Slide 1: Q2 2021 Conference Call
A FREE CASH FLOW FOCUSED GOLD PRODUCER Q2 2021 Conference Call August 2021
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 Operations and projects across six jurisdictions High Quality 2021 production: 720 – 800 koz AuEq (1) Operations Diversified 9+ Moz AuEq Mineral Reserves (2) Projects Seabee Portfolio 21+ year cornerstone asset life (3) Marigold Balance
Slide 4: Developing a Sustainable Legacy
Developing a Sustainable Legacy Creating value through responsible and sustainable operations (9) Establishing strong Creating positive Lasting Safe, healthy and governance and legacies in environmental competent transparency communities stewardship workforce Updated suite of Building a science- Zer
Slide 5: 2021 Outlook
2021 Outlook Operational delivery, free cash flow generation, capital returns and growth Priorities 2021 Production Guidance (1) Çöpler Au koz 310 – 340 Operational excellence and free cash flow generation Corporate Marigold Au koz 235 – 265 Continued improvements in health & safety across the p
Slide 6: Q2 2021 Highlights
Q2 2021 Highlights Exceptional Track Record Of Operational and Financial Delivery Operational Records At All Four Producing Assets Operational Consolidated production of 200 koz AuEq at AISC of $961 / oz AuEq On-track to achieve 2021 guidance targets Record operational milestones at Çöpler, Ma
Slide 7: Strong Quarterly Financial Results
Strong Quarterly Financial Results Financial Highlights (15) EPS Bridge Units Q2 2021 Q1 2021 Gold Equivalent Production oz 199,673 196,094 Gold Sales oz 173,620 173,370 Silver Sales Moz 2.0 2.0 Total Gold Equivalent Sales oz 201,504 201,494 Revenue $M $377.0 $366.5 Income from Mine Operations $M $1
Slide 8: Significant Financial Strength
Significant Financial Strength Robust balance sheet and credit metrics ~$908M of Consolidated Cash, 96%+ Held in USD (8) Net Debt to 2021E EBITDA (12) Face Value Debt Maturity Interest Rate ($M) Centerra (1.7x) LIBOR + Term Loan US$175 2023 3.50% - 3.70% IAMGOLD (1.6x) Market Capitalization (11) ~$3
Slide 9: Free Cash Flow Leader
Free Cash Flow Leader Aligning Peer Leading Free Cash Flow Yield with Capital Returns Yield 2021E Consensus Free Cash Flow Yield (4,5) % | Consensus Free Cash Flow (100% basis) / Market Capitalization +6.7% 10.9% 4.2%* SSR Mining Midcap Peer Group 2021E Capital Return Yield % | Consensus Capital Ret
Slide 10: Track Record of Growth
Track Record of Growth On-track to meet guidance, three-year guidance expected before year-end Production Growth (6) Production by Asset (13) MOE with Alacer 2021 Guidance Midpoint COVID-19 Suspensions AuEq. (100% Basis) Commercial Production at Çöpler Sulfide Plant Puna 11% Çöpler Seabee 43% 800 Ac
Slide 11: Çöpler: Long Life, Low Cost Operation
Çöpler: Long Life, Low Cost Operation Location: Turkey Stage: Production Ownership: 80% POX Plant Mining: Open pit Processing: Heap leach, POX Land: ~27,000 ha Q2 2021 Highlights Gold production of 76 koz at $824/oz AISC 55 koz from the sulfide plant and 21 koz from the oxide plant Record tonn
Slide 12: 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: ROM, heap leach Land: ~20,000 ha Q2 2021 Highlights Gold production of 58 koz at $1,174/oz AISC Second consecutive quarterly record material movement
Slide 13: 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) Q2 2021 Highlights Record quarterly gold production of 37 koz at
Slide 14: 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 Q2 2021 Highlights Silver production of 2.0 Moz Ag at AISC of $13.58/ oz No reportable safety incidents in the quarter Quarterly mill throu
Slide 15: Robust Exploration and Growth Pipeline
Robust Exploration and Growth Pipeline Releases on Ardich, Seabee and Marigold Expected H2 Near Mine Targets To Sustain And Grow From 700 – 800koz AuEq For At Least 10+ Years Çöpler District (+325koz 13) Marigold (+250koz 13) Seabee (+100koz 13) Puna (+6.5Mozpa 13) Ardich Mackay Santoy Gap HW Chinch
Slide 16: Appendix
MINING Appendix
Slide 17: 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 Michael Sparks Alison White President, Chief EVP, Chief EVP, Chief Corporate EVP, Chief Legal & EVP, Chief Executive Officer Operating Officer Development O
Slide 18: Çöpler District Growth Pipeline
Çöpler District Growth Pipeline $33M budget focused on conversion, additions and discovery 1 Ardich 1 2 Çöpler In-Pit 2 3 Çöpler Saddle 4 3 4 2 4 C2 Copper-Gold 1 3 5 5 Mavialtin 6 6 Turkey Regional 5 SSRM:TSX / NASDAQ, SSR:ASX PAGE 18
Slide 19: Marigold Growth Pipeline
Marigold Growth Pipeline +70,000 meters of drilling planned in 2021 Valmy N 5 4 1 Marigold Trenton 6 Canyon 2 3 500 meters 1 New Millennium 2 Trenton Canyon 3 Buffalo Valley 4 Valmy 5 Mackay Pit 6 Deep Sulfide SSRM:TSX / NASDAQ, SSR:ASX PAGE 19
Slide 20: Marigold: Barriers Removed, New Millennium Concept
Marigold: Barriers Removed, New Millennium Concept Provides resource upside with higher grade potential New Millennium N Concept uncovered with recent property Crossfire purchases Valmy and Section 6 Basalt and Antler pits historically mined ~1Moz Valmy at 0.75 g/t Au Basalt current Mineral Re
Slide 21: Seabee Growth Pipeline
Seabee Growth Pipeline Testing +30km of shear zone strike length N Santoy Mine Complex Santoy 8/9 Infill 1 Santoy Gap HW 23,300 hectare land Santoy HW package at Seabee 2 Santoy FW 3 Batman and Joker Seabee mill, 4 2 airstrip & camp 1 4 Shane 3 5 5 Lizard Lake Pluton 6 Fisher exploration camp 6 Fish
Slide 22: 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 Çö
Slide 23: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com F. Edward Farid, Executive Vice President, Chief Corporate Development Officer Alex Hunchak, Director, Corporate Development and Investor Relations Email: invest@ssrmining.com