The miner released assay results on two new drill holes.

Company reported an adjusted loss for Q1 at $18 million, or 3 cents per share, impacted by closure of the Rainy River mine.

Alrosa may review its 2020 production plan from the current 34.2 million carats as the pandemic hits its sales.

The central bank also said there was no need for it to start accepting gold pledged as collateral for the refinancing of banks’ debt.

The Victoria-based company plans to start a campaign soon, as the Ontario government deemed mining and exploration an essential business able to continue working during the covid-19 pandemic.

The Chinese state-owned miner said that a failure to resolve the issue could impair relations between the two countries.