SSRM SSR Mining Inc

$ 184,841,000

$ 301,026,000

$ 415,075,000

$ 615,640,000

Operating costs and expenses:

^[1]

96,582,000

170,640,000

222,483,000

369,937,000

General and administrative expense

23,011,000

44,641,000

61,409,000

91,736,000

13,452,000

16,291,000

26,313,000

34,832,000

Reclamation and remediation costs

11,255,000

13,975,000

21,486,000

24,500,000

2,414,000

2,173,000

277,732,000

4,346,000

Impairment charges

114,230,000

Care and maintenance

30,556,000

44,965,000

Other operating expense (income), net

(3,149,000)

377,000

12,161,000

375,000

Foreign exchange gain (loss)

10,720,000

52,929,000

(365,704,000)

89,914,000

Other income (expense):

Interest expense

(2,105,000)

(4,959,000)

(6,760,000)

(10,019,000)

Other income (expense)

4,968,000

12,369,000

8,735,000

25,421,000

876,000

(21,176,000)

(37,000)

(34,361,000)

Total other income (expense)

3,739,000

(13,766,000)

1,938,000

(18,959,000)

Income (loss) before income and mining taxes

14,459,000

39,163,000

(363,766,000)

70,955,000

Income and mining tax benefit (expense)

(11,727,000)

83,388,000

8,510,000

80,600,000

Equity income (loss) of affiliates

(268,000)

(175,000)

(442,000)

(175,000)

Net income (loss)

2,464,000

122,376,000

(355,698,000)

151,380,000

Net loss (income) attributable to non-controlling interest

7,229,000

(47,510,000)

78,309,000

(46,701,000)

Net income (loss) attributable to SSR Mining shareholders

$ 9,693,000

$ 74,866,000

$ (277,389,000)

$ 104,679,000

Net income (loss) per share attributable to SSR Mining shareholders

Basic (in dollars per share)

$ 0.05

$ 0.37

$ (1.37)

$ 0.51

Diluted (in dollars per share)

$ 0.05

$ 0.35

$ (1.37)

$ 0.49

[1]	Excludes depreciation, depletion, and amortization.

Condensed Consolidated Statements of Cash Flows - USD ($)

6 Months Ended

Jun. 30, 2024

Jun. 30, 2023

Operating activities

Net income (loss)

$ (355,698,000)

$ 151,380,000

Adjustments for:

Reclamation and remediation costs

61,409,000

91,736,000

200,522,000

4,346,000

Deferred income taxes

(26,511,000)

(90,599,000)

Stock-based compensation

(2,974,000)

3,521,000

Equity (income) loss of affiliates

442,000

175,000

Change in fair value of marketable securities

(6,419,000)

(1,120,000)

Non-cash fair value adjustment on acquired inventories

2,830,000

10,736,000

Loss (gain) on sale and disposal of assets, net

(5,599,000)

1,050,000

Impairment charges

114,230,000

Change in fair value of deferred consideration

(1,536,000)

2,025,000

Loss (gain) on foreign exchange

6,499,000

21,034,000

Non-cash care and maintenance

20,003,000

Other operating activities

1,966,000

850,000

Net change in operating assets and liabilities

(62,665,000)

(111,824,000)

Net cash provided by (used in) operating activities

(53,501,000)

83,310,000

Investing activities

Additions to mineral properties, plant and equipment

(72,211,000)

(117,177,000)

Acquisitions, net

^[1]

(119,925,000)

Purchases of marketable securities

(9,626,000)

(2,484,000)

Net proceeds from sale of marketable securities

8,747,000

7,845,000

Proceeds from sale of mineral properties, plant and equipment

4,853,000

Contributions to equity method investments

(225,000)

Net cash used in investing activities

(68,462,000)

(231,741,000)

Financing activities

Repayment of debt, principal

(920,000)

(35,336,000)

Advance from non-controlling interest

3,415,000

Repurchase of common shares

(9,825,000)

(45,305,000)

Proceeds from exercise of stock options

208,000

Principal payments on finance leases

(2,002,000)

(1,913,000)

Dividends paid

(28,788,000)

Net cash used in financing activities

(9,332,000)

(111,134,000)

Effect of foreign exchange rate changes on cash and cash equivalents

(2,791,000)

(16,738,000)

Net increase (decrease) in cash, cash equivalents, and restricted cash

(134,086,000)

(276,303,000)

Cash, cash equivalents, and restricted cash beginning of period

492,494,000

689,106,000

Cash, cash equivalents, and restricted cash end of period

358,408,000

412,803,000

Reconciliation of cash, cash equivalents, and restricted cash:

Total cash, cash equivalents, and restricted cash

358,307,000

379,243,000

Restricted cash

101,000

33,560,000

$ 358,408,000

$ 412,803,000

[1]	Acquisitions, net for the six months ended June 30, 2023 is comprised of $120.0 million cash paid in the acquisition of Hod Maden Project, net of cash and cash equivalents acquired.

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($)
$ in Thousands

6 Months Ended

May 08, 2023

Jun. 30, 2024

Jun. 30, 2023

^[1]

$ 0

$ 119,925

Hod Maden

$ 120,000

[1]	Acquisitions, net for the six months ended June 30, 2023 is comprised of $120.0 million cash paid in the acquisition of Hod Maden Project, net of cash and cash equivalents acquired.

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands

Jun. 30, 2024

Dec. 31, 2023

ASSETS

Trade and other receivables

$ 358,307

$ 492,393

Marketable securities

26,073

20,944

110,842

142,180

Prepaids and other current assets

507,706

515,143

Restricted cash

101

18,909

25,715

Total current assets

1,021,938

1,196,476

Mineral properties, plant and equipment, net

3,813,637

3,872,886

Deferred income tax assets

238,954

219,808

24,547

22,307

Other non-current assets

76,478

74,296

Accrued liabilities and other

^[1]

5,175,554

5,385,773

LIABILITIES

Accounts payable

23,892

37,095

116,437

124,639

Finance lease liabilities

143,537

3,364

4,685

4,555

Current portion of debt

920

Total current liabilities

288,551

170,573

Debt

228,040

227,516

Finance lease liabilities

83,805

86,141

Deferred income tax liabilities

229,966

170,455

339,581

363,852

Other non-current liabilities

64,469

63,033

Total liabilities

^[1]

1,234,412

1,081,570

EQUITY

Common shares – unlimited authorized common shares with no par value; 202,096 and 202,952 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively

2,991,075

3,005,015

Retained earnings (deficit)

97,253

368,065

SSR Mining’s shareholders’ equity

3,088,328

3,373,080

Non-controlling interest

852,814

931,123

Total equity

3,941,142

4,304,203

Total liabilities and equity

$ 5,175,554

$ 5,385,773

[1]

The consolidated assets as of June 30, 2024 and December 31, 2023 include $3,432.1 million and $3,593.5 million, respectively, of assets of variable interest entities (“VIEs”) that can only be used to settle the obligations of the VIEs. As of June 30, 2024 and December 31, 2023, the assets include Cash and cash equivalents of $7.1 million and $42.8 million, respectively; Trade and other receivables of $16.7 million and $30.8 million, respectively; Inventories, current of $77.4 million and $165.2 million, respectively; Prepaids and other current assets of $5.7 million and $8.7 million, respectively; Mineral properties, plant and equipment, net of $3,084.7 million and $3,126.2 million, respectively; Inventories, non-current of $239.0 million and $218.1 million, respectively; and Other non-current assets of $1.5 million and $1.7 million, respectively. The consolidated liabilities as of June 30, 2024 and December 31, 2023 include $584.3 million and $418.6 million, respectively, of liabilities of VIEs whose creditors have no recourse to the Company. As of June 30, 2024 and December 31, 2023, the liabilities include Accounts payable of $2.3 million and $17.8 million, respectively; Accrued liabilities and other of $37.5 million and $32.8 million, respectively; Reclamation and remediation liabilities, current of $142.4 million and $1.8 million, respectively; Finance lease liabilities, non-current of $83.8 million and $86.2 million, respectively; Reclamation and remediation liabilities, non-current of $92.6 million and $36.8 million, respectively; Deferred income tax liabilities of $212.1 million and $232.9 million, respectively; and Other non-current liabilities of $13.6 million and $10.3 million, respectively.

