Category Archives: Investors

HudBay charges Augusta is ignoring “critical permitting and financing risks”

HudBay Mineral Resources today said Augusta Resource Corporation has failed to address “critical permitting and financing risks that cast doubt on Augusta’s plans to develop the Rosemont project.” HudBay issued the statement in response to Augusta’s issuance of a Director’s … Continue reading

Posted in Deceptions, General, Investors | 1 Comment

Augusta claims Water Permit “imminent” despite EPA concerns

Augusta Resource Corporation’s Chief Executive Officer Gil Clausen on Monday said that Augusta expects to receive the U.S. Army Corps of Engineers Section 404 Clean Water Act permit for its Rosemont copper mine in the second quarter, despite the longstanding criticism … Continue reading

Posted in Clean Water Act, EPA Criticism, Investors, water | 1 Comment

Augusta Resource: Rosemont mine project may get “bigger”

Updated on at 1:21 p.m., Feb. 26 to include information from the Augusta Resource Corp. “Directors Circular” concerning HudBay Mineral Resources’ takeover offer. Contrary to previous statements, Augusta Resource Corporation’s Chief Executive Officer Gil Clausen on Monday said the company … Continue reading

Posted in General, Investors | 1 Comment

Arizona Daily Star reports Rosemont stiffed Forest Service on $514,000 bill for starting 2011 wildfire that charred 1,826 acres

Rosemont Copper Company has failed to pay a $514,000 bill owed to the U.S. Forest Service since last August for expenses related to a 2011 wildfire started by one of its employees, the Arizona Daily Star reported Sunday. The unpaid … Continue reading

Posted in General, Investors | 4 Comments

Augusta Resource executives purchased and sold stock in days leading up to and after HudBay takeover bid announcement

Correction and Clarification: An earlier post incorrectly stated last Friday was Feb. 8. The correct date is Feb. 7. This post also includes updated information from Augusta Resource’s May 17, 2013 proxy statement that states the market value of “restricted … Continue reading

Posted in Investors | 1 Comment