Ssr Mining Inc. · NASDAQ:SSRM

Ssr Mining — Q4 2020 Earnings Presentation

18 slides from Ssr Mining's earnings presentation, Feb 17, 2021

  1. Slide 1: Q4 2020 Conference Call

    Q4 2020 CONFERENCE CALL February 17, 2021

  2. Slide 2: Cautionary Notes

    Cautionary Notes Cautionary Note Regarding Forward-Looking Statements Except for statements of historical fact relating to us, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively “forward

  3. Slide 3: Diversified Portfolio of High Quality, Long-Life Assets

    Diversified Portfolio of High Quality, Long-Life Assets Operations and projects across six jurisdictions High Quality  2021 production: 720 – 800 koz AuEq (1) Operations Projects Diversified  9+ Moz AuEq Mineral Reserves (2) Portfolio  21+ year cornerstone asset life (3) Seabee  Peer leading fre

  4. Slide 4: Developing a Sustainable Legacy

    Developing a Sustainable Legacy Successful culture focused on discipline and integrity (7) Environmental Safe Production Governance, Responsibility Social Performance and Diversity  Zero significant environmental  Zero fatalities  Material investment in incidents or spills communities  COVID-19

  5. Slide 5: 2021 Outlook

    2021 Outlook Operational delivery, free cash flow generation, capital returns and growth Priorities 2021 Production Guidance (1)  Continued operational delivery and free cash flow generation across all mines Çöpler 310 – 340 Corporate Au koz  Health & safety focus across the portfolio Marigold Au

  6. Slide 6: Q4 2020 Highlights

    Q4 2020 Highlights Consolidated production of 220 koz AuEq Operational   Consolidated AISC of $976 / oz AuEq  Sales lagged production primarily due to timing of concentrate shipments  Cash flow from operations of $217M and free cash flow of $157M(5) Financial  Ended 2020 with consolidated cash

  7. Slide 7: Strong Quarterly Financial Results

    Strong Quarterly Financial Results Financial Highlights (10) EPS Bridge 0.01 Q4 Q4 $0.60 0.02 Units (0.03) 2020 2019 0.13 (0.04) 0.50 Gold Equivalent Production oz 220,432 106,205 $0.50 Gold Sales oz 182,328 85,404 0.41 Silver Sales Moz 1.0 2.6 $0.40 Total Gold Equivalent Sales oz 194,862 114,268 Re

  8. Slide 8: Çöpler: World-Class Long-Life Operation

    Çöpler: World-Class Long-Life Operation Location: Turkey Stage: Production Ownership: 80% Mining: Open pit Processing: Heap leach, POX Land: ~17,000 ha POX Plant Q4 2020 Highlights  4Q20 gold production of 83 koz at $748 /oz AISC  Production in-line with revised mine plan adopted to diversify ore

  9. Slide 9: Marigold: Large-Scale Open Pit in Nevada

    Marigold: Large-Scale Open Pit in Nevada Location: Nevada, USA Stage: Production Ownership: 100% Marigold Rope Shovel Mining: Open pit Processing: Run-of-mine, heap leach Land: ~20,000 ha Q4 2020 Highlights  Record 4Q20 gold production of 77 koz at $1,070 /oz AISC  15% production increase vs. prev

  10. Slide 10: Seabee: High-Grade Underground in Canada

    Seabee: High-Grade Underground in Canada Location: Saskatchewan, Canada Stage: Production Ownership: 100% Seabee Mill Mining: Underground Processing: Gravity concentration, Land: ~60,000 ha cyanide leaching (including joint venture) Q4 2020 Highlights  Strong 4Q20 gold production of 32 koz at $787

  11. Slide 11: Puna: Large Silver Producer

    Puna: Large Silver Producer Location: Argentina Stage: Production Ownership: 100% Chinchillas Mine Mining: Open pit Processing: Flotation Land: ~10,000 ha Q4 2020 Highlights  4Q20 production of 2.2 Moz Ag at AISC of $15.90 / oz  Produced 5.6 Moz Ag in 2020, exceeding updated full-year guidance  S

  12. Slide 12: 2021 Exploration and Resource Development

    2021 Exploration and Resource Development Mineral Resource conversion, expansion and development Near mine exploration portfolio poised to deliver low capital intensity organic growth Çöpler District: $33M Marigold: $18M Seabee: $8M Cöpler New Trenton Santoy Santoy Ardich C2 Mackay Fisher Saddle Mil

  13. Slide 13: C2 Copper Gold Porphyry - Below Çöpler Main Pit

    C2 Copper Gold Porphyry - Below Çöpler Main Pit Intercept of 0.74% CuEq (11) over 241.5m, including 1.77% CuEq (11) over 32m 2021 Development Çöpler Mine C2-Drilling (12) Flotation Test  9 Drills mobilized to C2  A total of 11 holes now drilled – Manganese Pit showing mineralization A’ A  Initial

  14. Slide 14: SSR Mining: Delivering value and growth for our shareholders

    SSR Mining Delivering value and growth for our shareholders  Strong quarterly production of 220 koz AuEq Production and  Low quarterly AISC of $976 / oz Free Cash Flow  Generated $157M(5) in FCF in Q4 2020  Delivered CDMP technical report with two value Investment enhancing scenarios Catalysts 

  15. Slide 15: Appendix

    MINING Appendix

  16. Slide 16: Executive Team and Board of Directors

    Executive Team and Board of Directors Depth of experience and track record of delivery Executive Team Rodney Antal Stewart Beckman Edward Farid Gregory Martin Michael Sparks President, Chief EVP, Chief EVP, Chief Corporate EVP, Chief EVP, Chief Legal & Executive Officer Operating Officer Development

  17. Slide 17: Endnotes

    Endnotes 1. Please see our news release dated January 19, 2021. Gold equivalent production and AISC are based on a 76:1 gold to silver ratio. AISC is a non-GAAP financial measure. See "Cautionary Note Regarding Non-GAAP Measures” in this presentation. 2. Mineral Reserves and Mineral Resources for Ma

  18. Slide 18: SSR Mining Inc. contact details

    SSR Mining Inc. www.ssrmining.com F. Edward Farid, Executive Vice President, Chief Corporate Development Officer Brian Martin, Director, Corporate Development & Investor Relations Telephone: +1 888.338.0046 or +1 604.689.3846 Email: invest@ssrmining.com

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