Cripple Creek & Victor Gold Mine

What Cripple Creek & Victor Gold Mine does

Cripple Creek & Victor Gold Mine (CC&V) is an open-pit gold and silver mining operation located in Teller County, Colorado, USA. The mine employs 11–50 people and manages over 12,000 acres of mineral, agricultural, and forested land. Gold extraction is performed using heap leaching, supported by automated systems and real-time data analytics for operational monitoring and efficiency. The operation produces gold and silver for sale into global commodities markets, with a stated annual production capacity of 170,000 ounces of gold.

CC&V was acquired by SSR Mining Inc. (NASDAQ: TSX: SSRM) in February 2025 for $100 million upfront plus up to $175 million in contingent milestones, becoming a wholly-owned subsidiary. SSR Mining announced a 12-year life of mine plan for the asset with an NPV5% of $824 million, and indicated potential for further mineral reserve conversion. Revenue contribution to SSR Mining was reported at $283.1 million. The operation also runs sustainability programs, including a 90%+ water recycling rate, restoration of over 1,000 acres for agricultural and habitat use, and reclamation of 120+ disturbed acres annually while preventing 500+ tons of topsoil erosion per year through soil stewardship protocols.

The mine generates revenue by selling extracted gold and silver into commodity markets, bullion dealers, refiners, mints, and industrial buyers at market-determined prices. Pricing is not contractually negotiated and is instead driven by spot gold/silver prices, making the business a price-taker. Go-to-market is purely upstream commodity distribution rather than product marketing. The asset is part of SSR Mining's broader strategic positioning as a pure-play Americas gold and silver producer, following the divestiture of its Çöpler operation in Turkey.

Name

Cripple Creek & Victor Gold Mine

Legal name

Cripple Creek & Victor Gold Mining Company

Website

https://ccvgoldmining.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

Cripple Creek & Victor Gold Mine is an open-pit gold and silver mining operation in Teller County, Colorado, using heap leaching with automation and real-time data analytics. Now a wholly-owned subsidiary of SSR Mining, it produces 170,000 ounces of gold annually for commodity markets.

Ownership category

akta.pro rank

Product category

Gold Mining

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold mining operations
• Precious metals extraction
• Heap leach mining
• Open pit mining
• Mineral exploration

Headquarters

HQ city

Victor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Gold and Silver Production: The mine generates revenue through gold and silver extraction and sale. Contributed $283.1 million in revenue to parent company SSR Mining with expected annual production of 170,000 ounces of gold.

Core offering

Cripple Creek & Victor Gold Mine is an open-pit gold and silver mining operation in Teller County, Colorado, USA. It produces gold via heap leaching and is expected to produce 170,000 ounces of gold annually, contributing $283.1 million in revenue to its parent company SSR Mining. The operation manages more than 12,000 acres of mineral, agricultural, and forested land with progressive reclamation practices and over 90% water recycling.

Product overview

Cripple Creek & Victor Gold Mine is a gold mining operation that operates as a single core product. The mine utilizes heap leaching technology for gold extraction and is structured under a 12-year Life of Mine Plan announced by its parent company SSR Mining. The operation focuses on sustainable mining practices with water recycling, land reclamation, and environmental stewardship as key operational priorities.

Differentiator

Problem solved

Functional benefit

Products and services

• Cripple Creek & Victor Gold Mine (Gold and Silver Production)

Quantifiable outcome

• 90%+ water recycling rate achieved
• +4 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves1 record

Broad incumbents

• AngloGold Ashanti plc: Global senior gold producer and the previous owner of CC&V before divesting it to SSR Mining. Comparable as a large-scale, multi-asset gold miner with prior operational and strategic familiarity with the Cripple Creek & Victor asset.
• Barrick Gold Corporation: The world's second-largest gold miner, with significant open-pit and heap leach operations in the Americas (including Nevada Gold Mines). Barrick is comparable as a large-scale gold producer with overlapping North American operations and similar extraction technology choices.
• Newmont Corporation: The world's largest gold miner with a long-standing presence in the Cripple Creek district of Colorado and broader US/North American gold operations. Newmont competes with CC&V for the same talent, regulatory standing, and investors within the Colorado gold sector, making it the most directly comparable large incumbent.
• Agnico Eagle Mines Limited: Senior gold producer with a diversified portfolio of North American mining operations, including open-pit and underground assets. Comparable to CC&V on geography, scale of production, and positioning as a long-life gold producer.

Direct peers

• SSR Mining Inc. Parent company of CC&V and a mid-tier Americas-focused gold and silver producer operating multiple open-pit heap leach mines. SSR Mining is the closest direct peer as it both owns and operates assets directly comparable to CC&V, and sets the strategic and operational context for the asset.
• Coeur Mining: North American-focused precious metals producer operating open-pit and underground silver and gold mines across the US and Mexico. Comparable as a mid-cap Americas-focused precious metals operator with similar product mix (gold and silver) and customer base.
• Kinross Gold Corporation: Mid-tier global gold producer with US operations including Round Mountain in Nevada, an open-pit heap leach operation similar in technology and scale to CC&V. Kinross is comparable on extraction method, asset profile, and mid-cap gold producer positioning.
• Hecla Mining Company: The oldest US-listed precious metals miner, primarily producing silver with gold byproduct from North American operations. Hecla is comparable on its US-centric precious metals exposure and similar positioning as a North American-focused gold and silver producer.

Emerging players

• Eldorado Gold Corporation: Mid-tier gold producer with operations primarily in Turkey, Canada, and Greece; previously owned CC&V. Eldorado is comparable through its historical operation of CC&V itself and continued involvement in open-pit gold extraction at similar scales.
• Alamos Gold Inc. Intermediate gold producer with operations in North America (including Young-Davidson in Ontario and Island Gold). Comparable on mid-cap size, North American production base, and open-pit/underground gold mining profile.

Market position

Weaknesses5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/newmont
• Facebookfacebook.com/ccvgoldmining
• LinkedInlinkedin.com/company/15985335

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cripple Creek & Victor Gold Mine