M&A Deal Summary

SSR Mining Acquires Cripple Creek & Victor Gold Mining

On February 28, 2025, SSR Mining acquired metals/mining company Cripple Creek & Victor Gold Mining from Newmont Mining for 100M USD

Acquisition Highlights
  • This is SSR Mining’s 6th transaction in the Metals/Mining sector.
  • This is SSR Mining’s 2nd largest (disclosed) transaction.
  • This is SSR Mining’s 3rd transaction in the United States.
  • This is SSR Mining’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2025-02-28
Target Cripple Creek & Victor Gold Mining
Sector Metals/Mining
Buyer(s) SSR Mining
Sellers(s) Newmont Mining
Deal Type Divestiture
Deal Value 100M USD

Target

Cripple Creek & Victor Gold Mining

Victor, Colorado, United States
Cripple Creek & Victor Gold Mining is a surface mine that provides ore to a crusher and a leach facility. Cripple Creek & Victor Gold Mining was founded in 1976 and is based in Victor, Colorado.

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Buyer(S) 1

Buyer

SSR Mining

Denver, Colorado, United States

Category Company
Founded 1946
Sector Metals/Mining
Employees2,500
Revenue 1.4B USD (2023)
DESCRIPTION

SSR Mining is a mining company focused on the operation, development, exploration and acquisition of precious metal projects. SSR Mining was founded in 1946 and is headquartered in Denver, Colorado.


DEAL STATS #
Overall 6 of 6
Sector (Metals/Mining) 6 of 6
Type (Divestiture) 3 of 3
State (Colorado) 2 of 2
Country (United States) 3 of 3
Year (2025) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-06 Pitarrilla Project

Durango, Mexico

Pitarrilla Project comprises 4,950 hectares across five concessions and has significant infrastructure in place with direct access to utilities. Pitarrilla Project is based in Durango, Mexico.

Sell -

Seller(S) 1

SELLER

Newmont Mining

Denver, Colorado, United States

Category Company
Founded 1916
Sector Metals/Mining
Employees21,700
Revenue 11.8B USD (2023)
DESCRIPTION

Newmont Mining is a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, and Mexico. Newmont Mining was founded in 1916 and is based in Denver, Colorado.


DEAL STATS #
Overall 4 of 4
Sector (Metals/Mining) 4 of 4
Type (Divestiture) 3 of 3
State (Colorado) 1 of 1
Country (United States) 2 of 2
Year (2025) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-25 Newmont - Éléonore Operation

Quebec, Canada

Newmont's Éléonore Operation is a gold and copper producer.

Sell $795M