Silver Standard Resources Inc

1 Jobs

Careers at Silver Standard Resources Inc

Why work for us

Silver Standard Resources is a Vancouver-based mining company with assets throughout the Americas. It is listed on the Toronto Stock Exchange (TSX: SSO) and on the NASDAQ Global Market (NASDAQ: SSRI). The company owns and operates the Pirquitas mine in Jujuy, Argentina, which is one of the largest primary silver mines in the world. Pirquitas achieved commercial production in December 2009. In 2012, the mine produced 8.6 million ounces of silver, exceeding production guidance for the year, and is expected to produce up to 8.5 million ounces of silver in 2013. Silver Standard also has two wholly owned feasibility stage projects, Pitarrilla in Mexico and San Luis in Peru. On July 12, 2005, Silver Standard Resources Inc. reported the remaining outstanding drilling results from the Berenguela project located five kilometers east of Santa Lucia on the altiplano of southern Peru. Marigold On February 4, 2014, it was announced that Silver Standard purchased the Marigold mine, located in Nevada, approximately 64 kilometers southeast the town of Winnemucca. The mine was jointly owned by Vancouver-based Goldcorp Inc. and Toronto-based Barrick Gold Corporation. Goldcorp was the operator of the mine with a 66.7% ownership stake, while Barrick owned the other 33.3%. Both companies released statements with the announcement saying that the reason for the sale was to strengthen their companies respective portfolios and to focus on their "core assets". The deal, which closed by April 4, 2014, reported to be for $275 million. Marigold is an open pit Carlin Type oxide style gold deposit with heap leach pad recovery methods. in 2015 Marigold broke their record for production by producing 207,006 ounces of gold in one year, historically unprecedented in the mines history since active mining began in 1989.