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SSR Mining

WKN: A2DVLE | Symbol: ZSV
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First Quarter 2018 Highlights:
(All figures are in U.S. dollars unless otherwise noted)

Solid financial performance: Produced 78,483 gold equivalent ounces at cash costs of $766 per payable ounce, generating operating cash flow of $11.0 million and adjusted attributable net income of $5.7 million or $0.05 per share.

Record quarterly throughput at the Seabee Gold Operation: Continued to successfully ramp up mill throughput, operating at an average of 1,036 tonnes per day during the quarter.

Low-cost production at the Seabee Gold Operation: Produced 23,717 ounces of gold at cash costs of $481 per payable ounce of gold sold, a record low cash cost since acquiring the operation in 2016.

Production in line with guidance at the Marigold mine: Produced 42,960 ounces of gold at cash costs of $720 per payable ounce of gold sold, and a near-record 7.1 million tonnes of ore stacked.

Solid quarterly performance at Puna Operations:
Produced 0.9 million ounces of silver at cash costs of $17.07 per payable ounce of silver sold
, as lower grade stockpiles are processed.

Chinchillas project remains on track: Capital expenditures totaled $12 million as the project remains on track for ore delivery in the second half of 2018.

Increased cash position: Quarter-end cash increased to $472.9 million, up $13.0 million from the previous quarter.

Quelle: SSR Mining Reports First Quarter 2018 Results


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