SSR Mining says eight employees detained after Turkey mine landslide (updated)

SSR Mining

17/02/2024 03:36

(Adds details from statement and background, paragraphs 3-5)
       Feb 16 (Reuters) - Gold miner SSR Mining said on Friday
that eight of its employees have been detained amid an
investigation into a landslide at its mine in Turkey and that
operations there remain suspended.
    SSR Mining on Wednesday suspended production at its Copler
mine in eastern Turkey after the landslide, which left at least
nine miners missing and sparked a more than 50% plunge in its
Toronto-listed shares.
    Search and rescue operations to locate the nine missing
workers at the mine are continuing, the miner said in the
statement.
    The mine produced 56,768 ounces of gold in the third-quarter
of last year, and is SSR's second-largest producing gold mine,
operating since 2010. The stock slide wiped out about C$1.4
billion ($1.04 billion) from the company's market value.
        The company had said in a regulatory filing on Wednesday
that operations were suspended as a result of a "large slip on
the heap leach pad".
    
 ($1 = 1.3484 Canadian dollars)

 (Reporting by Kanjyik Ghosh; Editing by Stephen Coates and Raju
Gopalakrishnan)
 ((Kanjyik.Ghosh@thomsonreuters.com;))