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Hudbay plans additional Rosemont drilling as stock hits four-year low

Hudbay Minerals, Inc. announced Thursday it plans to spend an additional $10 million for exploratory drilling at its Rosemont copper prospect and another $60 million for permitting and engineering in 2015. The company provided no details on when and where … Continue reading

Posted in Hudbay, Investors | 2 Comments

Breaking News: 400 protesters occupy Hudbay’s Constancia mine site

Approximately 400 protesters from rural communities are camping on property planned for an open pit copper mine at Hudbay Mineral’s $1.7 billion Constancia project in Peru, according to a report released Thursday by Human Rights Without Frontiers. At least 4 … Continue reading

Posted in Hudbay, Human Rights | 4 Comments

Protestors converge on Hudbay’s Constancia project

Two protestors were arrested Monday at Hudbay Mineral’s Constancia mine site in Peru after local residents converged on the $1.7 billion open-pit copper project to protest Hudbay’s failure to fulfill commitments to the local community, according to a news release … Continue reading

Posted in Hudbay | 7 Comments

Hudbay has no timeline for developing Rosemont

Rosemont Copper Company’s new owner Hudbay Minerals Inc. said Thursday it has no definitive timetable for developing its proposed massive open pit mine in the Santa Rita Mountains that still needs to obtain a key federal water permit and approval … Continue reading

Posted in Hudbay, Investors | 4 Comments

Hudbay completes aquisition of Augusta Resource to take control of Rosemont copper project

Hudbay Minerals announced this week the completion of its C$555 million acquisition of Augusta Resource Corporation, triggering a multimillion dollar windfall for Augusta executives and putting Hudbay in control of the controversial Rosemont copper project on the Coronado National Forest … Continue reading

Posted in Hudbay, Investors | 3 Comments