Low copper prices delay Rosemont Mine

CopperBy Tony Davis | Arizona Daily Star

The proposed Rosemont Mine faces potentially lengthy construction delays due to low copper prices, just as the project heads into what could be a final round of government permitting.

Hudbay Minerals Inc., the Toronto-based company proposing to build the mine, has cut the value of the Rosemont project on its balance sheet by $114.5 million because of the copper prices and expected delays in mine construction, the company said in a recent news release.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.