Calgary-based Husky Energy has found more oil in the White Rose field off Newfoundland, the company announced Monday.

TORONTO (Reuters) - Toronto's main stock index rose to its highest level in nearly 14 months on Monday as firm oil prices powered Suncor Energy and its peers, while lofty gold prices also helped generate interest in miners.

LONDON (AFP) - Gold prices soared to a record 1,174 dollars an ounce here on Monday as a sliding US currency and worries about a possible spike to inflation increased demand for the 'safe-haven' metal.

LONDON (Reuters) - Gold hit a record high at $1,170.55 an ounce on Monday as dollar weakness pushed the metal through key technical resistance levels, fuelling momentum buying after the metal's sharp run higher earlier this month.

CALGARY - Husky Energy (TSX:HSE) announced Monday the discovery of additional oil resources in the White Rose oil field offshore eastern Canada.