The Globe and Mail reports in its Friday edition that RBC's Michael Siperco is adopting a "wait and see approach" toward SSR Mining after a landslide led to the suspension of operations at its Copler mine in Turkey. The Globe's David Leeder writes that Mr. Siperco says in a note: "The reported disaster at Copler has created a material stock overhang that could remain for an extended period until there is clarity on the full impact of the landslide. ... We now apply a 50-per-cent discount to our revised (post-guidance) Copler valuation and have reduced other forecast. ... We have reduced our production forecasts in 2024-2028 by approximately 15 per cent on average, with 5 per cent higher costs (broadly inline with guidance). We have not, however, adjusted our operating/financial estimates to reflect any impact from the Copler suspension, pending further clarity (which we expect over the coming days/weeks). ... We see the weaker outlook and increased execution/capital risk as capping relative upside, leading to our lower target and more cautious view." Mr. Siperco's share target slid to $6 from $14 (all figures U.S.). The current average is $9.67. Mr. Siperco lowered his rating to "sector perform" from "outperform."