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SSR Mining invests $4M for 15% stake in Phenom's Dobbin gold project joint venture

Company Fundamentals
23 Sep 2026
Newsfile Corp
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Bullish
SSR Mining invests $4M for 15% stake in Phenom's Dobbin gold project joint venture

Phenom Resources announced that SSR Mining has exercised its option to acquire a 15% interest in the Dobbin gold project by investing $4 million. The two companies formed a joint venture LLC, with Phenom's subsidiary Copper One owning 85% and SSR owning 15%. The funds will be used to advance exploration and development of the Dobbin project through 2026 and into 2027. This partnership brings SSR's technical expertise and financial support to Phenom, enhancing the project's potential and funding exploration activities for the upcoming drilling seasons.

SSR Mining's acquisition of a 15% interest in the Dobbin project is presented here with Pluang's Basic Materials sector data as of Sep 23, 2026 19:11 WIB. Of 38 priced US Basic Materials stocks on Pluang, 9 rose and 29 fell today. Notable movers include Newmont Corporation (NEM) at USD 124.00 with a -2.56% change, Southern Copper Corp (SCCO) at USD 201.00 with a -2.49% change, and Wheaton Precious Metals Corp (WPM) at USD 150.06 with a -2.44% change. The most notable figure is the 74% sell order activity for SCCO.

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