Author Archives: admin

Hudbay executive says Rosemont mining plan is being revised

Hudbay Minerals Inc. is preparing a revised mining plan for its proposed Rosemont open-pit copper project in the Santa Rita Mountains on the Coronado National Forest southeast of Tucson; a corporate executive recently disclosed to a mining news website. “We … Continue reading

Posted in Feasibility Study, General | 3 Comments

SEC files illegal insider trading charges against former Hudbay executive in connection with Rosemont mine purchase

The U.S. Securities and Exchange Commission Wednesday filed illegal insider trading charges against a former Hudbay Minerals Inc. senior executive based in Peru in connection with Hudbay’s 2014 acquisition of Augusta Resource Corp. and its Arizona-based Rosemont Copper Company subsidiary. … Continue reading

Posted in Hudbay, Investors | Tagged , , , , , , , , , | 2 Comments

Shots fired into home of Guatemalan activist suing Hudbay

Gunshots were fired last week into the home of Guatemalan human rights leader Angelica Choc, who is a plaintiff in a high-profile wrongful death civil lawsuit filed against Toronto-based Hudbay Minerals Inc. in connection with the 2009 murder of her … Continue reading

Posted in Hudbay, Human Rights | 2 Comments

Forest Service excluded EPA and Arizona tribe from review of draft report on Rosemont’s impacts on endangered species

An Arizona Indian tribe and the U.S. Environmental Protection agency were excluded from making comments on a draft federal report on the impact of the proposed Rosemont mine on a dozen threatened and endangered species, the Arizona Daily Star reported … Continue reading

Posted in Endangered Species, Hudbay | 3 Comments

Hudbay posts sixth consecutive loss and plans to further reduce Rosemont spending

Toronto-based Hudbay Minerals Inc. posted its sixth consecutive quarterly loss during the 2nd quarter ending June 30 and plans to “substantially” reduce spending on its Arizona Rosemont copper project during the rest of 2016. Hudbay’s 2nd quarter loss of $5.7 … Continue reading

Posted in Hudbay, Investors | 1 Comment