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 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.

Canadian shares gained a second day as energy producers climbed after positive economic reports from the U.S., the country's largest trading partner, indicated economic growth is gaining momentum, outweighing declines in mining stocks. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) added 0.4 percent to 12,557.31 at 12:33 p.m. in Toronto on Friday. Nine of ten groups gained.

If you think the pain in the resource sector is over, Rick Rule will gladly give you a reality check. But, the chairman of Sprott U.S. Holdings says being brash in a bear market where there is no competition will pay off.

Curis Resources (TSE:CUV) has arranged to raise $6 million through a non-brokered private placement financing, with funds to be used to advance the development of the company's Florence copper project in Arizona, which earlier this year yielded strong economics in a prefeasibilty report.