On Monday, the corporate mentioned the hearth exercise has considerably decreased since, and all workers have been cleared to return to the positioning to start repairs to distant tools which were broken by the hearth.
In the meantime, the method plant and Santoy mine, the place mining has been happening at Seabee, have had no materials harm, SSR mentioned, including that it’s going to replace its manufacturing and value steering in its third quarter 2024 monetary outcomes.
Final 12 months, Seabee produced 90,777 oz. of gold, and is forecast to provide 75,000-85,000 oz. of gold in 2024 at all-in sustained price of $1,495-$1,535 per payable oz.
Acquired by SSR in 2016, the Seabee operations beforehand consisted of two underground mines, however the Seabee mine, which entered manufacturing in 1991, had exhausted all its sources. The Santoy mine has been in steady manufacturing since 2014.
As of year-end 2023, Seabee had an estimated mineral reserve base of 343,000 oz. of gold at a mean grade of 5.17 g/t. Present exploration packages are targeted on new reserve development at each Santoy and the Hole Hangingwall targets.