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SSR Mining Announces Temporary Suspension of Operations at Seabee Due to Power Interruptions Caused by Forest Fires

1. SSR Mining's Seabee operations are suspended due to nearby forest fires. 2. Fires are 15 kilometers from the mine; no immediate threat to infrastructure. 3. Company is taking safety precautions for staff during this period. 4. Regular updates will be issued as more information becomes available.

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FAQ

Why Bearish?

The suspension of operations indicates potential production losses. Historical instances show that similar operational suspensions negatively impact stock prices in the mining sector.

How important is it?

The operational suspension can lead to immediate production and revenue impacts. Thus, it carries significant weight for investors assessing SSRM's short-term value.

Why Short Term?

The immediate effects stem from the operational halt. Price recovery could take time depending on the resolution of the fire situation.

Related Companies

- DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) (“SSR Mining” or the “Company”) announces that operations at Seabee have been temporarily suspended due to power interruptions caused by forest fires in the vicinity of the mine. The forest fires are currently located approximately 15 kilometers to the north of the site. At this stage, the fire does not pose an immediate threat to site and infrastructure, however normal-course safety precautions are being taken to ensure the safety of our staff. Further updates will be provided as necessary. About SSR Mining SSR Mining is listed under the ticker symbol SSRM on the Nasdaq and the TSX. For more information, please visit: www.ssrmining.com. More News From SSR Mining Inc.

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