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Caza Oil & Gas, Inc. (CAZ.TO, CAZA.L) announced Thursday two more strong results for its Bone Spring program with the first development well on the non-operated Marathon Road Property and the initial test well on the recently acquired and operated East Marathon Road Property. The company noted thatin...

The Canadian dollar advanced against the euro in late Asian deals on Thursday. The loonie hit a 6-day high of 1.4339 against the euro, compared to yesterday's closing value of 1.4351. The next possible resistance for the loonie is seen around the 1.42 mark.

Pan American Silver Corp. (PAA.TO, PASS, PAAS) said the Toronto Stock Exchange has accepted the company's notice of its intention to make a normal course issuer bid to purchase up to 7.58 million of its common shares, representing up to 5 percent of Pan American's issued and outstanding shares as of...

Oracle Mining Corp. (OMN.TO) said it has closed a secured convertible loan facility for an aggregate minimum principal amount of $6.7 million and a warrant for up to C$20 million with Vincere Resource Holdings LLC. Vincere is a private entity, specializing in investing in late-stage mining projects...

The Canadian dollar extended its gain against most major currencies in the Asian session on Thursday, as oil prices continued to firm up on the dollar's weakness after the Fed vowed to maintain easy monetary policy. Crude oil for January delivery is currently up $0.10 at $56.57 a barrel. The Federal...

BlackBerry Limited (BBRY, BB.TO) said that it launched the BlackBerry Classic in Singapore. The smartphone built to meet the needs of productive people who appreciate the speed and accuracy that can be found with a physical QWERTY keyboard is available island-wide through each of the three major network...

Canadian stocks soared to end over 2.5 percent higher Wednesday, on some positive market sentiment as investors viewed the Federal Reserve's monetary policy statement as putting off an anticipated interest rate hike until late next year. The gains were led by the energy sector, with all major components...

Canadian stocks are rising sharply Wednesday, led by gains in the energy section amid a slew of merger and acquisition news in the wake of Talisman's buyout by European giant Repsol. Several stocks from mining and financial sections are up on bargain hunting, contributing substantially to market's...

The U.S. dollar pulled away from its early highs against commodity-related currencies in European deals on Wednesday, as the nation's consumer prices fell more than anticipated in November amid sharp drop in energy prices. The Labor Department report showed that U.S. consumer price index dropped by...

Penn West Petroleum Ltd (PWE, PWT.TO) Wednesday announced that in response to the current commodity price environment, it is reducing its capital budget by about $215 million from $840 million to $625 million. The company also reduced its 2015 dividend by approximately $160 million commencing with the...

Pacific Rubiales Energy Corp. (PRE.TO) has executed definitive deals with the International Financial Corp. or "IFC", a member of the World Bank Group, the IFC Global Infrastructure Fund and a consortium of investors, whereby it will sell nearly 43% of its stake in Pacific Midstream Ltd., holding certain...

At 8:30 am ET Wednesday, Canada wholesale sales for October have been released. The loonie showed mixed trading against its major rivals after the data. While the loonie advanced against the greenback, it pared its early gains slightly against the rest of major currencies. The loonie was trading...

At 8:30 am ET Wednesday, Canada wholesale sales for October is set for release. The loonie traded mixed against its major rivals before the data. While the loonie advanced against the greenback and the euro, it held steady against the yen and the aussie. The loonie was worth 1.4487 against the euro,...

Hudson's Bay Co. (HBC.TO) Wednesday announced the appointment of Gerald Storch as Chief Executive Officer, effective January 6, 2015. Storch will be responsible for Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH, Home Outfitters and HBC Digital. Richard Baker will continue as Governor...

Coeur Mining Inc. (CDM.TO, CDE) announced it has entered into a merger agreement under which Coeur has agreed to acquire all of the outstanding shares of Paramount Gold and Silver Corp. (PZG, PZG.TO) in an all-stock transaction valued at $146 million. Upon closing of the transaction, it is projected...