SSRM

SSR Mining has agreed to acquire Roxmore Resources and its Converse Gold Project, located near its Marigold Complex in Nevada. The project is expected to produce 150,000-170,000 ounces of gold annually starting in 2033, with a mine life exceeding 10 years. This acquisition will help SSRM achieve its target of 350,000-400,000 ounces of annual U.S. production through 2042, generating over $200 million in synergies.

SSR Mining announced the acquisition of Canadian gold miner Roxmore Resources for $464 million in cash. The deal will allow SSR to operate the Converse Project and Marigold Complex as a single contiguous asset, potentially reducing operating costs by $200 million annually and adding 150,000-170,000 ounces to annual gold production. Despite the strategic benefits, SSR Mining stock dropped 7.8% as the complex transaction and cash drain may have concerned investors in the near term.

SSR Mining (SSRM) is advancing growth projects at its Puna operations in Argentina, including the Chinchillas laybacks, Melina, and Cortaderas projects to extend mine life. Despite lower first-half 2026 silver production of 3.4M ounces, the company expects 6.25-7M ounces in H2 2026 and maintains full-year guidance of 450,000-535,000 GEOs, representing 10% year-over-year improvement. However, inflationary pressures are pushing AISC toward the top of guidance at $20-$22 per ounce.