SSR Mining Inc. announced its full-year 2025 production and cost guidance demonstrating a more than 10% increase in year-over-year gold equivalent production. In 2025, the Company expects to deliver production of 410,000 to 480,000 gold equivalent ounces from its Marigold, CC&V, Seabee and Puna operations at consolidated cost of sales of $1,375 to $1,435 per payable ounce and AISC of $2,090 to $2,150 per payable ounce.
By Panorama Minero
Specifically to Puna, the mine located in Jujuy province –Northwest Argentina- will produce 8.00-8.75 Moz silver (90,000 – 100,000 oz gold equivalent) in the current year, with a cost sales per ounce in the range of US$12.50-14.00 (according to GAAP – General Accepted Accounting Standards)
In 2025, production at Puna is expected to be 50 to 55% weighted to the first half, driven largely by grades. Continued delivery of operational improvement initiatives has enabled further increases to process plant throughputs at Puna, which are targeted to average approximately 5,000 tonnes per day throughout the year. AISC (All In Sustainig Costs) are expected to be highest in the second half of 2025, including a peak in the third quarter, largely reflecting the aforementioned production profile and increased waste stripping in the second half.
Sustaining capital expenditures are planned to total US$15 million in 2025. SSR Mining is continuing to advance opportunities to extend the mine life at Puna, including pit laybacks at the Chinchillas pit and advancing exploration and engineering work at Cortaderas.
At Puna, 2025 exploration and resource development expenditures are anticipated to total US$9 million, with the majority of that spend allocated to advancing Mineral Resource definition at the Cortaderas target ahead of an initial economic evaluation of the target. Work is also underway to evaluate potential Mineral Reserve conversion at Chinchillas in order to extend the mine life in the near-term.
