Strong Free Cash Flow Generation
SSR Mining reported consolidated free cash flow of nearly $100 million for the quarter, highlighting the strength of their Americas platform.
Successful Integration of Cripple Creek and Victor
The Cripple Creek and Victor segment generated $85 million in free cash flow since its acquisition, effectively paying back the initial investment in just four months.
Extension of Puna Mine Life
The Puna mine life was extended by an initial 3-year period through to 2028, further stabilizing long-term operations.
Improved Production Metrics
Overall production for the quarter was 120,000 gold equivalent ounces, a 15% improvement over Q1, driven by the first full quarter of production from Cripple Creek and Victor.
Robust Liquidity Position
SSR Mining maintains a strong liquidity position of over $900 million, supporting capital requirements and ongoing operations.