SSR Mining (SSRM) 10-Q 2 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 27, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-35455
Entity Registrant Name	SSR MINING INC.
Entity Incorporation, State or Country Code	A1
Entity Tax Identification Number	98-0211014
Entity Address, Address Line One	6900 E. Layton Ave
Entity Address, Address Line Two	Suite 1300
Entity Address, City or Town	Denver
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80237
City Area Code	303
Local Phone Number	292-1299
Title of 12(b) Security	Common shares without par value
Trading Symbol	SSRM
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		212,630,261
Entity Central Index Key	0000921638
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Revenue	$ 355,446	$ 366,484
Operating Costs and Expenses:
Production costs	153,520	161,863
Depreciation, depletion, and amortization	58,742	53,779
General and administrative expense	16,239	7,759
Exploration, evaluation, and reclamation costs	9,858	9,408
Transaction, integration, and SEC conversion expense	1,217	4,492
Operating income	115,870	129,183
Other income (expense):
Interest expense	(4,295)	(4,944)
Other income (expense)	(367)	(1,611)
Foreign exchange gain (loss)	(3,287)	(379)
Total other income (expense)	(7,949)	(6,934)
Income before income and mining taxes	107,921	122,249
Income and mining tax benefit (expense)	(31,562)	6,380
Equity income (loss) of affiliates	(253)	(1,178)
Net income	76,106	127,451
Net loss (income) attributable to non-controlling interest	(8,543)	(18,590)
Net income attributable to SSR Mining shareholders	$ 67,563	$ 108,861
Net income per share attributable to SSR Mining shareholders
Basic (in dollars per share)	$ 0.32	$ 0.50
Diluted (in dollars per share)	$ 0.31	$ 0.48

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating activities
Net income	$ 76,106	$ 127,451
Adjustments for:
Depreciation, depletion, and amortization	58,742	53,779
Amortization of debt discount	227	220
Reclamation costs	1,311	1,205
Deferred income taxes	(16,404)	(23,024)
Stock-based compensation	4,849	(1,699)
Equity pickup on investments in joint ventures	253	1,178
Unrealized gain on derivative instruments	(364)	(2,583)
Change in fair value of marketable securities	923	586
Non-cash fair value adjustment on acquired inventories	4,540	16,069
Loss (gain) on sale of mineral properties, plant and equipment	584	22
Net change in operating assets and liabilities	(68,580)	(45,701)
Net cash provided by operating activities	62,187	127,503
Investing activities
Additions to mineral properties, plant and equipment	(34,492)	(55,711)
Net proceeds from sales of marketable securities	6,607	0
Proceeds from sale of mineral properties, plant and equipment	0	149
Other investing activities	0	(172)
Net cash used in investing activities	(27,885)	(55,734)
Financing activities
Repayment of debt, principal	(17,781)	(17,500)
Proceeds from exercise of stock options	2,398	2,750
Principal payments on finance leases	(7,293)	(2,158)
Non-controlling interest dividend	(30,773)	(38,084)
Dividends paid	0	(10,992)
Other financing activities	0	(423)
Net cash used in financing activities	(53,449)	(66,407)
Effect of foreign exchange rate changes on cash and cash equivalents	583	22
Net increase (decrease) in cash, cash equivalents, and restricted cash	(18,564)	5,384
Cash, cash equivalents, and restricted cash, beginning of period	1,052,865	895,921
Cash, cash equivalents, and restricted cash, end of period	1,034,301	901,305
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	998,986	866,015
Restricted cash	35,315	35,290
Total cash, cash equivalents, and restricted cash	$ 1,034,301	$ 901,305

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 998,986	$ 1,017,562
Marketable securities	34,235	40,431
Trade and other receivables	132,679	121,356
Inventories	419,749	389,416
Prepaids and other current assets	28,220	31,549
Assets held for sale	63,670	0
Total current assets	1,677,539	1,600,314
Mineral properties, plant and equipment, net	3,163,731	3,249,764
Inventories	221,358	221,617
Restricted cash	35,315	35,303
Equity method investments	4,665	4,918
Goodwill	49,786	49,786
Deferred income tax assets	11,809	8,501
Other non-current assets	48,460	41,235
Total assets	5,212,663	5,211,438
LIABILITIES
Accounts payable	55,635	34,844
Accrued liabilities and other	141,030	165,108
Finance lease liabilities	3,723	12,439
Current portion of debt	71,210	71,491
Liabilities held for sale	6,903	0
Total current liabilities	278,501	283,882
Debt	278,261	295,493
Finance lease liabilities	105,011	105,965
Reclamation liabilities	124,074	122,660
Deferred income tax liabilities	319,923	338,788
Other non-current liabilities	20,802	12,133
Total liabilities	1,126,572	1,158,921
EQUITY
Common shares – unlimited authorized common shares with no par value; 212,557 and 211,879 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	3,143,445	3,140,189
Retained earnings (deficit)	450,215	397,667
SSR Mining’s shareholders’ equity	3,593,660	3,537,856
Non-controlling interest	492,431	514,661
Total equity	4,086,091	4,052,517
Total liabilities and equity	$ 5,212,663	$ 5,211,438

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - shares shares in Thousands	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common shares, issued (in shares)	212,557	211,879
Common shares, outstanding (in shares)	212,557	211,879

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Changes in Equity - USD ($) shares in Thousands, $ in Thousands	Total	Total equity attributable to equity holders of SSR Mining	Common shares	Retained earnings (accumulated deficit)	Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2020			219,607
Beginning balance at Dec. 31, 2020	$ 3,847,177	$ 3,334,898	$ 3,242,821	$ 92,077	$ 512,279
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options (in shares)			364
Exercise of stock options	2,750	2,750	$ 2,750
Settlement of RSUs and PSUs (in shares)			92
Settlement of RSUs and PSUs	89	89	$ 89
Equity-settled stock-based compensation	1,037	1,037	1,037
Transfer of cash-settled RSUs	8,802	8,802	8,802
Reclassification of contingently redeemable shares	3,311	3,311	$ 3,311
Dividends paid to equity holders of SSR Mining	(10,992)	(10,992)		(10,992)
Dividends paid to non-controlling interest	(38,084)				(38,084)
Other	(18)	(18)		(18)
Net income (loss)	127,451	108,861		108,861	18,590
Ending balance (in shares) at Mar. 31, 2021			220,063
Ending balance at Mar. 31, 2021	3,941,523	3,448,738	$ 3,258,810	189,928	492,785
Beginning balance at Dec. 31, 2020	3,311
Contingently redeemable shares
Reclassification of contingently redeemable shares	(3,311)
Ending balance at Mar. 31, 2021	0
Beginning balance (in shares) at Dec. 31, 2021			211,879
Beginning balance at Dec. 31, 2021	4,052,517	3,537,856	$ 3,140,189	397,667	514,661
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options (in shares)			166
Exercise of stock options	2,433	2,433	$ 2,433
Settlement of RSUs and PSUs (in shares)			512
Equity-settled stock-based compensation	823	823	$ 823
Dividends declared to equity holders of SSR Mining	(15,015)	(15,015)		(15,015)
Dividends paid to non-controlling interest	(30,773)				(30,773)
Net income (loss)	76,106	67,563		67,563	8,543
Ending balance (in shares) at Mar. 31, 2022			212,557
Ending balance at Mar. 31, 2022	$ 4,086,091	$ 3,593,660	$ 3,143,445	$ 450,215	$ 492,431

