SSR Mining’s acquisition near Marigold to close this quarter - Elko Daily Free Press
AI desk brief
SSR Mining expects its $464 million acquisition of Roxmore Resources and the Converse Gold Project near Nevada’s Marigold Mine to close by year-end. The company says Converse could potentially add 150,000–170,000 ounces to Marigold’s annual gold production once operating; this is prospective supply, not current output. SSR reported third-quarter adjusted net income of $130.7 million and maintained full-year production guidance, although costs were trending approximately 10% above the original guidance ranges. The acquisition primarily strengthens SSR’s longer-term growth platform; the article does not establish a material near-term bullion-price effect.
Sources used
- S1 Elko Daily Free Press via Google News — SSR Mining’s acquisition near Marigold to close this quarter - Elko Daily Free Press