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands

Jun. 30, 2024

Dec. 31, 2023

Statement of Financial Position [Abstract]

Common shares, issued (in shares)

202,096

202,952

Common shares, outstanding (in shares)

202,096

202,952

^[1]

$ 5,175,554

$ 5,385,773

Trade and other receivables

358,307

492,393

110,842

142,180

Prepaids and other current assets

507,706

515,143

18,909

25,715

Mineral properties, plant and equipment, net

3,813,637

3,872,886

Total non-current inventories

238,954

219,808

Other non-current assets

76,478

74,296

Liabilities

^[1]

1,234,412

1,081,570

Accounts payable

23,892

37,095

Accrued liabilities and other

116,437

124,639

Finance Lease, Liability, Current

143,537

3,364

4,685

4,555

Non-current reclamation and remediation liabilities

229,966

170,455

Deferred income tax liabilities

339,581

363,852

Other non-current liabilities

64,469

63,033

Variable Interest Entity, Primary Beneficiary

3,432,100

3,593,500

Trade and other receivables

7,100

42,800

16,700

30,800

Prepaids and other current assets

77,400

165,200

5,700

8,700

Mineral properties, plant and equipment, net

3,084,700

3,126,200

Total non-current inventories

239,000

218,100

Other non-current assets

1,500

1,700

Liabilities

584,300

418,600

Accounts payable

2,300

17,800

Accrued liabilities and other

37,500

32,800

Finance Lease, Liability, Current

142,400

1,800

83,800

86,200

Non-current reclamation and remediation liabilities

92,600

36,800

Deferred income tax liabilities

212,100

232,900

Other non-current liabilities

$ 13,600

$ 10,300

[1]

Condensed Consolidated Statement of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Total equity attributable to SSR Mining shareholders	Common shares	Retained earnings (accumulated deficit)	Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2022			206,653
Beginning balance at Dec. 31, 2022	$ 4,126,199	$ 3,579,737	$ 3,057,920	$ 521,817	$ 546,462
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of common shares (in shares)			(348)
Repurchase of common shares	(5,197)	(5,197)	$ (5,111)	(86)
Exercise of stock options (in shares)			17
Exercise of stock options	216	216	$ 216
Settlement of restricted share units (RSUs) (in shares)			198
Equity-settled stock-based compensation	2,037	2,037	$ 2,037
Dividends declared and paid to SSR Mining shareholders	(14,448)	(14,448)		(14,448)
Net income (loss)	29,004	29,813		29,813	(809)
Ending balance (in shares) at Mar. 31, 2023			206,520
Ending balance at Mar. 31, 2023	4,137,811	3,592,158	$ 3,055,062	537,096	545,653
Beginning balance (in shares) at Dec. 31, 2022			206,653
Beginning balance at Dec. 31, 2022	4,126,199	3,579,737	$ 3,057,920	521,817	546,462
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	151,380
Ending balance (in shares) at Jun. 30, 2023			203,871
Ending balance at Jun. 30, 2023	4,611,728	3,613,687	$ 3,016,844	596,843	998,041
Beginning balance (in shares) at Mar. 31, 2023			206,520
Beginning balance at Mar. 31, 2023	4,137,811	3,592,158	$ 3,055,062	537,096	545,653
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of common shares (in shares)			(2,679)
Repurchase of common shares	(40,108)	(40,108)	$ (39,329)	(779)
Settlement of restricted share units (RSUs) (in shares)			30
Equity-settled stock-based compensation	1,111	1,111	$ 1,111
Dividends declared and paid to SSR Mining shareholders	(14,340)	(14,340)		(14,340)
Acquisition of non-controlling interest	404,878				404,878
Net income (loss)	122,376	74,866		74,866	47,510
Ending balance (in shares) at Jun. 30, 2023			203,871
Ending balance at Jun. 30, 2023	$ 4,611,728	3,613,687	$ 3,016,844	596,843	998,041
Beginning balance (in shares) at Dec. 31, 2023	202,952		202,952
Beginning balance at Dec. 31, 2023	$ 4,304,203	3,373,080	$ 3,005,015	368,065	931,123
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of common shares (in shares)			(1,117)
Repurchase of common shares	(9,825)	(9,825)	$ (16,402)	6,577
Settlement of restricted share units (RSUs) (in shares)			255
Equity-settled stock-based compensation	2,612	2,612	$ 2,612
Net income (loss)	(358,162)	(287,082)		(287,082)	(71,080)
Ending balance (in shares) at Mar. 31, 2024			202,090
Ending balance at Mar. 31, 2024	$ 3,938,828	3,078,785	$ 2,991,225	87,560	860,043
Beginning balance (in shares) at Dec. 31, 2023	202,952		202,952
Beginning balance at Dec. 31, 2023	$ 4,304,203	3,373,080	$ 3,005,015	368,065	931,123
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ (355,698)
Ending balance (in shares) at Jun. 30, 2024	202,096		202,096
Ending balance at Jun. 30, 2024	$ 3,941,142	3,088,328	$ 2,991,075	97,253	852,814
Beginning balance (in shares) at Mar. 31, 2024			202,090
Beginning balance at Mar. 31, 2024	3,938,828	3,078,785	$ 2,991,225	87,560	860,043
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Settlement of restricted share units (RSUs) (in shares)			6
Equity-settled stock-based compensation	(150)	(150)	$ (150)
Net income (loss)	$ 2,464	9,693		9,693	(7,229)
Ending balance (in shares) at Jun. 30, 2024	202,096		202,096
Ending balance at Jun. 30, 2024	$ 3,941,142	$ 3,088,328	$ 2,991,075	$ 97,253	$ 852,814

THE COMPANY	6 Months Ended
THE COMPANY	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY	THE COMPANY SSR Mining Inc. and its subsidiaries (collectively, “SSR Mining” or the “Company”) is a precious metals mining company with four producing assets located in the United States, Türkiye, Canada and Argentina. The Company is principally engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Türkiye and the Americas. The Company produces gold doré as well as copper, silver, lead and zinc concentrates. The Company’s properties include Çöpler Gold Mine (“Çöpler”) in Erzincan, Türkiye, Marigold mine (“Marigold”) in Nevada, USA, Seabee Gold Operation (“Seabee”) in Saskatchewan, Canada, and Puna Operations (“Puna”) in Jujuy, Argentina. The Company also has development projects that it seeks to advance, as market and project conditions permit. SSR Mining is incorporated under the laws of the Province of British Columbia, Canada. The Company's common shares are listed on the Toronto Stock Exchange (“TSX”) in Canada and the Nasdaq Global Select Market (“Nasdaq”) in the U.S. under the symbol “SSRM” and the Australian Securities Exchange (“ASX”) in Australia under the symbol “SSR.” On February 13, 2024, the Company suspended all operations at Çöpler as a result of a significant slip on the heap leach pad (the “Çöpler Incident”). See Note 3 for further details.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Risks and Uncertainties As a mining company, the revenue, profitability and future rate of growth of the Company are substantially dependent on the prevailing prices for gold, silver, lead and zinc. The prices of these metals are volatile and affected by many factors beyond the Company’s control, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Mineral properties, plant and equipment; Inventories; and Deferred income tax assets are sensitive to the outlook for commodity prices. A decline in the Company’s price outlook could result in material impairment charges related to these assets. In addition, the Company maintains cash balances at banking institutions in various jurisdictions which may or may not have deposit insurance. The Company mitigates potential cash risk by maintaining bank accounts with credit-worthy financial institutions. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company's financial condition, results of operations, and cash flows. The Company's business may be impacted by adverse macroeconomic and geopolitical conditions. These conditions include inflation, interest rate and foreign currency fluctuations and slowdown of economic activity around the world. The Company maintains its cash and cash equivalents primarily in United States dollars (“USD”). Any fluctuation in the exchange rate of the Turkish Lira (“TRY”), Canadian Dollar (“CAD”), Argentine Peso (“ARS”), or the currency of any other country in which the Company operates, against the USD could result in a loss on the Company’s books to the extent the Company holds funds or net monetary or non-monetary assets denominated in those currencies, and any fluctuations of currency prices generally may result in volatility. Certain of the Company's operations are located in countries that have in the past and are currently experiencing high rates of inflation. It is possible that in the future, high inflation in the countries in which we operate may result in an increase in operational costs in local currencies (without a concurrent devaluation of the local currency of operations against the dollar or an increase in the dollar price of gold, silver, copper, zinc or lead). Maintaining operating costs in currencies subject to significant inflation could expose us to risks relating to devaluation and high domestic inflation. The Company's business may also be impacted by physical risks that can impact each of its properties, such as those experienced in connection with the Çöpler Incident. Basis of Presentation The Condensed Consolidated Financial Statements have been prepared in accordance with the instructions to Form 10-Q and do not include all information and disclosures required by generally accepted accounting principles in the United States. Therefore, this information should be read in conjunction with SSR Mining Inc.’s Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed on February 27, 2024. The information furnished herein reflects all adjustments that are, in the opinion of management, necessary for a fair statement of the results for the interim periods reported. All such adjustments are, in the opinion of management, of a normal recurring nature. The results for the three and six month periods ended June 30, 2024, are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. Recently Issued Accounting Pronouncements In March 2024, the U.S. Securities and Exchange Commission (“SEC”) issued Final Rule 33-11275 "The Enhancement and Standardization of Climate-Related Disclosures for Investors" (“Final Rule”). The Final Rule requires disclosures regarding information about a registrant's climate-related risks that have a material impact on, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition. In addition, certain disclosures related to capitalized costs, expenditures, and losses incurred as a result of severe weather events and other natural conditions will be required to be disclosed in the footnotes to the audited financial statements. The Final Rule is effective for the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. On April 4, 2024, the SEC stayed the rules pending the resolution of certain legal challenges. The Company is currently evaluating the impact on the consolidated financial statements. In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” ASU 2023-09 enhances the transparency and decision usefulness of income tax disclosures through changes to the rate reconciliation and income taxes paid information. The standard is effective beginning with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent interim periods, with early adoption permitted. The Company is currently evaluating the impact on the consolidated financial statements. In November 2023, the FASB issued ASU 2023-07 “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.” ASU 2023-07 expands public entities’ segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker and included within each reported measure of segment profit or loss and interim disclosures of a reportable segment’s profit or loss and assets. The standard is effective for the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and subsequent interim periods, with early adoption permitted. The Company does not expect the adoption to have a material impact on the consolidated financial statements or disclosures.

