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.
SSR Mining Inc. (SSRM) is a precious metals producer listed on the Nasdaq and TSX that regularly issues detailed updates on its operations, financial performance, and technical studies. The news flow for SSR Mining covers its gold and silver production, cost metrics, development projects, and corporate governance matters, giving investors and followers insight into how the company manages its multi-mine portfolio.
News releases include quarterly and annual financial results, where SSR Mining reports gold, silver, lead and zinc production and sales, gold equivalent ounces, cost of sales, cash costs, and all-in sustaining costs (AISC). These updates also discuss operating performance at key assets such as the Marigold mine, the Cripple Creek & Victor (CC&V) mine, the Seabee operation, and the Puna operation, along with commentary on cash flow generation and liquidity.
SSR Mining’s news also highlights technical and strategic developments. Examples include the acquisition and integration of CC&V, the filing of a Technical Report Summary for CC&V prepared under Subpart 1300 of Regulation S-K, mine life extension work at Puna, and progress on the Hod Maden copper-gold project. Operational updates, such as the temporary suspension and subsequent restart of Seabee due to power interruptions from nearby forest fires, provide additional context on site-level conditions.
Corporate and governance announcements, including annual meeting voting results and changes to the Board of Directors, are also communicated through news releases. Readers who follow SSRM news can track production trends, cost performance, project milestones, and board-level decisions in one place, making this news feed a useful resource for monitoring the company’s ongoing activities.
SSR Mining Inc. will release its third quarter 2021 consolidated financial results on November 4, 2021, before markets open. A conference call is scheduled for the same day at 5:00 pm EDT, with toll-free access for U.S. and Canadian callers. The company's operating assets produced approximately 711,000 gold-equivalent ounces in 2020, emphasizing its focus on free cash flow. Investors can access the call via a webcast or through an audio replay for two weeks post-event.
SSR Mining announced positive results from 127 drill holes at the Seabee mine in Saskatchewan, Canada. The Gap Hanging Wall (GHW) has 300,000 ounces categorized as Indicated Mineral Resources, with another 167,000 ounces Inferred. Current drilling aims to convert these into Mineral Reserves by 2022. Notable intercepts include 19.16 g/t Au over 6.98 meters. The Santoy Hanging Wall (SHW) shows potential for mining viability, with intercepts like 16.31 g/t over 3.56 meters. The Joker target may extend mine operations beyond GHW and SHW, adding further value to SSRM.
SSR Mining Inc. (NASDAQ: SSRM) announced positive results from 194 diamond drill holes at the Ardich project, indicating significant gold mineralization potential. From 2020 to 2021, drilling confirmed extensions of mineralization, with notable gold intercepts such as 7.48 g/t Au over 40.7 meters. This builds on the preliminary economic analysis from November 2020, which estimated 1.23 million ounces of gold from Measured and Indicated resources with a net present value of $431M. SSR Mining targets a maiden Mineral Reserve declaration in 2022 and plans first gold production in 2023.
SSR Mining reported strong financial results for Q2 2021, achieving an adjusted EPS of $0.46 and $100 million in free cash flow. Total production reached 199,673 gold equivalent ounces with an all-in sustaining cost (AISC) of $961 per ounce. The company generated $148.6 million in cash from operating activities and declared a quarterly dividend of $0.05 per share, payable on September 13, 2021. SSR Mining's balance sheet remains robust, with cash reserves of $870.4 million and a focus on organic growth projects across Turkey, the US, and Canada.
SSR Mining Inc. (NASDAQ: SSRM) announced the sale of its Royalty Portfolio to EMX Royalty Corporation for US$100 million. The deal includes US$33 million in cash, US$33 million in EMX shares, and US$34 million in deferred payments tied to project milestones. This transaction enhances shareholder value and will lead to SSR Mining holding approximately 12% equity in EMX after closing, expected in Q4 2021. The Royalty Portfolio comprises 18 interests, including projects in Turkey and various stages across the Americas.
SSR Mining Inc. (NASDAQ: SSRM) has scheduled its second quarter 2021 consolidated financial results release for August 4, 2021, before markets open. A conference call will follow the release on the same day at 5:00 pm EDT, accessible via toll-free numbers or webcast. The company operates four producing gold assets across the USA, Turkey, Canada, and Argentina, which yielded approximately 711,000 gold-equivalent ounces in 2020. The results will inform investors of the company's ongoing financial performance.
SSR Mining Inc. (NASDAQ: SSRM) has announced an amendment to its undrawn revolving credit facility, increasing its size from US$75 million to US$200 million. This new facility features an upsized accordion option from US$25 million to US$100 million and extends the term to June 8, 2025. The facility will incur a variable interest rate based on the London Interbank Offered Rate plus a margin of 2.00% to 3.00%, depending on the company's net leverage ratio. This financing can be utilized for working capital, reclamation bonding, and other corporate purposes.
SSR Mining Inc. (NASDAQ: SSRM) announced the results of its 2021 Annual and Special Meeting of Shareholders held on May 21, 2021. All ten director nominees were elected, with voting percentages ranging from 90.01% to 99.86%. Additionally, shareholders approved the appointment of the auditor with 96.17% support, a non-binding advisory resolution on executive compensation with 96.04%, and the company's 2021 Share Compensation Plan, which received 73.89% approval. SSR Mining focuses on gold production with assets in multiple countries, producing approximately 711,000 gold-equivalent ounces in 2020.
SSR Mining reported strong first quarter results for 2021, achieving production of 196,094 gold equivalent ounces at an AISC of $1,004 per ounce. The company generated $145.2 million in cash flows from operating activities and $77 million in free cash flow. Attributable net income was $53 million ($0.24 per share), with adjusted attributable net income of $102.4 million ($0.47 per share). A quarterly cash dividend of $0.05 per share was declared, payable June 14, 2021, alongside a $150 million share buyback program.
SSR Mining Inc. (NASDAQ: SSRM) has announced the date for its first quarter 2021 consolidated financial results release and conference call. The news release will be available on May 6, 2021, before markets open. A conference call and webcast will take place the same day at 5:00 PM EST. Investors can join the call via toll-free numbers or through a webcast link provided. SSR Mining operates four assets in the USA, Turkey, Canada, and Argentina, producing approximately 711,000 gold-equivalent ounces in 2020.