Hummingbird shares plummet on Kouroussa missed targets
The mine’s four-week trailing average production reached almost 1,900 ounces, below the 2,000 to 2,500 ounces range Hummingbird expected.
SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (“SSR Mining”) provides an update on the incident that occurred at our Marigold mine in Nevada, U.S. on October 31, 2017.
Two of our Marigold mine employees, Pete Kuhn, a safety superintendent, and Omar Bernal, an open pit operator, were fatally injured as a result of contact between a haul truck and a van at the mine. The other eight individuals involved in the incident were taken to hospital with minor injuries and were subsequently released.
Mine Safety and Health Administration (MSHA) and other authorities are conducting a comprehensive investigation of the incident. SSR Mining is cooperating fully and will be conducting its own operational and safety review.
Paul Benson, President and CEO said, “All of us at SSR Mining are deeply saddened by these tragic events. Our immediate focus is on supporting the family and friends of our colleagues during this difficult time. The investigation is going to take some time to complete and we are doing all we can to support those efforts. We would also like to thank the mine rescue team and all those who responded to the incident for their invaluable help.”
Mine operations remain suspended. Operations will only resume once management have conducted a site assessment and employees are briefed to ensure a safe mine restart.
About SSR Mining
SSR Mining Inc., formerly Silver Standard Resources Inc., is a Canadian-based precious metals producer with three operations, including the Marigold gold mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada and the 75%-owned and operated Puna Operations joint venture in Jujuy, Argentina. We also have two feasibility stage projects and a portfolio of exploration properties in North and South America. We are committed to delivering safe production through relentless emphasis on Operational Excellence. We are also focused on growing production and Mineral Reserves through the exploration and acquisition of assets for accretive growth, while maintaining financial strength.
