MASHINIi

SSR Mining Inc..

SSRM.US | Mining of other non-ferrous metal ores

SSR Mining Inc. is a precious metals mining company that engages in the operation, development, exploration, and acquisition of precious metal mineral properties. It primarily explores for gold, silver, and base metal deposits. The company has operations in the Americas, including the United States,...Show More

Ethical Profile

Mixed.

SSR Mining Inc. faces scrutiny over its Çöpler Mine, where a class action complaint alleges misleading statements on safety and a June 2022 diluted cyanide leak resulted in temporary suspension. The 2024 sustainability report also notably excludes Çöpler data. Environmentally, SSR Mining reported 308,333 tonnes Scope 1 and 92,947 tonnes Scope 2 CO₂e emissions in 2022, with an 89% water reuse rate and a 2050 net-zero target. A partner company, Anagold, experienced an 8GB data breach. Positively, SSR Mining donated $100,000 for kidney care, aiding Indigenous communities.

Value Scores

Better Health for All-80
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-40
-100100
Honest & Fair Business0
-100100
Kind to Animals-10
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-30
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-80

The company's core mining operations have caused severe, widespread health damage. The Çöpler gold mine collapse on February 13, 2024, buried nine miners alive and led to irreversible contamination of soil and groundwater with arsenic, cadmium, and lead, impacting millions across Turkey, Syria, and Iraq.

1
This disaster was found to be entirely preventable and linked to administrative and corporate negligence, with known risks ignored and radar monitoring systems malfunctioning for two years due to budget constraints.
2
The company's entire revenue is derived from these mining activities, which have demonstrated severe negative health outcomes. The safety record includes this catastrophic incident with nine fatalities, a fatality at Puna in January 2022, a cyanide pipeline rupture in June 2022, and multiple regulatory violations.
3
The company's leadership allegedly concealed the absence of real-time monitoring systems and exaggerated safety compliance in ESG disclosures.
4
Anagold operated key environmental monitoring systems, controlling much of the data used in official reports, and Turkish officials admitted no centralized data existed to track ore added to the leach pad.
5
Anagold offered families up to 18 million Turkish lira to drop lawsuits, with seven of nine families accepting.
6
The company's support for healthcare workers is minimal, with unionization efforts for subcontractors dragging on for 11 years, effectively denying collective bargaining rights.
7
Preventative health measures are limited to on-site campaigns and basic COVID-19 protocols.
8
The company's operations have led to significant health-harming externalities, including a cyanide leak into farmland in June 2022, for which a fine was recorded as a 'non-material expense'.
9
Community investment in health was $23,624 in 2023, representing a small fraction of total investment.
10
The company made a $100,000 donation to a kidney care campaign in Saskatchewan, benefiting remote and Indigenous communities.
11
The company funds a breakfast program for over 200 students in La Ronge.
12
The company provided 1,398 scholarships at Çöpler in 2022, with 60% awarded to women.
13

Fair Money & Economic Opportunity

0

SSR Mining Inc. is a precious metals mining company, and its core business does not involve offering lending, insurance, or other financial services to consumers.

1
The provided articles confirm the company's focus on mining operations and sustainability performance, without any mention of financial products or services. Therefore, all KPIs related to financial services under the 'Fair Money & Economic Opportunity' value are not applicable to the company's operations.

Fair Pay & Worker Respect

0

No evidence available to assess SSR Mining Inc. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

-40

SSR Mining reported no indications or instances of modern slavery in its operations during 2023 and 2024.

1
The company's 2024 procurement spend on local suppliers was 86% for Marigold, 12% for Seabee, and 20% for Puna.
2
In 2023, procurement spend on local suppliers was 19% for Çöpler, 92% for Marigold, 97% for Puna, and 26% for Seabee.
3
No overall percentage of procurement budget directed to indigenous, minority, or local community suppliers is provided, nor are strategic targets.

Honest & Fair Business

0

No evidence available to assess SSR Mining Inc. on Honest & Fair Business.

Kind to Animals

-10

As a precious metals mining company, SSR Mining's core operations do not involve animal-derived products, animal testing, or animal agriculture, rendering several KPIs not applicable. However, its mining activities have documented negative impacts on wildlife. The Çöpler Gold Mine is described as destroying the ecological environment and killing wildlife, with its site expanding to 1,747 hectares, including forest and pasture.

