SSR Mining reports net loss in third quarter as gold equivalent production down 43% y-o-y

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SSRMining SSR Mining reports net loss in third quarter as gold equivalent production down 43% y-o-y

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The company said that the Çöpler mine operations were suspended in late June until late September in response to a leak of leach solution containing diluted cyanide at the Çöpler mine site on June 21, 2022. SSR Mining also reported third quarter production costs of $1,099 per gold equivalent ounce and AISC of $1,901 per gold equivalent ounce , reflecting the inclusion of $31.1 million of cash costs incurred at Çöpler during the suspension.

Reflecting the lower production guidance, production costs have increased to $960 to $990 per ounce and AISC guidance has increased to $1,315 to $1,345 per gold equivalent ounce, it said.

 

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