Ssr Mining Inc. · NASDAQ:SSRM
Ssr Mining — CIBC Western Institutional Investor Conference 2024
25 slides from Ssr Mining's conference presentation, Jan 18, 2024
Slide 1: CIBC Western Institutional Investor Conference
CIBC Western Institutional Investor Conference January 2024
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements Except for statements of historical fact relating to the Company, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively
Slide 3: Diversified Portfolio of High Quality, Long-Life Assets
Diversified Portfolio of High Quality, Long-Life Assets High Returning Development Projects to Deliver Meaningful Growth High Quality 4 Operations 15+ year ~9Moz AuEq Sunrise Lake NSR Diversified weighted average attributable Portfolio ~707,000 GEOs mine life mineral reserves Porky/Porky West Seabee
Slide 4: Our Sustainability Vision: Living Our Values
Our Sustainability Vision: Living Our Values Continuously Striving to Improve Performance in Focus Areas Responsible Engage & Invest in Environmental Stewards Local Communities • Developed a global water strategy in 2022; • Over $2.5 million in community investment in 2023 focused on implementing en
Slide 5: Diversified Portfolio With Track Record of Operational Delivery
Diversified Portfolio With Track Record of Operational Delivery SSR Mining Has Achieved Production Guidance in 11 of the Last 12 Years Commercial Çöpler Production at MOE with Temporary 900 Çöpler Sulfide Alacer / Suspension; Acquired Plant COVID-19 Acquired Hod Maden Suspensions Kartaltepe May 8, 2
Slide 6: Achieved 2023 Production Guidance
Achieved 2023 Production Guidance Fourth Quarter Production of 211,000 GEOs Expected to Drive Strong Free Cash Flow Into Year-End 2023 Production Results by Quarter Fourth Quarter and Full Year Preliminary Operating Results Three Months Ended Twelve Months Ended 2023 featured record full-year produc
Slide 7: Building on Proven History of Project Delivery and M&A
Building on Proven History of Project Delivery and M&A Track Record of Execution in Project Construction and Value Accretive Transactions Delivering High-Return Projects Building Value Through Disciplined M&A * On Time & Budget POX Plant (Çöpler) SSR Mining / Alacer Merger Hod Maden Acquisition Expl
Slide 8: Significant Financial Strength
Significant Financial Strength Robust Balance Sheet; Three Pillar Capital Allocation Framework Financial Position * Capital Allocation Priorities Low Capital-Intensity Growth Market Capitalization $2.2B ▪ Advancing Hod Maden project towards construction decision in mid-2024 ▪ Çakmaktepe Extension pr
Slide 9: Track Record of Returning Capital to Shareholders
Track Record of Returning Capital to Shareholders Peer Leading Returns Aligned With Robust Free Cash Flow Outlook Highlights History of Significant Shareholder Returns * ▪ Building on three consecutive years of 2023 Capital Returns significant shareholder returns in the form 2.1% Yield 4.7% Yield of
Slide 10: Early 2024 Milestones Set the Stage for Next Phase of Growth
Early 2024 Milestones Set the Stage for Next Phase of Growth Incorporating Extensive Exploration Activity and Technical Work Into Long-Term Outlook January 16, 2024 February 13, 2024 February 21, 2024 Mid-Year, 2024 Q4/23 Production of 211k GEOs Updated Mineral Reserves & Mineral Resources Full-year
Slide 11: Operations
MINING Operations
Slide 12: Our Commitment to Environment, Health, Safety and Sustainability (EHSS)
Our Commitment to Environment, Health, Safety and Sustainability (EHSS) Building a Safe, Healthy and Competent Workforce “We are very focused on ensuring Targets that we embed a sustainable Setting clear targets drives improvement and approach into our mining and challenges us to continually better
Slide 13: Çöpler: Flagship Asset With a 20+ Year Mine Life
Operations Çöpler: Flagship Asset With a 20+ Year Mine Life Page on Website First Production From Çakmaktepe Extension Delivered in the Third Quarter of 2023 Major Milestones Since 2009 2010 2013 2017 2019 2020 2021 2022 Q3 2023 Location: Erzincan, Türkiye Mining: Open Pit Processing: Heap Leach, PO
