Cliffs to Buy Consolidated Thompson for $5 Billion

Global gold production will peak at about 3,250 tonnes (105 million oz.) next year, according to CRU's Oliver Blagden.

With a personal investment of $225 million on the line, much is at stake for Rob McEwen with the success of McEwen Copper’s flagship Los Azules project in Argentina.

Futures dropped for a fourth day in Singapore, to trade about 3% lower for the week.

The funds will go towards the construction of a hydroelectric transmission line, an on-site substation and electrical vehicle charging infrastructure.