ÇÖPLER INCIDENT

6 Months Ended

Jun. 30, 2024

Asset Retirement Obligation Disclosure [Abstract]

ÇÖPLER INCIDENT

Reclamation and remediation liabilities

Reclamation

Remediation

Changes in Reclamation and Remediation liabilities during the six months ended June 30, 2024 were as follows (in thousands):


	2024
Balance as of January 1	$	—
Initial estimate of reclamation and remediation costs		272,903
Payments		(22,466)



Balance as of March 31		250,437
Payments		(54,969)
Balance as of June 30		195,468
Less: current portion		(140,609)
Non-current reclamation and remediation liabilities	$	54,859

Impairment charges

Contingencies and other legal matters

Changes in contingencies related to the Çöpler Incident during the six months ended June 30, 2024 were as follows (in thousands):


	2024
Balance as of January 1	$	—
Initial estimate of contingencies		15,310
Balance as of March 31		15,310
Payments		(2,711)


Balance as of June 30	$	12,599

ACQUISITIONS AND DIVESTITURES	6 Months Ended
ACQUISITIONS AND DIVESTITURES	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS AND DIVESTITURES	ACQUISITIONS AND DIVESTITURES Acquisitions Hod Maden Project On May 8, 2023, the Company, through its wholly owned subsidiary Alacer Gold Corporation, closed on an agreement to acquire a 10% interest in, and operational control of, Artmin Madencilik Sanayi Ve Ticaret A.Ş (“Artmin”) which owns the Hod Maden gold-copper development project, located in northeastern Türkiye (the “Transaction”). Hod Maden was owned 70% by Lidya Madencilik Sanayi ve Ticaret A.Ş (“Lidya Mines”) and 30% by Horizon Copper Corp. (“Horizon”) prior to the closing of the Transaction. Upon closing of the Transaction, the Company made a $120.0 million cash payment to Lidya Mines to acquire a 10% interest in Artmin. The Company has the option to acquire an additional 30% interest in Artmin from Lidya Mines for $120.0 million in structured payments tied to the completion of project construction spending milestones. Additionally, the Company will make contingent payments to Lidya Mines including $30.0 million in milestone payments payable in accordance with an agreed upon schedule beginning at the start of construction and ending on the first anniversary of commercial production and $84.0 million payable upon the delineation of an additional 500,000 gold equivalent ounces of mineral reserves at the Hod Maden project in excess of the project’s current mineral reserves and mineral resources. The Company determined that Artmin is a variable interest entity (“VIE”) for which it is the primary beneficiary and is consolidated under ASC 810 as the Company has the power to direct the significant activities and the right to receive benefits and obligation to absorb losses of Artmin. The assets of Artmin can only be used to settle the obligations of Artmin and not the obligations of the Company. The creditors of Artmin do not have recourse to the assets or general credit of the Company to satisfy its liabilities. The Company concluded that Artmin was not a business based on its assessment under ASC 805 and accounted for the acquisition as an initial consolidation of a VIE that is not a business under ASC 810. The Company incurred transaction costs of approximately $0.4 million in connection with the Transaction included in Other operating expense (income), net in the Condensed Consolidated Statements of Operations. The assets acquired are included in the Corporate and other operating segment. During the three months ended June 30, 2024, Horizon advanced Artmin $3.5 million to help fund working capital. The loan is unsecured, bears interest at the credit default swap premium of Türkiye plus a fixed spread of 4.0% and matures on March 18, 2029. As of June 30, 2024, the balance of the loans was approximately $10.1 million and no repayments have been made. The liability is included in Other non-current liabilities in the Condensed Consolidated Balance Sheets. Divestitures Divestiture of San Luis On May 23, 2024, the Company completed the sale of the San Luis project located in the Ancash department of central Peru to Highlander Silver Corp. (“Highlander Silver”) in exchange for cash of $5.0 million and contingent consideration in the form of cash payments of up to $37.5 million. The Company recognized a gain of $6.7 million included in Other operating expense (income), net in the Consolidated Statements of Operations, calculated as the difference between the fair value of consideration received and the carrying amount of the net assets sold. The fair value of the contingent consideration on the closing date was $2.4 million and is payable in five installments beginning with the commencement of an initial drilling program at the San Luis project and ending on the second anniversary of commercial production. The consideration received does not include certain payments that are contingent upon completion of a feasibility study and commercial production as the consideration is variable and constrained under ASC 606. The consideration will be recorded as a gain in the period in which it is probable that a significant reversal will not occur, which is expected upon advancement of the San Luis project and achievement of project development milestones. The assets were included in Corporate and other in Note 4. The Company retained a 4.0% net smelter return royalty (“NSR”) on the San Luis project, half of which can be repurchased by Highlander Silver for $15.0 million at any time until the commencement of construction.

OPERATING SEGMENTS

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

OPERATING SEGMENTS

The following tables provide a summary of financial information related to the Company's segments (in thousands):


	Three Months Ended June 30, 2024
	Çöpler		Marigold		Seabee		Puna		Segment Total			Corporate and other (1)	Consolidated
Revenue	$	—	$	60,873	$	35,386	$	88,582	$	184,841	$	—	$	184,841
Cost of sales (2)	$	—	$	39,237	$	17,275	$	40,070	$	96,582	$	—	$	96,582
Depreciation, depletion, and amortization	$	—	$	5,745	$	9,477	$	7,789	$	23,011	$	—	$	23,011
Exploration and evaluation	$	298	$	3,971	$	5,190	$	665	$	10,124	$	1,131	$	11,255

Care and maintenance expenses (3)	$	30,556	$	—	$	—	$	—	$	30,556	$	—	$	30,556

Operating income (loss)	$	(33,722)	$	10,745	$	3,104	$	38,490	$	18,617	$	(7,897)	$	10,720
Capital expenditures	$	3,586	$	13,096	$	7,119	$	3,550	$	27,351	$	8,982	$	36,333
Total assets as of June 30, 2024	$	2,736,138	$	801,572	$	411,838	$	283,905	$	4,233,453	$	942,101	$	5,175,554

(2)Excludes depreciation, depletion, and amortization.


	Three Months Ended June 30, 2023
	Çöpler		Marigold		Seabee		Puna		Segment Total		Corporate and other (1)		Consolidated
Revenue	$	97,856	$	117,806	$	30,058	$	55,306	$	301,026	$	—	$	301,026
Cost of sales (2)	$	54,949	$	63,965	$	18,272	$	33,454	$	170,640	$	—	$	170,640
Depreciation, depletion, and amortization	$	20,099	$	9,982	$	8,360	$	6,200	$	44,641	$	—	$	44,641
Exploration and evaluation	$	1,312	$	3,116	$	5,275	$	2,312	$	12,015	$	1,960	$	13,975



Operating income (loss)	$	19,744	$	40,053	$	(2,139)	$	12,552	$	70,210	$	(17,281)	$	52,929
Capital expenditures	$	13,719	$	33,677	$	12,027	$	1,901	$	61,324	$	—	$	61,324
Total assets as of June 30, 2023	$	3,261,738	$	730,579	$	521,586	$	314,706	$	4,828,609	$	910,870	$	5,739,479

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes.

(2)Excludes depreciation, depletion, and amortization.