THE COMPANY

THE COMPANY	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY	THE COMPANYSSR Mining Inc. and its subsidiaries (collectively, "SSR Mining," or the "Company”) is incorporated under the laws of the Province of British Columbia, Canada. The Company's common shares are listed on the Toronto Stock Exchange (TSX) in Canada and the Nasdaq Global Select Market (NASDAQ) in the U.S. under the symbol "SSRM" and the Australian Securities Exchange (ASX) in Australia under the symbol "SSR." The Company is principally engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Turkey and the Americas. The Company produces gold doré as well as copper, silver, lead and zinc concentrates. SSR Mining's diversified asset portfolio is comprised of high-margin, long-life assets located in some of the world's most prolific metal districts. The Company has four producing mines in Turkey, the United States, Canada, and Argentina. The Company's focus is on safe, profitable gold and silver production from its Çöpler Gold Mine ("Çöpler") in Erzincan, Turkey, Marigold mine ("Marigold") in Nevada, USA, Seabee Gold Operation ("Seabee") in Saskatchewan, Canada and Puna Operations ("Puna") in Jujuy, Argentina, and to advance, as market and project conditions permit, its principal development projects towards development and commercial production.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Risks and Uncertainties As a mining company, the revenue, profitability and future rate of growth of the Company are substantially dependent on the prevailing prices for gold, silver, zinc and lead. The prices of these metals are volatile and affected by many factors beyond the Company’s control, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Mineral properties, plant and equipment ; Inventories ; Deferred income tax assets ; and Goodwill are particularly sensitive to the outlook for commodity prices. A decline in the Company’s price outlook could result in material impairment charges related to these assets. COVID-19 During the period ended March 31, 2022, the COVID-19 pandemic continued to impact global economic and financial markets, disrupting global supply chains and workforce participation. Many industries and businesses, including SSR Mining, have learned how to navigate and operate under these conditions but may still be subject to operating challenges, inflationary pressures and outbreaks. The Company will continue to be vigilant and take appropriate measures to protect the health and safety of its employees and surrounding communities. Basis of presentation The Condensed Consolidated Financial Statements have been prepared in accordance with the instructions to Form 10-Q and do not include all information and disclosures required by generally accepted accounting principles in the United States. Therefore, this information should be read in conjunction with SSR Mining Inc.’s Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 23, 2022. The information furnished herein reflects all adjustments that are, in the opinion of management, necessary for a fair statement of the results for the interim periods reported. All such adjustments are, in the opinion of management, of a normal recurring nature. The results for the three month period ended March 31, 2022, are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. Reclassifications Certain amounts and disclosures in prior years have been reclassified to conform to the current year presentation.

OPERATING_SEGMENTS

OPERATING SEGMENTS	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
OPERATING SEGMENTS	OPERATING SEGMENTS The Company currently has four producing mines and a portfolio of precious metal dominant projects. Each individual operating mine site and the Company's exploration, evaluation and development properties are considered reportable segments. Operating results of operating segments are reviewed by the Company's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segments and to assess their performance. The following tables provide a summary of financial information related to the Company's segments (in thousands): Three Months Ended March 31, 2022 Çöpler Marigold Seabee Puna Exploration, evaluation and development properties (2) Corporate and other (1) Total Revenue $ 137,407 $ 68,893 $ 90,857 $ 58,289 $ — $ — $ 355,446 Production costs $ 62,584 $ 38,735 $ 16,410 $ 35,791 $ — $ — $ 153,520 Depletion, depreciation, and amortization $ 30,513 $ 6,888 $ 15,379 $ 5,962 $ — $ — $ 58,742 Exploration, evaluation, $ 1,049 $ 743 $ 2,374 $ 481 $ 4,251 $ 960 $ 9,858 Transaction, integration, and SEC conversion expense $ — $ — $ — $ — $ — $ 1,217 $ 1,217 Operating income $ 42,537 $ 22,526 $ 56,691 $ 15,906 $ (4,251) $ (17,539) $ 115,870 Capital expenditures $ 6,870 $ 18,235 $ 12,914 $ 2,213 $ — $ — $ 40,232 Total assets as of March 31, 2022 $ 2,161,612 $ 569,895 $ 524,023 $ 326,389 $ 929,523 $ 701,221 $ 5,212,663 (1) Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes. (2) The Company entered into an agreement on January 12, 2022 to sell its Pitarrilla project. The assets related to the Pitarrilla project are classified as Current assets held for sale on the Condensed Consolidated Balance Sheets as of March 31, 2022. Refer to Note 16 for further information. Three Months Ended March 31, 2021 Çöpler Marigold Seabee Puna Exploration, evaluation and development properties Corporate and other (1) Total Revenue $ 151,522 $ 115,973 $ 45,707 $ 53,282 $ — $ — $ 366,484 Production costs $ 66,417 $ 53,711 $ 16,561 $ 25,174 $ — $ — $ 161,863 Depletion, depreciation, and amortization $ 30,578 $ 8,934 $ 9,597 $ 4,670 $ — $ — $ 53,779 Exploration, evaluation, $ 3,068 $ 758 $ 2,873 $ 429 $ 2,038 $ 242 $ 9,408 Transaction, integration, and SEC conversion expense $ — $ — $ — $ — $ — $ 4,492 $ 4,492 Operating income $ 47,758 $ 52,673 $ 16,767 $ 21,928 $ (2,038) $ (7,905) $ 129,183 Capital expenditures $ 9,035 $ 23,413 $ 13,439 $ 3,276 $ — $ — $ 49,163 Total assets as of March 31, 2021 $ 2,308,886 $ 645,584 $ 469,249 $ 239,520 $ 1,018,525 $ 521,245 $ 5,203,009 (1) Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes. Geographic Area The following are non-current assets, excluding Goodwill, Restricted cash and Deferred income taxes , by location as of March 31, 2022 and December 31, 2021 (in thousands): March 31, 2022 December 31, 2021 Turkey $ 2,737,010 $ 2,744,707 Canada 272,311 292,264 United States 309,389 307,857 Argentina 118,448 123,834 Mexico 541 48,345 Peru 515 527 Total $ 3,438,214 $ 3,517,534 The following is revenue information by geographic area based on the location for the three months ended March 31 (in thousands): Three Months Ended March 31, 2022 2021 Turkey $ 137,407 $ 151,522 Canada 90,857 45,707 United States 68,893 115,973 Argentina 58,289 53,282 Total $ 355,446 $ 366,484

REVENUE

REVENUE	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE	REVENUE The following table represents revenues by product (in thousands): Three Months Ended March 31, 2022 2021 Gold doré sales Çöpler $ 135,943 $ 151,522 Marigold 68,852 115,937 Seabee 90,822 45,676 Concentrate sales Puna 54,132 53,928 Other (1) Çöpler 1,464 — Marigold 41 36 Seabee 35 31 Puna 4,157 (646) Total $ 355,446 $ 366,484 (1) Other revenue includes: changes in the fair value of concentrate trade receivables due to changes in silver and base metal prices; and silver and copper by-product revenue arising from the production and sale of gold doré. Revenue by metal Revenue by metal type for the three months ended March 31 are as follows (in thousands): Three Months Ended March 31, 2022 2021 Gold $ 295,617 $ 313,135 Silver 33,965 48,013 Lead 13,857 5,170 Zinc 6,310 745 Other 5,697 (579) Total $ 355,446 $ 366,484 Provisional metal sales For the three months ended March 31, 2022 and 2021, the change in the fair value of the Company's embedded derivatives relating to provisional concentrate metal sales was an increase (decrease) of $4.2 million and $(0.6) million, respectively, which has been recorded in Revenue .

INCOME AND MINING TAXES

INCOME AND MINING TAXES	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
INCOME AND MINING TAXES	INCOME AND MINING TAXESSSR’s consolidated effective income tax rate was 29.2% for the first three months of 2022 compared to (5.2)% for the first three months of 2021. The primary driver of the change in the effective rate is foreign currency fluctuations as well as changes in book income in foreign jurisdictions with varying tax rates. The Company’s statutory tax rate for the period is 27%, and the effective rate differs from the statutory rate primarily due to foreign exchange and jurisdictional mix of earnings with different tax rates.

