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SSR Mining halts operations at Çöpler mine due to heap leach pad slip

EditorEmilio Ghigini
Published 13/02/2024, 13:58
© Reuters.
SSRM
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DENVER - SSR Mining (NASDAQ:SSRM) Inc. (NASDAQ:SSRM; TSX:SSRM; ASX:SSR), a prominent gold mining company, announced today the suspension of operations at its Çöpler mine in Turkey following a significant slip on the heap leach pad. The incident occurred early this morning, leading to an immediate halt of all mining activities at the site.

The company has not provided details on the cause of the slip or the extent of the impact on production. However, the sudden suspension of operations at Çöpler, one of SSR Mining's four producing mines, could potentially affect the company's output. Over the past three years, SSR Mining's assets have collectively produced an average of over 700,000 gold-equivalent ounces annually.

In response to the situation, SSR Mining's senior leadership team will conduct a conference call today to discuss the current state of operations and the company's strategic outlook. Interested parties, including investors and media, are invited to join the call or listen to the webcast.

The conference call will be accessible in the U.S. and Canada through a toll-free number and internationally with a separate dial-in number. An audio replay of the call will be available for two weeks following the event. Further details and access information for the webcast can be found on SSR Mining's investor relations website.

SSR Mining Inc. is recognized for its focus on generating free cash flow and has a diverse portfolio of production and development assets across North America, South America, and Turkey. The company is publicly traded, with listings on the Nasdaq, TSX, and ASX under the ticker symbols SSRM and SSR, respectively.

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This news article is based on a press release statement from SSR Mining Inc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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