	Six Months Ended June 30, 2024
	Çöpler		Marigold		Seabee		Puna		Segment Total			Corporate and other (1)	Consolidated
Revenue	$	48,571	$	137,560	$	94,513	$	134,431	$	415,075	$	—	$	415,075
Cost of sales (2)	$	24,423	$	88,308	$	41,708	$	68,044	$	222,483	$	—	$	222,483
Depreciation, depletion, and amortization	$	9,831	$	13,184	$	24,690	$	13,704	$	61,409	$	—	$	61,409
Exploration and evaluation	$	1,072	$	8,065	$	8,736	$	1,000	$	18,873	$	2,613	$	21,486

Care and maintenance expenses (3)	$	44,965	$	—	$	—	$	—	$	44,965	$	—	$	44,965

Operating income (loss)	$	(437,524)	$	26,096	$	18,706	$	49,253	$	(343,469)	$	(22,235)	$	(365,704)
Capital expenditures	$	10,127	$	15,527	$	22,892	$	6,909	$	55,455	$	17,114	$	72,569
Total assets as of June 30, 2024	$	2,736,138	$	801,572	$	411,838	$	283,905	$	4,233,453	$	942,101	$	5,175,554

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes.

(2)Excludes depreciation, depletion, and amortization.


	Six Months Ended June 30, 2023
	Çöpler		Marigold		Seabee		Puna		Segment Total		Corporate and other (1)		Consolidated
Revenue	$	208,369	$	215,974	$	62,151	$	129,146	$	615,640	$	—	$	615,640
Cost of sales (2)	$	129,595	$	118,506	$	41,537	$	80,299	$	369,937	$	—	$	369,937
Depreciation, depletion, and amortization	$	42,750	$	18,556	$	17,347	$	13,083	$	91,736	$	—	$	91,736
Exploration and evaluation	$	1,868	$	6,194	$	9,144	$	3,406	$	20,612	$	3,888	$	24,500



Operating income (loss)	$	31,240	$	71,337	$	(6,457)	$	30,775	$	126,895	$	(36,981)	$	89,914
Capital expenditures	$	23,788	$	63,269	$	20,472	$	4,478	$	112,007	$	—	$	112,007
Total assets as of June 30, 2023	$	3,261,738	$	730,579	$	521,586	$	314,706	$	4,828,609	$	910,870	$	5,739,479

(1)Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes.

(2)Excludes depreciation, depletion, and amortization.

REVENUE

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

REVENUE

The following table represents revenues by product (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Gold doré sales
Çöpler	$	—	$	97,356	$	48,226	$	207,002
Marigold		60,835		117,769		137,498		215,900
Seabee		35,372		30,043		94,474		62,127
Concentrate sales
Puna		82,846		51,211		131,218		117,559
Other (1)
Çöpler		—		500		345		1,367
Marigold		38		37		62		74
Seabee		14		15		39		24
Puna		5,736		4,095		3,213		11,587
Total	$	184,841	$	301,026	$	415,075	$	615,640

Revenue by metal

Revenue by metal type are as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Gold	$	96,207	$	245,168	$	280,198	$	485,029
Silver		69,276		40,932		108,610		90,047
Lead		11,907		9,255		20,369		22,031
Zinc		1,663		1,024		2,239		5,481
Other (1)		5,788		4,647		3,659		13,052
Total	$	184,841	$	301,026	$	415,075	$	615,640

Provisional metal sales

INCOME AND MINING TAXES	6 Months Ended
INCOME AND MINING TAXES	Jun. 30, 2024
Income Tax Disclosure [Abstract]
INCOME AND MINING TAXES	INCOME AND MINING TAXES The Company’s consolidated effective income tax rate was 2.3% for the first six months of 2024 compared to (113.6)% for the first six months of 2023. The primary drivers of the change in the effective rate were due to foreign currency fluctuations and changes in the valuation allowance. The Company’s statutory tax rate for the period is 27.0%. The effective rate differs from the statutory rate primarily due to foreign currency fluctuations and changes in the valuation allowance. On June 19, 2024, Canada’s Bill C-69, Budget Implementation Act, 2024, No. 1, received third reading in the Canadian House of Commons and Pillar Two became substantively enacted for Canadian financial reporting purposes. The legislation is effective for the Company’s financial year beginning January 1, 2024. The Company has limited exposure to additional taxes under Pillar Two as most of its jurisdictions have an effective tax rate greater than the 15%. However, exposure does exist in Argentina where the Company anticipates additional taxes to be assessed in the range of $2.0 million to $10.0 million.

OTHER OPERATING EXPENSES (INCOME), NET

6 Months Ended

Jun. 30, 2024

OTHER OPERATING EXPENSES (INCOME), NET

OTHER OPERATING EXPENSE (INCOME), NET

The following table includes the components of Other operating expense (income), net:


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Loss (gain) on sale and disposal of assets, net	$	(5,599)	$	—	$	(5,599)	$	—
Contingencies and expenses related to the Çöpler incident		2,363		—		17,673		—
Other		87		377		87		375
Total	$	(3,149)	$	377	$	12,161	$	375

OTHER INCOME (EXPENSE)

6 Months Ended

Jun. 30, 2024

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS

OTHER INCOME (EXPENSE)

The following table includes the components of Other income (expense):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Interest income	$	3,505	$	7,271	$	9,801	$	14,917
Gain (loss) on investments and on marketable security sales		7,055		6,550		8,232		11,402
Change in fair value of marketable securities		(3,602)		(746)		(6,419)		1,120


Other		(1,990)		(706)		(2,879)		(2,018)
Total	$	4,968	$	12,369	$	8,735	$	25,421

INCOME (LOSS) PER SHARE

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

INCOME (LOSS) PER SHARE

Potential dilutive common shares include stock options, Restricted Share Units (“RSUs”), and convertible notes for periods in which the Company has reported net income (loss).

The calculations of basic and diluted net income (loss) per share attributable to SSR Mining shareholders are based on the following (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net income (loss)	$	2,464	$	122,376	$	(355,698)	$	151,380
Net (income) loss attributable to non-controlling interest		7,229		(47,510)		78,309		(46,701)
Net income (loss) attributable to SSR Mining shareholders		9,693		74,866		(277,389)		104,679
Interest saving on 2019 Notes, net of tax		—		1,236		—		2,456
Net income (loss) used in the calculation of diluted net income per share	$	9,693	$	76,102	$	(277,389)	$	107,135

Weighted average number of common shares issued		202,133		204,680		202,244		205,723
Adjustments for dilutive instruments:

Restricted share units		274		16		—		13
2019 Notes		—		12,624		—		12,611
Diluted weighted average number of shares outstanding		202,407		217,320		202,244		218,347

Net income (loss) per share attributable to SSR Mining shareholders
Basic	$	0.05	$	0.37	$	(1.37)	$	0.51
Diluted	$	0.05	$	0.35	$	(1.37)	$	0.49

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]


	Fair value at June 30, 2024
	Level 1 (1)		Level 2 (2)		Level 3		Total
Assets:
Cash	$	358,307	$	—	$	—	$	358,307
Restricted cash		101		—		—		101
Marketable securities		33,565		—		—		33,565
Trade receivables from provisional sales, net		—		57,825		—		57,825

Deferred consideration		—		—		25,127		25,127
	$	391,973	$	57,825	$	25,127	$	474,925

Liabilities:
Contingent consideration	$	—	$	—	$	29,410	$	29,410
Option liability - EMX shares (3)		—		1,474		—		1,474
	$	—	$	1,474	$	29,410	$	30,884


	Fair value at December 31, 2023
	Level 1 (1)		Level 2 (2)		Level 3		Total
Assets:
Cash	$	492,393	$	—	$	—	$	492,393
Restricted cash		101		—		—		101
Marketable securities		28,351		—		—		28,351
Trade receivables from provisional sales, net		—		86,897		—		86,897
Deferred consideration		—		—		21,213		21,213
	$	520,845	$	86,897	$	21,213	$	628,955
Liabilities:
Contingent consideration	$	—	$	—	$	29,648	$	29,648
Option liability - EMX shares (3)		—		1,431		—		1,431
	$	—	$	1,431	$	29,648	$	31,079

(3)The fair value of the option liability, which represents the option of the holder to acquire an EMX common share from SSR, was determined using the Black-Scholes model. The inputs to the Black-Scholes model as of December 31, 2023 included the EMX stock price of CAD $2.19 per share, exercise price of CAD $2.27 per unit, one-year maturity, one-year risk-free rate of 4.82%, and annualized volatility of 34.09%.


	Six Months Ended June 30,
	2024		2023
Deferred consideration assets:
Balance as of January 1	$	21,213	$	24,369
Revaluations		1,536		(1,551)
Additions		2,378		—
Collections		—		(474)
Balance as of June 30	$	25,127	$	22,344


	Six Months Ended June 30,
	2024		2023
Contingent consideration liabilities:
Balance as of January 1	$	29,648	$	—
Assumption of deferred consideration		—		28,600
Revaluations		(238)		—



Balance as of June 30	$	29,410	$	28,600

Fair values of financial assets and liabilities not already measured at fair value

The fair value of the 2019 Notes as compared to the carrying amounts were as follows (in thousands):


		June 30, 2024				December 31, 2023
	Level	Carrying amount		Fair value		Carrying amount		Fair value
2019 Notes (1)	1	$	228,040	$	205,213	$	227,516	$	216,545

(1)The fair value disclosed for the Company's 2019 Notes is included in Level 1 as the basis of valuation uses a quoted price in an active market.

