SSR MINING (SSRM) Company Report

SSR Mining announced an initial 12-year life of mine plan for its Cripple Creek & Victor Gold Mine (CC&V), with an after-tax NPV 5% of $824 million at consensus gold prices averaging $3,240 per ounce, as detailed in a Technical Report Summary (TRS) with an effective date of July 1, 2025.
The CC&V mine is projected to have average annual gold production of 141,000 ounces and average annual after-tax free cash flow of $128 million over the three-year period from 2026 to 2028.
The acquisition of CC&V, which closed on February 28, 2025, has an implied after-tax transaction Internal Rate of Return (IRR) in excess of 100%.
As of July 1, 2025, CC&V holds 2.8 million ounces of gold Mineral Reserves, with additional Measured & Indicated Mineral Resources of 4.8 million ounces and Inferred Mineral Resources of 2.0 million ounces.

Nov 12, 2025, 2:02 PM

8-K

SSR Mining Announces 12-Year Expansion Plan for Cripple Creek & Victor Gold Mine

SSRM

New Projects/Investments

Guidance Update

M&A

SSR Mining has announced a 12-year life of mine plan for its Cripple Creek & Victor Gold Mine, projecting an $824 million Net Present Value (NPV) at current gold prices and an average annual production of 141,000 ounces from 2026 to 2028.
The mine's mineral reserves have increased to approximately 2.8 million ounces, extending the total projected lifespan to about 26 years, with Measured & Indicated Mineral Resources totaling nearly 4.8 million ounces.
The $275 million acquisition of CC&V has already seen its $100 million upfront cost repaid through after-tax free cash flow, with an internal rate of return (IRR) projected to exceed 100%.
At a higher gold price of $4,000 an ounce, the NPV could nearly double to $1.5 billion, highlighting significant upside potential.
Average cash costs during peak production years (2026-2028) are estimated at $1,800 per ounce, while all-in sustaining costs are expected to be $2,051 per ounce.

Nov 11, 2025, 4:38 AM

Morningstar

SSR Mining Announces 12-Year Life of Mine Plan for CC&V Gold Mine

SSRM

New Projects/Investments

Guidance Update

M&A

SSR Mining announced an initial 12-year life of mine plan for its Cripple Creek & Victor Gold Mine (CC&V), with an after-tax NPV5% of $824 million at consensus gold prices.
The plan projects average annual gold production of 141,000 ounces and average annual after-tax free cash flow of $128 million over the three-year period from 2026 to 2028.
The CC&V acquisition has an implied after-tax transaction Internal Rate of Return (IRR) in excess of 100%.
The mine holds 2.8 million ounces of gold Mineral Reserves, with additional Measured & Indicated Mineral Resources of 4.8 million ounces and Inferred Mineral Resources of 2.0 million ounces, indicating potential for future growth.

Nov 11, 2025, 12:45 AM

Press Release

SSR Mining Reports Q3 2025 Financial and Operational Results

SSRM

Earnings

Guidance Update

New Projects/Investments

SSR Mining reported Q3 2025 production of 103,000 gold equivalent ounces at an all-in sustaining cost (AISC) of $2,359 per ounce.
The company expects to close the year in the lower half of its full-year production guidance (410,000-480,000 gold equivalent ounces) and at the high end of its annual AISC guidance.
For Q3 2025, net income attributable to shareholders was $65.4 million ($0.31 per diluted share), with adjusted net income at $68.4 million ($0.32 per diluted share).
SSR Mining maintains a strong financial position, ending Q3 2025 with $409 million in cash and over $900 million in total liquidity.
Key project advancements include $44 million spent year-to-date on Hod Maden (on track for $60-$100 million full-year guidance) and upcoming technical reports for Hod Maden and Cripple Creek and Victor, while efforts continue for a restart at Çöpler.