OTHER INCOME (EXPENSE)

OTHER INCOME (EXPENSE)	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
OTHER INCOME (EXPENSE)	OTHER INCOME (EXPENSE) The following table includes the components of Other income (expense) : Three Months Ended March 31, 2022 2021 Interest income (expense) $ 1,565 $ 470 Gain (loss) on marketable securities (923) (586) Gain (loss) on sale of mineral properties, plant, and equipment (584) (22) Other (425) (1,473) Total $ (367) $ (1,611)

INCOME PER SHARE

INCOME PER SHARE	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
INCOME PER SHARE	INCOME PER SHARE The Company calculates basic net income per share using, as the denominator, the weighted average number of common shares outstanding during the period. Diluted net income per share uses, as its denominator, the weighted average number of common shares outstanding during the period plus the effect of potential dilutive shares during the period. Potential dilutive common shares include stock options, Restricted Share Units (“RSUs”), RSU Replacement Units, and convertible notes for periods in which the Company has reported net income. The calculations of basic and diluted net income per share attributable to stockholders of the Company for the three months ended March 31, 2022 and 2021 are based on the following (in thousands): Three Months Ended March 31, 2022 2021 Net income $ 76,106 $ 127,451 Net (income) loss attributable to non-controlling interest (8,543) (18,590) Net income attributable to shareholders of SSR Mining 67,563 108,861 Interest saving on convertible notes, net of tax 1,215 1,575 Net income used in the calculation of diluted net income per share $ 68,778 $ 110,436 Weighted average number of common shares outstanding 212,423 219,792 Adjustments for dilutive instruments: Stock options 9 152 Restricted share units 88 73 Convertible notes 12,216 12,152 Diluted weighted average number of common shares outstanding 224,736 232,169 Net income per share attributable to common shareholders Basic $ 0.32 $ 0.50 Diluted $ 0.31 $ 0.48

FAIR VALUE MEASUREMENTS AND FIN

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS	FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS Fair value accounting establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below: Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2 - Quoted prices in markets that are not active, quoted prices for similar assets or liabilities in active markets, quoted prices or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability and model-based valuation techniques (e.g. the Black-Scholes model) for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3 - Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity). As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring (at least annually) and nonrecurring basis by level within the fair value hierarchy (in thousands). Fair value as of March 31, 2022 Level 1 (1) Level 2 (2) Level 3 (3) Total Assets: Cash $ 998,986 $ — $ — $ 998,986 Restricted cash 35,315 — — 35,315 Marketable securities 38,646 — — 38,646 Trade receivables — 80,673 — 80,673 Derivative asset — 1,351 — 1,351 Deferred consideration — — 23,261 23,261 $ 1,072,947 $ 82,024 $ 23,261 $ 1,178,232 Fair value as of December 31, 2021 Level 1 (1) Level 2 (2) Level 3 (3) Total Assets: Cash $ 1,017,562 $ — $ — $ 1,017,562 Restricted cash 35,303 — — 35,303 Marketable securities 46,923 — — 46,923 Trade receivables — 72,634 — 72,634 Derivative asset — 987 — 987 Deferred consideration — — 22,610 22,610 $ 1,099,788 $ 73,621 $ 22,610 $ 1,196,019 (1) Marketable securities of publicly quoted companies, consisting of investments, are valued using a market approach based upon unadjusted quoted prices in an active market obtained from securities exchanges. (2) The Company manages its exposure to fluctuation in diesel prices and foreign currency exchange rates through hedges. The Company’s derivative asset and liabilities are valued using pricing models with inputs derived from observable market data, including quoted prices in active markets. The Company’s provisional metal sales contracts, included in Trade and other receivables in the Condensed Consolidated Balance Sheets, are valued using inputs derived from observable market data, including quoted commodity forward prices. The inputs do not involve significant management judgment. Such instruments are classified within Level 2 of the fair value hierarchy. (3) Certain items of deferred consideration are included in Level 3, as certain assumptions used in the calculation of the fair value are not based on observable market data. Deferred consideration is included in Other non-current assets in the Condensed Consolidated Balance Sheets. The following table reconciles the beginning and ending balances for financial instruments that are recognized at fair value using significant unobservable inputs (Level 3) in the condensed consolidated financial statements (in thousands): Three Months Ended March 31, 2022 2021 Balance as of January 1 $ 22,610 $ 21,460 Revaluations 651 124 Balance as of March 31 $ 23,261 $ 21,584 Fair values of financial assets and liabilities not already measured at fair value The fair value of the 2019 Notes and Term Loan as compared to the carrying amounts were as follows (in thousands): March 31, 2022 December 31, 2021 Level Carrying amount Fair value Carrying amount Fair value 2019 Notes (1) 1 $ 225,761 $ 319,700 $ 225,534 $ 286,207 Term Loan (2) 2 122,500 125,922 140,000 144,871 Total borrowings $ 348,261 $ 445,622 $ 365,534 $ 431,078 (1) The fair value disclosed for the Company's 2019 Notes is included in Level 1 as the basis of valuation uses a quoted price in an active market. (2) The fair value disclosed for the Company's Term Loan is included in Level 2 as the fair value is determined by an independent third-party pricing source.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
TRADE AND OTHER RECEIVABLES	TRADE AND OTHER RECEIVABLES Trade and other receivables was composed of the following (in thousands): March 31, 2022 December 31, 2021 Trade receivables $ 94,525 $ 86,124 Value added tax receivables 24,138 20,723 Income tax receivable 6,403 9,374 Other taxes receivable 2,740 1,866 Other 4,873 3,269 Total $ 132,679 $ 121,356 No provision for credit loss was recognized as of March 31, 2022 or December 31, 2021. All trade receivables are expected to be settled within twelve months.

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES The components of Inventories for the periods ended March 31, 2022 and December 31, 2021 are as follows (in thousands): March 31, 2022 December 31, 2021 Materials and supplies $ 97,741 $ 79,372 Stockpiled ore 33,200 27,589 Leach pad inventory 257,577 243,627 Work-in-process 5,820 4,951 Finished goods 25,411 33,877 Total current inventories $ 419,749 $ 389,416 Stockpiled ore 219,853 220,324 Materials and supplies 1,505 1,293 Total non-current inventories $ 221,358 $ 221,617

MINERAL PROPERTIES, PLANT AND E

MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET	3 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET	MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET The components of Mineral properties, plant and equipment, net are as follows (in thousands): March 31, 2022 December 31, 2021 Plant and equipment (1) $ 1,745,105 $ 1,762,833 Construction in process 51,832 36,841 Mineral properties subject to depletion 1,393,722 1,331,615 Mineral properties not yet subject to depletion 658,637 141,629 Exploration and evaluation assets 318,762 927,176 Total mineral properties, plant, and equipment $ 4,168,058 $ 4,200,094 Accumulated depreciation, plant and equipment (553,257) (529,635) Accumulated depreciation, mineral properties (451,070) (420,695) Mineral properties, plant, and equipment, net $ 3,163,731 $ 3,249,764 (1) As of March 31, 2022 and December 31, 2021, plant and equipment includes finance lease right-of-use assets with a carrying amount of $105.7 million and $114.9 million, respectively.

ACCRUED LIABILITIES AND OTHER

ACCRUED LIABILITIES AND OTHER	3 Months Ended
	Mar. 31, 2022
Payables and Accruals [Abstract]
ACCRUED LIABILITIES AND OTHER	ACCRUED LIABILITIES AND OTHER Accrued liabilities and other are comprised of the following items (in thousands): March 31, 2022 December 31, 2021 Accrued liabilities $ 38,358 $ 51,544 Royalties payable 31,106 32,383 Dividends payable 15,015 — Stock-based compensation liabilities 17,328 22,652 Income taxes payable 34,960 52,206 Lease liabilities 1,884 2,238 Other 2,379 4,085 Total accrued liabilities and other $ 141,030 $ 165,108

