guarantees for the Financial Security of ALL Maritime Trade, especially Energy, traveling through the Gulf. This will be available to all Shipping Lines. If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible.
Quite subconciously. A Pfizer rep. giving a doctor a pen will do it. The doctor will deny that he feels any debt to Pfizer for something as cheap as a pen, just as they would claim that a five day conference at a Trump golf course wouldn’t affect their buying decisions either. So to think that $400,000,000 from Miriam Adelson wouldn’t buy some influence is ridiculous. Trump is definitely compromised.
Which isn’t to say that the war is wrong. As others have commented Iran exports/funds terrorism in several areas. They have been working on nuclear capabilities for decades. They continually rant Death to Israel, Death to the Great Satan, we will obliterate Zion from the face of the earth etc. etc. They are undoubtably an evil regime who intend to kill a lot of people in their overall intent to establish their ‘religious’ authority over everyone. The regime is not a dictatorship, it is an organisation, thousands of people working to the same aim, supported by millions. Not a Saddam, or Ghaddafi, more of a Stalin where Islam has the same zeal as communism. Plenty of other candidates for the top job if the incumbent is killed. And that’s what will make the ending of the war difficult, because what do you do with all the supporters of the regime? After all, it was installed nearly fifty years ago by a popular uprising; as I’ve said, it’s not one man and his bunch of thugs imposing his rule. There are millions of supporters who are used to wielding authority and have access to arms, and tens of millions who don’t. A successful popular uprising is not a foregone conclusion here. The endgame is very difficult to foresee.
She probably didn’t mention the causes because she’s too young, only 51 and doesn’t know anything. I was in manufacturing right after high school in 1962.
I’m happy I saw so many great years until after 1971, it was all down hill with all the dumbass imports coming in to get inflation numbers lower but lowered the living standards of young people starting out.
I started getting happy for the end of the old 1913 system after 9/11 because I knew the old new world order (19113) was ending.
But just to be sure I hadn’t been robbed I took a trip to the boonies to check my Physical stash….and was so relieved to find EVERY ounce was still there, Thank You LORD….and my kill trap was still set and operating smoothly… and no dead bodies laying around to stink up the place. It cost me a little gas but the peace of mind was worth it., Got Casino paper digits?….or real Silver and Gold!? ;o) SNG
You’re right. She didn’t go into the causes much. I think she was just pointing out how much ordinary Americans could benefit from the money that’s being used overseas, not to mention the lives lost.
She forgot to mention the percentage of Americans driving imported cars, probably 75%. And all the made in China TV sets and all the other stuff we used to make ourselves, and kept our money home. Everybody was happy in the 50s and 60s. Wives didn’t even have to work. Why didn’t she mention all the reasons why everything got so bad? Even a cave man knows it, why we are a poor nation now.
