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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 319,612 $ 387,882
Marketable securities 21,677 29,465
Trade and other receivables 117,496 124,438
Inventories 544,333 464,074
Prepaids and other current assets 21,676 23,175
 Total current assets 1,024,794 1,029,034
Mineral properties, plant and equipment, net 4,092,492 3,782,867
Inventories 441,025 291,212
Deferred income tax assets 5,770 7,602
Other non-current assets 80,427 78,305
Total assets [1] 5,644,508 5,189,020
LIABILITIES    
Accounts payable 41,820 30,538
Accrued liabilities and other 158,911 139,381
Reclamation and remediation liabilities 43,024 33,166
Finance lease liabilities 4,846 4,792
Current portion of debt 11,000 11,000
Total current liabilities 259,601 218,877
Finance lease liabilities 80,137 81,373
Reclamation and remediation liabilities 522,344 312,671
Deferred income tax liabilities 333,845 327,277
Contingent consideration liabilities 167,175 29,642
Other non-current liabilities 27,587 25,958
Total liabilities [1] 1,640,900 1,242,159
EQUITY    
Common shares – unlimited authorized common shares with no par value; 202,538 and 202,369 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 2,995,979 2,993,678
Retained earnings (deficit) 172,146 113,365
SSR Mining’s shareholders’ equity 3,168,125 3,107,043
Non-controlling interest 835,483 839,818
Total equity 4,003,608 3,946,861
Total liabilities and equity  5,644,508 5,189,020
Nonrelated Party    
LIABILITIES    
Debt 228,822 228,572
Related Party    
LIABILITIES    
Current portion of debt   11,000
Debt $ 21,389 $ 17,789
[1] The consolidated assets as of March 31, 2025 and December 31, 2024 include $3,411.1 million and $3,426.1 million, respectively, of assets of variable interest entities (“VIEs”) that can only be used to settle the obligations of the VIEs. As of March 31, 2025 and December 31, 2024, the assets include Cash and cash equivalents of $5.6 million and $17.5 million, respectively; Trade and other receivables of $2.6 million and $2.6 million, respectively; Inventories, current of $59.8 million and $59.2 million, respectively; Prepaids and other current assets of $7.6 million and $3.7 million, respectively; Mineral properties, plant and equipment, net of $3,086.9 million and $3,089.5 million, respectively; Inventories, non-current of $245.3 million and $246.5 million, respectively; and Other non-current assets of $3.3 million and $7.2 million, respectively. The consolidated liabilities as of March 31, 2025 and December 31, 2024 include $510.2 million and $538.4 million, respectively, of liabilities of VIEs whose creditors have no recourse to the Company. As of March 31, 2025 and December 31, 2024, the liabilities include Accounts payable of $6.6 million and $8.5 million, respectively; Accrued liabilities and other of $30.9 million and $23.5 million, respectively; Reclamation and remediation liabilities, current of $27.9 million and $33.1 million, respectively; Finance lease liabilities, non-current of $80.1 million and $81.4 million, respectively; Reclamation and remediation liabilities, non-current of $155.6 million and $155.0 million, respectively; Deferred income tax liabilities of $184.4 million and $197.7 million, respectively; and Other non-current liabilities of $24.7 million and $39.4 million, respectively.