Free drinks and other perks face the axe as energy firms work to cut costs

As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.

Barrick Gold's second-quarter gold output edged up by almost 0.9% from the previous three months.

Investment gives Assore International a 14.99% non-diluted stake in the Canadian copper company, which owns the namesake project in Chile.

The company's Flat gold project is located 40 km north of the giant Donlin gold project.