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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 358,307 $ 492,393
Marketable securities 26,073 20,944
Trade and other receivables 110,842 142,180
Inventories 507,706 515,143
Restricted cash 101 101
Prepaids and other current assets 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
Inventories 238,954 219,808
Deferred income tax assets 24,547 22,307
Other non-current assets 76,478 74,296
Total assets [1] 5,175,554 5,385,773
LIABILITIES    
Accounts payable 23,892 37,095
Accrued liabilities and other 116,437 124,639
Reclamation and remediation liabilities 143,537 3,364
Finance lease liabilities 4,685 4,555
Current portion of debt 0 920
Total current liabilities 288,551 170,573
Debt 228,040 227,516
Finance lease liabilities 83,805 86,141
Reclamation and remediation liabilities 229,966 170,455
Deferred income tax liabilities 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.