Category Archives: Investors

Future ownership of Rosemont copper project to be determined as Augusta shareholders meet with HudBay bid set to expire

Two starkly different scenarios over the future ownership of the proposed Rosemont copper project have emerged in the days leading up to Augusta Resource Corporation’s annual meeting this Friday in Vancouver, B.C. The focus of the meeting will be whether … Continue reading

Posted in Clean Water Act, EIS, Investors | 1 Comment

Hudbay increases pressure in hostile takeover bid claiming “Augusta continues to mislead shareholders”

Hudbay Mineral Resources is stating in U.S. and Canadian regulatory filings that Augusta Resource Corporation is misleading its shareholders in its financial statements concerning the financing, permitting and construction timeline for Augusta’s proposed Rosemont copper project. “Augusta continues to mislead … Continue reading

Posted in Investors | 2 Comments

Augusta again urges shareholders to reject HudBay bid claiming it is on the “cusp” of receiving final permit

Augusta Resource Corporation is continuing the mantra in its annual proxy statement released last week that the final major permit for its Rosemont copper project will be issued before July and that construction will begin later this year. And, once … Continue reading

Posted in Clean Water Act, EIS, Investors, water | 1 Comment

Augusta ignores Army Corps concerns and continues to tell investors 404 Clean Water Act permit will be issued by June 30

Augusta Resource Corporation continued to state in regulatory disclosures filed late Monday that it expects its Rosemont Copper Company subsidiary to receive a crucial Clean Water Act permit from the U.S. Army Corps of Engineers by June 30. The Section … Continue reading

Posted in Clean Water Act, Investors | 1 Comment

HudBay CEO: Augusta must resolve all litigation before it can access funds to build Rosemont mine

Augusta Resource Corporation cannot access  funds needed to begin construction on its massive Rosemont copper project until all litigation challenging the mine has been concluded, David Garofalo, president and CEO of HudBay Mineral Resources, stated in a March 14 press … Continue reading

Posted in General, Investors | 4 Comments