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SSR Mining CEO: Production On Pace To Meet Or Beat Guidance

Kitco News

(Kitco News) - The chief executive of SSR Mining Inc. (Nasdaq, TSX: SSRM) said Thursday that the company is on track to meet or beat its production guidance for 2019.

During the second quarter, SSR Mining produced over 98,000 gold-equivalent ounces from its three operations.

The Marigold mind produced 54,922 ounces of gold, up from 53,151 in the first quarter. SSR reported 26,539 gold ounces at Seabee, down from 31,183 in the first quarter.

The Puna operation posted silver production of 1.5 million ounces, down from 2.4 million. The mine also produces lead and zinc.

"Notably, at Marigold we stacked a higher amount of ore at an increasing gold grade, driving toward a record production year for the mine as we celebrate its 30th anniversary,” said Paul Benson, president and chief executive officer. “At Seabee, production is ahead of plan, while at Puna, our focus was on achieving steady state production levels.

“Our strong first six months of the year put us in a favorable position to meet or exceed our annual production guidance for the eighth consecutive year."

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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