SSR Mining To Acquire Roxmore Resources In $464 Million Deal - Pulse 2.0

AI desk brief

SSR Mining will acquire Roxmore Resources in an all-cash deal valued at about $464 million equity value, adding the Converse Gold Project in Nevada to its U.S. portfolio. SSR estimates Converse could eventually contribute 150,000-170,000 oz/yr of gold and lift combined U.S. output to 350,000-400,000 oz/yr through much of the 2030s, though first production is not targeted until 2033 and initial capex is estimated at $800 million-$900 million.

The company says the Marigold-Converse combination could generate more than $200 million of undiscounted life-of-mine synergies, with no material development spending expected until the early 2030s. The transaction is supported by holders representing about 26.8% of Roxmore’s shares and is expected to close in Q4 2026, pending approvals.