SSR Mining Shares Plunge 61% After Landslide at Turkish Mine
- Nine workers are unaccounted for after mining incident
- Turkey initiates investigations into landslide at gold mine
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Shares of precious metals producer SSR Mining Inc. plunged as much as 61% Tuesday after the US company halted operations at its flagship Turkish gold mine following a landslide — its second incident at the site within two years.
SSR said it suspended operations at Çöpler Mine in eastern Turkey after a “large slip” on the mine’s heap leach pad — a pond where metals are extracted from ore — Tuesday morning. Rescue teams were sent to the area and nine workers were unaccounted for, according to a statement from Turkey’s Energy & Natural Resources Ministry.