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DENVER - SSR Mining Inc. (NASDAQ:SSRM) (TSX:SSRM), a $2.59 billion market cap mining company with over $1 billion in annual revenue, has resumed operations at its Seabee mine after a two-week suspension caused by forest fires, according to a press release statement from the company.
The mining operations restarted on the evening of Friday, June 13, following temporary power interruptions that had halted activities. The company reported that power supply has been fully restored to the site.
The forest fires that caused the disruption were located to the north of the mine. SSR Mining confirmed that no damage occurred to the mining facility during the incident.
Seabee is one of several mining operations in SSR Mining’s portfolio. The company is dual-listed on the Nasdaq and Toronto Stock Exchange under the ticker symbol SSRM.
The temporary shutdown lasted approximately two weeks before operations could safely resume.
In other recent news, SSR Mining Inc. has temporarily suspended operations at its Seabee mine due to power outages caused by nearby forest fires. The fires are located approximately 15 kilometers north of the mining site and currently do not pose an immediate threat to the mine or its infrastructure. This decision was made as a precautionary measure to ensure the safety of staff amid the environmental threat. The company is closely monitoring the situation and has committed to providing further updates as necessary. While the duration of the suspension and its impact on production remain unspecified, SSR Mining has assured that all necessary safety precautions are in place. The company is also prepared to implement its emergency response plan if required. Investors and stakeholders are advised to stay informed as additional information becomes available. SSR Mining’s shares are traded on both the Nasdaq and the Toronto Stock Exchange.
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