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 (SSRM) held its 2025 Annual Meeting of Shareholders on May 8, 2025, where all nine director nominees were successfully elected to the board. The highest approval rate was received by Laura Mullen at 91.86%, while Thomas R. Bates, Jr. received the lowest support at 63.43%.
Shareholders also voted on two additional resolutions: The advisory vote on executive compensation passed with 60.35% approval, showing significant opposition at 39.45%. Additionally, PricewaterhouseCoopers LLP was appointed as the company's independent auditor for FY2025 with overwhelming support of 99.83%.
SSR Mining (NASDAQ/TSX: SSRM) reported its Q1 2025 financial results with production of 103,805 gold equivalent ounces at cost of sales of $1,312 per payable ounce and AISC of $1,972. The company reported net income of $58.8 million ($0.28 per diluted share) and generated $84.8 million in operating cash flow. The quarter included the integration of Cripple Creek & Victor (CC&V) mine following its acquisition closure on February 28, 2025. SSR Mining maintained a strong liquidity position with $319.6 million in cash and total liquidity of $819.6 million. The company reaffirmed its 2025 production guidance of 410,000 to 480,000 gold equivalent ounces. The Çöpler mine remains suspended with ongoing remediation efforts, while development continues at Hod Maden with $12.2 million spent in Q1.
SSR Mining (Nasdaq/TSX: SSRM) has scheduled the release of its first quarter 2025 consolidated financial results for Tuesday, May 6, 2025, after markets close. The company will host a conference call and webcast on the same day at 5:00 pm EDT.
Investors can join the conference call through:
- Toll-free (U.S. and Canada): +1 (833) 752-3757
- All other callers: +1 (647) 846-8744
An audio replay will be available for two weeks following the call. Additionally, the company announced its Annual Meeting of Shareholders will be held virtually on May 8, 2025, at 12:00 pm EDT.
SSR Mining (SSRM) has announced its 2025 production guidance, projecting 410,000 to 480,000 gold equivalent ounces from its Marigold, CC&V, Seabee, and Puna operations, representing a >10% year-over-year increase. This guidance excludes potential contributions from the Çöpler mine, currently under care & maintenance.
The company completed the acquisition of CC&V on February 28, 2025, which hosts 2.4 million ounces of gold reserves, an 85% increase from the previous year. The consolidated cost of sales is expected to be $1,375-$1,435 per payable ounce, with AISC of $2,090-$2,150 per payable ounce.
At Hod Maden, development continues with planned project capital of $60-100 million for 2025, focusing on site establishment and access infrastructure. The company maintains its estimate of $250-300 million for Çöpler remediation costs, with quarterly care & maintenance costs of $35-40 million until operations resume.
SSR Mining (SSRM) has completed the acquisition of the Cripple Creek & Victor (CC&V) gold mine from Newmont for an initial cash payment of $100 million, with potential additional milestone-based payments of up to $175 million. The transaction closed on February 28, 2025, positioning SSR Mining as the third largest gold producer in the USA.
CC&V's gold Mineral Reserves increased significantly to 2.4 million ounces as of December 31, 2024, up 85% from 1.3 million ounces in 2023. The mine also reports 0.8 million ounces of Measured and Indicated Resources and 0.9 million ounces of Inferred Resources. Production and free cash flow from CC&V will be attributable to SSR Mining starting March 1, 2025, with full-year 2025 guidance expected by the end of Q1.
SSR Mining (SSRM) has announced its voluntary delisting from the Australian Securities Exchange (ASX), effective April 8, 2025. The company's CHESS depositary interests (CDIs) will cease trading on ASX on April 4, 2025. The decision comes as CDI holdings represent only 1.74% of total shares, with low trading volumes compared to Nasdaq and TSX.
The company will continue trading on Nasdaq and Toronto Stock Exchange under 'SSRM'. CDI holders have several options: convert CDIs to shares (1:1 ratio) for trading on TSX/Nasdaq until June 17, 2025, sell CDIs on ASX before suspension, participate in a Voluntary Sale Facility, or have shares sold through a Compulsory Sale Process. The company will cover all brokerage and related costs for both sale facilities.
SSR Mining (SSRM) reported Q4 and full-year 2024 results, with Q4 production of 124,154 gold equivalent ounces at cost of sales of $1,295/oz and AISC of $1,857/oz. Full-year 2024 production reached 399,267 gold equivalent ounces at cost of sales of $1,307/oz and AISC of $1,878/oz.
Q4 net income was $5.6M ($0.03/share), while full-year showed a net loss of $261.3M (-$1.29/share), impacted by $272.9M in reclamation costs, $114.2M in impairment charges, and $108.7M in care & maintenance costs related to the Çöpler incident. The company ended 2024 with $387.9M in cash and total liquidity of $887.5M.
Notable achievements include Marigold reaching 5 million ounces of life-of-mine gold production and record silver production at Puna. The company also announced the acquisition of Cripple Creek & Victor Gold Mine for $100M upfront plus potential milestone payments of $175M.
SSR Mining (Nasdaq/TSX: SSRM, ASX: SSR) announced the appointment of Laura Mullen to its Board of Directors, effective February 15, 2025. Simultaneously, Leigh Ann Fisher resigned from the Board for personal reasons. Mullen brings nearly 40 years of experience from KPMG's audit practice and currently serves as a Director and Audit Committee Chair at Granite Construction. She will join SSR Mining's Audit Committee.
Mullen, a certified public accountant in California and member of the American Institute of Certified Public Accountants, holds a Bachelor of Science in business administration from California State University, Long Beach. Fisher, who joined the Board in 2022, served on both the Audit and Compensation & Leadership Development Committees during her tenure.