other material
confidence high
sentiment positive
materiality 0.80
SSR Mining reports Hod Maden TRS: $1.66B NPV 5%, 39% IRR at consensus prices
SSR MINING INC.
- After-tax NPV 5% of $1.66B and IRR of 39% at consensus gold ($3,167/oz) and copper ($4.52/lb).
- Total remaining development capex $910M; SSR Mining's attributable spend (capital + earn-in) ~$469M.
- Life-of-mine production: 1.6M oz gold, 209M lbs copper; avg cost of sales $1,120/oz, by-product AISC $590/oz.
- Annual avg after-tax operating cash flow $343M and free cash flow $328M at consensus prices.
- At spot prices ($4,900/oz gold, $5.75/lb copper), NPV 5% rises to $2.91B and IRR to 58%.