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SSR MINING INC

For the period ended Dec 31, 2024. Filed Feb 18, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 18, 2025

SSRM$28.38+1.6%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-K

(Mark One)

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Fiscal Year Ended December 31, 2024

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number:001-35455

SSR MINING INC.

(Exact name of registrant as specified in its charter)

British Columbia(State or Other Jurisdiction of Incorporation or Organization)98-0211014(I.R.S. Employer Identification No.)
Suite 1300 - 6900 E. Layton Ave, Denver, Colorado 80237

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code (303)292-1299

Securities registered pursuant to Section 12(b) of the Act.

Title of each classTrading symbolName of each exchange on which registered
Common shares without par valueSSRMThe Nasdaq Stock Market LLC

Securities registered pursuant to Section 12(g) of the Act. None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.☒ Yes ☐ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.☐ Yes☒ No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12-b2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12-b2 of the Exchange Act).☐ Yes☒ No

At June 30, 2024, the aggregate market value of the registrant’s voting and non-voting common equity held by non-affiliates of the registrant was $906,492,068 based on the closing sale price as reported on Nasdaq Global Market on that date. There were 202,386,185 common shares outstanding on January 31, 2025.

DOCUMENTS INCORPORATED BY REFERENCE

Designated portions of the registrant’s definitive Proxy Statement for its 2025 Annual Meeting of Shareholders, which is to be filed subsequent to the date hereof, are incorporated by reference into Part III of this Annual Report on Form 10-K.

TABLE OF CONTENTS

Page
PART I
ÇÖPLER INCIDENT2
ITEM 1. BUSINESS3
Introduction3
Segment Information3
Principal Products3
Competition4
Environmental, Social and Governance5
Human Capital7
Available Information8
ITEM 1A. RISK FACTORS9
ITEM 1B. UNRESOLVED STAFF COMMENTS40
ITEM 1C. CYBERSECURITY41
ITEM 2. PROPERTIES43
ITEM 3. LEGAL PROCEEDINGS96
ITEM 4. MINE SAFETY DISCLOSURES96
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASE OF EQUITY SECURITIES97
ITEM 6. RESERVED100
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS101
Business Overview101
Consolidated Results of Operations102
Results of Operations108
Liquidity and Capital Resources112
Non-GAAP Financial Measures115
Critical Accounting Policies and Estimates122
New Accounting Pronouncements125
Risks and Uncertainties125
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK126
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA130
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE184
ITEM 9A. CONTROLS AND PROCEDURES184
ITEM 9B. OTHER INFORMATION185
ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS185
PART III
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE185
ITEM 11. EXECUTIVE COMPENSATION185
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS185
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE185
ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES185
PART IV
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES186
SIGNATURES189

Part I

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.