1
Chemical usage, such as 11,000 tons of cyanide per year, has been linked to bee deaths.
2
The Marigold Mine Project is seeking a permit for the incidental take of 0.59 eagles per year, or 7.67 eagles over 13 years, and the removal of one golden eagle nest.
3
The combined permitted and reported unpermitted take of golden eagles is 3.35 per year, representing 0.4% of the local population.
4
While the company states a commitment to protect and conserve biodiversity and strives for net-neutral biodiversity impacts,
5
and mentions actions like protecting sage-grouse habitat and enforcing hunting/felling bans,
6
there are no measurable positive outcomes for species recovery or habitat restoration provided. The company engages with the U.S. Fish and Wildlife Service regarding eagle take permits and with tribal governments,
7
but there is no evidence of active advocacy for higher animal welfare standards or policy improvement.

No War, No Weapons

0

The provided articles do not contain any quantitative or qualitative data relevant to SSR Mining Inc.'s involvement with arms manufacturing, military contracts, conflict facilitation, or peacebuilding initiatives. Specifically, there is no information regarding revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment policy, board oversight of defense activities, export certifications, lobbying against arms control, humanitarian procurement compliance, human rights due diligence frequency in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use screening, surveillance transparency, ethical red lines, exposure to controversial weapons, war-risk audits, annual conflict partner reviews, defense divestment, conflict mineral percentages, peace tech investment ratios, conflict zone procurement, or ethical red line compliance rates.

1

Planet-Friendly Business

-40

In 2022, SSR Mining Inc. reported Scope 1 emissions of 308,333 tonnes CO₂e and Scope 2 emissions of 92,947 tonnes CO₂e, totaling 401,280 tonnes CO₂e.

1
However, Scope 3 emissions data was not provided. The company has a net-zero target year of 2050.
2
In 2022, the company achieved an 89% water reuse/recycle rate.
3
No revenue data was provided to calculate water use per revenue unit, so this KPI cannot be scored. While a class action complaint alleges misstatements regarding safety and environmental permits,
4
no specific regulatory actions, violations, or fines were mentioned in the provided articles for the reporting periods.
5

Respect for Cultures & Communities

0

The company has 5 formal partnerships with local community groups. In 2022, 0.22% of revenue ($2,541,168) was reinvested in community development.

1
No cultural appropriation incidents have been reported.
2
The company conducts Environmental Impact Assessments that cover social and economic issues, and has a Land Access and Resettlement Policy, but a formal cultural impact assessment protocol is not explicitly detailed.
3
All operations have grievance mechanisms in place, and the company aims to resolve grievances within 30 days.
4
In 2024, 17 grievances were received and 19 resolved across Marigold, Puna, and Seabee.
5
Free, Prior, and Informed Consent (FPIC) was obtained from the six direct communities near the Chinchillas mine.
6
For local employment, 91% of Seabee employees are considered local (including Indigenous employees) in 2022, and 48% of Puna's workforce is local.
7
The Çöpler Mine aims to hire 90% of unskilled workers and 80% of semi-skilled workers from local communities.
8
In 2020, 91% of total procurement spend was with local and national suppliers.
9
In 2024, Marigold had 86% local procurement, Seabee 20%, and Puna 12%.
10
The Chinchillas mine is located 25 km from a UNESCO protected biosphere reserve, and monitoring data indicates no impact from operations.
11
The company states that safe cyanide management is crucial for maintaining its social license to operate.
12
The Puna Operations Social Development Fund has community representatives on its board, and an initial contribution of USD 100,000 was made in 2022, representing 10% of the annual contribution.
13
Community investment in Arts, Culture, and Sports was $1,288,177 in 2022, which is 0.11% of revenue.
14
In 2022, 100% of corporate employees and the board completed training on the Code of Business Conduct and Ethics, but specific cultural sensitivity training completion rates are not provided for the broader workforce.
15

Safe & Smart Tech

-30

SSR Mining Inc. reported no material cybersecurity incidents impacting its operations, critical data, or financial performance for the year ended December 31, 2024, or prior.

1
However, a minor ransomware attack targeted its Turkish subsidiary, Anagold, in November 2022, which did not cause significant disruption.
2
The company conducts regular employee cybersecurity training and proactively identifies vulnerabilities and monitors for unauthorized activity.
3
External consultants are engaged for assessments based on the NIST Cybersecurity Framework.
4
The company's privacy policy states that users can request correction and access to their data, but a fee may apply.
5
The policy also generally mentions compliance with applicable privacy legislation and retention of data only as needed, without specifying data minimization practices or retention periods.
6

Zero Waste & Sustainable Products

0

No evidence available to assess SSR Mining Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.