Increase in production of SSR Mining in the 3rd quarter; Sees lower AISC for the year – Product Commentary

By Adriano Marchese

SSR Mining Inc. achieved strong production across its entire portfolio in the third quarter, supporting lower all-in sustaining cost projections, or AISC, for the year.

Manufacturing :

“Operational outperformance results in a reduction in AISC forecast: third quarter production of 186,941 ounces of gold equivalent at an AISC of $ 1,006 per ounce of gold equivalent,” the company said.

“Copler processed record tonnes at the sulphide plant: delivered gold production of 82,975 ounces in the third quarter, yielding an all-in sustaining cost of $ 714 per ounce, generating strong margins. The sulphide plant processed a record 613,000 metric tonnes during the quarter. “

“Marigold continues record movement of materials: delivered gold production of 52,049 ounces for the third quarter as the mine moved a record 25.4 million tonnes of material, due to shorter transport cycles and increased cargo fleet capacities, ”the company said.

On costs and advice:

“Year-to-date 583,316 ounces of gold equivalent production is on track with full-year forecasts, while AISC to date of $ 990 per ounce of gold equivalent continues to be lower than forecast for the full year. Based on this strong performance, the AISC forecast is reduced from $ 1,050 to $ 1,110 per ounce of gold equivalent to $ 1,000 to $ 1,040 per ounce of gold equivalent, ”said the society.

Write to Adriano Marchese at [email protected]

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