Gold price sees worst week since June

A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.

With construction expected to start in 2018, the US$669-million Fruta del Norte project could finally begin production before the end of the decade.

The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.

While Falco Resources fully owns the Quebec-based Horne project, Glencore has the right to buy back the 65% stake in the mine it inherited when it bought Xstrata.

The rock was found at its Nyurbinsky open-pit mine, in operations since 2001.

The company's Bayan Khundii project went from greenfield prospect to the company’s flagship asset in roughly nine months.

The metal is up more than 20% this year, but gold mining equities have doubled and the sector as a whole has returned 53%.

President Almazbek Atambayev has ordered state prosecutors to review the legality of agreements signed with the company in 2003-2004 and 2009.

Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.