Category Archives: Investors

Confident it will withstand legal challenges, Hudbay getting finances in place to construct $1.9 billion Rosemont Mine

Toronto-based Hudbay Minerals Inc. is taking significant financial steps to free up cash in anticipation of receiving final government approvals to begin construction on its proposed $1.9 billion Rosemont Mine and is confident the company will withstand all legal challenges … Continue reading

Posted in Clean Water Act, Hudbay, Investors, water | 4 Comments

Hudbay identifies major deposits with economic potential adjacent to its proposed Rosemont open pit copper mine

Toronto-based Hudbay Minerals Inc. has identified an additional 591 million tons of copper-bearing rock in deposits adjacent to its proposed mile-wide, half-mile deep Rosemont open pit copper mine that it says could be economically mined in the future. The additional … Continue reading

Posted in Hudbay, Investors | 8 Comments

Hudbay CEO tells financial analysts that Rosemont will receive key Clean Water Act permit

Toronto-based Hudbay Minerals CEO Alan Hair told investment analysts last week that its proposed Rosemont Mine will receive the two outstanding federal approvals needed for construction to begin on the $1.5 billion open-pit copper mine. Rosemont needs a Clean Water … Continue reading

Posted in Clean Water Act, Hudbay, Investors | 4 Comments

Hudbay reduces Rosemont spending, now looks to develop other mining projects first

Toronto-based Hudbay Minerals Inc. continues to cut spending on its Rosemont copper project and is now emphasizing developing major projects in Manitoba and Peru before it turns its attention to constructing the $1.5 billion open pit mine in the Santa … Continue reading

Posted in Hudbay, Investors | 3 Comments

SEC files illegal insider trading charges against former Hudbay executive in connection with Rosemont mine purchase

The U.S. Securities and Exchange Commission Wednesday filed illegal insider trading charges against a former Hudbay Minerals Inc. senior executive based in Peru in connection with Hudbay’s 2014 acquisition of Augusta Resource Corp. and its Arizona-based Rosemont Copper Company subsidiary. … Continue reading

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