SSR Mining is a mid-tier precious metals miner focused primarily on gold, with silver, lead, and zinc as byproducts. Gold accounts for roughly 70% of revenue, with the balance coming from silver-lead-zinc concentrates produced in Argentina. SSR Mining sells gold doré to Canadian banks — primarily CIBC, RBC, and National Bank of Canada — while silver and base metal concentrates from Argentina are sold to smelters and traders in Asia and Europe. SSR Mining operates four producing mines: Marigold, a heap leach gold mine in Nevada; Cripple Creek & Victor (CC&V), a heap leach gold mine in Colorado acquired from Newmont for $100M in early 2025; Seabee, a high-grade underground gold mine in Saskatchewan; and Puna, a silver-lead-zinc open-pit mine in Argentina. A fifth mine, Çöpler in Türkiye, has been suspended since February 2024 following a heap leach pad failure, incurring an estimated $250-$300M in remediation costs and generating ongoing care and maintenance costs that weigh on reported earnings. SSR Mining is a price-taker, with profitability driven primarily by gold and silver prices, production volumes, and all-in sustaining costs. Growth is focused on organic mine life extensions at existing operations, the potential restart of Çöpler, and the development of Hod Maden, a permitted copper-gold project in Türkiye in which SSR Mining holds a majority interest.
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