Category Archives: Hudbay

Pima County ratchets up opposition to Rosemont Mine as Army Corps Clean Water Act permitting decision looms

Pima County has provided additional information to the U.S. Army Corps of Engineers Division Commander and staff to bolster their long-standing opposition to the proposed Rosemont mine. In a series of five letters written since September, Pima County provided the … Continue reading

Posted in Clean Water Act, Endangered Species, Groundwater, Hudbay, Recreation, water | 1 Comment

Hudbay facing shareholder rebellion for “systematic” mismanagement

Hudbay Minerals is facing a shareholder rebellion from one of its largest institutional investors angered over its slumping stock price and “systematic” mismanagement including “fundamentally” misunderstanding the permitting process and public opposition for its proposed $1.9 billion Rosemont Copper Mine. … Continue reading

Posted in Hudbay, Investors | 4 Comments

Harper’s turns its sharp eye on Rosemont and Resolution mines

The September issue of Harper’s Magazine reports on proposals by foreign companies to construct two massive copper mines on environmentally sensitive landscapes held sacred by Arizona Native American tribes. Written by Tucson-based journalist Mort Rosenblum and graced with stunning photography by … Continue reading

Posted in General, Hudbay, water, Wildlife | 1 Comment

Hudbay stock falls below $5 a share for first time in 14 months

Higher production costs in Manitoba, lower than expected earnings and continued slumping copper prices weakened by President Trump’s trade war with China sent Hudbay Mineral’s stock into a tailspin this week falling below $5 a share on the New York … Continue reading

Posted in Economics, General, Hudbay, Investors | 2 Comments

Hudbay stock hits one year low as copper prices slump

Toronto-based Hudbay Minerals Inc. stock price is hovering near 52-week lows dragged down by falling copper prices facing downward pressure by the U.S. initiated trade war and signs of a global economic slowdown. Hudbay, which is seeking permits to construct … Continue reading

Posted in Economics, General, Hudbay, Investors | 3 Comments