SSR Mining Inc.

Hello, everyone, and welcome to SSR Mining's third quarter 2024 financial results conference call. This call is being recorded. At this time, for opening remarks and introductions, I would like to turn the conference call over to Alex Honchak from SSR Mining.

Thank you, Operator, and hello, everyone. Thank you for joining today's conference call, during which we'll provide an update on the Tobler incident, as well as a review of our third quarter financial results. Our consolidated financial statements have been presented in accordance with U.S. GAAP. These financial statements have been filed on ADGAR, CDAR, the ASX, and are also available on our website. To accompany our call, there is an online webcast, and you will find the information to access the webcast in our news release relating to this call. Please note that all figures discussed during the call are in U.S. dollars unless otherwise indicated. Today's discussion will include forward-looking statements, so please read the disclosures in the relevant documents. We will refer to non-GAAP financial measures during our discussion and in the accompanying slides. Please see our press release for information about the comparable GAAP measures. Rod Antle, Executive Chairman, will be joined by Michael Sparks, Chief Financial Officer, and Bill McNiven, EVP Operations and Sustainability on today's call. I will now turn the line over to Rod.

Thanks, Alex, and thanks, everyone, for joining us today. I'm going to start today's call with an update on Chirpler, summarising the work completed to date and the key areas of focus going forward. We will then provide an update on the third quarter financial results and operational highlights from Marigold, Seabee and Poona. At Chirpler, we've made good progress on the four key priorities since the incident. These have been, first, the recovery of our missing colleagues, Two, the containment and remediation of the site. Third, the investigation into the root cause of the heap leach failure. And fourth, preparing for the restart of the Chirpillar mine. With respect to our missing colleagues, all nine individuals have been recovered and returned to their families. We are continuing to support the families and the community members impacted by the Chirpillar incident. Second, all of the planned containment infrastructure has been successfully installed and are proving to be effective. Public statements from the Turkish government officials continue to reiterate that there has been no recordable contamination to local soil, water or air in the sampling locations. In partnership with the Turkish authorities, we have continued to progress the remediation at site. The progress has been made to date with over 16 million tonnes of the displaced heap leach material moved into temporary storage locations, including substantially all the displaced material from the Suburli Valley. As part of remediation work and as previously disclosed, the heap leach pad will be permanently closed and no future heap leach processing will take place at Czerpla. We're continuing discussions with the Turkish government officials around the final remediation plan, including the approval and construction of the storage facility, which will permanently store all of this displaced material. The Chirpilla remediation and containment work is estimated to cost between $250 to $300 million and take a total of 24 to 36 months to complete. In the third quarter of 2024, $48 million was spent on remediation activities at Chirpilla, bringing total remediation spend since April 1 to $103 million. Third, on the incident investigation, The initial design of the heap leach facility prepared prior to commencing production in 2010 and each subsequent expansion thereafter was engineered, reviewed and approved by independent third party engineering firms. Throughout the various stages of construction across the life of the heap leach facility, third party reviews were also conducted to ensure conformance with underlying engineering design parameters. The investigations into the cause of the Chirpler incident began shortly after the event. We commissioned independent experts to review the design, construction and operations of the Heapledge facility. To date, this review has not identified any material non-conformance with the construction or operation of the Heapledge facility relative to the third party engineered design parameters. The last point with respect to a potential restart. We continue to work closely with the relevant authorities to advance the required permits for the restart of the Chervla mine. Once all regulatory approvals, including the operating permits, are reinstated, it is anticipated that the initial operations at Chervla could restart within 20 days from that point. So now let's move on to slide four, where Michael will discuss the third quarter results.