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 announced a significant milestone at its Marigold mine, achieving the production of its four millionth ounce of gold as of June 30, 2020. The mine has been operational for over 30 years and set a production record of 220,227 ounces in 2019. CEO Paul Benson highlighted the mine's consistent replacement of Mineral Reserves and Resources, indicating a longer mine life. The company is increasing its 2020 exploration budget by $2 million to $14 million to enhance drilling at Trenton Canyon, aiming to improve Mineral Resources further.
SSR Mining (NASDAQ: SSRM) and Alacer Gold (TSX: ASR) announced that the Australian Securities Exchange has granted conditional approval for SSR Mining to be included on the ASX as part of their merger of equals. This approval is contingent on shareholder votes at meetings on July 10, 2020, and final court approval. Following these approvals, Alacer CDIs will be suspended for about two trading days, and SSR Mining CDIs will trade on a deferred settlement basis for four to five days after the arrangement closes. Shareholders are urged to vote by July 6, 2020.