07:37 AM EST, 12/31/2024 (MT Newswires) -- SSR Mining ( SSRGF ) on Tuesday said Marigold Mine achieved five million ounces of gold production on Dec. 30, 2024.

"In 2024, we targeted approximately US$10 million in growth expenditures at Marigold as we continue to invest meaningfully in mine life extension opportunities at the mine, including at the Buffalo Valley project," said SSR Mining ( SSRGF ) Executive Chairman Rod Antal in a statement. "We look forward to many more years of safe, responsible and successful operations at Marigold going forward."

The statement noted Marigold had been in continuous operation for more than 35 years and has produced more than 2 million ounces of gold since its acquisition by SSR Mining ( SSRGF ) in 2014.

Shares of the company closed down $0.34 or 3.3%, to $9.84 on Monday on the Toronto Stock Exchange.