Slide 1: Q2 2017 Conference Call
Q2 2017 CONFERENCE CALL August 10, 2017
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “f
Slide 3: SSR Mining Inc.
SSR Mining Inc. SSRM:NASDAQ/TSX PAGE 3
Slide 4: Delivering Scale and Margin
Delivering Scale and Margin Strong operating performance with over 100,000oz AuEq production Improved guidance at all operations Increased cash to $354 million Formed Puna Operations JV Extends operating life by eight years Evaluating Pirquitas underground Commencing greenfields explor
Slide 5: Marigold Mine: Q2 2017 Results
Marigold Mine: Q2 2017 Results Produced 55,558 oz of gold Reported cash costs of $632/oz Increased tonnes mined and stacked quarter-on-quarter Improved cash costs guidance On track to meet production guidance Note: Cash costs is a non-GAAP financial measure. Please see "Cautionary Note Reg
Slide 6: Seabee Gold Operation: Q2 2017 Results
Seabee Gold Operation: Q2 2017 Results Produced 20,690 oz of gold Reported cash costs of $592/oz Achieved record average mill rate of 1,049 tonnes per day in June Improved production guidance On track to meet cash costs guidance Note: Cash costs is a non-GAAP financial measure. Please see
Slide 7: Puna Operations: Q2 2017 Results
Puna Operations: Q2 2017 Results Seven months of excellent safety performance with zero recordable incidents Produced 1.9 million oz of silver Reported cash costs of $12.15/oz Improved production and cash costs guidance Achieved higher than expected mill feed grades and production Operat
Slide 8: Exploration Success in Q2 2017
Exploration Success in Q2 2017 Drilling at Marigold is expected to replace Mineral Reserves and expand the resource base Underground drilling at Santoy extending mineralization near infrastructure Commence drilling at the Fisher project, adjacent to the Seabee Gold Operation, in Q3 2017 Init
Slide 9: Selected Financial Results
Selected Financial Results Units Q2 2017 Q1 2017 Q2 2016 Gold Sales oz 75,335 74,939 58,430 Total Silver Sales Moz 1.7 1.4 2.6 Total Gold Equivalent Sales oz 98,018 95,460 89,103 Gold Equivalent Production oz 102,930 97,851 86,956 Revenue $M $117.0 $117.9 $118.8 Income from Mine Operations $M $29.5
Slide 10: Financial Strength and Cash Growth
Financial Strength and Cash Growth Units Q2 2017 Q1 2017 Cash $M $353.5 $340.6 Marketable Securities $M $174.6 $190.6 Total Assets $M $1,514.6 $1,484.2 Current Liabilities $M $78.0 $80.8 Working Capital $M $677.8 $688.2 SSRM:NASDAQ/TSX PAGE 10
Slide 11: Improved 2017 Guidance
Improved 2017 Guidance Marigold Seabee Puna (100%) SSR Mining Gold Gold Silver Gold Equivalent Production 205K – 215K oz 75K – 85K oz 5.0M – 6.0M oz 350K – 380K oz (previous: 72K – 82K oz) (previous: 4.5M – 5.5M oz) (previous: 340K – 370K oz) $12.50/oz – Cash Costs $640/oz – $670/oz $575/oz – $625/o
Slide 12: Creating Value and Growth
Creating Value and Growth Delivered strong operating results Generated free cash flow for seventh consecutive quarter Strong balance sheet for continued internal and external growth Formed the Puna Operations joint venture to extend operating life SSRM:NASDAQ/TSX PAGE 12
Slide 13: H2 2017 Growth Catalysts
H2 2017 Growth Catalysts Seabee 5-year outlook Investor day (September 12) Seabee mine tour (September 20/21) Exploration update Pirquitas underground update SSRM:NASDAQ/TSX PAGE 13
Slide 14: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com Toll-free: +1 888.338.0046 Telephone: +1 604.689.3846 Email: invest@ssrmining.com