Inside Tucson Business
(Editor’s note: Posting opinion pieces does not necessarily reflect the opinions of Rose Law Group.)
On June 22, 2005, Inside Tucson Business reported that a small publicly traded mining company, Augusta Resource Corp., headquartered in Denver and whose stock traded on the Canadian TSX Venture Exchange, had purchased the 2,760-acre Rosemont Ranch on the eastern slope of the Santa Rita Mountains for $20.8 million.
A lot of words have been printed and said over the last eight years as Augusta Resource and its subsidiary Rosemont Copper have pursued their proposal to open the site as a state-of-the-art copper mine.
Lawsuits were filed by opponents and dismissed by the courts.
News coverage by supposedly impartial media outlets focused on claims of endangered species that might be lost. The funniest was in 2008 when the Arizona Daily Star resurrected a two-year-old study about bighorn sheep and tried to show how the mine would destroy efforts to bring back populations of the animal. Except there has never been a native bighorn sheep population in the Santa Ritas.
