Author Archives: admin

Augusta Resource shareholders ratify poison pill plan as HudBay Minerals eyes juniors for possible purchase in 2014

Augusta Resource Corporation Thursday ratified a “poison pill” plan in the event of an unsolicited take over offer for control of the Vancouver, B.C-based junior mining company whose principle project is the proposed Rosemont copper mine in the Santa Rita … Continue reading

Posted in Investors | 2 Comments

BLM warns Forest Service of Rosemont mine’s potential negative impact to Las Cienegas National Conservation Area

After years of standing quietly on the sideline in the tumultuous debate over the Rosemont copper project, the U.S. Bureau of Land Management has finally weighed in and expressed serious concerns over the proposed mine’s impact on the Las Cienegas … Continue reading

Posted in Clean Water Act, Endangered Species, Groundwater, water, Wildlife | 3 Comments

Forest Service says Rosemont Final Environmental Impact Statement set for Nov., pushing Record of Decision into 2014

The Coronado National Forest today announced that the Final Environmental Impact Statement for the Rosemont copper project will be released in November and subject to new Forest Service regulations calling for additional consultation with stakeholders before the Record of Decision … Continue reading

Posted in EIS | 2 Comments

Tohono O’odham asks U.S. Agriculture Secretary to “stop” Forest Service’s effort to expedite Rosemont permitting

The Tohono O’odham Nation has asked U.S. Agriculture Secretary Tom Vilsack to stop the Coronado National Forest’s efforts to expedite the Final Environmental Impact Statement (FEIS) and associated Record of Decision (ROD) for the proposed Rosemont copper mine. “The Tohono … Continue reading

Posted in EIS | 3 Comments

Toronto stock analyst issues sell rating, lowers target price for Augusta in wake of lawsuit challenging key water permit

Toronto-based Dundee Securities Tuesday lowered its target price for Augusta Resource Corporation to $2.30 and reaffirmed its “sell” rating for what it calls a “high risk” stock. Dundee cited a lawsuit filed Friday by a coalition of environmental groups and … Continue reading

Posted in Investors, water | 1 Comment