Gold miner orvana minerals announced that it will suspend the operation of its Las tojas gold mine project in Bolivia, which is expected to take effect by the end of this year or before.

The company said the main reason for the suspension of operation was due to the problem of ore grade and the superimposition of narrow mineralized structure.

The project's mineral resources are estimated at 2.18 million tons, with an average gold grade of 1.85 g / ton and a gold equivalent of 386950 ounces. (From CCMN)