Harte reports record quarterly production

If accepted, the request would keep alive the possibility that Keystone could go ahead after next year’s presidential election in the U.S.

The loss prompted the oil giant to shelve and write off a new oil sands project in Alberta and an oil exploration project in Alaska.

It all began about 900 million years ago.

The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.

In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.

The fertilizer giant also announced temporary inventory shutdowns as it deals with a weakening potash market.

Asked what he will do during his one-year suspension, Callaghan says he has no "freaking clue."

The decision to scrap the Carmon Creek project, said the company, was partially due to a lack of pipelines to coastal waters.

The government is planning to open up new mining areas for gold and copper exploration.