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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 CEO David Garofalo resigns leaving company mired in debt and stock hovering near five-year lows
Hudbay Minerals Inc. CEO David Garofalo will leave the parent company of the Rosemont Copper project at the end of the year to take over the helm of Goldcorp, one of the world’s largest gold miners. Hudbay’s Chief Operating Officer … Continue reading
Posted in Hudbay, Investors
3 Comments
Hudbay selling $34.5 million in Rosemont equipment; unsold copper stockpiles jump; debt mounts; 3rd Quarter loss
Hudbay Mineral’s is liquidating $34.5 million in previously purchased equipment and deposits on future equipment that was slated to be used at its proposed Rosemont copper mine but is no longer useful based on recent engineering studies. Toronto-based Hudbay reports … Continue reading
Posted in Hudbay, Investors
3 Comments
Hudbay stock continues downward spiral as copper prices decline
Hudbay Minerals Inc. stock continued its precipitous decline closing Wednesday at a six-year low of $4.13 a share on the New York Stock Exchange as fears of a slowing world economy continue to depress commodity prices. Hudbay is proposing to … Continue reading
Posted in Hudbay, Investors
3 Comments
Hudbay states it ‘remains committed’ to Rosemont Mine while major miners slash production
The Arizona Daily Star is reporting that Toronto-based Hudbay Minerals Inc. “remains committed” to constructing the Rosemont Copper Mine in the Santa Rita Mountains on the Coronado National Forest 35 miles southeast of Tucson. “Hudbay remains committed to developing the … Continue reading
Posted in Hudbay, Investors
4 Comments
Unexpected loss sends Hudbay stock to six-year low
Hudbay Minerals stock was pummeled Thursday to its lowest level in six years following the company’s announcement of an unexpected $55.2 million second-quarter loss, according to its 2nd Quarter Financial Statement. Wall Street analysts were projecting Hudbay, the owner of … Continue reading
Posted in Hudbay, Investors
4 Comments