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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 completes aquisition of Augusta Resource to take control of Rosemont copper project
Hudbay Minerals announced this week the completion of its C$555 million acquisition of Augusta Resource Corporation, triggering a multimillion dollar windfall for Augusta executives and putting Hudbay in control of the controversial Rosemont copper project on the Coronado National Forest … Continue reading
Posted in Hudbay, Investors
3 Comments
Red Kite waives loan condition and advances Augusta Resource $6 million to address endangered species review
In the wake of federal wildlife regulators’ decision to reopen studies of the proposed Rosemont copper mine’s impact on endangered species, cash-strapped Augusta Resource Corporation has obtained a $6 million loan advance and now expects final federal approvals to be … Continue reading
Posted in Clean Water Act, Endangered Species, Investors, water, Wildlife
5 Comments
Motley Fool reports on Augusta’s permitting “shortfall” as its chairman continues history of misleading shareholders
Augusta Resource Corporation Chairman Richard Warke has a long history of failing to disclose information to shareholders, and now a prominent investment blog is highlighting Augusta’s failure to promptly inform investors about a significant permitting issue facing the company’s Rosemont … Continue reading
Posted in Investors
4 Comments
Augusta shareholders extend poison pill hours before regulator’s scheduled vote on HudBay’s request to revoke plan
Augusta Resource Corporation shareholders this morning voted to continue a poison pill plan adopted by the Augusta board of directors last year in anticipation of a hostile takeover bid from HudBay Mineral Resources. It’s uncertain, however, how long the plan … Continue reading
Army Corps and Forest Service deliver setbacks to Augusta Resource’s Rosemont copper project on eve of annual meeting
Augusta Resource Corporation on Thursday suffered two major setbacks in its effort to construct the proposed Rosemont copper mine southeast of Tucson. On the eve of Augusta’s annual meeting with a $500 million hostile takeover bid set to expire Monday, … Continue reading
Posted in EIS, Investors
3 Comments