Category Archives: Deceptions

Financial report: Hudbay plans to develop three open pit mines in Santa Rita Mountains

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A detailed analysis in an online financial publication is reporting that Toronto-based Hudbay Minerals is planning to develop three open-pit copper deposits at its proposed Rosemont Mine project in the Santa Rita Mountains on the Coronado National Forest southeast of … Continue reading

Posted in Deceptions, EIS, Feasibility Study, Hudbay | 5 Comments

Pima County lighting suit underscores adverse economic impacts of the proposed Rosemont Mine

Pima County has filed a lawsuit alleging that the Rosemont Copper Co. is in violation of the county’s outdoor lighting regulations by failing to submit a lighting plan for exploratory drilling at Rosemont’s proposed mine site in the Coronado National … Continue reading

Posted in Deceptions, Economics | 3 Comments

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 Resource drops shareholder ratification of poison pill plan from June 20 annual meeting

In a surprise move, Augusta Resource Corporation is not seeking shareholder approval of the company’s proposed poison pill strategy to thwart a possible hostile takeover at its upcoming June 20 annual meeting in Vancouver, B.C., according to a regulatory filing. … Continue reading

Posted in Deceptions, General, Investors | 1 Comment

Augusta Resource falsely claiming “Rosemont has established funding” for proposed copper mine

Augusta Resource Corp. continues its longstanding practice of providing misleading information to investors in its most recent “Investor Presentation” posted on the company’s website. Vancouver, B.C-based Augusta, which is seeking state and federal permits through its Rosemont Copper Company subsidiary … Continue reading

Posted in Deceptions, Investors | 3 Comments