SSR Mining sees 2018 gold production 340K gold equivalent ounces
SSR Mining expect to produce 340K gold equivalent ounces in 2018 at gold equivalent cash costs of between $715 and $770 per ounce. On an attributable basis, we expect to produce 325K gold equivalent ounces in 2018 at gold equivalent cash costs of between $705 and $760 per ounce. Marigold production is expected to remain at or near the levels achieved in 2017 as the mine benefits from sustaining higher mining rates and expanded leach pad infrastructure. Cash cost guidance is $725 to $775 per payable gold ounce. Sustaining capital expenditures are expected to total approximately $35M including $18M for maintenance and purchase of mobile fleet and $10M for leach pad construction and pumping upgrades. Quarterly production is expected to be 40K-60K ounces of gold during the year. Production in Q1 is expected to be near the lower end and production in Q4 near the upper end of the range.