Nov 4, 2025, 10:00 PM

Transcript

SSR Mining Reports Q3 2025 Financial Results and Updates Full-Year Guidance

SSRM

Earnings

Guidance Update

New Projects/Investments

For Q3 2025, SSR Mining reported net income of $65.4 million, or $0.31 per diluted share, and adjusted net income of $68.4 million, or $0.32 per diluted share.
The company produced 103,000 gold equivalent ounces at an all-in sustaining cost (AISC) of $2,359 per ounce in Q3 2025.
Full-year 2025 production is tracking towards the lower half of the 410,000-480,000 gold equivalent ounces guidance range, and full-year AISC is trending towards the high end of annual guidance.
SSR Mining maintained a strong financial position with $409 million in cash and over $900 million in total liquidity at the end of Q3 2025.
Progress continues on key projects, including $44 million spent year-to-date on Hod Maden, with a technical report update and construction decision expected in the coming months, and ongoing efforts for the Çöpler mine restart.

Nov 4, 2025, 10:00 PM

Transcript

SSR Mining Reports Q3 2025 Financial Results and Updates Full-Year Guidance

SSRM

Earnings

Guidance Update

New Projects/Investments

SSR Mining reported Q3 2025 net income of $65.4 million (or $0.31 per diluted share) and adjusted net income of $68.4 million (or $0.32 per diluted share), generating $72 million of free cash flow before working capital adjustments.
The company produced 103,000 gold equivalent ounces in Q3 2025 at an all-in sustaining cost (AISC) of $2,359 per ounce.
For the full year, production is tracking towards the lower half of the 410,000-480,000 gold equivalent ounces guidance range, and AISC is trending towards the high end of annual guidance. A stronger Q4 2025 is expected, primarily driven by performance at Marigold and Cripple Creek & Victor.
SSR Mining ended the quarter with a strong financial position, holding $409 million in cash and over $900 million in total liquidity.
The company continues to advance key projects, including a $44 million year-to-date investment in Hod Maden, with a technical report update and construction decision anticipated in the coming months. A technical report for Cripple Creek and Victor is also expected in Q4, which will showcase a 10-plus year mine life. Efforts are ongoing for the restart of the Çöpler mine.

Nov 4, 2025, 10:00 PM

Transcript

SSR Mining Reports Q3 2025 Results with Updated Production and Cost Guidance

SSRM

Earnings

Guidance Update

New Projects/Investments

For the third quarter of 2025, SSR Mining reported net income attributable to shareholders of $65.4 million (or $0.31 per diluted share) and adjusted net income of $68.4 million (or $0.32 per diluted share), on revenue of $385.8 million.
The company produced 102,673 gold equivalent ounces in Q3 2025 at an All-In Sustaining Cost (AISC) of $2,359 per payable ounce. Full-year 2025 production is now expected in the lower half of the 410,000 to 480,000 gold equivalent ounce guidance range, and consolidated costs are trending towards the upper end of guidance.
As of September 30, 2025, SSR Mining held $409.3 million in cash and cash equivalents and $909.3 million in total liquidity. The Hod Maden project saw $17.1 million in spending during Q3 2025, with a full-year development capital spend of $60 to $100 million anticipated, while operations at the Çöpler mine remain suspended with no estimated restart date.

Nov 4, 2025, 9:16 PM

8-K

SSR Mining Reports Third Quarter 2025 Results

SSRM

Earnings

Guidance Update

New Projects/Investments

For the third quarter ended September 30, 2025, SSR Mining reported net income attributable to shareholders of $65.4 million, or $0.31 per diluted share, and adjusted net income of $68.4 million, or $0.32 per diluted share.
Third quarter 2025 production was 102,673 gold equivalent ounces at cost of sales of $1,585 per payable ounce and all-in sustaining costs (AISC) of $2,359 per payable ounce.
The company expects full-year 2025 production in the lower half of its 410,000 to 480,000 gold equivalent ounce guidance range and is trending towards the upper end of its consolidated cost guidance ranges.
As of September 30, 2025, SSR Mining had a cash and cash equivalent balance of $409.3 million and total liquidity of $909.3 million. Operations at the Çöpler mine remain suspended, with the company unable to estimate when and under what conditions operations will resume.