Ssr Mining Inc. (NASDAQ: SSRM)

SSR Mining Inc. is a precious metals mining company engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Türkiye and the Americas. The company produces gold doré as well as copper, silver, lead and zinc concentrates from its mine sites. Its common shares are listed on the Toronto Stock Exchange and the Nasdaq Global Select Market under the ticker SSRM.

SSR Mining Inc. generates revenue primarily from the sale of gold doré produced at its Marigold, CC&V, Seabee and, when operational, Çöpler mines, which is sold to banks and, for Çöpler output, to the Central Bank of Türkiye. The Puna mine yields silver, lead and zinc concentrates that are sold to smelters and traders for further refining. Revenue is also derived from minor copper sales and adjustments to the fair value of concentrate trade receivables.

The company operates through the following segments:

• Çöpler: This segment extracts gold doré from the heap leach and sulfide plant at the Çöpler property in Türkiye, although operations were suspended following the 2024 heap leach incident and remain pending regulatory approval for resumption.

• Marigold: Located in Nevada, this segment produces gold doré that is sold principally to banks in North America.

• CC&V: The Crippler Creek & Victor operation in Colorado yields gold doré sold mainly to banking counterparties.

• Seabee: Situated in Saskatchewan, Canada, this segment generates gold doré that is sold primarily to Canadian banks.

• Puna: Based in Jujuy Province, Argentina, this segment produces silver, lead and zinc concentrates that are sold to smelters and traders in Asia and Europe.

SSR Mining Inc. holds a mid‑tier position among precious metals producers, competing with larger peers for access to high‑quality mineral properties, technical expertise, labor and capital. Its competitive advantages include a geographically diverse asset base, a focus on low‑cost operations and a track record of extending mine lives through exploration and development.

The company’s customer base includes major financial institutions such as the Canadian Imperial Bank of Commerce, the Royal Bank of Canada and the National Bank of Canada, which purchase gold doré. The Central Bank of Türkiye buys doré from the Çöpler mine when it is operating. Silver, lead and zinc concentrates from the Puna mine are sold to trading houses like Trafigura Trading LLC and to various smelters across Asia and Europe.