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The cripple creek & victor gold mine (“cc&v”) (100% ssrm owned) is located approximately 160 kilometers (100 miles) southwest of denver, colorado Ssr) (“ssr mining” or the “company”) is pleased to announce the completion of the previously announced acquisition (the “transaction”) of the cripple creek & victor (“cc&v”) gold mine from newmont corporation (“newmont”) on february 28, 2025. The cripple creek & victor gold mine, formerly and historically the cresson mine, is an active gold mine located near the town of victor, in the cripple creek mining district in the us state of colorado.
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Cc&v is an epithermal gold deposit associated with alkalic intrusive rocks mined via conventional open pit mining methods Denver — ssr mining inc All of the current mineral reserves are oxides, which are stacked on.
Ssr mining has announced a definitive agreement to acquire the cripple creek & victor gold mine (cc&v) in colorado, us, from newmont corporation
The deal, valued at $100m in upfront consideration with the potential for up to $175m in additional payments, is set to close in the first quarter of 2025. Cc&v is expected to meaningfully increase ssr mining’s scale, free cash flow and portfolio diversification, and positions the company as the third largest gold producer in the u.s.a. Ssr) announced on friday it has acquired the cripple creek & victor (cc&v) gold mine in colorado from newmont (nyse
