The Horne smelter is the only copper smelter still operating in Canada.

The company also expects trading to be halted on the Lima Stock Exchange, OTCQX and the Frankfurt Stock Exchange, and that its common shares may be delisted.

In its Q2 report, the Canadian miner said the halt followed continued operational performance issues due to low productivity rates and equipment and operator availability from the mining contractor.

The project will develop updated interpretations for the bedrock geology of the central Quesnel terrane.

The indicated gold resource now totals 1.16 million oz., representing an increase of 121% over the previous estimate.

The resource calculation encompasses both in-pit and underground components of the Tommy and Ted-Mint vein systems.

Glencore’s investment will bring the arsenic level down to 15 nanograms by 2027, according to the plan.