Author Archives: admin

Rosemont mine is lynchpin to Hudbay’s plan to construct massive industrial mining complex in southern Arizona

In the wake of taking control of Augusta Resource Corp. and its Rosemont Copper Company subsidiary, Toronto-based Hudbay Minerals is already looking to expand its planned industrial mining operations in the Santa Rita Mountains to other sites in Southern Arizona, Hudbay … Continue reading

Posted in Hudbay, Uncategorized | 2 Comments

Hudbay’s purchase of Augusta expected to close by end of July

Toronto-based Hudbay Mineral Resources is expected to complete the C$555 million  purchase of Augusta Resource Corporation and take control of Augusta’s Rosemont Copper Company subsidiary by the end of July, according to regulatory filings. After months of bitter exchanges between … Continue reading

Posted in Hudbay | 2 Comments

Hudbay has ugly environmental and human rights track record, warns a Canadian mining watchdog group

A Canadian mining watchdog group is warning that Hudbay Mineral Resources, the Toronto-based company seeking to gain control of the Rosemont copper project, has “a profound disrespect for the environments and communities where it operates.” MiningWatch Canada program coordinator Ramsey … Continue reading

Posted in Hudbay, Human Rights | 4 Comments

Augusta Resource running out of options in its nine-year effort to develop Rosemont copper project

The clock is running down on Vancouver, B.C.-based Augusta Resource Corporation’s nine-year effort to develop the controversial Rosemont copper project in the Santa Rita Mountains on the Coronado National Forest southeast of Tucson. But that doesn’t mean the attempt to … Continue reading

Posted in EIS | 3 Comments

Red Kite waives loan condition and advances Augusta Resource $6 million to address endangered species review

In the wake of federal wildlife regulators’ decision to reopen studies of the proposed Rosemont copper mine’s impact on endangered species, cash-strapped Augusta Resource Corporation has obtained a $6 million loan advance and now expects final federal approvals to be … Continue reading

Posted in Clean Water Act, Endangered Species, Investors, water, Wildlife | 5 Comments