DEBT

DEBT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
DEBT	DEBT The following tables summarize the Company’s debt balances (in thousands): March 31, 2022 December 31, 2021 2019 Notes (1) $ 225,761 $ 225,534 Term Loan 122,500 140,000 Other 1,210 1,450 Total carrying amount $ 349,471 $ 366,984 Current Portion $ 71,210 $ 71,491 Non-Current Portion $ 278,261 $ 295,493 (1) Amount is net of discount and debt issuance costs of $4.2 million and $4.5 million, respectively. Convertible Debt 2019 Notes On March 19, 2019, the Company issued $230.0 million of 2.50% convertible senior notes due in 2039 (the “2019 Notes”) for net proceeds of $222.9 million after payment of commissions and expenses related to the offering of $7.1 million. The 2019 Notes mature on April 1, 2039 and bear an interest rate of 2.50% per annum, payable semi-annually in arrears on April 1 and October 1 of each year. The 2019 Notes are convertible into the Company's common shares at a fixed conversion rate, subject to certain anti-dilution adjustments. In addition, if certain fundamental changes occur, holders of the 2019 Notes may be entitled to an increased conversion rate. The 2019 Notes are convertible into the Company's common shares at an initial conversion rate of 54.1082 common shares per $1,000 principal amount of 2019 Notes converted, representing an initial conversion price of $18.48 per common share. Prior to April 1, 2023, the Company may not redeem the 2019 Notes, except in the event of certain changes in Canadian tax law. On or after April 1, 2023 and prior to April 1, 2026, the Company may redeem all or part of the 2019 Notes for cash, but only if the last reported sales price of its common shares for 20 or more trading days in a period of 30 consecutive trading days exceeds 130% of the conversion price in effect on each such trading day. On or after April 1, 2026, the Company may redeem the 2019 Notes in full or in part, for cash. Holders of the 2019 Notes have the right to require the Company to repurchase all or part of their 2019 Notes on April 1 of each of 2026, 2029 and 2034, or upon certain fundamental corporate changes. The repurchase price will be equal to par plus accrued and unpaid interest. Term Loan In connection with the acquisition of Alacer, the Company assumed a term loan (the "Term Loan"), with a fair value of $245.0 million as of the date of acquisition, with a syndicate of lenders (BNP Paribas (Suisse) SA, ING Bank NV, Societe Generale Corporate & Investment Banking and UniCredit S.P.A.). The Term Loan bears interest at the London Inter-bank Offered Rate ("LIBOR") plus a fixed interest rate margin in the range of 3.50% to 3.70% depending on the tranche. The Term Loan has no mandatory hedging or cash sweep requirements, no prepayment penalties, and final repayment is scheduled in the fourth quarter of 2023. In addition to the Term Loan, the Company assumed LIBOR interest rate swap contracts with underlying notional amounts of approximately 37% of the outstanding Term Loan balance as of December 31, 2020 through the duration of the interest rate hedge program, ending December 22, 2021. The fair value of the interest rate swap contract asset or liability is derived by the difference between the variable LIBOR interest forward rates as compared to a fixed interest rate of 2.86% on the hedged amounts. Restricted cash accounts must be maintained while the Term Loan is outstanding. As of March 31, 2022 and December 31, 2021, $32.9 million and $32.9 million of restricted cash relates to the Term Loan, respectively. Restricted cash is not available for use within one year and is classified as a non-current asset in the Consolidated Balance Sheets. Under the terms of the Term Loan, the Company is required to comply with the following financial covenants: ▪ historic and forecast debt service cover ratio greater than or equal to 1.20:1; ▪ loan life cover ratio greater than or equal to 1.30:1; and ▪ minimum tail reserves as a percentage of total reserves greater than or equal to 30%. As of March 31, 2022, the Company was in compliance with its externally imposed financial covenants in relation to the Term Loan and Credit Facility. The Company does not have any financial covenants in relation to the 2019 Notes. Amended Credit Facility On June 7, 2021, the Company amended its existing credit agreement to extend the maturity of the Credit Facility to June 8, 2025 and increase the Credit Facility to $200.0 million with a $100.0 million accordion feature (the "Amended Credit Facility"). Amounts drawn under the Amended Credit Facility are subject to variable interest rates at LIBOR plus an applicable margin ranging from 2% to 3%, based on the Company's net leverage ratio. The Amended Credit Facility contains fallback language that replaces LIBOR with an alternative benchmark rate based on either SOFR or another alternative benchmark rate when LIBOR ceases to exist. Undrawn amounts are subject to a standby fee ranging from 0.4% to 0.6%, based on the Company's net leverage ratio. The Credit Facility also provides for financial letters of credit at 66% of the applicable margin, undrawn fees are subject to a utilization fee of 0.25%, and standby fees are calculated as 25% of the drawn applicable margin plus a utilization fee ranging from 0.25% to 0.75%. All debts, liabilities and obligations under the Credit Facility are guaranteed by the Company's material subsidiaries and secured by certain of the Company's assets and material subsidiaries, and pledges of the securities of the Company's material subsidiaries, excluding those related to Çöpler and Puna operating segments. In connection with the Credit Facility, the Company must also maintain certain net tangible worth and ratios for interest coverage and net leverage. As of March 31, 2022, the Company was in compliance with these covenants. As of March 31, 2022 and December 31, 2021, the amount outstanding on the Credit Facility, included in Accrued liabilities and other , was nil and $0.9 million, respectively. Scheduled minimum debt repayments are as follows (in thousands): 2022 (for the remainder) $ 53,713 2023 $ 70,000 2024 $ — 2025 $ — 2026 $ — Thereafter $ 230,000

SUPPLEMENTAL CASH FLOW INFORMAT

SUPPLEMENTAL CASH FLOW INFORMATION	3 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Information [Abstract]
SUPPLEMENTAL CASH FLOW INFORMATION	SUPPLEMENTAL CASH FLOW INFORMATION Net change in operating assets and liabilities during the three months ended March 31 were as follows (in thousands): Three Months Ended March 31, 2022 2021 Decrease (increase) in operating assets: Trade and other receivables $ (10,394) $ (14,322) Inventories (32,516) (14,062) Other operating assets (5,734) 10,651 Increase (decrease) in operating liabilities: Accounts payable 21,092 (2,519) Accrued liabilities (44,385) (16,219) Reclamation liabilities 118 (58) Other operating liabilities 3,239 (9,172) $ (68,580) $ (45,701) Other cash information during the three months ended March 31 were as follows (in thousands): Three Months Ended March 31, 2022 2021 Interest paid $ (4,288) $ (4,665) Interest received $ 1,565 $ 551 Income taxes paid $ (67,593) $ (10,339)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES General Estimated losses from loss contingencies are accrued by a charge to income when information is available prior to the issuance of the financial statements that indicates it is probable that a liability could be incurred, and the amount of the loss can by reasonably estimated. Legal expenses associated with the loss contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure of the loss contingency is made in the financial statements when it is at least reasonably possible that a material loss could be incurred. Environmental matters The Company uses surety bonds to support certain environmental bonding obligations. As of March 31, 2022 and December 31, 2021, the Company had surety bonds totaling $117.9 million and $117.0 million outstanding, respectively.

ASSETS AND LIABILITIES HELD FOR

ASSETS AND LIABILITIES HELD FOR SALE	3 Months Ended
	Mar. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
ASSETS AND LIABILITIES HELD FOR SALE	ASSETS AND LIABILITIES HELD FOR SALE On January 12, 2022, the Company entered into a Share Purchase Agreement with Endeavour Silver Corp. (“Endeavour Silver”) to sell its Pitarrilla project in Durango, Mexico. Pursuant to the terms of the agreement, upon closing of the transaction which is expected in the second quarter of 2022, the Company will receive proceeds of $35.0 million in cash, $35.0 million in Endeavor shares, and a 1.25% net smelter return royalty on the Pitarrilla property. The assets and liabilities related to Pitarrilla, which are included in the Exploration, evaluation and development properties segment, met the criteria to be classified as held for sale on January 7, 2022. The major classes of assets and liabilities related to Pitarrilla presented within Current assets held for sale and Current liabilities held for sale in the Consolidated Balance Sheets as of March 31, 2022 are as follows (in thousands):

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTSAcquisition of Taiga Gold CorporationOn April 14, 2022, the Company completed the acquisition of Taiga Gold Corp. (“Taiga Gold”). Under the terms of the arrangement, the Company acquired all of the issued and outstanding common shares of Taiga Gold at a price of CAD $0.265 per share, representing an aggregate consideration of approximately $24.5 million. The Company will account for the transaction as an asset acquisition.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Risks and Uncertainties	Risks and Uncertainties As a mining company, the revenue, profitability and future rate of growth of the Company are substantially dependent on the prevailing prices for gold, silver, zinc and lead. The prices of these metals are volatile and affected by many factors beyond the Company’s control, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or extended decline in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital and the quantities of reserves that the Company can economically produce. The carrying value of the Company’s Mineral properties, plant and equipment ; Inventories ; Deferred income tax assets ; and Goodwill are particularly sensitive to the outlook for commodity prices. A decline in the Company’s price outlook could result in material impairment charges related to these assets.
COVID-19	COVID-19 During the period ended March 31, 2022, the COVID-19 pandemic continued to impact global economic and financial markets, disrupting global supply chains and workforce participation. Many industries and businesses, including SSR Mining, have learned how to navigate and operate under these conditions but may still be subject to operating challenges, inflationary pressures and outbreaks. The Company will continue to be vigilant and take appropriate measures to protect the health and safety of its employees and surrounding communities.
Basis of presentation	Basis of presentation The Condensed Consolidated Financial Statements have been prepared in accordance with the instructions to Form 10-Q and do not include all information and disclosures required by generally accepted accounting principles in the United States. Therefore, this information should be read in conjunction with SSR Mining Inc.’s Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 23, 2022. The information furnished herein reflects all adjustments that are, in the opinion of management, necessary for a fair statement of the results for the interim periods reported. All such adjustments are, in the opinion of management, of a normal recurring nature. The results for the three month period ended March 31, 2022, are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.
Reclassifications	ReclassificationsCertain amounts and disclosures in prior years have been reclassified to conform to the current year presentation

