Standard Chartered predicts six months of stagnation

The permit would allow Electra to advance exploration across its Iron Creek deposit, the Ruby project, as well as the neighboring CAS and Redcastle option properties.

The monthly drop in production was mainly due to lower supply from the Andean country's two largest copper miners - Cerro Verde and Antamina.

In May, the company produced a feasibility study that demonstrated the potential for Troilus to be amongst the largest gold producers in Canada.

BQE's scope includes recommendations for updates to the existing water management infrastructure.