UPDATE 1-SSR Mining appoints Michael Sparks its new CFO
(Adds details, background, chairman quote in paragraphs 3 to 5)
March 8 (Reuters) -
Canadian gold miner SSR Mining said on Friday it had appointed insider Michael Sparks its chief financial officer, succeeding Alison White.
SSR suspended its quarterly dividend payment and automatic share purchase plan last month, when at least nine miners went missing after a landslide at its Copler mine in Turkey.
"The changes to the roles and responsibilities of our executive leadership team will provide an opportunity to realign accountabilities to better support the business, particularly as the company continues to navigate and assess the impacts of the Copler incident," Executive Chairman Rod Antal said.
The company had said in February that its environmental permit for a gold mine in eastern Turkey had been revoked, while operations at its Copler mine were suspended until further notice.
It said it was assessing the potential impact on its business, cash flows, financial conditions and results.
After the mishap, SSR had retracted its previously issued 2024 and long-term outlook for its Copler mine and Turkey operations.
The company also made other leadership changes along with the CFO announcement. (Reporting by Tanay Dhumal in Bengaluru; Editing by Shilpi Majumdar and Pooja Desai)