TRADE AND OTHER RECEIVABLES

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

TRADE AND OTHER RECEIVABLES

The components of Trade and other receivables are as follows (in thousands):


	June 30, 2024		December 31, 2023
Trade receivables	$	61,329	$	91,340
Value added tax receivables		27,798		30,554
Income tax receivable		1,045		3,172
Other taxes receivable		17,065		11,734
Other		3,605		5,380
Total	$	110,842	$	142,180

No provision for credit loss was recognized as of June 30, 2024 or December 31, 2023. All trade receivables are expected to be settled within twelve months.

INVENTORIES

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

INVENTORIES

The components of Inventories are as follows (in thousands):


	June 30, 2024		December 31, 2023
Materials and supplies	$	119,681	$	104,217
Stockpiled ore		65,251		77,142
Leach pad inventory		290,129		305,271
Work-in-process		14,538		7,189
Finished goods		18,107		21,324
Total current inventories		507,706		515,143

Stockpiled ore		238,954		218,139
Materials and supplies		—		1,669
Total non-current inventories	$	238,954	$	219,808

No write-down of inventory was recognized during the three months ended June 30, 2024 and 2023.

MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET

The components of Mineral properties, plant and equipment, net are as follows (in thousands):


	June 30, 2024		December 31, 2023
Plant and equipment (1)	$	1,864,042	$	1,889,634
Construction in process		103,726		86,304
Mineral properties subject to depletion		2,102,391		2,085,678
Mineral properties not yet subject to depletion		883,038		878,712
Exploration and evaluation assets		253,842		253,842
Total mineral properties, plant, and equipment		5,207,039		5,194,170
Accumulated depreciation, plant and equipment		(751,709)		(714,579)
Accumulated depletion, mineral properties		(641,693)		(606,705)
Mineral properties, plant, and equipment, net	$	3,813,637	$	3,872,886

(1)As of June 30, 2024 and December 31, 2023, plant and equipment includes finance lease right-of-use assets with a carrying amount of $82.2 million and $84.7 million, respectively.

No impairment was recognized for the three months ended June 30, 2024 and 2023.

ACCRUED LIABILITIES AND OTHER

6 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

ACCRUED LIABILITIES AND OTHER

The components of Accrued liabilities and other are as follows (in thousands):


	June 30, 2024		December 31, 2023
Accrued liabilities	$	87,580	$	66,478
Royalties payable		5,946		28,550
Stock-based compensation liabilities		3,546		9,048

Income taxes payable		12,869		16,392
Lease liabilities		1,537		1,545

Other		4,959		2,626
Total accrued liabilities and other	$	116,437	$	124,639

DEBT

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

DEBT

The following tables summarize the Company’s debt balances (in thousands):


	June 30, 2024		December 31, 2023
2019 Notes (1)	$	228,040		$	227,516


Other		—			920
Total carrying amount	$	228,040		$	228,436

Current Portion	$	—		$	920
Non-Current Portion	$	228,040		$	227,516

(1)Amount is net of discount and debt issuance costs of $2.0 million and $2.5 million, respectively.

EQUITY	6 Months Ended
EQUITY	Jun. 30, 2024
Equity [Abstract]
EQUITY	EQUITY Repurchase of common shares On June 16, 2023, the Company received approval of its Normal Course Issuer Bid ("2023 NCIB") to purchase for cancellation up to 10.2 million of its common shares through the facilities of the TSX, Nasdaq or other Canadian and U.S. marketplaces over a twelve-month period beginning June 20, 2023 and ending June 19, 2024. On November 27, 2023, in connection with the 2023 NCIB, the Company entered into an automatic share purchase plan with its broker to allow for the repurchase of shares at times when the Company ordinarily would not be active in the market due to regulatory restrictions and customary self-imposed blackout periods. Following the Çöpler Incident, the Company terminated the automatic share purchase plan effective March 1, 2024. On June 19, 2023, the Normal Course Issuer Bid established as of June 20, 2022 (the “2022 NCIB”), expired. Under the 2022 NCIB, the Company was authorized to purchase for cancellation up to 10.6 million of its common shares through the facilities of the TSX, Nasdaq or other Canadian and U.S. marketplaces over a twelve-month period. Prior to the Çöpler Incident, during the three and six months ended June 30, 2024, the Company purchased 1,117,100 of its outstanding common shares at an average share price of $8.79 per share for total consideration of $9.8 million. All shares were cancelled upon purchase. The difference of $6.6 million between the total amount paid and the amount deducted from common shares of $16.4 million was recorded as an increase to retained earnings. The amount deducted from common shares was determined based on the average paid in capital per common share outstanding prior to the repurchase date. During the three and six months ended June 30, 2023, the Company purchased 2,678,822 and 3,026,993 of its outstanding common shares at an average share price of $14.97 and $14.97 per share, respectively, for total consideration of $40.1 million and $45.3 million. All shares were cancelled upon purchase. During the three and six months ended, the difference of $0.8 million and $0.9 million between the total amount paid and the amount deducted from common shares of $39.3 million and $44.4 million was recorded as a direct charge to retained earnings. The amount deducted from common shares was determined based on the average paid in capital per common share outstanding prior to the repurchase date.

SUPPLEMENTAL CASH FLOW INFORMATION

6 Months Ended

Jun. 30, 2024

Supplemental Cash Flow Information [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

Net change in operating assets and liabilities were as follows (in thousands):


	Six Months Ended June 30,
	2024		2023
Decrease (increase) in operating assets:
Trade and other receivables	$	29,694	$	(9,532)
Inventories		(78,078)		(56,371)
Other operating assets		6,381		(911)
Increase (decrease) in operating liabilities:
Accounts payable		(13,135)		(22,700)
Accrued liabilities and other		(6,750)		(17,488)
Reclamation and remediation liabilities		(290)		(791)
Other operating liabilities		(487)		(4,031)
	$	(62,665)	$	(111,824)

Other cash information was as follows (in thousands):


	Six Months Ended June 30,
	2024		2023
Interest paid	$	(3,735)	$	(9,260)
Interest received	$	9,216	$	9,475
Income taxes paid	$	(21,558)	$	(21,643)

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES General Estimated losses from loss contingencies are accrued by a charge to income when information is available prior to the issuance of the financial statements that indicates it is probable that a liability could be incurred, and the amount of the loss can by reasonably estimated. Legal expenses associated with the loss contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure of the loss contingency is made in the financial statements when it is at least reasonably possible that a material loss could be incurred. Environmental matters The Company uses surety bonds to support certain environmental bonding obligations. As of June 30, 2024 and December 31, 2023, the Company had surety bonds totaling $141.8 million and $142.7 million outstanding, respectively. Other commitments and contingencies During the first quarter 2024, the Company recorded $15.3 million of contingencies related to the Çöpler Incident in Other operating expense (income), net in the Condensed Consolidated Statements of Operations and Accrued liabilities and other in the Condensed Consolidated Balance Sheets as of March 31, 2024. See Note 3 for further details. Following the Çöpler Incident, the Company has been named as a defendant in six securities class actions and is subject to various risks and contingencies arising in the normal course of business. Based on the information currently available to the Company, no liability has been recorded for these lawsuits because the Company believes that any such liability is not probable and reasonably estimable at this time.

SUBSEQUENT EVENTS	6 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Türkiye corporate minimum tax On July 28, 2024, the Republic of Türkiye enacted its version of a domestic corporate minimum tax of 10% and a 15% global corporate minimum tax. The Turkish global minimum tax is to be effective for tax years beginning on or after January 1, 2024 whereas the domestic minimum tax will be effective for tax years beginning on or after January 1, 2025. The Company is still in the process of assessing its potential exposure to the new minimum taxes in Türkiye.

