SSR Mining says achieved revised 2022 production guidance, expects gold equivalent output growth in 2023 SSRMining gold
- SSR Mining announced yesterday that in 2022, the company''s four operating assets produced 623,819 gold equivalent ounces, down 21% compared to 2021 and within its revised guidance.
SSR Mining added it expects to deliver a"strong and stable production base" in 2023 with total production of 700,000 to 780,000 gold equivalent ounces at consolidated cost of sales of $1,055 to $1,115 per gold equivalent ounce and all-in sustaining costs of $1,365 to $1,425 per gold equivalent ounce.
The company also said it will increase its 2023 exploration and resource development budget by approximately 50% over 2022, adding that the increased budget is expected to target the acceleration of mineral resource conversion and mine life extension activities across the portfolio,"helping position SSR Mining to deliver a long-term production profile above 700,000 gold equivalent ounces without significant capital investment requirements through the end of the decade.
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