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Ssr Mng Inc - SSRM STOCK NEWS

Welcome to our dedicated page for Ssr Mng news (Ticker: SSRM), a resource for investors and traders seeking the latest updates and insights on Ssr Mng stock.

Company Overview

SSR Mining Inc (SSRM) is a Vancouver-based mining company deeply entrenched in the exploration, acquisition, development, and operation of precious metals production assets. With a rich history in the mining sector, SSR Mining is recognized for its expertise in mining operations and its strategic emphasis on gold and silver production, which has cemented its role as a major player in the industry.

Core Business and Operations

At its core, SSR Mining focuses on extracting and processing high-value precious metals. The company owns and operates key mining operations that span multiple regions in the Americas. Its portfolio includes:

  • Marigold Mine in Nevada: A cornerstone operation known for substantial gold output and advanced mining practices.
  • Seabee Gold Operation in Saskatchewan: An established asset that adds to the company's diversified production base.
  • Puna Operations in Argentina: A joint venture comprising mature operations and development projects, contributing significantly to silver production.

Exploration and Development Strategy

SSR Mining balances production with robust exploration efforts. Its portfolio of exploration properties across North and South America positions the company to continually discover and develop new mining opportunities. This exploration strategy not only supports current operations but also provides a pipeline of future projects, ensuring a dynamic presence in the precious metals sector.

Operational Excellence and Safety

The company places a strong emphasis on safe production practices and operational integrity. Its management team, known for their industry experience and technical prowess, oversees the day-to-day operations and long-term strategies with a focus on efficiency and safety. This careful management of both mature assets and development projects demonstrates SSR Mining's commitment to sustaining high standards in mining operations.

Market Position and Competitive Landscape

SSR Mining operates within a competitive market where strategic asset positioning and operational competence are key differentiators. Its diverse asset base, spread across prominent mining regions, allows the company to mitigate risks associated with geographic or regulatory variances. By focusing on both established mines and promising exploration projects, SSR Mining distinguishes itself through a balanced approach that caters to both current production and future growth potential.

Investor Insights and Operational Transparency

For investors and industry analysts, SSR Mining presents a compelling case study of operational resilience and strategic resource management. Its multi-regional presence, combined with a portfolio that spans various stages of production and development, provides nuanced insights into the challenges and opportunities within the precious metals sector. The company’s transparent communication regarding its operations, management philosophy, and exploration initiatives reflects a deep-seated commitment to maintaining credibility and trust in the marketplace.

Conclusion

In summary, SSR Mining Inc stands as a seasoned and comprehensive mining company, with a strategic focus on gold and silver production across key operations in the Americas. Its established mines, rigorous exploration agenda, and commitment to safe production practices underline its significance within the precious metals industry. This detailed overview aims to equip stakeholders with an in-depth understanding of the company’s business model, operational framework, and market positioning.

News

SSR Mining Announces Suspension of Operations at Çöpler

Rhea-AI Summary
SSR Mining Inc. announces the suspension of operations at the Çöpler mine due to a large slip on the heap leach pad. A conference call is scheduled to provide an overview of current operations and long-term growth strategy.
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SSR Mining Issues Multi-year Guidance and Technical Reports for All Operating Assets Featuring Production Growth Approaching 800,000 Ounces by 2027 at AISC Trending Towards $1,300 Per Ounce

Rhea-AI Summary
SSR Mining Inc. announces positive business update with increased production outlook and life of mine plans. The company expects total 5-year production to increase by 4% to 3.1 million ounces gold equivalent, with a 9% increase including contributions from the Hod Maden acquisition. Production platform aims for 800,000 gold equivalent ounces by 2027 with an AISC trending towards $1,300 per ounce. Positive free cash flow expected in 2024, peer-leading capital returns yield, and unchanged overall returns strategy. Technical reports show corporate net asset value based on mineral reserves only of over $3 billion, increasing to over $4 billion at spot commodity prices. Major assets like Çöpler, Marigold, and Seabee show strong growth profiles and increased production expectations over the next few years.
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SSR Mining Delivers Strong Fourth Quarter Production and Achieves 2023 Consolidated Production Guidance

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SSR Mining Inc. reports fourth quarter 2023 production of approximately 211,100 gold equivalent ounces, meeting the 2023 production guidance. The company has delivered 11 out of 12 years on its production guidance targets. Full-year production for 2023 stands at approximately 706,900 gold equivalent ounces. The long-term production guidance will be announced on February 13, 2024, along with the full-year 2023 financial results to be announced on February 21, 2024.
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SSR Mining Appoints New Board Director

