Author Archives: admin

A new round of endangered species review delivers potentially crippling blow to Augusta Resource’s Rosemont copper project

The discovery last month of one male ocelot near the proposed Rosemont copper mine site and new information on the impacts to other endangered species has triggered a new round of formal endangered species act consultations between federal regulatory agencies. … Continue reading

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

Rosemont Copper’s Section 404 Clean Water Act permit in jeopardy as Army Corps again cites mitigation shortfalls

The U.S. Army Corps of Engineers on Tuesday notified Rosemont Copper Company that its most recent mitigation plan in its application for a Clean Water Act permit needed to construct the proposed Rosemont copper mine fails to fully compensate for … Continue reading

Posted in Clean Water Act | 2 Comments

Motley Fool reports on Augusta’s permitting “shortfall” as its chairman continues history of misleading shareholders

Augusta Resource Corporation Chairman Richard Warke has a long history of failing to disclose information to shareholders, and now a prominent investment blog is highlighting Augusta’s failure to promptly inform investors about a significant permitting issue facing the company’s Rosemont … Continue reading

Posted in Investors | 4 Comments

Hudbay extends hostile bid for Augusta 10 days as it reviews permitting and approval outlook for Rosemont copper mine

Hudbay Minerals Inc. today extended its hostile take over bid for Augusta Resource Corporation to gain control of the Rosemont copper project for another 10 days and is now set to expire on May 16. The extension comes three days … Continue reading

Posted in Uncategorized | Comments Off on Hudbay extends hostile bid for Augusta 10 days as it reviews permitting and approval outlook for Rosemont copper mine

Augusta shareholders extend poison pill hours before regulator’s scheduled vote on HudBay’s request to revoke plan

Augusta Resource Corporation shareholders this morning voted to continue a poison pill plan adopted by the Augusta board of directors last year in anticipation of a hostile takeover bid from HudBay Mineral Resources. It’s uncertain, however, how long the plan … Continue reading

Posted in Investors | 1 Comment