Author Archives: admin

Rosemont mine opponents file lawsuit challenging key water permit needed to begin construction of copper project

Opponents of the proposed Rosemont copper mine Friday filed a lawsuit challenging the issuance of a key state water permit needed to begin construction of the open-pit copper mine in the Santa Rita Mountains southeast of Tucson. The lawsuit, filed … Continue reading

Posted in Groundwater | 4 Comments

Forest Service’s environmental report for Rosemont Mine draws fire from Pima County and Southern Arizona U.S. Representatives

The Coronado National Forest’s proposed final environmental impact study for the Rosemont copper mine is drawing sharp criticism from Pima County’s top administrator. and two U.S. Congressmen from southern Arizona. Pima County is demanding that a new study be prepared … Continue reading

Posted in EIS | 4 Comments

With cash running out, Augusta turns to an officer and shareholder for $10 million as Rosemont permitting looms

Augusta Resource Corp. has turned to a corporate officer and an existing shareholder for $10 million to shore up its depleted cash reserves as the company awaits a crucial decision from the Coronado National Forest on its proposed Rosemont copper … Continue reading

Posted in Investors | 5 Comments

Augusta’s financing plan fails to impress

Investors have greeted Augusta Resource Corporation’s announcement last week it has reached a preliminary financing agreement with a consortium of international lenders to provide capital to build its Rosemont copper project with a big yawn. Augusta’s sagging stock continues to … Continue reading

Posted in Investors | 3 Comments

Pima County: Forest Service is rushing to judgment and distorting information in Rosemont environmental report

Pima County’s top administrator is warning that the U.S. Forest Service has “mischaracterized” statements in the draft Final Environmental Impact Statement (FEIS) for the proposed Rosemont mine and is “rushing” to issue a final decision for the massive open pit … Continue reading

Posted in EIS | 6 Comments