Lidya Madençilik to Acquire SSR Mining’s Interests in the Hod Maden Joint Venture (with Royal Gold Restructuring)
May 18, 2026
Royal Gold announced a restructuring of its ownership in Artmin Madençilik, the joint venture that owns the Hod Maden Project in northeastern Türkiye. Under the transactions, SSR Mining will sell all its interests in Artmin to Lidya, SSR will step down as operator (Lidya assumes operatorship), and Royal Gold’s direct equity stake will be reduced while it receives royalty interests linked to the project; closing is expected in the second half of 2026 subject to regulatory approval.
- Buyers
- Lidya Madençilik, Royal Gold, Inc.
- Targets
- Artmin Madençilik, Hod Maden Project
- Sellers
- SSR Mining, Inc.
- Industry
- Industrial Services
- Location
- Türkiye
- Transaction Type
- Divestiture
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