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.
“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]