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SSR Mining Ord Shs T.SSRM

Alternate Symbol(s):  SSRM

SSR Mining Inc. is a precious metals mining company with four producing assets located in the United States of America (USA), Turkey, Canada, and Argentina, combined with a global pipeline of development and exploration assets in the USA, Turkey, Mexico, and Canada. Its four operating assets produce more than 700,000 gold-equivalent ounces annually. The Company's gold and silver production is sourced from its Copler Gold Mine (Copler) in Erzincan, Turkey, Marigold mine (Marigold) in Nevada, United States, Seabee Gold Operation (Seabee) in Saskatchewan, Canada and Puna Operations (Puna) in Jujuy, Argentina. The Company's growth and development pipeline includes Cakmaktepe Extension and Copper Hill in Turkey, New Millennium, Trenton Canyon and Buffalo Valley in Nevada, and the Fisher and Amisk properties in Saskatchewan, along with a number of earlier-stage opportunities globally. Amisk property is 39,880 hectares with extensive Proterozoic-volcano-sedimentary rock assemblages.


TSX:SSRM - Post by User

Post by OgnyQ4on Feb 16, 2024 3:04pm
158 Views
Post# 35884836

from bad to worse

from bad to worseFrom Q3 report: " As a result of the ongoing efforts to optimize our portfolio, the business is entering a three-year growth capital investment period, particularly at Hod Maden and pler, and we expect adjustments to the production and cost profile over the upcoming three- to five-year period as compared to prior life of mine plans. While initial work to-date indicates that mine resequencing and optimization activities across the portfolio will drive 2024 production that is lower than 2023 levels at higher costs, annual gold production will grow as development projects at Hod Maden, Marigold and pler are completed". They were already forcasting lower production at higher cost. AISC was growing well over 1500usd. Hod Maden supposed to be the saver. Now is liability. My two cents : - during the coming days/weeks SP will go south of 4,5cad. The Bear market takes no prisoners
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