What was the contribution of the Ăöpler operation to overall production and costs, given the AISC exclusion of Ăöpler costs?
Answer
The press release tells us the following key figures for the secondâquarter (Q2âŻ2025) results of SSRâŻMining:
| Metric (Q2âŻ2025) | Value |
|---|---|
| Total production | 120,191âŻgoldâequivalent ounces (oz) |
| Cost of sales | USâŻ$1,396 per payable ounce |
| Allâin Sustaining Cost (AISC) ââŻincluding all operations | USâŻ$2,068 per payable ounce |
| AISC ââŻexcluding the costs incurred at the Ăöpler mine | USâŻ$1,858 per payable ounce |
From these numbers we can deduce the financial contribution (i.e., cost impact) of the Ăöpler operation:
| Item | Calculation | Result |
|---|---|---|
| AISC differential | $2,068âŻââŻ$1,858 | $210 per payable ounce |
| Interpretation | The Ăöpler mine adds $210 of cost to the AISC for every payable ounce produced in the quarter. |
What this means for Ăöplerâs contribution
Cost impact â The Ăöpler operation raises the companyâs AISC by $210 per payable ounce. In other words, if we strip out Ăöplerâs expenses, the AISC falls from $2,068 to $1,858, a reduction of $210.
Production impact â The press release does not disclose the exact number of ounces that came from Ăöpler in Q2âŻ2025. Because the total production figure (120,191âŻoz) is presented for the consolidated company, we can only state that Ăöpler contributed a portion of those ounces, but the precise share is not provided in the release.
Costâperâounce perspective â The $210/oz differential can be interpreted as the average cost of Ăöplerâs output (including mining, processing, and sustaining expenses) that is added to the overall cost base. If we wanted to estimate the total cost contribution of Ăöpler in dollar terms, we would need the number of payable ounces it produced:
[
\text{Ăöplerâs total cost contribution} = \text{(Ăöpler ounces)} \times \$210
]
Since the âĂöpler ouncesâ figure is not disclosed, the exact dollar amount cannot be calculated from the information given.
Summary
- Overall Q2âŻ2025 production: 120,191âŻgoldâequivalent ounces.
- AISC with all operations: $2,068/oz.
- AISC when Ăöplerâs costs are removed: $1,858/oz.
- Resulting cost impact of Ăöpler: $210 per payable ounce added to the AISC.
- Production contribution of Ăöpler: Not quantified in the release; only the cost impact is disclosed.
Thus, the Ăöpler operationâs contribution to SSRâŻMiningâs Q2âŻ2025 results is reflected in a $210/oz increase in the allâin sustaining cost when its expenses are included, while the exact ounce contribution to the 120,191âŻoz total remains unspecified.