China's central bank is easing monetary policy, while copper stockpiles are low and import premiums suggest demand is rising.

Many miners have raised their unit cost guidance during their June-quarter financial reporting, signalling an intensification of a trend picked up on during the first quarter.

Pure Gold said output fell during the second quarter due in part to cash-preservation measures taken by the company while negotiating financing agreements.

The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.

Volcanogenic massive sulphide deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps worldwide.