The complaint alleges that, throughout the Class Period, SSR Mining made materially false and misleading statements regarding its commitment to safety.

The truth began to emerge on February 13, 2024, when SSR Mining filed with the SEC a current report on a Form 8-K. Attached to this current report was a press release which announced, “a suspension of operations at the Çöpler mine as a result of a large slip on the heap leach pad.” That same day, Reuters released an article entitled “SSR Mining halts gold production in Turkey after landslide, shares tank.” The article stated that “Gold miner SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing.”

During market hours on February 13, 2024, PBS Newshour released a story entitled “Workers at gold mine in Turkey missing, assumed trapped underground after landslide.” The article stated that “engineers warned that safety risks were frequently ignored and inspections not adequately carried out. . . . The disaster that took place in Erzincan Ilic Copler gold mine is a disaster that (was) coming.”

Following this news, the price of SSR Mining stock fell $5.22 per share, or 53.7%, to close at $4.50 on February 13, 2024.

Then, on February 27, 2024, after market hours, during the Company’s earnings call for the fourth quarter of 2023, Defendant Rodney P. Antal stated that “[s]ix personnel are being detained and are facing charges in relation to the incident and we're ensuring they receive the necessary support while respecting the Turkish legal process.”

On this news, the price of SSR Mining stock declined by $0.37 per share, or 7.93%, to close at $4.29 on February 28, 2024.

According to the complaint and throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) the defendants materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures; and (2) SSR Mining engaged in unsafe mining practices which were reasonably likely to result in a mining disaster.

Investors who purchased or acquired SSR Mining securities between February 23, 2022 and February 27, 2024, may no later than May 17, 2024, seek to be appointed as a lead plaintiff representative of the class.