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 9,693	$ 74,866	$ (277,389)	$ 104,679

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2024
Accounting Policies [Abstract]
Risks and Uncertainties	Risks and Uncertainties As a mining company, the revenue, profitability and future rate of growth of the Company are substantially dependent on the prevailing prices for gold, silver, lead and zinc. The prices of these metals are volatile and affected by many factors beyond the Company’s control, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Mineral properties, plant and equipment; Inventories; and Deferred income tax assets are sensitive to the outlook for commodity prices. A decline in the Company’s price outlook could result in material impairment charges related to these assets. In addition, the Company maintains cash balances at banking institutions in various jurisdictions which may or may not have deposit insurance. The Company mitigates potential cash risk by maintaining bank accounts with credit-worthy financial institutions. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company's financial condition, results of operations, and cash flows. The Company's business may be impacted by adverse macroeconomic and geopolitical conditions. These conditions include inflation, interest rate and foreign currency fluctuations and slowdown of economic activity around the world. The Company maintains its cash and cash equivalents primarily in United States dollars (“USD”). Any fluctuation in the exchange rate of the Turkish Lira (“TRY”), Canadian Dollar (“CAD”), Argentine Peso (“ARS”), or the currency of any other country in which the Company operates, against the USD could result in a loss on the Company’s books to the extent the Company holds funds or net monetary or non-monetary assets denominated in those currencies, and any fluctuations of currency prices generally may result in volatility. Certain of the Company's operations are located in countries that have in the past and are currently experiencing high rates of inflation. It is possible that in the future, high inflation in the countries in which we operate may result in an increase in operational costs in local currencies (without a concurrent devaluation of the local currency of operations against the dollar or an increase in the dollar price of gold, silver, copper, zinc or lead). Maintaining operating costs in currencies subject to significant inflation could expose us to risks relating to devaluation and high domestic inflation. The Company's business may also be impacted by physical risks that can impact each of its properties, such as those experienced in connection with the Çöpler Incident.
Basis of Presentation	Basis of Presentation The Condensed Consolidated Financial Statements have been prepared in accordance with the instructions to Form 10-Q and do not include all information and disclosures required by generally accepted accounting principles in the United States. Therefore, this information should be read in conjunction with SSR Mining Inc.’s Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed on February 27, 2024. The information furnished herein reflects all adjustments that are, in the opinion of management, necessary for a fair statement of the results for the interim periods reported. All such adjustments are, in the opinion of management, of a normal recurring nature. The results for the three and six month periods ended June 30, 2024, are not necessarily indicative of the results that may be expected for the year ending December 31, 2024.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In March 2024, the U.S. Securities and Exchange Commission (“SEC”) issued Final Rule 33-11275 "The Enhancement and Standardization of Climate-Related Disclosures for Investors" (“Final Rule”). The Final Rule requires disclosures regarding information about a registrant's climate-related risks that have a material impact on, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition. In addition, certain disclosures related to capitalized costs, expenditures, and losses incurred as a result of severe weather events and other natural conditions will be required to be disclosed in the footnotes to the audited financial statements. The Final Rule is effective for the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. On April 4, 2024, the SEC stayed the rules pending the resolution of certain legal challenges. The Company is currently evaluating the impact on the consolidated financial statements. In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” ASU 2023-09 enhances the transparency and decision usefulness of income tax disclosures through changes to the rate reconciliation and income taxes paid information. The standard is effective beginning with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent interim periods, with early adoption permitted. The Company is currently evaluating the impact on the consolidated financial statements. In November 2023, the FASB issued ASU 2023-07 “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.” ASU 2023-07 expands public entities’ segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker and included within each reported measure of segment profit or loss and interim disclosures of a reportable segment’s profit or loss and assets. The standard is effective for the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and subsequent interim periods, with early adoption permitted. The Company does not expect the adoption to have a material impact on the consolidated financial statements or disclosures.

ÇÖPLER INCIDENT (Tables)

6 Months Ended

Jun. 30, 2024

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Changes In Reclamation Liabilities

Changes in Reclamation and Remediation liabilities during the six months ended June 30, 2024 were as follows (in thousands):


	2024
Balance as of January 1	$	—
Initial estimate of reclamation and remediation costs		272,903
Payments		(22,466)



Balance as of March 31		250,437
Payments		(54,969)
Balance as of June 30		195,468
Less: current portion		(140,609)
Non-current reclamation and remediation liabilities	$	54,859

Schedule of Changes In Contingencies

Changes in contingencies related to the Çöpler Incident during the six months ended June 30, 2024 were as follows (in thousands):


	2024
Balance as of January 1	$	—
Initial estimate of contingencies		15,310
Balance as of March 31		15,310
Payments		(2,711)


Balance as of June 30	$	12,599

OPERATING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables provide a summary of financial information related to the Company's segments (in thousands):


	Three Months Ended June 30, 2024
	Çöpler		Marigold		Seabee		Puna		Segment Total			Corporate and other (1)	Consolidated
Revenue	$	—	$	60,873	$	35,386	$	88,582	$	184,841	$	—	$	184,841
Cost of sales (2)	$	—	$	39,237	$	17,275	$	40,070	$	96,582	$	—	$	96,582
Depreciation, depletion, and amortization	$	—	$	5,745	$	9,477	$	7,789	$	23,011	$	—	$	23,011
Exploration and evaluation	$	298	$	3,971	$	5,190	$	665	$	10,124	$	1,131	$	11,255

Care and maintenance expenses (3)	$	30,556	$	—	$	—	$	—	$	30,556	$	—	$	30,556

Operating income (loss)	$	(33,722)	$	10,745	$	3,104	$	38,490	$	18,617	$	(7,897)	$	10,720
Capital expenditures	$	3,586	$	13,096	$	7,119	$	3,550	$	27,351	$	8,982	$	36,333
Total assets as of June 30, 2024	$	2,736,138	$	801,572	$	411,838	$	283,905	$	4,233,453	$	942,101	$	5,175,554

(2)Excludes depreciation, depletion, and amortization.


	Three Months Ended June 30, 2023
	Çöpler		Marigold		Seabee		Puna		Segment Total		Corporate and other (1)		Consolidated
Revenue	$	97,856	$	117,806	$	30,058	$	55,306	$	301,026	$	—	$	301,026
Cost of sales (2)	$	54,949	$	63,965	$	18,272	$	33,454	$	170,640	$	—	$	170,640
Depreciation, depletion, and amortization	$	20,099	$	9,982	$	8,360	$	6,200	$	44,641	$	—	$	44,641
Exploration and evaluation	$	1,312	$	3,116	$	5,275	$	2,312	$	12,015	$	1,960	$	13,975



Operating income (loss)	$	19,744	$	40,053	$	(2,139)	$	12,552	$	70,210	$	(17,281)	$	52,929
Capital expenditures	$	13,719	$	33,677	$	12,027	$	1,901	$	61,324	$	—	$	61,324
Total assets as of June 30, 2023	$	3,261,738	$	730,579	$	521,586	$	314,706	$	4,828,609	$	910,870	$	5,739,479

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes.

(2)Excludes depreciation, depletion, and amortization.


	Six Months Ended June 30, 2024
	Çöpler		Marigold		Seabee		Puna		Segment Total			Corporate and other (1)	Consolidated
Revenue	$	48,571	$	137,560	$	94,513	$	134,431	$	415,075	$	—	$	415,075
Cost of sales (2)	$	24,423	$	88,308	$	41,708	$	68,044	$	222,483	$	—	$	222,483
Depreciation, depletion, and amortization	$	9,831	$	13,184	$	24,690	$	13,704	$	61,409	$	—	$	61,409
Exploration and evaluation	$	1,072	$	8,065	$	8,736	$	1,000	$	18,873	$	2,613	$	21,486

Care and maintenance expenses (3)	$	44,965	$	—	$	—	$	—	$	44,965	$	—	$	44,965

Operating income (loss)	$	(437,524)	$	26,096	$	18,706	$	49,253	$	(343,469)	$	(22,235)	$	(365,704)
Capital expenditures	$	10,127	$	15,527	$	22,892	$	6,909	$	55,455	$	17,114	$	72,569
Total assets as of June 30, 2024	$	2,736,138	$	801,572	$	411,838	$	283,905	$	4,233,453	$	942,101	$	5,175,554

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes.

(2)Excludes depreciation, depletion, and amortization.


	Six Months Ended June 30, 2023
	Çöpler		Marigold		Seabee		Puna		Segment Total		Corporate and other (1)		Consolidated
Revenue	$	208,369	$	215,974	$	62,151	$	129,146	$	615,640	$	—	$	615,640
Cost of sales (2)	$	129,595	$	118,506	$	41,537	$	80,299	$	369,937	$	—	$	369,937
Depreciation, depletion, and amortization	$	42,750	$	18,556	$	17,347	$	13,083	$	91,736	$	—	$	91,736
Exploration and evaluation	$	1,868	$	6,194	$	9,144	$	3,406	$	20,612	$	3,888	$	24,500



Operating income (loss)	$	31,240	$	71,337	$	(6,457)	$	30,775	$	126,895	$	(36,981)	$	89,914
Capital expenditures	$	23,788	$	63,269	$	20,472	$	4,478	$	112,007	$	—	$	112,007
Total assets as of June 30, 2023	$	3,261,738	$	730,579	$	521,586	$	314,706	$	4,828,609	$	910,870	$	5,739,479

(1)Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes.

(2)Excludes depreciation, depletion, and amortization.

