other material
confidence high
sentiment positive
materiality 0.90
SSR Mining issues multi-year guidance targeting ~800k oz by 2027, AISC ~$1,300/oz
SSR MINING INC.
- 2023 production 706,894 gold eq oz (AISC $1,461/oz); Q4: 211,226 oz (AISC $1,326/oz).
- Guidance: production approaching 800k oz by 2027 (10% CAGR); AISC trending to ~$1,300/oz; positive FCF expected in 2024.
- Copler TRS: NAV $1.64B; avg annual prod 281k oz at AISC $1,003/oz over 15 yrs; grind-leach circuit capex $194M.
- Marigold TRS: NAV $800M; avg annual prod 212k oz at AISC $1,213/oz over 9 yrs; production to exceed 300k oz by 2029.
- Non-cash impact of $349M from removal of C2 resources at Copler; Cakmaktepe reserves up 75% to 3M oz gold.