Yahoo Finance’s Rick Newman joins the Live show to discuss G7 leaders announcing sanctions on Russian gold as well as Russia’s failed interest payments and the outlook for Russian oil.
Shares of Colorado-based gold mining company SSR Mining (NASDAQ: SSRM) were devastated in early trading Monday, falling more than 21% at one point on news reports that its Copler mine in Turkey might be forced to temporarily shut down. As of 12:25 p.m. ET, SSR stock had recovered from the majority of that decline, but was still trading down by 7.4%. Responding to the news Monday morning, SSR put out a press release explaining that it was aware of the reports and is "seeking a formal response from the Ministry of Environment regarding the reports."
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