REVENUE (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table represents revenues by product (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Gold doré sales
Çöpler	$	—	$	97,356	$	48,226	$	207,002
Marigold		60,835		117,769		137,498		215,900
Seabee		35,372		30,043		94,474		62,127
Concentrate sales
Puna		82,846		51,211		131,218		117,559
Other (1)
Çöpler		—		500		345		1,367
Marigold		38		37		62		74
Seabee		14		15		39		24
Puna		5,736		4,095		3,213		11,587
Total	$	184,841	$	301,026	$	415,075	$	615,640

Revenue by metal type are as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Gold	$	96,207	$	245,168	$	280,198	$	485,029
Silver		69,276		40,932		108,610		90,047
Lead		11,907		9,255		20,369		22,031
Zinc		1,663		1,024		2,239		5,481
Other (1)		5,788		4,647		3,659		13,052
Total	$	184,841	$	301,026	$	415,075	$	615,640

OTHER OPERATING EXPENSES (INCOME), NET (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Other Operating Expenses (Income), Net

The following table includes the components of Other operating expense (income), net:


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Loss (gain) on sale and disposal of assets, net	$	(5,599)	$	—	$	(5,599)	$	—
Contingencies and expenses related to the Çöpler incident		2,363		—		17,673		—
Other		87		377		87		375
Total	$	(3,149)	$	377	$	12,161	$	375

OTHER INCOME (EXPENSE) (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Other Income (Expense)

The following table includes the components of Other income (expense):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Interest income	$	3,505	$	7,271	$	9,801	$	14,917
Gain (loss) on investments and on marketable security sales		7,055		6,550		8,232		11,402
Change in fair value of marketable securities		(3,602)		(746)		(6,419)		1,120


Other		(1,990)		(706)		(2,879)		(2,018)
Total	$	4,968	$	12,369	$	8,735	$	25,421

INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share, Basic and Diluted

The calculations of basic and diluted net income (loss) per share attributable to SSR Mining shareholders are based on the following (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net income (loss)	$	2,464	$	122,376	$	(355,698)	$	151,380
Net (income) loss attributable to non-controlling interest		7,229		(47,510)		78,309		(46,701)
Net income (loss) attributable to SSR Mining shareholders		9,693		74,866		(277,389)		104,679
Interest saving on 2019 Notes, net of tax		—		1,236		—		2,456
Net income (loss) used in the calculation of diluted net income per share	$	9,693	$	76,102	$	(277,389)	$	107,135

Weighted average number of common shares issued		202,133		204,680		202,244		205,723
Adjustments for dilutive instruments:

Restricted share units		274		16		—		13
2019 Notes		—		12,624		—		12,611
Diluted weighted average number of shares outstanding		202,407		217,320		202,244		218,347

Net income (loss) per share attributable to SSR Mining shareholders
Basic	$	0.05	$	0.37	$	(1.37)	$	0.51
Diluted	$	0.05	$	0.35	$	(1.37)	$	0.49

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, by Balance Sheet Grouping

The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring (at least annually) and nonrecurring basis by level within the fair value hierarchy (in thousands):


	Fair value at June 30, 2024
	Level 1 (1)		Level 2 (2)		Level 3		Total
Assets:
Cash	$	358,307	$	—	$	—	$	358,307
Restricted cash		101		—		—		101
Marketable securities		33,565		—		—		33,565
Trade receivables from provisional sales, net		—		57,825		—		57,825

Deferred consideration		—		—		25,127		25,127
	$	391,973	$	57,825	$	25,127	$	474,925

Liabilities:
Contingent consideration	$	—	$	—	$	29,410	$	29,410
Option liability - EMX shares (3)		—		1,474		—		1,474
	$	—	$	1,474	$	29,410	$	30,884


	Fair value at December 31, 2023
	Level 1 (1)		Level 2 (2)		Level 3		Total
Assets:
Cash	$	492,393	$	—	$	—	$	492,393
Restricted cash		101		—		—		101
Marketable securities		28,351		—		—		28,351
Trade receivables from provisional sales, net		—		86,897		—		86,897
Deferred consideration		—		—		21,213		21,213
	$	520,845	$	86,897	$	21,213	$	628,955
Liabilities:
Contingent consideration	$	—	$	—	$	29,648	$	29,648
Option liability - EMX shares (3)		—		1,431		—		1,431
	$	—	$	1,431	$	29,648	$	31,079

(3)The fair value of the option liability, which represents the option of the holder to acquire an EMX common share from SSR, was determined using the Black-Scholes model. The inputs to the Black-Scholes model as of December 31, 2023 included the EMX stock price of CAD $2.19 per share, exercise price of CAD $2.27 per unit, one-year maturity, one-year risk-free rate of 4.82%, and annualized volatility of 34.09%.

Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following table reconciles the beginning and ending balances for financial instruments that are recognized at fair value using significant unobservable inputs (Level 3) in the consolidated financial statements (in thousands):


	Six Months Ended June 30,
	2024		2023
Deferred consideration assets:
Balance as of January 1	$	21,213	$	24,369
Revaluations		1,536		(1,551)
Additions		2,378		—
Collections		—		(474)
Balance as of June 30	$	25,127	$	22,344


	Six Months Ended June 30,
	2024		2023
Contingent consideration liabilities:
Balance as of January 1	$	29,648	$	—
Assumption of deferred consideration		—		28,600
Revaluations		(238)		—



Balance as of June 30	$	29,410	$	28,600

Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation


	Six Months Ended June 30,
	2024		2023
Deferred consideration assets:
Balance as of January 1	$	21,213	$	24,369
Revaluations		1,536		(1,551)
Additions		2,378		—
Collections		—		(474)
Balance as of June 30	$	25,127	$	22,344


	Six Months Ended June 30,
	2024		2023
Contingent consideration liabilities:
Balance as of January 1	$	29,648	$	—
Assumption of deferred consideration		—		28,600
Revaluations		(238)		—



Balance as of June 30	$	29,410	$	28,600

Schedule of Fair Value Disclosure of Asset and Liability Not Measured at Fair Value

The fair value of the 2019 Notes as compared to the carrying amounts were as follows (in thousands):


		June 30, 2024				December 31, 2023
	Level	Carrying amount		Fair value		Carrying amount		Fair value
2019 Notes (1)	1	$	228,040	$	205,213	$	227,516	$	216,545

(1)The fair value disclosed for the Company's 2019 Notes is included in Level 1 as the basis of valuation uses a quoted price in an active market.

TRADE AND OTHER RECEIVABLES (Tables)

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

The components of Trade and other receivables are as follows (in thousands):


	June 30, 2024		December 31, 2023
Trade receivables	$	61,329	$	91,340
Value added tax receivables		27,798		30,554
Income tax receivable		1,045		3,172
Other taxes receivable		17,065		11,734
Other		3,605		5,380
Total	$	110,842	$	142,180

INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Schedule of Inventory, Current

The components of Inventories are as follows (in thousands):


	June 30, 2024		December 31, 2023
Materials and supplies	$	119,681	$	104,217
Stockpiled ore		65,251		77,142
Leach pad inventory		290,129		305,271
Work-in-process		14,538		7,189
Finished goods		18,107		21,324
Total current inventories		507,706		515,143

Stockpiled ore		238,954		218,139
Materials and supplies		—		1,669
Total non-current inventories	$	238,954	$	219,808

Schedule of Inventory, Noncurrent

The components of Inventories are as follows (in thousands):


	June 30, 2024		December 31, 2023
Materials and supplies	$	119,681	$	104,217
Stockpiled ore		65,251		77,142
Leach pad inventory		290,129		305,271
Work-in-process		14,538		7,189
Finished goods		18,107		21,324
Total current inventories		507,706		515,143

Stockpiled ore		238,954		218,139
Materials and supplies		—		1,669
Total non-current inventories	$	238,954	$	219,808

MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Schedule of Mineral Properties, Plant and Equipment

The components of Mineral properties, plant and equipment, net are as follows (in thousands):


	June 30, 2024		December 31, 2023
Plant and equipment (1)	$	1,864,042	$	1,889,634
Construction in process		103,726		86,304
Mineral properties subject to depletion		2,102,391		2,085,678
Mineral properties not yet subject to depletion		883,038		878,712
Exploration and evaluation assets		253,842		253,842
Total mineral properties, plant, and equipment		5,207,039		5,194,170
Accumulated depreciation, plant and equipment		(751,709)		(714,579)
Accumulated depletion, mineral properties		(641,693)		(606,705)
Mineral properties, plant, and equipment, net	$	3,813,637	$	3,872,886

(1)As of June 30, 2024 and December 31, 2023, plant and equipment includes finance lease right-of-use assets with a carrying amount of $82.2 million and $84.7 million, respectively.