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SSR Mining Inc. (SSRM) appoints Daniel Malchuk, a seasoned industry veteran with over 30 years of experience, to its Board of Directors. Mr. Malchuk brings strategic, operational, and financial expertise from his tenure at BHP and current roles at Appian Capital Advisory and Jetti Resources. He holds a Civil Industrial Engineer degree from Universidad de Chile and an MBA from University of California at Los Angeles (UCLA) Anderson School of Management. Mr. Malchuk's appointment is effective January 8, 2024, and he will also serve on the Technical, Safety, and Sustainability Committee of the Board.
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SSR Mining Announces Sale of EMX Units

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SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) announced a block trade agreement with Scotiabank to sell 6,161,524 units at a price of C$1.93 per unit, resulting in gross proceeds of C$11,891,741. The units consist of one common share of EMX Royalty Corp. and one right to purchase an additional common share at a price of C$2.27 per share. SSR Mining's ownership in EMX has decreased to 5.5% from 11.0% as a result of the sale, with potential gross proceeds of C$25,878,401 if all options are exercised.
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SSR Mining Announces the Sale of Its San Luis Project for Total Consideration of up to US$42.5 Million and a 4% NSR Royalty

Rhea-AI Summary
SSR Mining Inc. (SSRM) has announced the sale of its San Luis Project to Highlander Silver Corp. for up to US$42.5 million, with SSR Mining retaining a 4% NSR royalty. The transaction is expected to be accretive to SSR Mining on a NAV per share basis and is part of the company's portfolio rationalization strategy, having realized over US$300 million for non-core assets since the start of 2021.
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SSR Mining Announces Automatic Share Purchase Plan

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SSR Mining Inc. (SSRM) has announced the implementation of an automatic share purchase plan (ASPP) in connection with its normal course issuer bid (NCIB) to repurchase up to 10,200,000 common shares of the company. The ASPP is designed to facilitate repurchases of common shares under the NCIB during regulatory restrictions and blackout periods. It is expected to be in effect from November 28, 2023, to June 19, 2024. The NCIB allows SSR Mining to purchase common shares over the twelve-month period that began on June 20, 2023.
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SSR Mining Reports Third Quarter 2023 Results

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SSR Mining reports strong Q3 2023 financial and operating results, with record production from Marigold and Puna. Attributable net income in Q3 was $15.2 million, or $0.07 per diluted share. Quarterly production was 192,195 gold equivalent ounces at a cost of sales of $1,095 per ounce and AISC of $1,289 per ounce. Year-to-date production is 495,668 gold equivalent ounces. The company remains on track for the low-end of its consolidated production guidance of 700,000 gold equivalent ounces.
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SSR Mining Announces the Sale of Its Sunrise Lake Exploration Property

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SSR Mining announces sale of Sunrise Lake Property to Honey Badger Silver Inc.
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SSR Mining to Announce Third Quarter Consolidated Financial Results on November 1, 2023

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SSR Mining announces date for Q3 2023 financial results news release and conference call.
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FAQ

What is the current stock price of Ssr Mng (SSRM)?

The current stock price of Ssr Mng (SSRM) is $10.84 as of April 17, 2025.

What is the market cap of Ssr Mng (SSRM)?

The market cap of Ssr Mng (SSRM) is approximately 2.2B.

What is the core business of SSR Mining Inc?

SSR Mining Inc is engaged in the exploration, development, production, and acquisition of precious metal assets, primarily focusing on gold and silver production in the Americas.

Which regions does SSR Mining operate in?

The company operates across key regions including Nevada in the United States, Saskatchewan in Canada, and Jujuy Province in Argentina, showcasing a diverse geographic presence.

How does SSR Mining generate revenue?

Revenue is generated through the production of gold and silver from its operated mines, complemented by exploration and development projects that potentially enhance resource bases over time.

What distinguishes SSR Mining from its competitors?

SSR Mining distinguishes itself through its diversified asset portfolio, strategic operational locations, and a management team with substantial industry experience and a commitment to safe production practices.

How important is exploration to SSR Mining’s strategy?

Exploration is a key component of SSR Mining’s strategy, ensuring a continuous pipeline of new opportunities while supporting existing production through the discovery of additional precious metal reserves.

Can you explain the significance of the Marigold Mine for the company?

The Marigold Mine, located in Nevada, is one of the company’s cornerstone assets, known for its robust gold production and advanced mining processes that set industry standards.

How does SSR Mining manage operational safety and efficiency?

The company employs a seasoned management team with a strong track record in mine building and operations, ensuring that safety protocols and operational standards are rigorously maintained at all facilities.

What types of precious metals does SSR Mining primarily produce?

SSR Mining primarily produces gold, with a significant portion of its revenue derived from this metal, in addition to silver production from select operations like the Puna mine.
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Ssr Mng Inc

Nasdaq:SSRM

SSRM Rankings

#1268 Ranked by Market Cap
N/A Ranked by Dividends

SSRM Stock Data

2.20B
201.20M
1.14%
70.89%
3.8%
Gold
Mineral Royalty Traders
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United States
DENVER