SSR Mining Inc.


SSR Mining, formerly Silver Standard Resources is a Vancouver based gold, silver, zinc and tin producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the America's and Australia. Though its assets consist of 14 properties scattered across three continents it currently receives revenue from only one operation. Silver Standard also has a total gold resource of over 3.5 million ounces though 2P reserves represent only 5%. 12 of the 14 projects are 100% owned and Maverick Springs is. Not surprisingly a lot of its silver is in Mexico, Peru, the USA and Australia.
2010 zinc production was about three million pounds. Tin production was on track to be near 100,000 pounds

Active mines

Puna Operations

The Puna Operations are in the Jujuy Province, Argentina. They include the Chinchillas and Pirquitas mines.
The Pirquitas mine is located in north-west Argentina. Reserves there are enough to keep it producing for 14.5 years at an average annual rate of 10 million ounces for silver and 2,500 tonnes for tin. In 2010, its first year of production, it produced 6.3 million ounces of silver, almost 70% of that in the second half. According to an analyst at Blackmont it will become "one of the world's primary silver mines".
The Chinchillas mine supplies ore to the Pirquitas processing facility.

Marigold mine

Located in Humboldt County, Nevada, United States, the gold mine started operations in 1988.

Seabee Gold Operation

Located near Laonil Lake, Saskatchewan, Canada, the mine has started operations in 1991. The Seabee Mine Aerodrome services the mine

Projects

In addition to its lone operating mine in Argentina the company is in the process of developing 13 other projects. Though there are 14 in total located in seven countries 71% of all silver resources and 91% of gold are in Argentina and Mexico.
Argentina is home to the Diabillos, Pirquitas, and Pitarilla projects. The Sunrise Lake gold and silver properties are in Canada. Bowdens is in Australia, San Luis and Berenguela are in Peru. Candelaria and Maverick Springs are in the United States.
In December 2010 it sold the Snowfield and Bruceback projects to Pretium Resources for C$442 million.
In August 2011 it sold Australian silver project Bowdens to gold miner Kingsgate Consolidated for $75 million, $65 million of which will be paid when the deal closes.