News

SSR Mining Marks 5 Million Ounces of Gold Production at Marigold

SSR Mining Marks 5 Million Ounces of Gold Production at Marigold

SSR Mining Achieves Milestone in Gold Production

SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) is excited to share the remarkable achievement of reaching 5 million ounces of gold production at the Marigold Mine. Operating for over 35 years, the mine has been a beacon of sustainability and productivity, producing over 2 million ounces of gold since the company's acquisition in 2014. Notably, 2023 marked a stellar year with record-breaking gold production hitting 278,000 ounces.

Commitment to Excellence

Rod Antal, the Executive Chairman of SSR Mining, expressed immense pride in the Marigold team. He stated, “Producing five million ounces of gold over 35 years of continuous operations is a testament to the quality of the Marigold mine and its dedicated team.” This milestone underscores the ongoing commitment to operational excellence and mining safety.

Gold Reserves and Future Plans

As of the end of 2023, Marigold continues to boast nearly 3 million ounces of Mineral Reserves. This promising figure supports the mine's operation for at least nine more years, further adding to the excitement surrounding its future. SSR Mining has earmarked approximately $10 million for growth expenditures in 2024 as part of its strategy to extend the mine's operational life, including initiatives at the Buffalo Valley project.

About SSR Mining

SSR Mining is a company that prides itself on its sustainable mining practices and commitment to community engagement. With its stock trading under the ticker symbol SSRM on NASDAQ and TSX, as well as SSR on ASX, the company's presence is strong in the market. The commitment to ethical mining reflects in their exploration and production methodologies, aiming for a balance between profitability and environmental stewardship.

Future Vision

The management is optimistic about the Marigold Mine's future, envisioning many more successful years ahead. As they continue to refine their approach and invest in advanced technologies, SSR Mining is poised for growth and efficiency in their operations.

Frequently Asked Questions

What milestone has SSR Mining achieved at Marigold Mine?

The company has achieved 5 million ounces of gold production at the Marigold Mine, marking a significant milestone in its operational history.

How long has the Marigold Mine been in operation?

The Marigold Mine has been continuously operating for over 35 years, signifying its long-standing presence in the mining industry.

What were the production numbers for 2023?

In 2023, Marigold Mine produced a record 278,000 ounces of gold, demonstrating impressive operational capability.

What are the future plans for the Marigold Mine?

SSR Mining has allocated around $10 million for growth expenditures in 2024 to extend the life of the Marigold Mine, focusing on projects like Buffalo Valley.

What does SSR Mining's stock represent?

SSR Mining trades under the ticker symbol SSRM on NASDAQ and TSX, and SSR on ASX, representing its commitment to transparency and accountability in the mining sector.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Nanoscope Therapeutics Aims for Eye-Catching Advances

Updated Category News Views 177

Gearing Up for a Boston Showcase Nanoscope's High-Stakes Boston Rendezvous In a move set to grab some serious eyeballs, Nanoscope Therapeutics is geared up to strut their stuff at Advanced Therapies USA 2026 in Boston. Scheduled for November 4–5 at the Hynes Convention Center, the event isn't just another pitstop—it's a billboard for what these guys have cooking. With...

Continue Reading
Lawsuit Hits San Ramon Medical: Wages, Breaks in Dispute

Updated Category News Views 73

Legal Storm Unleashes on San Ramon Regional In the world of legal entanglements, San Ramon Regional Medical Center found itself on the receiving end of the latest workforce fuss. Allegations flying from a class action lawsuit claim the center's brass didn't hold up their end of the California Labor Code, particularly in providing legit meal breaks and rest periods. Now,...

Continue Reading
Okta Joins S&P 500 Amidst Major Index Shuffles

Updated Category News Views 196

Okta Leaps to S&P 500: A Power Play You blink for a second, and boom, Okta's sitting at the big kids' table—the S&P 500. You know how rare that move is? It’s like snagging an invite to the party everyone wants to attend. Swapping out Kenvue Inc. (NYSE: KVUE), which Kimberly-Clark (NASD: KMB) is scooping up, Okta's maneuver signifies a hefty endorsement of its growth...

Continue Reading
Aurora Innovation Faces Supply Chain Hurdles & Legal Scrutiny

Updated Category News Views 88

Aurora's Rough Road: Production Delays Unveiled You could almost hear the collective groan from investors when Aurora Innovation dropped the bombshell about its truck production delays. You know, after the cheery faces at the Q3 financial results reveal gave way to a rather grim reality check—driverless trucking ain't rolling out quite as planned thanks to those pesky...

