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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
Hudbay posts sixth consecutive loss and plans to further reduce Rosemont spending
Toronto-based Hudbay Minerals Inc. posted its sixth consecutive quarterly loss during the 2nd quarter ending June 30 and plans to “substantially” reduce spending on its Arizona Rosemont copper project during the rest of 2016. Hudbay’s 2nd quarter loss of $5.7 … Continue reading
Hudbay reduces spending on Rosemont as permitting decision looms
Hudbay Minerals Inc. said it will sharply reduce spending on its proposed Rosemont copper mine for the remainder of 2016. “Capital expenditures in Arizona on the Rosemont project are expected to decline substantially over the balance of 2016,” the company … Continue reading
Posted in Hudbay, Investors
5 Comments
Hudbay’s debt, low copper prices puts Rosemont on back burner
Hudbay Minerals’ decision to delay construction of the $1.5 billion Rosemont copper project underscores the increasingly perilous financial outlook for the Toronto-based company that is mired in debt during a period of low copper prices that are expected to continue … Continue reading
Posted in General, Hudbay, Investors
3 Comments
Hudbay announces construction delay for the proposed Rosemont copper mine
Hudbay Minerals Inc. announced Wednesday that construction of the proposed Rosemont copper mine will be delayed until the depressed copper market improves but that it still intends to build the $1.5 billion project. Low copper prices also forced Toronto-based Hudbay … Continue reading
Posted in Hudbay, Investors
6 Comments
Hudbay expects to make key investment decision on Rosemont by midsummer
Hudbay Minerals is expected to make a crucial decision on the future of its Rosemont copper prospect by mid-summer when the Toronto-based miner completes an ongoing “definitive” feasibility study. Hudbay says it will spend $30 million completing the study that … Continue reading
Posted in Hudbay, Investors
2 Comments