SSR Mining / SSRM (NYSE, TSX)


    Über die Preise und Aussichten für Kupfer braucht man diese Tage ja nichts mehr zu sagen [Goldman Sachs: "Copper is the New Oil" ]. Ich denke, die werden in Kürze aus ihrem "Abfallprodukt" Kupfer Kapital schlagen. Im letzten Quaterly stand ja auch etwas von "evaluating options to leverage value from the copper mineralization".
    Darüberhinaus hatte Alacer das strategisch hochinteressante Copper Hill Exploration Projekt als Aussteuer in die Ehe eingebracht. [smilie_blume]

    Das Potential der Kupfervorkommen wird m.e. noch völlig am Markt verkannt. Im Laufe des Jahres sollen neue Bohrergebnisse kommen. Besonders Interessant ist dabei C2 an der bereits bestehenden Mine.


    "The C2 target lies directly below the Main pit of the Çöpler mine. In 2020, four diamond drill holes were completedalong a line of approximately 730 meters, with all holes intersecting gold-rich copper porphyry mineralization.Chalcopyrite is visible in the drill core with mineralization starting at or close to the bottom of the currently definedÇöpler Main pit. Metallurgical test work commenced at a contract laboratory in Canada on C2 diamond drill core samples.Preliminary indications from the metallurgical flotation test work is encouraging. The Company is currently drillingwith three diamond drill rigs and plans to increase the number of rigs to nine in the first quarter of 2021."


    Hier besteht die Chance mit vergleichsweise geringer Capex zusätzlichen Cash Flow via Kupfer zu generieren.


    Das Explartionprojekt "Copper Hill" ist dann nochmal ein ganz anderes Kaliber.


    Kupfer könnte das Sahnehäubchen auf der Gold-Silber-Torte und SSR dadurch zum Übernahmekandidaten werden.

    July 29, 2021SSR MINING ANNOUNCES THE SALE OF ITS NON-CORE ROYALTY PORTFOLIOFOR TOTAL CONSIDERATION OF US$100 MILLIONDENVER CO – SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) (“SSR Mining” or “theCompany”) announced today that it has entered into a definitive agreement to sell a portfolio ofroyalty interests and deferred payments (“Royalty Portfolio”) to EMX Royalty Corporation (NYSEAmerican: EMX; TSX Venture: EMX; Frankfurt: 6E9) (“EMX”) for total consideration of US$100million (the “Transaction”). This consideration includes US$33 million in cash, US$33 million inEMX shares, and US$34 million in deferred compensation payments to be delivered uponachievement of clearly defined project development milestones. The cash and equity componentsof the consideration, totaling US$66 million, will be payable upon closing of the Transaction. Uponthe Transaction’s close, expected by the fourth quarter of 2021, SSR Mining will hold a ~12%equity ownership interest in EMX.

