News

SSR Mining hits 5 Moz production milestone at Marigold mine

Posted on 31 Dec 2024

SSR Mining Inc has announced that the Marigold Mine, in Nevada, USA, achieved 5 Moz of gold production on December 30, 2024.

Marigold has been in continuous operation for more than 35 years and has produced more than 2 Moz of gold since its acquisition by SSR Mining in 2014, including a record 278,000 oz of gold production in 2023.

Marigold is a large run-of-mine heap leach operation with several open pits, waste rock stockpiles, leach pads, a carbon absorption facility, and a carbon processing and gold refining facility. The gold doré bars produced at the mine are shipped to a third-party refinery.

Rod Antal, Executive Chairman of SSR Mining, said: “We are very proud of the Marigold team for this significant milestone. Producing 5 Moz of gold over 35 years of continuous operations is a testament to the quality of the Marigold mine and its team. Of note, Marigold still hosted nearly 3 Moz of mineral reserves as of December 31, 2023, supporting a mine life of at least nine years.

“In 2024, we targeted approximately $10 million in growth expenditures at Marigold as we continue to invest meaningfully in mine life extension opportunities at the mine, including at the Buffalo Valley project.

“We look forward to many more years of safe, responsible and successful operations at Marigold going forward.”