SSRI meaning in Business ?

Business Miscellaneous in Business . 1 month ago

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What is Silver Standard Resources Inc mean?

SSR Mining, formerly Silver Standard Resources is a Vancouver based gold, silver, zinc and tin producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the America's (6 countries) and Australia. Though its assets consist of 14 properties scattered across three continents it currently (January 2011) receives revenue from only one operation (Pirquitas, Argentina which started operating in December 2009). Silver Standard also has a total gold resource of over 3.5 million ounces though 2P reserves represent only 5%. 12 of the 14 projects are 100% owned (exceptions are San Luis (70%) and Maverick Springs is (55%). Not surprisingly a lot of its silver is in Mexico, Peru, the USA and Australia (those countries are the four largest producers of silver; Australia has the largest resource of silver).

2010 zinc production was about three million pounds (1.5 million in the fourth quarter). Tin production was on track to be near 100,000 pounds (about six times less than previously estimated)

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Posted on 07 Oct 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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