SSR Mining (SSRM.TO) traded 1.1% higher at last look Monday in Nasdaq pre-market trading as the company provided its 2025 operating guidance.
The miner expects a 10% increase in 2025 gold equivalent production to a range of 410,000 to 480,000 ounces.
SSR said the addition of the CC&V mine in Colorado in its portfolio drove the expected production increase. On Feb. 28, the company closed the purchase of the mine from Newmont (NGT.TO). As of Dec. 31, 2024, the mine hosted 2.4 million ounces of gold, an 85% increase.
"We entered 2025 with positive momentum," said Rod Antal, executive chairman of SSR. "Our Americas assets, recently bolstered by the acquisition of CC&V, are well positioned for significant production growth and strong cash flows in 2025."
Exclusive of care and maintenance costs at the Copler mine in Turkey, SSR expects its 2025 consolidated all-in sustaining costs to reach US$1,890 to US$1,950 per payable ounce.
SSR said technical work and initial development activities have continued at the Hod Maden project in Turkey, planning to spend US$60 to US$100 million in project development capital for 2025.
"We see attractive and low capital intensity opportunities to potentially extend the mine lives at each of these assets going forward and will continue to progress technical work through the year," Antal said.
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