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Recent Posts
- University of Arizona is advancing Copper World by quietly approving utility corridors across world-class research site
- After making a secret right-of-way deal, the State Land Department is poised to auction land for Copper World’s waste dumps
- Hudbay will initially export all copper produced at its proposed Copper World mine
- Hudbay wavers in its commitment that Rosemont/Copper World will produce copper for U.S. markets
- Canadian company planning Copper World/Rosemont mine complex is seeking buyer or merger partners
- USGS rejects request by six U.S. senators to add copper to Critical Minerals List
- Hudbay sets benchmarks to build Copper World/Rosemont mine complex
- Copper World’s high production of sulfuric acid poses serious pollution and water depletion threat to Santa Cruz River Valley
- Hudbay says it is developing plans to build at least three open-pit copper mines on west side of Santa Rita Mountains
- Hudbay tells investors and analysts that it owns enough land to mine the western side of the Santa Rita Mountains
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Author Archives: admin
Augusta releases updated financials: Faces new cash crisis as working capital plummets
Augusta Resource Corp. could run out of cash unless it receives federal approvals by the end of September to begin construction on its proposed $1.23 billion Rosemont copper mine, the company states in financial reports released late Tuesday. Augusta is … Continue reading
Posted in Investors
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EPA rips Rosemont’s wetlands mitigation plan as “scientifically flawed” and failing to comply with Clean Water Act
The U.S. Environmental Protection Agency has notified Augusta Resource Corp. that its wetlands mitigation plan intended to compensate for damage to streams and springs from its proposed Rosemont copper mine fails to comply with the Clean Water Act. Augusta must … Continue reading
Posted in Clean Water Act, EPA Criticism, water
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Dundee Securities issues sell recommendation on Augusta citing permitting challenges for Rosemont copper project
Toronto-based Dundee Securities is breaking with other analysts following Augusta Resource Corporation (AZC) and has issued a sell recommendation to investors. “Rosemont’s permitting timeline remains unclear and we believe that there are no short term catalysts to own AZC shares,” … Continue reading
Augusta Resource adopts shareholder rights plan to fend off potential hostile takeover, coincidentally slumping stock rallies
Augusta Resource Corporation is taking steps to defend a possible hostile takeover as it continues to seek state and federal permits to construct the Rosemont open-pit copper mine in the Santa Rita Mountains on the Coronado National Forest southeast of … Continue reading
Earthworks Press Release: Rosemont Copper and A Tale of Two Mines
Earthworks: Rosemont Copper and A Tale of Two Mines (via PR Newswire) TUCSON, Ariz., Dec. 18, 2012 /PRNewswire/ — The same Canadian mining speculators who are now seeking government permits to build the Rosemont copper mine in the Santa Rita Mountains … Continue reading
Posted in Investors, Mining Law
1 Comment