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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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Category Archives: Investors
Augusta Resource’s independent auditor warns there is “substantial doubt” over its “ability to continue as a going concern”
Augusta Resource Corporation’s independent auditing firm Monday alerted investors that the Vancouver-based speculative mining company that is seeking permits to build the Rosemont copper project faces “material uncertainty” about its ability to continue to operate. The accounting firm of Ernst … Continue reading
Posted in Investors
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Earthworks Press Release: Rosemont Copper and A Tale of Two Mines
Earthworks: Rosemont Copper and A Tale of Two Mines (via PR Newswire) TUCSON, Ariz., Dec. 18, 2012 /PRNewswire/ — The same Canadian mining speculators who are now seeking government permits to build the Rosemont copper mine in the Santa Rita Mountains … Continue reading
Posted in Investors, Mining Law
1 Comment
Appointment of new director fuels speculation that cash-strapped Augusta Resource, parent of Rosemont Copper, may be sold
Augusta Resource Corporation’s appointment of mining attorney Robert Pirooz to its board of directors indicates the Vancouver, B.C.-based junior miner that owns the Rosemont Copper Company may soon be acquired. The appointment comes as Augusta continues to struggle with cash … Continue reading
Posted in Investors
2 Comments
Augusta’s cash reserves fell to $9.6 million before rescued by Red Kite’s $40 million loan
RK (Red Kite) Capital Management, a London-based copper hedge fund, is doubling-down on its stake in Augusta Resource Corp., giving the parent of Rosemont Copper Company a lifeline in the face of sharply declining cash reserves. Augusta Resource’s 2nd Quarter … Continue reading
Posted in Deceptions, Investors
Comments Off on Augusta’s cash reserves fell to $9.6 million before rescued by Red Kite’s $40 million loan
Tic Tock: Where’s Augusta Resources’ 2nd Quarter financial reports?
Canadian securities regulations require publicly-traded companies like Augusta Resource Corporation to release quarterly Financial Statements and accompanying Management Discussion & Analysis reports within 45 days of the end of the quarter. Augusta’s second quarter ended on June 30. Therefore, Augusta … Continue reading
Posted in Investors
2 Comments