{"id":801326,"date":"2025-01-15T17:03:33","date_gmt":"2025-01-15T22:03:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/"},"modified":"2025-01-15T17:03:33","modified_gmt":"2025-01-15T22:03:33","slug":"ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/","title":{"rendered":"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident"},"content":{"rendered":"

<\/p>\n

SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident<\/b><\/p>\n

DENVER–(BUSINESS WIRE<\/a>)–
\nSSR Mining Inc. (Nasdaq\/TSX: SSRM; ASX: SSR) (\u201cSSR Mining\u201d or the \u201cCompany\u201d) provides an update on the February 13, 2024 incident at \u00c7\u00f6pler (the \u201c\u00c7\u00f6pler Incident\u201d).<\/p>\n

\nFollowing the \u00c7\u00f6pler Incident, the Company commissioned Call & Nicholas, Inc. (\u201cCNI\u201d), an international mining consulting firm that specializes in geological engineering, geotechnical engineering, and hydrology, to conduct an independent review of the heap leach failure at \u00c7\u00f6pler. After analysis of the engineering design, construction, and operation of the heap leach facility, and comprehensive reverse-engineering of the failure, CNI determined that the most likely cause of the \u00c7\u00f6pler Incident was a deeply-rooted flaw in the third-party engineered design of the heap leach pad.<\/p>\n

\nThe review found that in the third-party engineered design, the assessment of the test data overestimated the shear strength properties of the liner system at the base of the heap leach, which inflated the calculated factor of safety values in the third-party engineered design. This error resulted in insufficient shear strength along the liner interface to support the as-designed heap leach facility.<\/p>\n

\nImportantly, CNI also determined that in all material respects, the heap leach pad construction and operation was carried out in conformance with the issued-for-construction engineered design parameters. In addition, CNI\u2019s review did not find any substantiation that excess water, ground vibrations from blasting, nor stacking beyond the design caused the event.<\/p>\n

\nRod Antal, Executive Chairman, said: \u201cThe independent expert review of the \u00c7\u00f6pler Incident has been an important body of work for the Company to determine the cause of the \u00c7\u00f6pler Incident. Knowing now that the failure was the result of an engineering design flaw, and not the result of a failure in our operation or construction of the pad, provides clarity and some reassurance to the team on the ground as we seek to restart the \u00c7\u00f6pler mine. We remain deeply saddened by the profound impact of this tragedy and we remain committed to \u00c7\u00f6pler, the local communities and T\u00fcrkiye.\u201d<\/p>\n

\nSSR Mining continues to work closely with the relevant authorities to advance the required permits for the restart of the \u00c7\u00f6pler mine. At this time, we are not able to estimate or predict when and under what conditions we will resume operations at \u00c7\u00f6pler.<\/p>\n

\nFor additional information on the \u00c7\u00f6pler Incident, including a discussion of the associated risks, see the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2023 filed on February 27, 2024, as well as the Company\u2019s Quarterly Reports on Form 10-Q for the quarter ended March 31, 2024 filed on May 8, 2024, for the quarter ended June 30, 2024 filed on July 31, 2024, and for the quarter ended September 30, 2024 filed on November 6, 2024. Further updates on the \u00c7\u00f6pler Incident, as and when available, will continue to be provided through press releases and posts to the Company\u2019s website.<\/p>\n

About SSR Mining<\/span><\/b><\/p>\n

\nSSR Mining is listed under the ticker symbol SSRM on the Nasdaq and the TSX, and SSR on the ASX.<\/p>\n

\nFor more information, please visit www.ssrmining.com<\/a>.<\/p>\n

Cautionary Note Regarding Forward-Looking Information<\/i><\/b><\/p>\n

Except for statements of historical fact relating to us, certain statements contained in this news release constitute forward-looking information, future oriented financial information, or financial outlooks (collectively \u201cforward-looking information\u201d) within the meaning of applicable securities laws. Forward-looking information may be contained in this document and our other public filings. Forward-looking information relates to statements concerning our outlook and anticipated events or results and, in some cases, can be identified by terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201ccould\u201d, \u201cshould\u201d, \u201cexpect\u201d, \u201cplan\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cintend\u201d, \u201cestimate\u201d, \u201cprojects\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201ccontinue\u201d or other similar expressions concerning matters that are not historical facts.<\/i><\/p>\n

Forward-looking information and statements in this news release are based on certain key expectations and assumptions made by us. Although we believe that the expectations and assumptions on which such forward-looking information and statements are based are reasonable, undue reliance should not be placed on the forward-looking information and statements because we can give no assurance that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release.<\/i><\/p>\n

