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Recent Posts
- University of Arizona is advancing Copper World by quietly approving utility corridors across world-class research site
- After making a secret right-of-way deal, the State Land Department is poised to auction land for Copper World’s waste dumps
- Hudbay will initially export all copper produced at its proposed Copper World mine
- Hudbay wavers in its commitment that Rosemont/Copper World will produce copper for U.S. markets
- Canadian company planning Copper World/Rosemont mine complex is seeking buyer or merger partners
- USGS rejects request by six U.S. senators to add copper to Critical Minerals List
- Hudbay sets benchmarks to build Copper World/Rosemont mine complex
- Copper World’s high production of sulfuric acid poses serious pollution and water depletion threat to Santa Cruz River Valley
- Hudbay says it is developing plans to build at least three open-pit copper mines on west side of Santa Rita Mountains
- Hudbay tells investors and analysts that it owns enough land to mine the western side of the Santa Rita Mountains
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Author Archives: admin
AUGUSTA RESOURCE’S CEO GIL CLAUSEN TENDERS RESIGNATION FROM JAGUAR MINING BOARD OF DIRECTORS
Shareholders cite Clausen’s “exceedingly poor decision-making”, “gross failures of judgment” and “serious conflicts of interest” Augusta Resource Corporation CEO Gil Clausen submitted his resignation from the board of directors of Jaguar Mining Corporation last Friday following a shareholder revolt aimed … Continue reading
Posted in Investors
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Rosemont facing “extreme scrutiny” for $404 million in construction loans as cash runs low
Already facing a cash flow crisis that could see Augusta Resource Corporation run out of money by year’s end, a former World Bank official says it is very unlikely the company will be successful in its plan to obtain $404 … Continue reading
Posted in Investors
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Forest Service casts doubt on Augusta’s pledge to begin mine construction this year
In another set back to Augusta Resource Corporation’s plans to begin construction of the Rosemont mine later this year, the U.S. Forest Service announced it has no timetable for when environmental studies needed to build the mine will be completed. … Continue reading
Posted in EIS, General
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Rosemont Copper faces cash flow squeeze: Arizona Daily Star
Rosemont Copper Company’s parent company, Augusta Resource Corp., will run out of cash by the end of the year unless it sharply reduces spending or receives a new injection of capital, the Arizona Daily Star reported Sunday in a lengthy … Continue reading
Posted in Investors
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