Cecilia Jamasmie , Senior Editor

After years of lobbying, Canada's Federal Government seems to have persuaded the European Commission to change draft rules that would open the way for Alberta crude supplies.

They oppose the agency's latest decision, which may block development of the Pebble mine before any permit application has been filed.

The company is putting about 80% of its Batu Hijau mine employees on leave at reduced pay from Friday.

The law, the first major overhaul of the country’s mining sector since 1997, denies cooperatives the right to partner with private companies, whether domestic or foreign.

Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.

The firmj's bookings, an indication of future sales, fell by 7.2% to $1.05 billion from $1.13 billion in the same period of 2013.

The lower house of parliament rejected bill that would have allowed the firm to proceed with its Rosia Montana project.

The two documents released Tuesday conclude the debated extraction process just needs to be closely monitored and properly regulated.

The ongoing investigation focuses on the controversial $2.5billion acquisition of Canadian rival UraMin in 2007.

The 14-carat gold credit card is the world’s first backed by the precious metal itself.