SSR Mining (formerly Silver Standard Resources)

SSR Mining, formerly Silver Standard Resources is a Vancouver based gold, silver, zinc and tin producer that owns the largest silver mine in Argentina.

In addition it engages in exploration activity throughout the America’s (6 countries) and Australia. Though its assets consist of 14 properties scattered across three continents it currently (January 2011) receives revenue from only one operation (Pirquitas, Argentina which started operating in December 2009).

Silver Standard also has a total gold resource of over 3.5 million ounces though 2P reserves represent only 5%. 12 of the 14 projects are 100% owned (exceptions are San Luis (70%) and Maverick Springs is (55%). Not surprisingly a lot of its silver is in Mexico, Peru, the USA and Australia (those countries are the four largest producers of silver; Australia has the largest resource of silver).

2010 zinc production was about three million pounds (1.5 million in the fourth quarter). Tin production was on track to be near 100,000 pounds (about six times less than previously estimated).

Traded as:           TSX: SSO; NASDAQ: SSRM

Industry:              Mining & Exploration

Founded:             1946

Headquarters:    Vancouver, Canada

Products:             Silver Zinc Tin Gold

Divisions:

  • GSM Resources (AUS)
  • Sociedad Minera de Berenguela (Peru)

Website:              http://www.ssrmining.com/

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