    Second Quarter 2021 Highlights:
    (All figures are in U.S. dollars unless otherwise noted)
    ▪ Outstanding performance across all four operations: Delivered second quarter production of 199,673 gold
    equivalent ounces at AISC of $961 per gold equivalent ounce.(1) Year-to-date production of 395,750 gold
    equivalent ounces at AISC of $983 per gold equivalent ounce on track to meet full-year guidance ranges.(1)
    ▪ Strong financial results and free cash flow: Generated cash flows from operating activities of $148.6 million
    and free cash flow of $100.4 million in the second quarter with year-to-date free cash flow of $177.0 million.
    (1)
    Reported second quarter attributable net income of $54.0 million, or $0.25 per share, and adjusted attributable
    net income of $101.0 million, or $0.46 per share.(1)
    ▪ Execution of peer-leading capital returns program: At the end of Q2, dividends and share repurchases
    represented $92.2 million of shareholder returns. The Company continues to execute on the previously
    announced Normal Course Issuer Bid (“NCIB”). From inception of the program on April 19, 2021 to the end of
    the quarter, the Company purchased 4,000,000 common shares for cancellation at an average share price of
    $17.55 per share. In addition, the Board declared the second quarterly cash dividend of $0.05 per share on
    August 4, 2021.
    ▪ Balance sheet continues to strengthen: Cash and cash equivalents balances remained strong at $870.4
    million, following $70.3 million in share buybacks, $11.0 million in dividend payments to equity shareholders,
    while also reducing debt balances $17.5 million during the quarter.
    ▪ Çöpler delivered solid margins and progressed growth initiatives: Delivered gold production of 75,754
    ounces in the second quarter, reporting AISC of $824 per ounce, driving robust margins.(1) Çöpler flotation plant
    construction was substantially completed on time and on budget in June 2021.
    ▪ Marigold achieves record material movement and improved grades drive performance: Delivered gold
    production of 57,892 ounces for the second quarter as the mine moved a record 25.0 million tonnes of material,
    due to shorter haulage cycles and stronger haul truck utilization rates. Stacked grades improved to 0.44 g/t in
    the quarter, driven by the planned mining of the higher-grade portions at Mackay 4 and Mackay 8.
    ▪ Seabee sets record for both quarterly and half-year production: Produced a quarterly record of 36,994
    ounces of gold as head grades improved to 13.19 g/t. The higher-grade production resulted in cash costs of
    $377 per ounce and AISC of $570 per ounce in the quarter.(1)
    ▪ Puna continues to deliver record production year-to-date: Produced 2.0 million ounces of silver at cash
    costs of $9.70 per ounce in the second quarter and AISC of $13.58 per ounce.(1) First-half production of 3.8
    million ounces of silver represents an all-time record for the operation.
    ▪ Amended Credit Facility providing additional liquidity: On June 8, 2021, SSR Mining announced it
    amended its existing undrawn revolving credit facility (the “Facility”) with a syndicate of lenders on favorable
    terms, increasing the Facility size from $75 million to $200 million. The new Facility includes an upsized
    accordion feature from $25 million to $100 million and the term of the Facility has been extended by 4 years to
    June 8, 2025.
    ▪ Announced the sale of a non-core royalty portfolio: On July 29, 2021, the Company announced it had
    entered into a definitive agreement to sell a portfolio of royalty interests and deferred payments to EMX Royalty
    Corp. (“EMX”) for total consideration of $100 million. This consideration includes $33 million in cash, $33 million
    in EMX shares, and $34 million in deferred compensation payments to be delivered upon achievement of clearly
    defined project development milestones.

    Zitat von silberkunta

    Super Zahlen... und tatsächlich springt der Kurs mal etwas an...


    Ich wüsste gern, wie es um das Pitarrilla-Projekt steht bzw wann da angefangen wird zu produzieren...

    Superzahlen - gerade vor dem Hintergrund, dass das Q2 das schwächste in 2021 gewesen sein wird da in Cöpler Wartungs- und Erweiterungsarbeiten stattgefunden haben. Meiner Meinung nach könnten sie den "Kupferausschuß" aus Cöpler in absehbarer Zeit selbst verwerten und verkaufen. Pitarrilla wird in dieser Dekade m.E. nichts produzieren da interessieren mich schon eher die Explorationsergebnisse aus den US und vor allem was die an Kupfer in Copper Hill finden werden.

    Zitat von Rhöngold


    Pitarrilla wird in dieser Dekade m.E. nichts produzieren da interessieren mich schon eher die Explorationsergebnisse aus den US und vor allem was die an Kupfer in Copper Hill finden werden.

    nicht in dieser Dekade??? Das glaube ich nicht... Die Werbetrommel wurde schon gerührt, ich denke in 5 Jahren wird da gefördert... ich hoffe aber, schon etwas früher... :thumbup:

    Zitat von Rhöngold

    Neben KL und VGCX ist das ebenfalls ein Nachkauf für mich.

    wenn Alamos Gold endlich die Probleme in der Türkei belegen könnte, würde ich sie auch in diesen Kreis dieser "absolut kaufenswerten Minnen" aufnehmen... bis dahin aber trotzdem mind eine gute Halteposition, auch bei mir immer noch einer der größeren Posten... :thumbup:

    ich habe heute noch ein paar Stücke aufgeladen... die Inflation wird es richten, denke ich. Zum Herbst sollten die EM (hoffentlich und endlich) etwas Schub bekommen. SSR ist meiner Meinung nach gut aufgestellt, auch wenn ich möglicherweise etwas zu hohe Erwartungen an Pitarilla-Projekt habe... mal schauen... :rolleyes:

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