Slide 14: Çöpler Continues to Present Opportunities for Mine Life Extension and Growth
Çöpler Continues to Present Opportunities for Mine Life Extension and Growth Low Capital-Intensity Organic Growth Projects to Drive Increased Production Çöpler Mine 20+ year Mineral Continued near-mine resource Reserve life development/exploration activity Çakmaktepe Extension First production deliv
Slide 15: Marigold: Large-Scale Open Pit in Nevada
Operations Marigold: Large-Scale Open Pit in Nevada Page on Website Long History of Stable Operations and Continued Mineral Reserve Growth Milestones Since Initial Production Over 30 Years Ago 1988 2014 Q2/2020 2020 2023 2024 Silver LOM production SSR Mining Record production Declare initial Product
Slide 16: Seabee: High-Grade Underground in Canada
Operations Seabee: High-Grade Underground in Canada Page on Website Expanded Exploration Program Focused on Extending Mine Life Major Milestones Since Initial Production Over 30 Years Ago Location: Saskatchewan, Canada Mining: Underground Processing: Gravity concentration, cyanide leaching 1991 2016
Slide 17: Puna: Large Open-Pit Silver Producer
Operations Puna: Large Open-Pit Silver Producer Page on Website Consistently Strong Operations; Near-mine Exploration Continuing Major Milestones Since Initial Production in 2018 2018 2019 2020 2021 2022 Q3 2023 Chinchillas Pit • Production SSR Mining SSR Mining Chinchillas Exploration Continued beg
Slide 18: Hod Maden Project Overview and Transaction Highlights
Hod Maden Project Overview and Transaction Highlights Accretive Transaction Delivers Value to Shareholders Project Overview Key Transaction Highlights for SSR Mining ▪ SSR Mining acquired an up to 40% ownership and immediate operational control in Hod Maden project through an earn-in structured tran
Slide 19: Appendix
MINING Appendix
Slide 20: Executive Team and Board of Directors
Executive Team and Board of Directors Depth of Experience and Track Record of Delivery Executive Team Rodney Antal Alison White F. Edward Farid Michael Sparks John Ebbett Bill MacNevin Executive Chairman EVP, Chief Financial EVP, Chief Corporate EVP, Chief Legal & EVP, Growth & EVP, Operations & Off
Slide 21: Seabee Exploration Program Focused on Mine Life Extension
* Seabee Exploration Program Focused on Mine Life Extension Positive Results from Porky Targets Highlight Ongoing Brownfield Exploration Success Plan View of Seabee Property & Exploration Targets Overview of Recent Porky Exploration ▪ Significant investment in near-mine and regional exploration at S
Slide 22: Puna: Near-Mine Exploration Success Presents Opportunity to Extend Mine Life
Puna: Near-Mine Exploration Success Presents Opportunity to Extend Mine Life * Cortaderas Presents a Medium-Term Mine Life Extension Pathway for Puna Overview of Puna 2023 Drill Pad Cortaderas Resource Outline ▪ Puna is 100% owned by SSR Mining and is comprised N 0m of the Chinchillas and Pirquitas
Slide 23: Endnotes
Endnotes 1) Mineral Reserves and Mineral Resources (“MRMR”) as of December 31, 2022. Mineral Reserves and Mineral Resources shown are SSR Mining ownership share only. SSR Mining owns 80% of the Çöpler project. Mineral Resources are stated exclusive of Mineral Reserves. For details see our news relea
Slide 24: Non-GAAP Reconciliations
Non-GAAP Reconciliations Cash Costs, AISC, Net Cash & Liquidity Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (in thousands, unless otherwise noted) Çöpler Marigold Seabee Puna Corporate Total Çöpler Marigold Seabee Puna Corporate Total Cost of sales (GAAP) (21) $69,830
Slide 25: SSR Mining Inc.
SSR Mining Inc. F. Edward Farid, Executive Vice President, Chief Corporate Development Officer Alex Hunchak, Vice President, Investor Relations Website: www.ssrmining.com Email: invest@ssrmining.com Toll-free: +1 (888) 338-0046 SSRM:NASDAQ / TSX, SSR:ASX
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