OPERATING_SEGMENTS (Tables)

OPERATING SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables provide a summary of financial information related to the Company's segments (in thousands): Three Months Ended March 31, 2022 Çöpler Marigold Seabee Puna Exploration, evaluation and development properties (2) Corporate and other (1) Total Revenue $ 137,407 $ 68,893 $ 90,857 $ 58,289 $ — $ — $ 355,446 Production costs $ 62,584 $ 38,735 $ 16,410 $ 35,791 $ — $ — $ 153,520 Depletion, depreciation, and amortization $ 30,513 $ 6,888 $ 15,379 $ 5,962 $ — $ — $ 58,742 Exploration, evaluation, $ 1,049 $ 743 $ 2,374 $ 481 $ 4,251 $ 960 $ 9,858 Transaction, integration, and SEC conversion expense $ — $ — $ — $ — $ — $ 1,217 $ 1,217 Operating income $ 42,537 $ 22,526 $ 56,691 $ 15,906 $ (4,251) $ (17,539) $ 115,870 Capital expenditures $ 6,870 $ 18,235 $ 12,914 $ 2,213 $ — $ — $ 40,232 Total assets as of March 31, 2022 $ 2,161,612 $ 569,895 $ 524,023 $ 326,389 $ 929,523 $ 701,221 $ 5,212,663 (1) Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes. (2) The Company entered into an agreement on January 12, 2022 to sell its Pitarrilla project. The assets related to the Pitarrilla project are classified as Current assets held for sale on the Condensed Consolidated Balance Sheets as of March 31, 2022. Refer to Note 16 for further information. Three Months Ended March 31, 2021 Çöpler Marigold Seabee Puna Exploration, evaluation and development properties Corporate and other (1) Total Revenue $ 151,522 $ 115,973 $ 45,707 $ 53,282 $ — $ — $ 366,484 Production costs $ 66,417 $ 53,711 $ 16,561 $ 25,174 $ — $ — $ 161,863 Depletion, depreciation, and amortization $ 30,578 $ 8,934 $ 9,597 $ 4,670 $ — $ — $ 53,779 Exploration, evaluation, $ 3,068 $ 758 $ 2,873 $ 429 $ 2,038 $ 242 $ 9,408 Transaction, integration, and SEC conversion expense $ — $ — $ — $ — $ — $ 4,492 $ 4,492 Operating income $ 47,758 $ 52,673 $ 16,767 $ 21,928 $ (2,038) $ (7,905) $ 129,183 Capital expenditures $ 9,035 $ 23,413 $ 13,439 $ 3,276 $ — $ — $ 49,163 Total assets as of March 31, 2021 $ 2,308,886 $ 645,584 $ 469,249 $ 239,520 $ 1,018,525 $ 521,245 $ 5,203,009 (1) Corporate and other consists of business activities that are not included within the reportable segments and provided for reconciliation purposes.
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country	The following are non-current assets, excluding Goodwill, Restricted cash and Deferred income taxes , by location as of March 31, 2022 and December 31, 2021 (in thousands): March 31, 2022 December 31, 2021 Turkey $ 2,737,010 $ 2,744,707 Canada 272,311 292,264 United States 309,389 307,857 Argentina 118,448 123,834 Mexico 541 48,345 Peru 515 527 Total $ 3,438,214 $ 3,517,534
Revenue from External Customers by Geographic Areas	The following is revenue information by geographic area based on the location for the three months ended March 31 (in thousands): Three Months Ended March 31, 2022 2021 Turkey $ 137,407 $ 151,522 Canada 90,857 45,707 United States 68,893 115,973 Argentina 58,289 53,282 Total $ 355,446 $ 366,484

REVENUE (Tables)

REVENUE (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table represents revenues by product (in thousands): Three Months Ended March 31, 2022 2021 Gold doré sales Çöpler $ 135,943 $ 151,522 Marigold 68,852 115,937 Seabee 90,822 45,676 Concentrate sales Puna 54,132 53,928 Other (1) Çöpler 1,464 — Marigold 41 36 Seabee 35 31 Puna 4,157 (646) Total $ 355,446 $ 366,484 (1) Other revenue includes: changes in the fair value of concentrate trade receivables due to changes in silver and base metal prices; and silver and copper by-product revenue arising from the production and sale of gold doré. Revenue by metal type for the three months ended March 31 are as follows (in thousands): Three Months Ended March 31, 2022 2021 Gold $ 295,617 $ 313,135 Silver 33,965 48,013 Lead 13,857 5,170 Zinc 6,310 745 Other 5,697 (579) Total $ 355,446 $ 366,484

OTHER INCOME (EXPENSE) (Tables)

OTHER INCOME (EXPENSE) (Tables)	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Income (Expense)	The following table includes the components of Other income (expense) : Three Months Ended March 31, 2022 2021 Interest income (expense) $ 1,565 $ 470 Gain (loss) on marketable securities (923) (586) Gain (loss) on sale of mineral properties, plant, and equipment (584) (22) Other (425) (1,473) Total $ (367) $ (1,611)

INCOME PER SHARE (Tables)

INCOME PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The calculations of basic and diluted net income per share attributable to stockholders of the Company for the three months ended March 31, 2022 and 2021 are based on the following (in thousands): Three Months Ended March 31, 2022 2021 Net income $ 76,106 $ 127,451 Net (income) loss attributable to non-controlling interest (8,543) (18,590) Net income attributable to shareholders of SSR Mining 67,563 108,861 Interest saving on convertible notes, net of tax 1,215 1,575 Net income used in the calculation of diluted net income per share $ 68,778 $ 110,436 Weighted average number of common shares outstanding 212,423 219,792 Adjustments for dilutive instruments: Stock options 9 152 Restricted share units 88 73 Convertible notes 12,216 12,152 Diluted weighted average number of common shares outstanding 224,736 232,169 Net income per share attributable to common shareholders Basic $ 0.32 $ 0.50 Diluted $ 0.31 $ 0.48

FAIR VALUE MEASUREMENTS AND F_2

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring (at least annually) and nonrecurring basis by level within the fair value hierarchy (in thousands). Fair value as of March 31, 2022 Level 1 (1) Level 2 (2) Level 3 (3) Total Assets: Cash $ 998,986 $ — $ — $ 998,986 Restricted cash 35,315 — — 35,315 Marketable securities 38,646 — — 38,646 Trade receivables — 80,673 — 80,673 Derivative asset — 1,351 — 1,351 Deferred consideration — — 23,261 23,261 $ 1,072,947 $ 82,024 $ 23,261 $ 1,178,232 Fair value as of December 31, 2021 Level 1 (1) Level 2 (2) Level 3 (3) Total Assets: Cash $ 1,017,562 $ — $ — $ 1,017,562 Restricted cash 35,303 — — 35,303 Marketable securities 46,923 — — 46,923 Trade receivables — 72,634 — 72,634 Derivative asset — 987 — 987 Deferred consideration — — 22,610 22,610 $ 1,099,788 $ 73,621 $ 22,610 $ 1,196,019 (1) Marketable securities of publicly quoted companies, consisting of investments, are valued using a market approach based upon unadjusted quoted prices in an active market obtained from securities exchanges. (2) The Company manages its exposure to fluctuation in diesel prices and foreign currency exchange rates through hedges. The Company’s derivative asset and liabilities are valued using pricing models with inputs derived from observable market data, including quoted prices in active markets. The Company’s provisional metal sales contracts, included in Trade and other receivables in the Condensed Consolidated Balance Sheets, are valued using inputs derived from observable market data, including quoted commodity forward prices. The inputs do not involve significant management judgment. Such instruments are classified within Level 2 of the fair value hierarchy. (3) Certain items of deferred consideration are included in Level 3, as certain assumptions used in the calculation of the fair value are not based on observable market data. Deferred consideration is included in Other non-current assets in the Condensed Consolidated Balance Sheets.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table reconciles the beginning and ending balances for financial instruments that are recognized at fair value using significant unobservable inputs (Level 3) in the condensed consolidated financial statements (in thousands): Three Months Ended March 31, 2022 2021 Balance as of January 1 $ 22,610 $ 21,460 Revaluations 651 124 Balance as of March 31 $ 23,261 $ 21,584
Fair Value Disclosure of Asset and Liability Not Measured at Fair Value	The fair value of the 2019 Notes and Term Loan as compared to the carrying amounts were as follows (in thousands): March 31, 2022 December 31, 2021 Level Carrying amount Fair value Carrying amount Fair value 2019 Notes (1) 1 $ 225,761 $ 319,700 $ 225,534 $ 286,207 Term Loan (2) 2 122,500 125,922 140,000 144,871 Total borrowings $ 348,261 $ 445,622 $ 365,534 $ 431,078 (1) The fair value disclosed for the Company's 2019 Notes is included in Level 1 as the basis of valuation uses a quoted price in an active market. (2) The fair value disclosed for the Company's Term Loan is included in Level 2 as the fair value is determined by an independent third-party pricing source.

