The last time the yellow metal dropped in value for three consecutive years was between 1996 and 1998, and experts say prices will fall even further.
Images of widespread damage.
Gold down $75 in a week after Fed chair Janet Yellen's hawkish congressional testimony sparks another sell-off.
The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.
Five days of selling drops gold price nearly 6% ahead of crucial US jobs numbers on Friday as large futures investors liquidate massive bullish positions.
The drastic move makes of Codelco the mining company that has let go the highest amount of workers in Chile since copper prices began their decline over a year ago.
The Gold Report reached out to experts who have been around through enough cycles to know and asked for the clues they watch that an acquisition might be imminent
The leading mining industry event in Europe, the Fennoscandian Exploration and Mining (FEM 2015) conference, will be held on 3–4 November 2015 in Levi, Kittilä.
The former president says lack of immediate benefits for communities has driven mining opposition causing the country to lose billions worth of gold and copper projects.