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  • Chevron-YPF deal heightens investor interest in Madalena Ventures Vaca Muerta shale oil acreage

    Tue 8:42 pm

    Chevron-YPF deal heightens investor interest in Madalena Ventures Vaca Muerta shale oil acreage

    Madalena Ventures' (CVE:MVN) shares are on the rise again today after investors and analysts weighed up the implications of news that Chevron (NYSE:CVX) and YPF have increased their investment commitments in the Vaca Muerta oil shale oil reservoir, where Madalena has interests in two blocks

  • Fed member comments give U.S. stocks a boost

    Tue 8:18 pm

    Fed member comments give U.S. stocks a boost

    U.S. stocks are getting a lift from Federal Reserve comments about the central bank's bond-buying program. 

    The Dow Jones Industrial Average (INDEXDJX:.DJI) rose nearly 70 points after dipping below the previous close early in the trading session. 

    The Standard & Poor’s 500 Index (INDEXSP:.INX) began a short five-point climb from the opening bell to 1,671.55.

    If the momentum continues, both indexes are set to once again reach record closes.

    The NASDAQ Composite Index (INDEXNASDAQ:.IXIC) is rising nearly eight points higher to 3,505.72.

  • Largo Resources to make its mark as lowest cost producer of vanadium globally

    Tue 7:25 pm

    Largo Resources to make its mark as lowest cost producer of vanadium globally

    Largo Resources (CVE:LGO) is on path to becoming the lowest cost producer of vanadium in the world from a primary source, according to CEO Mark Brennan, with the company's Maracás project in Brazil on pace for commissioning in the fourth quarter.

  • Canadian shares climb to 2-month high on upbeat Europe data

    Tue 6:32 pm

    Canadian shares climb to 2-month high on upbeat Europe data

    Canadian shares rallied for a third day on Tuesday, sending the benchmark gauge to its highest level in two months, as producers of raw materials and energy climbed following upbeat economic data from Europe. The commodity-heavy Standard & Poor’s/TSX Composite Index (TSE:OSPTX) gained 1.3 percent to 12,780.46 at 12:37 p.m. on Tuesday. More than four stocks advanced for every share that dropped.