Continue Reading
Main Street Merger Faces Scrutiny: What It Means for Shareholders

Updated Category News Views 51

Under the Radar, but Not for Long Ah, mergers—those grand gestures in corporate America that promise growth, synergy, and shareholder value. But not every deal is a head-turner; some fly under the radar until someone grabs the magnifying glass. And that's exactly what's happening with Main Street Financial Services Corp.'s (OTC: MSWV) proposed merger with First...

Continue Reading
Everest Group Faces Class Action: Key Deadlines Looming

Updated Category News Views 79

Everest Group's Legal Quagmire: A Rocky Road Ahead Riding high has its pitfalls. I mean just take a gander at Everest Group, Ltd. (NYSE: EG). The suits and stocks got their knickers in a twist when the company's missteps saw them landing smack dab in the middle of a shareholder class-action lawsuit. It's gloomy days, my friend, especially if you're carrying a portfolio...

Continue Reading
SCANOLOGY's AirGO Pad Revolutionizes On-Site Inspections

Updated Category News Views 118

Mobile 3D Scanning — Finally, Some Real Innovation Gone are the days where engineers had to cart around bulky laptops just to finish a simple inspection. SCANOLOGY has thrown a real game-changer into the mix with their new AirGO Pad. It's essentially a slick tablet that keeps your scanning, inspecting, and reporting all in one place, right beside whatever tangled hunk...

Continue Reading
Texas Home Boasts PGA-Caliber Green with Synthetic Turf

Updated Category News Views 68

Swinging for Luxury in Your Backyard Who'd have thought that a chunk of Austin, Texas, could boast a putting green that’s giving any PGA course a run for its money? We’re talking about a family here who decided they’d had enough of scalding summers and winter chills and wanted a taste of that country club glam at home without the upkeep headaches. The Rise of...

Continue Reading
CMRE Facing Legal Heat Over Wage Allegations

Updated Category News Views 33

Another Day, Another Lawsuit Ah, work. It’s what gets us up in the morning, whether we like it or not. Yet, for many, it can feel more like a dubious hustle when the rewards don't match the effort. Now, CMRE Financial Services, Inc. finds itself under the legal microscope, thanks to a fresh class-action lawsuit filed by the legal eagles at Blumenthal Nordrehaug Bhowmik...

Continue Reading
Karma Automotive Debuts High-Stakes Eximius Program

Updated Category News Views 74

Breaking Ground with Bespoke Engineering Fancy seeing a car more unique than a snowflake, eh? Well, Karma Automotive is upending the luxury vehicle market with the launch of the Eximius program. Catering to the whims of the elite who aren’t just satisfied with a plethora of options, this is a game for those who crave a motorized extension of their ego and address book....

Continue Reading

Top 5 Most Recently Viewed Articles

Investing Insights: Analyzing Entergy's Stock Trends

Updated Category News Views 222

Understanding Entergy's Short Interest Dynamics Entergy Corporation (NYSE: ETR) is making headlines with a notable change in its short interest. Recently reported figures indicate that short interest has decreased by 7.96%, now standing at approximately 6.98 million shares sold short. This accounts for 1.85% of all regular shares available for trading. Given the current...

Continue Reading
CoinShares Reports Strong Q1 2025 Performance Amid Market Challenges

Updated Category News Views 161

CoinShares Reports Strong Q1 2025 Performance Amid Market Challenges CoinShares International Limited (Nasdaq Stockholm: CS; USOTCQX: CNSRF), a leading global investment firm in digital assets, has unveiled its impressive results for the first quarter of 2025. Despite the volatility in digital asset prices, CoinShares has shown remarkable operational endurance and...

Continue Reading
Porsche's Unmatched Customer Loyalty Recognition in the Industry

Updated Category News Views 272

Porsche's Customer Loyalty Achievement Porsche has recently been recognized for the fourth consecutive year as the leader among luxury car owners in the prestigious J.D. Power U.S. Automotive Brand Loyalty Study. This study focuses on the loyalty of vehicle owners and whether they choose to purchase a new vehicle from the same brand after trading in their previous car....

Continue Reading
Siili Solutions Plc: Recent Holdings Notification Update

Updated Category News Views 119

Important Update on Shareholder Holdings from Siili Solutions Plc Siili Solutions Plc has recently shared significant updates regarding its shareholders, in accordance with the Finnish Securities Market Act. This announcement highlights changes in the ownership stakes of a major institutional investor. Date of Announcement and Context On 2 September 2024, the company...

Continue Reading
Tyra Biosciences Achieves Key Preclinical Results, Analysts Upgrades

Updated Category News Views 167

Tyra Biosciences Receives Analyst Upgrade BofA Securities has recently upgraded Tyra Biosciences (NASDAQ: TYRA), a clinical-stage biotechnology firm specializing in the creation of next-generation precision medicines. This upgrade highlights investor optimism as the company demonstrates promising results in its drug development process. Focus on Precision Medicine in...

Continue Reading