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Trade and other receivables was composed of the following (in thousands): March 31, 2022 December 31, 2021 Trade receivables $ 94,525 $ 86,124 Value added tax receivables 24,138 20,723 Income tax receivable 6,403 9,374 Other taxes receivable 2,740 1,866 Other 4,873 3,269 Total $ 132,679 $ 121,356

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	The components of Inventories for the periods ended March 31, 2022 and December 31, 2021 are as follows (in thousands): March 31, 2022 December 31, 2021 Materials and supplies $ 97,741 $ 79,372 Stockpiled ore 33,200 27,589 Leach pad inventory 257,577 243,627 Work-in-process 5,820 4,951 Finished goods 25,411 33,877 Total current inventories $ 419,749 $ 389,416 Stockpiled ore 219,853 220,324 Materials and supplies 1,505 1,293 Total non-current inventories $ 221,358 $ 221,617
Schedule of Inventory, Noncurrent	The components of Inventories for the periods ended March 31, 2022 and December 31, 2021 are as follows (in thousands): March 31, 2022 December 31, 2021 Materials and supplies $ 97,741 $ 79,372 Stockpiled ore 33,200 27,589 Leach pad inventory 257,577 243,627 Work-in-process 5,820 4,951 Finished goods 25,411 33,877 Total current inventories $ 419,749 $ 389,416 Stockpiled ore 219,853 220,324 Materials and supplies 1,505 1,293 Total non-current inventories $ 221,358 $ 221,617

MINERAL PROPERTIES, PLANT AND_2

MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET (Tables)	3 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Mineral Properties, Plant and Equipment	The components of Mineral properties, plant and equipment, net are as follows (in thousands): March 31, 2022 December 31, 2021 Plant and equipment (1) $ 1,745,105 $ 1,762,833 Construction in process 51,832 36,841 Mineral properties subject to depletion 1,393,722 1,331,615 Mineral properties not yet subject to depletion 658,637 141,629 Exploration and evaluation assets 318,762 927,176 Total mineral properties, plant, and equipment $ 4,168,058 $ 4,200,094 Accumulated depreciation, plant and equipment (553,257) (529,635) Accumulated depreciation, mineral properties (451,070) (420,695) Mineral properties, plant, and equipment, net $ 3,163,731 $ 3,249,764 (1) As of March 31, 2022 and December 31, 2021, plant and equipment includes finance lease right-of-use assets with a carrying amount of $105.7 million and $114.9 million, respectively.

ACCRUED LIABILITIES AND OTHER (

ACCRUED LIABILITIES AND OTHER (Tables)	3 Months Ended
	Mar. 31, 2022
Payables and Accruals [Abstract]
Schedule of Accounts Liabilities and Other	Accrued liabilities and other are comprised of the following items (in thousands): March 31, 2022 December 31, 2021 Accrued liabilities $ 38,358 $ 51,544 Royalties payable 31,106 32,383 Dividends payable 15,015 — Stock-based compensation liabilities 17,328 22,652 Income taxes payable 34,960 52,206 Lease liabilities 1,884 2,238 Other 2,379 4,085 Total accrued liabilities and other $ 141,030 $ 165,108

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Debt	The following tables summarize the Company’s debt balances (in thousands): March 31, 2022 December 31, 2021 2019 Notes (1) $ 225,761 $ 225,534 Term Loan 122,500 140,000 Other 1,210 1,450 Total carrying amount $ 349,471 $ 366,984 Current Portion $ 71,210 $ 71,491 Non-Current Portion $ 278,261 $ 295,493 (1) Amount is net of discount and debt issuance costs of $4.2 million and $4.5 million, respectively.
Schedule of Maturities of Long-term Debt	Scheduled minimum debt repayments are as follows (in thousands): 2022 (for the remainder) $ 53,713 2023 $ 70,000 2024 $ — 2025 $ — 2026 $ — Thereafter $ 230,000

SUPPLEMENTAL CASH FLOW INFORM_2

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Net change in operating assets and liabilities during the three months ended March 31 were as follows (in thousands): Three Months Ended March 31, 2022 2021 Decrease (increase) in operating assets: Trade and other receivables $ (10,394) $ (14,322) Inventories (32,516) (14,062) Other operating assets (5,734) 10,651 Increase (decrease) in operating liabilities: Accounts payable 21,092 (2,519) Accrued liabilities (44,385) (16,219) Reclamation liabilities 118 (58) Other operating liabilities 3,239 (9,172) $ (68,580) $ (45,701) Other cash information during the three months ended March 31 were as follows (in thousands): Three Months Ended March 31, 2022 2021 Interest paid $ (4,288) $ (4,665) Interest received $ 1,565 $ 551 Income taxes paid $ (67,593) $ (10,339)

ASSETS AND LIABILITIES HELD F_2

ASSETS AND LIABILITIES HELD FOR SALE (Tables)	3 Months Ended
	Mar. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities Held For Sale	The major classes of assets and liabilities related to Pitarrilla presented within Current assets held for sale and Current liabilities held for sale in the Consolidated Balance Sheets as of March 31, 2022 are as follows (in thousands): March 31, 2022 Cash and cash equivalents $ 205 Trade and other receivables 31 Prepaids and other current assets 122 Mineral properties, plant, and equipment, net 62,179 Other non-current assets 1,133 Assets held for sale $ 63,670 Accounts payable $ 24 Accrued liabilities and other 864 Deferred income tax liabilities 5,952 Reclamation and remediation costs 63 Liabilities held for sale $ 6,903

THE COMPANY (Details)

THE COMPANY (Details)	Mar. 31, 2022mine
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of producing mines	4

OPERATING_SEGMENTS - Narrative

OPERATING SEGMENTS - Narrative (Details)	Mar. 31, 2022mine
Segment Reporting [Abstract]
Number of producing mines	4

