Corvus Gold raises C$1.3m from AngloGold for Nevada projects

Spot prices hit $1,222.

The convertible debenture loan from Apollo Global Management will be used for working capital and general corporate purposes.

A spike in the global oil price and a rapidly narrowing discount has sent oil sands crude soaring to $89.25 a barrel from five-year lows of $45 in December.

Indian company pulls out of Rio Tinto iron-ore bid.

Mountain Province Diamonds calculates an indicated resource increase of 12% on its Gahcho Kue mine in Canada's Northwest Territories.

Most obvious measures include abandoning non-essential exploration work, postponing hires and focusing on core-business operations.

The Canadian government says science is on its side when assessing tar sands pipelines.

Barrick Gold had the most dizzying drop.

Additional "significant" impairment charges on other assets such as goodwill.