SSR Mining To Acquire Addl. 30% Ownership In Kartaltepe Mining JV From Lidya Mining For $150 Mln

RTTNews | 819天前
SSR Mining To Acquire Addl. 30% Ownership In Kartaltepe Mining JV From Lidya Mining For $150 Mln

(RTTNews) - SSR Mining Inc. (SSRM, SSRM.TO, SSR.AX) announced Monday that it has reached an agreement to acquire an additional 30% ownership interest in the Kartaltepe Mining Joint Venture at the ??pler District from partner Lidya Mining for total consideration of $150 million in cash.

Upon completion of the transaction, SSR Mining will increase its ownership interest in Kartaltepe from 50% and will own 80% of the entirety of the ??pler District.

The acquisition is expected to deliver material synergies through the remainder of the currently defined 22-year ??pler mine life.

SSR Mining will use proceeds from its non-core asset sales received over the course of the past 18 months to fund the transaction.

The Transaction is expected to be completed in the fourth quarter of 2022, upon satisfaction of closing conditions.

read more
Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

Indian shares were slightly lower on Tuesday, giving up early gains as investors awaited clarity on Donald Trump's trade policies and tariffs.
RTTNews | 5小時30分鐘前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets and lack of cues from Wall Street overnight, as markets reacted positively to US President Donald Trump's decision not to impose China-specific tariffs on his first day in office. However, there were hints from Trump about potential 25 percent tariffs on Canada and Mexico as early as February 1.
RTTNews | 6小時27分鐘前
Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market halved its early gains in mid-market trading on Tuesday, but still extending the gains in the previous session, following the positive cues from European markets. The benchmark S&P/ASX 200 index is moving to near the 8,400.00 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | 7小時2分鐘前
Sensex, Nifty Seen Opening Higher In Cautious Trade

Sensex, Nifty Seen Opening Higher In Cautious Trade

Indian shares are seen opening higher on Tuesday as U.S. President Donald Trump did not immediately impose China-specific tariffs as previously promised during his first day in office.
RTTNews | 7小時12分鐘前
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from European markets and lack of cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,000 mark, with gains some index heavyweights, automakers and technology stocks.
RTTNews | 8小時9分鐘前
Australian Market Sharply Higher

Australian Market Sharply Higher

The Australian stock market is trading sharply higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | 8小時32分鐘前
TSX Ends Higher For 5th Straight Session

TSX Ends Higher For 5th Straight Session

The Canadian market closed higher on Monday, extending gains to a sixth straight session, reacting to news that the Trump administration will hold off on imposing trade tariffs for now.
RTTNews | 11小時19分鐘前