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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 334,341 $ 492,393
Marketable securities 31,411 20,944
Trade and other receivables 114,794 142,180
Inventories 494,618 515,143
Restricted cash 0 101
Prepaids and other current assets 21,305 25,715
 Total current assets 996,469 1,196,476
Mineral properties, plant and equipment, net 3,797,671 3,872,886
Inventories 253,073 219,808
Equity method investments 110 127
Deferred income tax assets 19,937 22,307
Other non-current assets 76,659 74,169
Total assets [1] 5,143,919 5,385,773
LIABILITIES    
Accounts payable 26,749 37,095
Accrued liabilities and other 118,298 124,639
Reclamation and remediation liabilities 94,110 3,364
Finance lease liabilities 4,738 4,555
Total current liabilities 254,895 170,573
Finance lease liabilities 82,596 86,141
Reclamation and remediation liabilities 232,461 170,455
Deferred income tax liabilities 329,806 363,852
Other non-current liabilities 53,180 56,489
Total liabilities [1] 1,195,162 1,081,570
EQUITY    
Common shares – unlimited authorized common shares with no par value; 202,109 and 202,952 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 2,992,439 3,005,015
Retained earnings (deficit) 107,810 368,065
SSR Mining’s shareholders’ equity 3,100,249 3,373,080
Non-controlling interest 848,508 931,123
Total equity 3,948,757 4,304,203
Total liabilities and equity  5,143,919 5,385,773
Nonrelated Party    
LIABILITIES    
Current portion of debt 0 920
Debt 228,305 227,516
Related Party    
LIABILITIES    
Current portion of debt 11,000 0
Debt $ 13,919 $ 6,544
[1] The consolidated assets as of September 30, 2024 and December 31, 2023 include $3,436.1 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 September 30, 2024 and December 31, 2023, the assets include Cash and cash equivalents of $28.7 million and $42.8 million, respectively; Trade and other receivables of $4.3 million and $30.8 million, respectively; Inventories, current of $54.3 million and $165.2 million, respectively; Prepaids and other current assets of $7.5 million and $8.7 million, respectively; Mineral properties, plant and equipment, net of $3,084.2 million and $3,126.2 million, respectively; Inventories, non-current of $253.1 million and $218.1 million, respectively; and Other non-current assets of $4.0 million and $1.7 million, respectively. The consolidated liabilities as of September 30, 2024 and December 31, 2023 include $539.9 million and $418.6 million, respectively, of liabilities of VIEs whose creditors have no recourse to the Company. As of September 30, 2024 and December 31, 2023, the liabilities include Accounts payable of $6.4 million and $17.8 million, respectively; Accrued liabilities and other of $31.6 million and $32.8 million, respectively; Reclamation and remediation liabilities, current of $90.1 million and $1.8 million, respectively; Finance lease liabilities, non-current of $82.6 million and $86.2 million, respectively; Reclamation and remediation liabilities, non-current of $97.1 million and $36.8 million, respectively; Deferred income tax liabilities of $204.2 million and $232.9 million, respectively; and Other non-current liabilities of $27.9 million and $10.3 million, respectively.