The company has had to tweak the mine design and development plan for the project in Ecuador, which has pushed back its already delayed pre-feasibility study to Q1 2021.

They have set up a special committee to conduct an independent review into the project's cost overruns and delays.

Commercial production at Cononish mine will begin in early 2021.

It has also inked a farm-in and JV agreement with Greatland to access the latter’s Black Hills and Paterson Range East exploration licenses in Western Australia.

Jaime Galvez aims to reduce the current consultation period during the exploration phase to six months, down from about 12 months it currently takes.