Forward-looking information and statements in this news release include any statements concerning, among other things: consultation with third parties and government authorities, the results of continuing and future analysis and assessments of the cause of the \u00c7\u00f6pler Incident, any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, environmental, regulatory, and political matters that may influence or be influenced by future events or conditions.<\/i><\/p>\n

The above list is not exhaustive of the factors that may affect any of the Company\u2019s forward-looking information. You should not place undue reliance on forward-looking information and statements. Forward-looking information and statements are only predictions based on our current expectations and our projections about future events. Actual results may vary from such forward looking information for a variety of reasons including, but not limited to, risks and uncertainties disclosed in our filings on our website at www.ssrmining.com<\/a>, on EDGAR at www.sec.gov<\/a>, on SEDAR at www.sedarplus.ca<\/a>, and on the ASX at www.asx.com.au<\/a> and other unforeseen events or circumstances. Other than as required by law, we do not intend, and undertake no obligation to update any forward-looking information to reflect, among other things, new information or future events. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250115877589\/en\/<\/a><\/span><\/p>\n

invest@ssrmining.com
\n<\/a>
+1 (888) 338-0046<\/p>\n

KEYWORDS:<\/b> Europe United States Turkey North America Colorado<\/p>\n

INDUSTRY KEYWORDS:<\/b> Engineering Natural Resources Manufacturing Mining\/Minerals<\/p>\n

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SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident DENVER–(BUSINESS WIRE)– SSR Mining Inc. (Nasdaq\/TSX: SSRM; ASX: SSR) (\u201cSSR Mining\u201d or the \u201cCompany\u201d) provides an update on the February 13, 2024 incident at \u00c7\u00f6pler (the \u201c\u00c7\u00f6pler Incident\u201d). Following the \u00c7\u00f6pler Incident, the Company commissioned Call & Nicholas, Inc. (\u201cCNI\u201d), an international mining consulting firm that specializes in geological engineering, geotechnical engineering, and hydrology, to conduct an independent review of the heap leach failure at \u00c7\u00f6pler. After analysis of the engineering design, construction, and operation of the heap leach facility, and comprehensive reverse-engineering of the failure, CNI determined that the most likely cause of the \u00c7\u00f6pler Incident was a deeply-rooted flaw in the third-party engineered design of the heap … <\/p>\n

Continue reading “SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801326","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident DENVER–(BUSINESS WIRE)– SSR Mining Inc. (Nasdaq\/TSX: SSRM; ASX: SSR) (\u201cSSR Mining\u201d or the \u201cCompany\u201d) provides an update on the February 13, 2024 incident at \u00c7\u00f6pler (the \u201c\u00c7\u00f6pler Incident\u201d). Following the \u00c7\u00f6pler Incident, the Company commissioned Call & Nicholas, Inc. (\u201cCNI\u201d), an international mining consulting firm that specializes in geological engineering, geotechnical engineering, and hydrology, to conduct an independent review of the heap leach failure at \u00c7\u00f6pler. After analysis of the engineering design, construction, and operation of the heap leach facility, and comprehensive reverse-engineering of the failure, CNI determined that the most likely cause of the \u00c7\u00f6pler Incident was a deeply-rooted flaw in the third-party engineered design of the heap … Continue reading "SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-15T22:03:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250115877589r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident\",\"datePublished\":\"2025-01-15T22:03:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\\\/\"},\"wordCount\":979,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20250115877589r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\\\/\",\"name\":\"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident - 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(Nasdaq\/TSX: SSRM; ASX: SSR) (\u201cSSR Mining\u201d or the \u201cCompany\u201d) provides an update on the February 13, 2024 incident at \u00c7\u00f6pler (the \u201c\u00c7\u00f6pler Incident\u201d). Following the \u00c7\u00f6pler Incident, the Company commissioned Call & Nicholas, Inc. (\u201cCNI\u201d), an international mining consulting firm that specializes in geological engineering, geotechnical engineering, and hydrology, to conduct an independent review of the heap leach failure at \u00c7\u00f6pler. After analysis of the engineering design, construction, and operation of the heap leach facility, and comprehensive reverse-engineering of the failure, CNI determined that the most likely cause of the \u00c7\u00f6pler Incident was a deeply-rooted flaw in the third-party engineered design of the heap … Continue reading \"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/","og_site_name":"Market Newsdesk","article_published_time":"2025-01-15T22:03:33+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250115877589r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident","datePublished":"2025-01-15T22:03:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/"},"wordCount":979,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250115877589r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ssr-mining-announces-expert-findings-on-cause-of-the-copler-incident\/","name":"SSR Mining Announces Expert Findings on Cause of the \u00c7\u00f6pler Incident - 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