OPERATING_SEGMENTS - Disaggrega

OPERATING SEGMENTS - Disaggregation of Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenue	$ 355,446	$ 366,484
Production costs	153,520	161,863
Depreciation, depletion, and amortization	58,742	53,779
Exploration, evaluation, and reclamation costs	9,858	9,408
Transaction, integration, and SEC conversion expense	1,217	4,492
Operating income	115,870	129,183
Capital expenditures	40,232	49,163
Assets	5,212,663	5,203,009	$ 5,211,438
Operating segments | Çöpler
Segment Reporting Information [Line Items]
Revenue	137,407	151,522
Production costs	62,584	66,417
Depreciation, depletion, and amortization	30,513	30,578
Exploration, evaluation, and reclamation costs	1,049	3,068
Transaction, integration, and SEC conversion expense	0	0
Operating income	42,537	47,758
Capital expenditures	6,870	9,035
Assets	2,161,612	2,308,886
Operating segments | Marigold
Segment Reporting Information [Line Items]
Revenue	68,893	115,973
Production costs	38,735	53,711
Depreciation, depletion, and amortization	6,888	8,934
Exploration, evaluation, and reclamation costs	743	758
Transaction, integration, and SEC conversion expense	0	0
Operating income	22,526	52,673
Capital expenditures	18,235	23,413
Assets	569,895	645,584
Operating segments | Seabee
Segment Reporting Information [Line Items]
Revenue	90,857	45,707
Production costs	16,410	16,561
Depreciation, depletion, and amortization	15,379	9,597
Exploration, evaluation, and reclamation costs	2,374	2,873
Transaction, integration, and SEC conversion expense	0	0
Operating income	56,691	16,767
Capital expenditures	12,914	13,439
Assets	524,023	469,249
Operating segments | Puna
Segment Reporting Information [Line Items]
Revenue	58,289	53,282
Production costs	35,791	25,174
Depreciation, depletion, and amortization	5,962	4,670
Exploration, evaluation, and reclamation costs	481	429
Transaction, integration, and SEC conversion expense	0	0
Operating income	15,906	21,928
Capital expenditures	2,213	3,276
Assets	326,389	239,520
Operating segments | Exploration, evaluation  and development properties
Segment Reporting Information [Line Items]
Revenue	0	0
Production costs	0	0
Depreciation, depletion, and amortization	0	0
Exploration, evaluation, and reclamation costs	4,251	2,038
Transaction, integration, and SEC conversion expense	0	0
Operating income	(4,251)	(2,038)
Capital expenditures	0	0
Assets	929,523	1,018,525
Corporate and other
Segment Reporting Information [Line Items]
Revenue	0	0
Production costs	0	0
Depreciation, depletion, and amortization	0	0
Exploration, evaluation, and reclamation costs	960	242
Transaction, integration, and SEC conversion expense	1,217	4,492
Operating income	(17,539)	(7,905)
Capital expenditures	0	0
Assets	$ 701,221	$ 521,245

OPERATING_SEGMENTS - Non-curren

OPERATING SEGMENTS - Non-current Assets by Geographical Area (Details) - Operating segments - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	$ 3,438,214	$ 3,517,534
Turkey
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	2,737,010	2,744,707
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	272,311	292,264
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	309,389	307,857
Argentina
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	118,448	123,834
Mexico
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	541	48,345
Peru
Revenues from External Customers and Long-Lived Assets [Line Items]
Non-current assets	$ 515	$ 527

OPERATING_SEGMENTS - Revenue by

OPERATING SEGMENTS - Revenue by Geographical Area (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 355,446	$ 366,484
Turkey
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	137,407	151,522
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	90,857	45,707
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	68,893	115,973
Argentina
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 58,289	$ 53,282

REVENUE - Revenue by Product (D

REVENUE - Revenue by Product (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 355,446	$ 366,484
Gold doré sales | Çöpler
Disaggregation of Revenue [Line Items]
Revenue	135,943	151,522
Gold doré sales | Marigold
Disaggregation of Revenue [Line Items]
Revenue	68,852	115,937
Gold doré sales | Seabee
Disaggregation of Revenue [Line Items]
Revenue	90,822	45,676
Concentrate sales | Puna
Disaggregation of Revenue [Line Items]
Revenue	54,132	53,928
Other | Çöpler
Disaggregation of Revenue [Line Items]
Revenue	1,464	0
Other | Marigold
Disaggregation of Revenue [Line Items]
Revenue	41	36
Other | Seabee
Disaggregation of Revenue [Line Items]
Revenue	35	31
Other | Puna
Disaggregation of Revenue [Line Items]
Revenue	$ 4,157	$ (646)

REVENUE - Revenue by Metal (Det

REVENUE - Revenue by Metal (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 355,446	$ 366,484
Gold
Disaggregation of Revenue [Line Items]
Revenue	295,617	313,135
Silver
Disaggregation of Revenue [Line Items]
Revenue	33,965	48,013
Lead
Disaggregation of Revenue [Line Items]
Revenue	13,857	5,170
Zinc
Disaggregation of Revenue [Line Items]
Revenue	6,310	745
Other
Disaggregation of Revenue [Line Items]
Revenue	$ 5,697	$ (579)

REVENUE - Narrative (Details)

REVENUE - Narrative (Details) - Concentrate Metal Sales Agreement oz in Thousands, lb in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)lboz$ / pound$ / Ounce	Mar. 31, 2021USD ($)
Disaggregation of Revenue [Line Items]
Embedded derivative, increase (decrease) of value | $	$ 4.2	$ (0.6)
Silver
Disaggregation of Revenue [Line Items]
Notional ounce/tonnes | oz	3,540
Average price per ounce/tonnes | $ / Ounce	24.17
Zinc
Disaggregation of Revenue [Line Items]
Notional ounce/tonnes | lb	4,060
Average price per ounce/tonnes | $ / pound	1.78
Lead
Disaggregation of Revenue [Line Items]
Notional ounce/tonnes | lb	19,530
Average price per ounce/tonnes | $ / pound	1.06

INCOME AND MINING TAXES - Narra

INCOME AND MINING TAXES - Narrative (Details)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation, rate	29.20%	(5.20%)
Effective income tax rate reconciliation, statutory rate	27.00%	27.00%

OTHER INCOME (EXPENSE) (Details

OTHER INCOME (EXPENSE) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Interest income (expense)	$ 1,565	$ 470
Gain (loss) on marketable securities	(923)	(586)
Gain (loss) on sale of mineral properties, plant, and equipment	(584)	(22)
Other	(425)	(1,473)
Total	$ (367)	$ (1,611)

INCOME PER SHARE (Details)

INCOME PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Net income	$ 76,106	$ 127,451
Net loss (income) attributable to non-controlling interest	(8,543)	(18,590)
Net income attributable to shareholders of SSR Mining	67,563	108,861
Interest saving on convertible notes, net of tax	1,215	1,575
Net income used in the calculation of diluted net income per share	$ 68,778	$ 110,436
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Weighted average number of common shares outstanding (in shares)	212,423	219,792
Adjustments for dilutive instruments, convertible notes (in shares)	12,216	12,152
Diluted weighted average number of common shares outstanding (in shares)	224,736	232,169
Net income per share attributable to common shareholders
Basic (in dollars per share)	$ 0.32	$ 0.50
Diluted (in dollars per share)	$ 0.31	$ 0.48
Stock options
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Adjustments for dilutive instruments, share based compensation (in shares)	9	152
Restricted share units
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Adjustments for dilutive instruments, share based compensation (in shares)	88	73

FAIR VALUE MEASUREMENTS AND F_3

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS - Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Assets:
Cash	$ 998,986	$ 1,017,562
Restricted cash	35,315	35,303
Marketable securities	38,646	46,923
Trade receivables	80,673	72,634
Derivative asset	1,351	987
Deferred consideration	23,261	22,610
Total assets	1,178,232	1,196,019
Level 1
Assets:
Cash	998,986	1,017,562
Restricted cash	35,315	35,303
Marketable securities	38,646	46,923
Trade receivables	0	0
Derivative asset	0	0
Deferred consideration	0	0
Total assets	1,072,947	1,099,788
Level 2
Assets:
Cash	0	0
Restricted cash	0	0
Marketable securities	0	0
Trade receivables	80,673	72,634
Derivative asset	1,351	987
Deferred consideration	0	0
Total assets	82,024	73,621
Level 3
Assets:
Cash	0	0
Restricted cash	0	0
Marketable securities	0	0
Trade receivables	0	0
Derivative asset	0	0
Deferred consideration	23,261	22,610
Total assets	$ 23,261	$ 22,610

FAIR VALUE MEASUREMENTS AND F_4

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS - Fair Value of Significant Unobservable Inputs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance as of January 1	$ 22,610	$ 21,460
Revaluations	651	124
Balance as of March 31	$ 23,261	$ 21,584

FAIR VALUE MEASUREMENTS AND F_5

FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS - Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Carrying amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 348,261	$ 365,534
Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	445,622	431,078
Level 1 | Senior Notes | 2019 Notes | Carrying amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	225,761	225,534
Level 1 | Senior Notes | 2019 Notes | Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	319,700	286,207
Level 2 | Term Loan | Carrying amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	122,500	140,000
Level 2 | Term Loan | Fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 125,922	$ 144,871

