Ssr Mining Inc. · NASDAQ:SSRM

Ssr Mining — Silver Standard Resources — Shareholder Meeting (May 2015)

26 slides from Ssr Mining's shareholder meeting presentation, May 13, 2015

  1. Slide 1: 2015 Annual and Special Meeting

    2015 ANNUAL AND SPECIAL MEETING May 13, 2015 SSRI:NDAQ | SSO: TSX 1

  2. Slide 2: Annual and Special Meeting of Shareholders is in progress

    2015 Annual and Special Meeting of Shareholders of Silver Standard Resources Inc. is in progress SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 2

  3. Slide 3: 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

  4. Slide 4: Market Performance: FY 2014

    Market Performance: FY 2014 30% Total Index Return 0% (30%) Jan-14 Apr-14 Jul-14 Oct-14 Nasdaq Biotechnology Index (34%) S&P 500 Index (15%) MSCI World Information Technology Index (18%) MSCI World Metals and Mining Index (-20%) World metals and mining sector underperformed Source: Bloomberg SSRI:NA

  5. Slide 5: What sets Silver Standard apart

    What sets Silver Standard apart ASSETS CAPITAL PEOPLE Free cash flow Increased cash Experienced team balance to $185M Two large mines In-country expertise $105M in marketable Focused portfolio securities Deliver to plan Strong operating performance & free cash flow * Cash and marketable securities a

  6. Slide 6: Share Price Performance

    SHARE PRICE PERFORMANCE SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 6

  7. Slide 7: Share Price Performance: FY 2014

    Share Price Performance: FY 2014 170 150 Relative Performance 130 110 90 70 50 Jan-14 Apr-14 Jul-14 Oct-14 SSRI (-28%) Peer Average (-30%) * Gold Spot (-1%) Silver Spot (-19%) Annual SSRI performance in line with peers * Peer average includes: AG, AUQ, CDE, EXK, HL, HOC, MUX, PAAS, PPP; Source: Bloo

  8. Slide 8: People

    PEOPLE SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 8

  9. Slide 9: Our Safety and People: Key to Our Success

    Our Safety and People: Key to Our Success  Safety performance improved in 2014  Reduced lost-time injuries by 45%  Retained Marigold management team, increasing organizational depth  Operational Excellence team in place, realizing efficiencies  Capable, experienced leadership team driving growt

  10. Slide 10: Strong Technical and Commercial Experience

    Strong Technical and Commercial Experience Management Team John Smith Gregory Martin Alan Pangbourne John DeCooman President, CEO SVP and Chief SVP, Operations VP, Business Development and Director Financial Officer and Strategy Nadine Block Kelly Stark-Anderson Jon Gilligan Ed Kirwan Bruce Huber VP

  11. Slide 11: Assets

    ASSETS SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 11

  12. Slide 12: Marigold: 2014 in Review

    MARIGOLD: 2014 in Review  Operational excellence program delivered results  Produced 129,615 oz of gold  Cash costs of $838/oz of gold sold  Annual production exceeded guidance and cash costs met guidance * 2014 production and cash costs are for the nine months ended December 31, 2014. Cash cost

  13. Slide 13: Pirquitas: 2014 in Review

    PIRQUITAS: 2014 in Review  Produced record 8.7M oz of silver and record 30M lbs zinc  Lowered cash costs to $12.08/oz of silver sold  Focused on operational excellence  Achieved guidance for third consecutive year * Cash costs are a non-GAAP financial measure. Please see "Cautionary Note Regardi

  14. Slide 14: Properties, Projects and Production

    Properties, Projects and Production 10 1 8 7 7. Candelaria 11 3 9 1. Marigold 8. Maverick Springs 5. Diablillos 3. Pitarrilla 9. San Marcial 2. Pirquitas 6. Berenguela 4 4. San Luis 6 10. Sunrise Lake 2 5 11. Parral + $570M SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 14

  15. Slide 15: Exploration: Mine Life Extension

    EXPLORATION: Mine Life Extension Pirquitas  Surface exploration program  Underground Mineral Reserves evaluation  Pit re-evaluation Marigold  Resource development program  Deep sulphide exploration potential SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 15

  16. Slide 16: Marigold: Production Growth at Lower Cost

    Marigold: Production Growth at Lower Cost Gold Production Cash Cost per Ounce Capital ($M) (Koz) of Gold Sold ($/oz) 160 - 175 $838 $900 $725 - $800 150 $40 130 $20 $600 $11 100 $20 $300 50 $25 $25 0 $0 $0 2014 2015 2014 2015 2014 2015 Guidance Guidance Guidance Capital Capitalized Stripping Increas

  17. Slide 17: Pirquitas: Strong Cash Flow Generation

    Pirquitas: Strong Cash Flow Generation Silver Production Cash Cost per Ounce Capital ($M) (Moz) of Silver Sold ($/oz) 9.0 - 10.0 $12.08 $11.50 - $12.50 8.7 $20 8.0 $10 $11 $10 4.0 $5 $10 $10 $0 0.0 $0 2014 2015 2014 2015 2014 2015 Guidance Guidance Guidance Capital Capitalized Stripping Increased pr

  18. Slide 18: Capital

    CAPITAL SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 18

  19. Slide 19: Pirquitas: Lowered Cost Profile

    Pirquitas: Lowered Cost Profile $19.70 Cash costs per payable $16.88 ounce of silver sold $12.87 $11.50 - $12.50 $12.08 2011 2012 2013 2014 2015 Guidance * Cash costs are a non-GAAP financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures” in this presentation. SSRI:NASDAQ SSRI:NDA

  20. Slide 20: Marigold: Achieving Efficiencies

    Marigold: Achieving Efficiencies $1,103 $997 Cash costs per payable $838 $725 - $800 ounce of gold sold $665 Q2 2014 Q3 2014 Q4 2014 2014 2015 Guidance * 2014 cash costs are for the nine months ended December 31, 2014. Cash costs are a non-GAAP financial measure. Please see "Cautionary Note SSRI:NAS

  21. Slide 21: Strong Underlying Performance in 2014

    Strong Underlying Performance in 2014 Cash and cash equivalents ($ million) $396 Marigold Mine Acquisition $185 $135 $102 Q1 2014 Q2 2014 Q3 2014 Q4 2014  Operating activities generated $69 million  Marigold generated $39 million of income from mine operations SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX

  22. Slide 22: Financial Strength to Fund Growth

    Financial Strength to Fund Growth 2014 2013 Cash $185M $416M Current Assets* $492M $681M Current Liabilities $123M $104M Working Capital** $369M $577M * Inclusive of Pretium Resources Inc. investment of $100 million and Argonaut Gold Inc. investment of $2 million as of December 31, 2014, and $98 mil

  23. Slide 23: Goals for Success

    GOALS FOR SUCCESS SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 23

  24. Slide 24: Our Team and Assets Delivered in 2014

    Key Goals for 2014  Successfully integrate and optimize Marigold   Advance operational excellence at Pirquitas   Progress exploration and development projects   Maintain strong balance sheet and cost discipline   Use strong balance sheet for growth opportunities  Our Team and Assets Delive

  25. Slide 25: Why Silver Standard in 2015

    Why Silver Standard in 2015  Management team  Corporate level that delivers free cash flow  Focus on operational  Strong balance excellence sheet  Cost discipline  Strategy for growth SSRI:NASDAQ SSRI:NDAQ ||SSO: SSO:TSX TSX 25

  26. Slide 26: Authentic

    (2) Authentic SSRI:NDAQ | SSO: TSX 26

Silver Standard Resources — Shareholder Meeting (May 2015) on 6ix