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Stock Market & Financial Investment News

News Breaks
November 18, 2012
13:52 EDTAZCAugusta Resource provides Rosemont permitting update
Augusta Resource Corporation announces a permitting update on its Rosemont Copper project following an information session held today by the U.S. Forest Service, USFS. The USFS has indicated that the permitting process is approximately 90% complete and three major items need to be completed for the last milestone which is the issuance of the final Environmental Impact Statement, EIS, and Record of Decision, ROD. The three items include: the consultation with the U.S. Fish and Wildlife Service which is nearing completion; the consultation with tribes and the State Historic Preservation Office of which the draft Memorandum of Agreement is under review; and, an update of air quality models which will be submitted this month. With the issuance of the final Air Quality Permit by the Arizona Department of Environmental Quality, ADEQ, which is expected by the end of 2012, Rosemont will be deemed to be in compliance with the required federal and state air regulations. Augusta has reviewed the work that still needs to be completed with the USFS, and expects that the process for the issuance of the final EIS and ROD can be concluded within 60 to 120 days.
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April 17, 2014
07:09 EDTAZCGlass Lewsi recommends Augusta resources vote for shareholder rights plan
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April 15, 2014
07:06 EDTAZCAugusta Resource to defend shareholders' ability to vote on rights plan
Augusta Resource notes the announcement by HudBay Minerals that it has applied to the British Columbia Securities Commission to seek to cease trade Augusta's shareholder rights plan. This is a deliberate attempt by HudBay to deny Augusta's shareholders of their ability to make one of the most critical decisions in respect of their investment in Augusta. Augusta will vigorously defend the ability of its shareholders to vote on its rights plan at any hearing that may be called.

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