ACCRUED LIABILITIES AND OTHER (Tables)

6 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Schedule of Accounts Liabilities and Other

The components of Accrued liabilities and other are as follows (in thousands):


	June 30, 2024		December 31, 2023
Accrued liabilities	$	87,580	$	66,478
Royalties payable		5,946		28,550
Stock-based compensation liabilities		3,546		9,048

Income taxes payable		12,869		16,392
Lease liabilities		1,537		1,545

Other		4,959		2,626
Total accrued liabilities and other	$	116,437	$	124,639

DEBT (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The following tables summarize the Company’s debt balances (in thousands):


	June 30, 2024		December 31, 2023
2019 Notes (1)	$	228,040		$	227,516


Other		—			920
Total carrying amount	$	228,040		$	228,436

Current Portion	$	—		$	920
Non-Current Portion	$	228,040		$	227,516

(1)Amount is net of discount and debt issuance costs of $2.0 million and $2.5 million, respectively.

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

Supplemental Cash Flow Information [Abstract]

Schedule of Cash Flow, Supplemental Disclosures

Net change in operating assets and liabilities were as follows (in thousands):


	Six Months Ended June 30,
	2024		2023
Decrease (increase) in operating assets:
Trade and other receivables	$	29,694	$	(9,532)
Inventories		(78,078)		(56,371)
Other operating assets		6,381		(911)
Increase (decrease) in operating liabilities:
Accounts payable		(13,135)		(22,700)
Accrued liabilities and other		(6,750)		(17,488)
Reclamation and remediation liabilities		(290)		(791)
Other operating liabilities		(487)		(4,031)
	$	(62,665)	$	(111,824)

Other cash information was as follows (in thousands):


	Six Months Ended June 30,
	2024		2023
Interest paid	$	(3,735)	$	(9,260)
Interest received	$	9,216	$	9,475
Income taxes paid	$	(21,558)	$	(21,643)

THE COMPANY (Details)	Jun. 30, 2024 mine
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of producing mines	4

ÇÖPLER INCIDENT - Narrative (Details) - USD ($)		3 Months Ended			6 Months Ended
ÇÖPLER INCIDENT - Narrative (Details) - USD ($)	Mar. 31, 2024	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Impairment charges		$ 0		$ 0	$ 114,230,000	$ 0
Çöpler Incident
Segment Reporting Information [Line Items]
Direct costs		17,300,000			25,000,000
Depreciation		13,300,000			$ 20,000,000
Estimated future cost	$ 250,000,000
Incurred remediation costs			$ 22,500,000
Reclamation adjustments, changes in estimates			11,200,000
Increase to remediation liability			261,700,000
Impairment charges		$ 0	114,200,000	$ 0		$ 0
Contingencies related to the Çöpler incident			15,310,000
Çöpler Incident \| Inventories
Segment Reporting Information [Line Items]
Impairment charges			76,000,000
Çöpler Incident \| Mineral properties, plant and equipment, net
Segment Reporting Information [Line Items]
Impairment charges			$ 38,200,000
Çöpler Incident \| Minimum
Segment Reporting Information [Line Items]
Estimated future cost	250,000,000.0
Çöpler Incident \| Maximum
Segment Reporting Information [Line Items]
Estimated future cost	$ 300,000,000

ÇÖPLER INCIDENT - Change Reclamation Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Reclamation Liabilities [Roll Forward]
Less: current portion	$ (143,537)		$ (3,364)
Non-current reclamation and remediation liabilities	229,966		$ 170,455
Çöpler Incident
Reclamation Liabilities [Roll Forward]
Balance as of January 1	250,437	$ 0
Initial estimate of reclamation and remediation costs		272,903
Payments	(54,969)	(22,466)
Balance as of March 31	195,468	$ 250,437
Less: current portion	(140,609)
Non-current reclamation and remediation liabilities	$ 54,859

ÇÖPLER INCIDENT - Changes in Contingencies (Details) - Çöpler Incident - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024
Loss Contingency Accrual [Roll Forward]
Balance as of January 1	$ 15,310	$ 0
Initial estimate of contingencies		15,310
Payments	(2,711)
Balance as of March 31	$ 12,599	$ 15,310

ACQUISITIONS AND DIVESTITURES - Acquisition of Hod Maden (Details)

6 Months Ended

May 08, 2023

USD ($)

goldEquivalentOunce

Jun. 30, 2024

USD ($)

Jun. 30, 2023

USD ($)

Dec. 31, 2023

USD ($)

^[1]

$ 0

$ 119,925,000

Contingent consideration

29,410,000

$ 29,648,000

Long-term debt

228,040,000

$ 228,436,000

Repayments of debt

920,000

35,336,000

Lydia Mines | Hod Maden

Ownership percentage by parent (as a percent)

70.00%

Horizon | Hod Maden

Ownership percentage by noncontrolling owners (as a percent)

30.00%

Hod Maden

Business acquisition, option, percentage of voting interests acquired (as a percent)

$ 120,000,000.0

$ 120,000,000

30.00%

Transaction costs

$ 400,000

Hod Maden | Completion of Operational Milestones

Hod Maden | Delineation of New Reserves

Contingent consideration

30,000,000

Business combination, contingent consideration, liability, additional mineral reserves required | goldEquivalentOunce

Contingent consideration

$ 84,000,000

500,000

Hod Maden | Horizon | Unsecured Debt

Interest rate, stated (as a percent)

Advances to affiliate

$ 3,500,000

4.00%

Long-term debt

$ 10,100,000

Repayments of debt

$ 0

Lydia Mines | Hod Maden

Voting interest acquired (as a percent)

10.00%

[1]	Acquisitions, net for the six months ended June 30, 2023 is comprised of $120.0 million cash paid in the acquisition of Hod Maden Project, net of cash and cash equivalents acquired.

ACQUISITIONS AND DIVESTITURES - Divestiture of San Luis (Details) $ in Thousands		3 Months Ended		6 Months Ended
	May 23, 2024 USD ($) installment	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)
Business Acquisition [Line Items]
Gain on sale of business		$ 5,599	$ 0	$ 5,599	$ 0
Disposal Group, Disposed of by Sale \| San Luis Project
Business Acquisition [Line Items]
Consideration	$ 5,000
Consideration payments	37,500
Gain on sale of business	6,700
Contingent consideration	$ 2,400
Number of installments \| installment	5
Royalty fee (as a percent)	4.00%
Royalty fee, available for repurchase	$ 15,000

OPERATING SEGMENTS - Narrative (Details)	Jun. 30, 2024 mine
Segment Reporting [Abstract]
Number of producing mines	4

OPERATING SEGMENTS - Disaggregation of Segments (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2024

Jun. 30, 2023

Jun. 30, 2024

Jun. 30, 2023

Dec. 31, 2023

^[2]

$ 184,841

$ 301,026

$ 415,075

$ 615,640

^[1]

96,582

170,640

222,483

369,937

23,011

44,641

61,409

91,736

11,255

13,975

21,486

24,500

30,556

44,965

10,720

52,929

(365,704)

89,914

36,333

61,324

72,569

112,007

5,175,554

^[2]

5,739,479

5,175,554

^[2]

5,739,479

$ 5,385,773

Operating segments

184,841

301,026

415,075

615,640

96,582

170,640

222,483

369,937

23,011

44,641

61,409

91,736

10,124

12,015

18,873

20,612

30,556

44,965

18,617

70,210

(343,469)

126,895

27,351

61,324

55,455

112,007

Operating segments | Çöpler

4,233,453

4,828,609

4,233,453

4,828,609

97,856

48,571

208,369

54,949

24,423

129,595

20,099

9,831

42,750

298

1,312

1,072

1,868

30,556

44,965

(33,722)

19,744

(437,524)

31,240

3,586

13,719

10,127

23,788

Operating segments | Marigold

2,736,138

3,261,738

2,736,138

3,261,738

Direct costs

17,300

25,000

Depreciation

13,300

20,000

60,873

117,806

137,560

215,974

39,237

63,965

88,308

118,506

5,745

9,982

13,184

18,556

3,971

3,116

8,065

6,194

10,745

40,053

26,096

71,337

13,096

33,677

15,527

63,269

Operating segments | Seabee

801,572

730,579

801,572

730,579

35,386

30,058

94,513

62,151

17,275

18,272

41,708

41,537

9,477

8,360

24,690

17,347

5,190

5,275

8,736

9,144

3,104

(2,139)

18,706

(6,457)

7,119

12,027

22,892

20,472

Operating segments | Puna

411,838

521,586

411,838

521,586

88,582

55,306

134,431

129,146

40,070

33,454

68,044

80,299

7,789

6,200

13,704

13,083

665

2,312

1,000

3,406

38,490

12,552

49,253

30,775

3,550

1,901

6,909

4,478

283,905

314,706

283,905

314,706

Corporate and other

1,131

1,960

2,613

3,888

(7,897)

(17,281)

(22,235)

(36,981)

8,982

17,114