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SSR Mining digs up and sells gold, silver, copper, lead, and zinc from its mines to metals markets.
SSR Mining is a gold miner first and foremost, with silver, copper, lead, and zinc as useful side products. It pulls ore out of the ground at a handful of mines in the Americas and Turkey, processes it into metal, and sells that metal into global commodity markets. The company doesn't make anything fancy鈥攊t sells a raw material whose price is set by world markets, so its fortunes rise and fall with gold prices and with how efficiently it can dig.
The business is really four mines. In Turkey, 脟枚pler was long the crown jewel, a large gold mine that produced at low cost. In Canada, Seabee is an underground gold mine in Saskatchewan. In the United States, Marigold is a gold mine in Nevada. And in Argentina, Puna is a silver-gold mine high in the Andes. Each mine has its own geology, its own costs, and its own risks, which is the whole point of owning several: when one stumbles, the others can carry the load. The company was formerly called Silver Standard Resources, a name that reflected its roots as a silver-focused outfit. It became SSR Mining in 2017 and later swallowed Canada's Alacer Gold in 2020, a deal that added 脟枚pler and turned SSR into a more serious gold producer. Investors typically buy the stock as a leveraged bet on gold: the metal's price moves, but the miner's costs don't move as much, so profits can swing hard in either direction. That leverage cuts both ways, and SSR has had a rough stretch. In 2024, a landslide at 脟枚pler forced the mine to halt operations, and the company had to suspend production and later announced it would sell the asset. The stock fell sharply, and the episode showed the ugly side of mining: geology and geography can undo years of planning overnight. Rivals in the gold space include Newmont and Agnico Eagle Mines, both far larger, which is why SSR's investors tend to be a mix of gold bugs and value hunters hunting for a cheaper, smaller producer.
SSR spends its cash on keeping mines running, exploring for more ore, and paying down debt, and it has paid a small dividend in recent years. The core question for anyone owning it is simple: will gold prices stay high enough, and will the remaining mines perform well enough, to make up for the loss of the mine that once did much of the heavy lifting?
Saved answer 路 last researched 15 Nov 2026