Saturday, May 12, 2018

SSR Mining Inc. - SSRM.t

SSR Mining Inc. - SSRM.t Formerly Silver Standard Resources Inc. - SSO.t, owns the flagship Pirquitas mine in Argentina, one of the largest primary silver mines in the world.

The company produced 370,000 gold equivalent ounces in 2017.
On May 10, 2018 the company released Numbers

  • Solid financial performance: Produced 78,483 gold equivalent ounces at cash costs of $766 per payable ounce, generating operating cash flow of $11.0 million and adjusted attributable net income of $5.7 million or $0.05 per share.
     
  • Record quarterly throughput at the Seabee Gold Operation: Continued to successfully ramp up mill throughput, operating at an average of 1,036 tonnes per day during the quarter.
     
  • Low-cost production at the Seabee Gold Operation: Produced 23,717 ounces of gold at cash costs of $481 per payable ounce of gold sold, a record low cash cost since acquiring the operation in 2016.