Slide 1: Second Quarter 2024 Financial Results
Second Quarter 2024 Financial Results July 2024
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Information and Statements Except for statements of historical fact relating to us, certain statements contained in this presentation (including information incorporated by reference herein) constitute forward-looking information, future ori
Slide 3: Çöpler Incident Update
Çöpler Incident Update As of July 31, 2024 • All nine of our colleagues lost as a result of the February 13, 2024 Incident have now been recovered • More than 13 million tonnes, or approximately 70%, of the displaced heap leach material at Çöpler RECOVERY, have been moved into temporary storage loca
Slide 4: 2024 Second Quarter Results
2024 Second Quarter Results Second Quarter Operating Summary (1) ▪ Consolidated production was 76.1 k GEOs at cost of sales of $1,357/oz and AISC of $2,116/oz ▪ At Marigold, production was 25.7 koz gold at cost of sales of $1,542 /oz and AISC of $2,065/oz ▪ At Seabee, production was 16.7 koz gold at
Slide 5: 2024 Second Quarter Financial Results
2024 Second Quarter Financial Results Financial & Operating Performance (1) Balance Sheet & Liquidity (1) Q2 YTD Q2 YTD Jun 30, 2024 Dec 31, 2023 2024 2024 2023 2023 Gold Equivalent Production oz 76,102 177,691 156,625 303,518 Cash and Cash Equivalents $M $358.3 $492.4 Gold Sales oz 40,470 129,749 1
Slide 6: Operations
Operations
Slide 7: Marigold: Large-Scale Open Pit in Nevada
Marigold: Large-Scale Open Pit in Nevada Quarterly Commentary (1) ▪ Production of 25.7 koz gold at cost of sales of $1,542/oz and AISC of $2,065/oz ▪ Focus on waste stripping at Red Dot in 2024, particularly in first half of year, with strongest production expected in Q4 2024 as previously guided •R
Slide 8: Seabee: High-Grade Underground in Canada
Location: Saskatchewan, Canada Mining: Underground Seabee: High-Grade Underground in Canada Processing: Gravity concentration, CIP Land: ~74,000 ha (1) Ownership: 100% Quarterly Commentary ▪ Production of 16.7 koz gold at cost of sales of $1,150/oz and AISC of $1,626/oz ▪ Purchases associated with t
Slide 9: Puna: Large Open-Pit Silver Producer
Puna: Large Open-Pit Silver Producer Chinchillas Pit Quarterly Commentary (1) • ▪ Production of 2.7 Moz silver at cost of sales of $16.10/oz and AISC of $15.19/oz ▪ Quarterly process plant throughput averaged over 5,150 tonnes per day, a record for the mine; production is expected to be up to 55% we
Slide 10: Endnotes & Non-GAAP Reconciliation
Endnotes & Non-GAAP Reconciliation 1) Detailed disclosure related to the February 13, 2024 incident at the Çöpler mine (the “Çöpler Incident” or the “Incident”) was included in the Annual Report on Form 10-K for the year ended December 31, 2023 filed on February 27, 2024, the Company’s Quarterly Rep
Slide 11: Non-GAAP Reconciliation
Non-GAAP Reconciliation Adjusted Attributable Net Income per Share Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share) 2024 2023 2024 2023 Net income (loss) attributable to SSR Mining shareholders (GAAP) $9,693 $74,866 ($277,389) $104,679 Interest saving on convert
Slide 12: Non-GAAP Reconciliation: Cash Costs and AISC
Non-GAAP Reconciliation Cash Costs and AISC Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 (in thousands, unless otherwise noted) Çöpler Marigold Seabee Puna Corporate Total Çöpler Marigold Seabee Puna Corporate Total Cost of sales (GAAP) (1) — $39,237 $17,275 $40,070 — $96,582 $24,
Slide 13: Non-GAAP Reconciliation: 2024 Guidance Table
Non-GAAP Reconciliation 2024 Guidance Table (Excluding Çöpler and Hod Maden) Operating Guidance (100% basis) (1) Marigold Seabee Puna Corporate Gold Production koz 155 — 175 75 — 85 — — Silver Production Moz — — 8.75 — 9.50 — Gold Equivalent Production koz 155 — 175 75 — 85 110 — 120 — Gold Sold koz
Slide 14: SSR Mining Inc. Contact
SSR Mining Inc. Website: www.ssrmining.com Email: invest@ssrmining.com Toll-free: +1 (888) 338-0046 SSRM:NASDAQ / TSX, SSR:ASX