TRADE AND OTHER RECEIVABLES (De

TRADE AND OTHER RECEIVABLES (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Trade receivables	$ 94,525,000	$ 86,124,000
Value added tax receivables	24,138,000	20,723,000
Income tax receivable	6,403,000	9,374,000
Other taxes receivable	2,740,000	1,866,000
Other	4,873,000	3,269,000
Total	132,679,000	121,356,000
Provision for credit loss	$ 0	$ 0

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Inventory [Line Items]
Work-in-process	$ 5,820	$ 4,951
Finished goods	25,411	33,877
Total current inventories	419,749	389,416
Non-current inventories	221,358	221,617
Materials and supplies
Inventory [Line Items]
Raw materials	97,741	79,372
Non-current inventories	1,505	1,293
Stockpiled ore
Inventory [Line Items]
Raw materials	33,200	27,589
Non-current inventories	219,853	220,324
Leach pad inventory
Inventory [Line Items]
Raw materials	$ 257,577	$ 243,627

MINERAL PROPERTIES, PLANT AND_3

MINERAL PROPERTIES, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Total mineral properties, plant, and equipment	$ 4,168,058	$ 4,200,094
Accumulated depreciation, plant and equipment	(553,257)	(529,635)
Accumulated depreciation, mineral properties	(451,070)	(420,695)
Mineral properties, plant, and equipment, net	3,163,731	3,249,764
Finance lease, right-of-use asset, before accumulated amortization	105,700	114,900
Plant and equipment
Property, Plant and Equipment [Line Items]
Total mineral properties, plant, and equipment	1,745,105	1,762,833
Construction in process
Property, Plant and Equipment [Line Items]
Total mineral properties, plant, and equipment	51,832	36,841
Mineral properties subject to depletion
Property, Plant and Equipment [Line Items]
Total mineral properties, plant, and equipment	1,393,722	1,331,615
Mineral properties not yet subject to depletion
Property, Plant and Equipment [Line Items]
Total mineral properties, plant, and equipment	658,637	141,629
Exploration and evaluation assets
Property, Plant and Equipment [Line Items]
Total mineral properties, plant, and equipment	$ 318,762	$ 927,176

ACCRUED LIABILITIES AND OTHER_2

ACCRUED LIABILITIES AND OTHER (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Payables and Accruals [Abstract]
Accrued liabilities	$ 38,358	$ 51,544
Royalties payable	31,106	32,383
Dividends payable	15,015	0
Stock-based compensation liabilities	17,328	22,652
Income taxes payable	34,960	52,206
Lease liabilities	$ 1,884	$ 2,238
Lease liabilities [extensible enumeration]	Total accrued liabilities and other	Total accrued liabilities and other
Other	$ 2,379	$ 4,085
Total accrued liabilities and other	$ 141,030	$ 165,108

DEBT - Components of Debt (Deta

DEBT - Components of Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total carrying amount	$ 349,471	$ 366,984
Current Portion	71,210	71,491
Non-Current Portion	278,261	295,493
2019 Notes
Debt Instrument [Line Items]
Discount and debt issuance costs	4,200	4,500
2019 Notes | Convertible Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	225,761	225,534
Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	122,500	140,000
Other
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,210	$ 1,450

DEBT - Convertible Debt (Detail

DEBT - Convertible Debt (Details) - 2019 Notes - Senior Notes	Mar. 19, 2019USD ($)day$ / shares
Debt Instrument [Line Items]
Face amount	$ 230,000,000
Interest rate, stated percentage	2.50%
Proceeds from issuance of debt	$ 222,900,000
Commissions and expenses related to offering of debt	$ 7,100,000
Convertible, conversion ratio	0.0541082
Convertible, conversion price (in dollars per share) | $ / shares	$ 18.48
Convertible, threshold trading days | day	20
Convertible, threshold consecutive trading days | day	30
Convertible, threshold percentage of stock price trigger	130.00%

DEBT - Term Loan (Details)

DEBT - Term Loan (Details) $ in Thousands	Sep. 16, 2020USD ($)	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020
Debt Instrument [Line Items]
Restricted cash		$ 35,315	$ 35,303
Term Loan | Alacer
Debt Instrument [Line Items]
Face amount	$ 245,000
Notional amount assumed equal to percentage of debt outstanding				37.00%
Restricted cash		$ 32,900	$ 32,900
Historic and forecast debt service cover ratio, minimum	1.20
Loan life cover ratio, minimum	1.30
Tail reserves as a percentage of total reserves, minimum	30.00%
Term Loan | Alacer | Interest Rate Swap
Debt Instrument [Line Items]
Derivative, fixed interest rate		2.86%
Term Loan | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	3.50%
Term Loan | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	3.70%

DEBT - Credit Facility (Details

DEBT - Credit Facility (Details) - USD ($)	Jun. 07, 2021	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Line of credit		$ 0	$ 900,000
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 200,000,000
Line of credit facility, accordion feature	$ 100,000,000
Revolving Credit Facility | Line of Credit | Minimum
Debt Instrument [Line Items]
Standby fee percentage	0.40%
Revolving Credit Facility | Line of Credit | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.00%
Revolving Credit Facility | Line of Credit | Maximum
Debt Instrument [Line Items]
Standby fee percentage	0.60%
Revolving Credit Facility | Line of Credit | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	3.00%
Letter of Credit | Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate	66.00%
Commitment fee percentage	0.25%
Standby fee percentages of drawn amount	25.00%
Letter of Credit | Line of Credit | Minimum
Debt Instrument [Line Items]
Commitment fee percentage	0.25%
Letter of Credit | Line of Credit | Maximum
Debt Instrument [Line Items]
Commitment fee percentage	0.75%

DEBT - Scheduled Minimum Debt R

DEBT - Scheduled Minimum Debt Repayments (Details) $ in Thousands	Mar. 31, 2022USD ($)
Debt Disclosure [Abstract]
2022 (for the remainder)	$ 53,713
2023	70,000
2024	0
2025	0
2026	0
Thereafter	$ 230,000

SUPPLEMENTAL CASH FLOW INFORM_3

SUPPLEMENTAL CASH FLOW INFORMATION - Operating Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Decrease (increase) in operating assets:
Trade and other receivables	$ (10,394)	$ (14,322)
Inventories	(32,516)	(14,062)
Other operating assets	(5,734)	10,651
Increase (decrease) in operating liabilities:
Accounts payable	21,092	(2,519)
Accrued liabilities	(44,385)	(16,219)
Reclamation liabilities	118	(58)
Other operating liabilities	3,239	(9,172)
Net change in operating assets and liabilities	$ (68,580)	$ (45,701)

SUPPLEMENTAL CASH FLOW INFORM_4

SUPPLEMENTAL CASH FLOW INFORMATION - Other Cash Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Supplemental Cash Flow Information [Abstract]
Interest paid	$ (4,288)	$ (4,665)
Interest received	1,565	551
Income taxes paid	$ (67,593)	$ (10,339)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Surety Bond
Loss Contingencies [Line Items]
Environmental bonding obligation, outstanding	$ 117.9	$ 117

ASSETS AND LIABILITIES HELD F_3

ASSETS AND LIABILITIES HELD FOR SALE - Narrative (Details) - Disposal Group, Disposed of by Sale - Pitarrilla Project $ in Millions	Jan. 12, 2022USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Consideration in cash	$ 35
Consideration in equity	$ 35
Smelter
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Royalty fee, percentage	1.25%

ASSETS AND LIABILITIES HELD F_4

ASSETS AND LIABILITIES HELD FOR SALE - Components (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets held for sale	$ 63,670	$ 0
Liabilities held for sale	6,903	$ 0
Disposal Group, Disposed of by Sale | Pitarrilla Project
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and cash equivalents	205
Trade and other receivables	31
Prepaids and other current assets	122
Mineral properties, plant, and equipment, net	62,179
Other non-current assets	1,133
Assets held for sale	63,670
Accounts payable	24
Accrued liabilities and other	864
Deferred income tax liabilities	5,952
Reclamation and remediation costs	63
Liabilities held for sale	$ 6,903

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Apr. 14, 2022 - Subsequent Event - Taiga Gold Corp $ in Millions	USD ($)	$ / shares
Subsequent Event [Line Items]
Asset acquisition, share price (in CAD per share) | $ / shares		$ 0.265
Asset combination, consideration transferred | $	$ 24.5