SSR Mining Inc (TSX:SSRM)

SSR Mining Inc (TSX: SSRM) is a preciously metal mining firm in the Americas.

SSR Mining and Alacer Gold Corp merged in September 2020 under an equal merger transaction.

The mining firm owns gold development and exploration projects in Turkey, the United States, Canada, and Argentina. The company claims to be producing high-grade gold and according to its latest updates, it has produced more than 720,000 gold ounces and 7.7 million silver ounces in 2019.

Its portfolio of producing mines includes:

Çöpler mine in Turkey

A production stage project with 80 per cent ownership interest. The project covers around 27,000 hectares of land. It is an open pit mining property.

Marigold mine in Nevada, the United States

A production stage project with complete ownership. It is also an open pit mine covering around 20,000 hectares of land.
Seabee mine in Saskatchewan, Canada

It is a production stage wholly owned project of SSR Mining covering a land area of around 60,000 hectares. The processing activities along this property include gravity concentration and cyanide leaching. The underground mine is a joint venture partnership on Fisher property, wherein SSRM having 80 per cent operational ownership rights.

Puna mine in Argentina

SSR Mining is a projection stage project in Argentina’s Jujuy province covered a land area of around 10,000 hectares. The processing activities along the open-pit mining property consists of flotation mining methods. Other activities include underground mining, project construction, pressure oxidation and heap leach.

The exploration and mining firm claims to have an efficient cash flow generation and provides superior returns to its investors. The exploration company is listed on NASDAQ Capital markets and Toronto Stock Exchange under the symbol ‘SSRM’ and on Australian Stock Exchange under the symbol ‘SSR’.

SSR Mining’s development projects include
• Gegiktepe NSR in Turkey
• San Luis in Peru
• Pitarrilla in Mexico

The exploration projects of the company include Canada Exploration project and the Turkey exploration project. The Çöpler mine, Marigold mine and the Seabee mine are its gold producing mines.

Pitarrilla and San Luis mines are the two greenfield projects of SSR Mining. Apart from these core operations, the company also owns four public company equity interests and 18 royalty interests.

The Canadian company claims to operate under sustainable business principles.