MINING.COM Staff Writer

The miner reported that Proven and Probable gold Reserves reached 17.9 million ounces at the end of 2018.

The Vancouver-based miner said that management decided to leave Purickuta due to “unworkable property conditions."

“Without the security of an extended mining lease, it would be difficult to justify further significant investments in the mine,” a statement by the Canadian miner reads.

Before it was suspended, the 2018 diamond drill program enabled the company to extend the limits of the deposit, returning numerous intersections with high-grade gold values.

Historical measured and indicated resource at the property are of 2.57 million tonnes at a grade of 117 g/t Ag for a silver resource of 9.63 million ounces.

The unusual gem found by Alrosa weighs 65.7 carats.

Yauricocha's reserves are, in the proven category, 1.8 million tonnes and a little over 7 million tonnes in the probable category.

The interest behind its acquisition of all of Vanadium North Resources' shares is the Valley of Vanadium project in the Northwest Territories.

Vist Group launched a robotized towing truck project together with Nazarbayev University and Russian truck maker Kamaz.

Diamond sales dropped by 44% year-on-year in the first month of 2019.