Leading the index were Precision Drilling Corp, up 13.9 percent after announcing a debt repayment plan, Labrador Iron Ore Royalty Corp, up 12.5 percent, and Ivanhoe Mines Ltd , higher by 8.8 percent.

Lagging shares were Nexgen Energy Ltd, down 6.9 percent, Cameco Corp, down 3.2 percent, and CI Financial Corp, lower by 2.5 percent.

On the TSX 155 issues rose and 76 fell as a 2-to-1 ratio favored advancers. There were 12 new highs and no new lows, with total volume of 233.6 million shares.

The most heavily traded shares by volume were Aurora Cannabis Inc, Barrick Gold Corp and B2gold Corp.

The TSX's energy group rose 1.53 points, or 1.03 percent, while the financials sector climbed 0.61 points, or 0.21 percent.

West Texas Intermediate crude futures rose 1.84 percent, or $0.98, to $54.29 a barrel. Brent crude  rose 0.67 percent, or $0.41, to $61.73 [O/R]

The TSX is up 8.1 percent for the year.

(Reporting by Chuck Mikolajczak)