SSR Mining(SSRM)2024-11-06 21:16Production and Financial Performance - In Q3 2024, the company produced 97,429 gold equivalent ounces, with year-to-date production totaling 275,113 ounces at a consolidated cost of sales of 1,886 per ounce[21]. - Net income attributable to SSR Mining shareholders in Q3 2024 was 0.05 per diluted share, with adjusted net income of 0.03 per diluted share[22]. - As of September 30, 2024, the company had a cash and cash equivalent balance of 834.0 million, with no borrowings outstanding under the revolving credit facility[23]. Remediation and Environmental Impact - Remediation spend at the Çöpler site in Q3 2024 totaled 103.3 million[25]. - The Çöpler remediation and containment work is estimated to cost between 300 million and take 24 to 36 months to complete[14]. - The 2021 Environmental Impact Assessment (EIA) for the Çöpler mine was cancelled by a local court, reverting operating guidelines to the 2014 EIA, which prescribes a lower throughput rate of 6,000 tonnes per day[18]. Incident Response and Operations - Following the Çöpler Incident, all nine missing colleagues have been recovered, and the company continues to support affected families and community members[11]. - The company is working with Turkish authorities to advance the required permits for the restart of the Çöpler mine, with initial operations anticipated to restart within 20 days once approvals are obtained[17]. - Operations at Seabee were suspended due to forest fires but successfully restarted on October 11, 2024[24]. - The company incurred 9.6 million at Seabee during Q3 2024[22].