Category Archives: Hudbay

Hudbay scraps Rosemont copper reserves estimate

Hudbay Minerals has reclassified the amount of copper at its proposed Rosemont mine made by former owner Augusta Resource Corporation as “historical estimates” rather than as current mineral reserves. “A qualified person has not done sufficient work for us to … Continue reading

Posted in Feasibility Study, Hudbay, Investors | 2 Comments

Hudbay fails to disclose permit revocation in financial filings

Hudbay Minerals does not disclose in its most recent financial filings that an Arizona court on March 6 revoked the air pollution permit for its proposed $1.5 billion Rosemont copper project. Hudbay has not issued any press releases concerning the … Continue reading

Posted in Air Quality, Hudbay, Investors | 1 Comment

Pima County to challenge state’s water quality certification for Rosemont

Pima County (AZ) will challenge the Arizona Department of Environmental Quality’s decision last month to issue a Clean Water Act Section 401 Certification for Hudbay Mineral’s proposed Rosemont copper project. The Pima County Board of Supervisors voted 4-1 Tuesday to … Continue reading

Posted in Groundwater, Hudbay, water | 1 Comment

Rosemont mine prospect costs jump 25%

The projected construction cost for Hudbay Mineral’s Rosemont copper prospect has jumped another $300 million to $1.5 billion, according to Hudbay CEO David Garofalo. The projected cost of the mile-wide, half-mile deep open pit copper mine planned for the Santa … Continue reading

Posted in Feasibility Study, General, Hudbay | 2 Comments

Hudbay CEO suggests Rosemont permitting is a certainty

Hudbay Mineral’s CEO David Garofalo says the Toronto-based, multinational mining company only makes significant investments in countries where the company is “certain” that all necessary permits will be issued. Hudbay’s investments include the highly controversial mile-wide, half-mile deep Rosemont open … Continue reading

Posted in Clean Water Act, General, Hudbay | 5 Comments