2011 wildfire was started by a company employee.
But stock prices jumped for Rosemont Copper's parent company.
Hudbay Minerals Inc. and Augusta Resource Corp. announced early today that the two companies have agreed on a friendly takeover bid for the British Columbia company that owns the proposed Rosemont Mine site near Tucson.
The difference in size and scale between the current owners of the proposed Rosemont Mine and its suitor is staggering, their financial reports show.
Hudbay Minerals Inc. said Tuesday that it has again extended its offer to acquire all of the outstanding common shares of Rosemont Mine developer Augusta Resource Corp., this time until June 9.
The federal government formally announced Friday that it will restart reviews of the proposed Rosemont Mine’s impacts on eight endangered species including the ocelot.
In a decision that both sides are spinning as a victory, the British Columbia Securities Commission says that under certain circumstances, it will put an end to Augusta Resource Corp.’s shareholder rights plan by mid-July.
The takeover battle for the Canadian company that owns the Rosemont Mine site hits a climactic moment in Vancouver, B.C. today (Tuesday, April 29).Officials of Augusta Resource Corp. and Hudbay Minerals Inc. will argue over whether the British Columbian government should put a halt to a shar…
Toronto-based HudBay Minerals Inc. says it will make a bid worth nearly $500 million for all of the shares of Augusta Resource Corp., which is vying to build the Rosemont Mine in the Santa Rita Mountains southeast of Tucson.
The U.S. Forest Service will issue a draft decision today approving the proposed Rosemont Mine in the Santa Rita Mountains southeast of Tucson.
The Forest Service laid much of the groundwork Friday for approval of the Rosemont Mine by releasing a final environmental report saying essentially that while the mine will cause negative impacts, it’s now clearly in line with nearly all environmental laws.
A final decision by the Coronado National Forest on the controversial Rosemont Mine will likely be delayed until March, the forest supervisor said Monday.
Rosemont Copper has signed a letter with a dozen international banks that shows it is close to getting financing to build the $1.22 billion Rosemont Mine project, its Canadian parent company says.
More copper produced - yet less water sucked from the aquifer, less pollution, less juice needed to power the mine and mill, and fewer trucks on the road.
A sign near an artificial pond marks the end of public access in the area proposed for Rosemont Copper's open-pit mine in the Coronado National Forrest in the Santa Rita Mountains southeast of Tucson.
This composite of six images, facing east, shows the valley in the part of the area proposed for Rosemont Copper's open-pit mine in the Coronado National Forest in the Santa Rita Mountains south of Tucson.
A worker moves copper cathodes, a process Rosemont has decided against, at a mine near Benson.
From left, flotation concentrate (shining chalcopyrite), copper concentrate in a very fine, wetted, sand form; a solution of all the minerals in the copper ore rock, plus chemicals and water used to separate the calcopyrite; a compound containing copper, along with iron and sulfur, the basic…
Higher costs and profits than previously forecast are on tap for the proposed Rosemont Mine, says a new feasibility study.