Silver Top Stories

Chile mulls scrapping copper funding for military

Codelco chairman, Oscar Landerretche, wants the government to scrap the…

Hedge funds have never been this bearish on commodities

Gold is the big exception with managed money futures investors…

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Azure Minerals signs $13M copper exploration joint venture with Japanese state company

Azure Minerals, a Mexico-focused precious and base metals explorer, said today it has entered into an agreement to form a joint venture with a Japanese state-owned corporation to explore the El Tecolote Project in Sonora, Mexico. According to the press release, Japan, Oil, Gas and Metals National Corporation (JOGMEC), a Japanese state-owned entity, will spend $US5 million over three years, in order to earn a 51% interest in El Tecolote. The company can earn another 19% stake by spending a further $8 million, which would take its total equity in the project to 70%.

Arian Silver intercepts high-grade silver at San Jose

Arian Silver Corporation (TSXV: AGQ) (AIM:AGQ) (FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, is pleased to report assay results from a further 11 holes recently drilled at its 100%-owned San Jose Property in Zacatecas State, Mexico.