Category Archives: Feasibility Study

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

Hudbay executive says Rosemont mining plan is being revised

Hudbay Minerals Inc. is preparing a revised mining plan for its proposed Rosemont open-pit copper project in the Santa Rita Mountains on the Coronado National Forest southeast of Tucson; a corporate executive recently disclosed to a mining news website. “We … Continue reading

Posted in Feasibility Study, General | 3 Comments

Hudbay scraps Rosemont copper reserves estimate

Hudbay Minerals has reclassified the amount of copper at its proposed Rosemont mine made by former owner Augusta Resource Corporation as “historical estimates” rather than as current mineral reserves. “A qualified person has not done sufficient work for us to … Continue reading

Posted in Feasibility Study, Hudbay, Investors | 2 Comments

Rosemont mine prospect costs jump 25%

The projected construction cost for Hudbay Mineral’s Rosemont copper prospect has jumped another $300 million to $1.5 billion, according to Hudbay CEO David Garofalo. The projected cost of the mile-wide, half-mile deep open pit copper mine planned for the Santa … Continue reading

Posted in Feasibility Study, General, Hudbay | 2 Comments

Rosemont Copper still faces key technical hurdles that could further increase cost of proposed $1.2 billion open pit mine

Augusta Resource Corp., the Vancouver, B.C.-based parent company of Rosemont Copper Company, still has some major regulatory and non-regulatory hurdles to cross that could directly impact the cost of the $1.2 billion project that has increased more than $300 million … Continue reading

Posted in EIS, Feasibility Study | 3 Comments