# SSR Mining to Acquire Roxmore Resources and Converse Gold Project

- URL: https://stocks.freetheai.org/news/ssr-mining-to-acquire-roxmore-resources-and-converse-gold-project-df8901
- Published: 2026-10-14T14:02:00Z
- Category: mergers; sentiment: mixed; impact: medium
- Symbols: [NASDAQ:SSRM](https://stocks.freetheai.org/symbols/NASDAQ-SSRM)
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SSR Mining Inc. (SSRM) has signed a definitive agreement to acquire Roxmore Resources Inc., securing the Converse Gold Project located six kilometers west of its Marigold mine in Nevada. The transaction adds a multi-million-ounce gold deposit adjacent to existing operations. Following the deal, SSR Mining stock dropped 7.98% to $30.46.

Integrating Converse with the Marigold complex is projected to create more than $200 million in life-of-mine synergies compared to operating independently. The project is expected to contribute 150,000 to 170,000 ounces of gold annually. Once operational, SSR Mining anticipates its total U.S. production will average 350,000 to 400,000 ounces per year from 2033 to 2042, with peak annual output reaching 450,000 ounces.

Investors will watch development progress leading up to initial production at Converse, which is targeted for 2033 with a mine life exceeding 10 years. Analysts currently estimate 2026 earnings per share at $3.88, reflecting a 93% surge from the prior year.

## Key points

- SSR Mining Inc. signed an agreement to acquire Roxmore Resources Inc., including the Converse Gold Project in Nevada.
- The Converse project is estimated to add 150,000 to 170,000 ounces of gold annually starting by 2033.
- Combining Converse with the Marigold complex is expected to generate over $200 million in life-of-mine synergies.
- Shares of SSR Mining fell 7.98% to $30.46 following the announcement.

## Questions and answers

### What company is SSR Mining acquiring?

SSR Mining Inc. entered into a definitive agreement to acquire Roxmore Resources Inc., gaining the Converse Gold Project near its Marigold complex in Nevada.

### When will initial production begin at the Converse Gold Project?

SSR Mining projects initial production at the Converse project by 2033, with an expected mine life of over 10 years.

### How much gold output will Converse add to SSR Mining?

The Converse project is expected to generate 150,000 to 170,000 ounces of gold annually, boosting average U.S. production to 350,000-400,000 ounces per year between 2033 and 2042.