Hudbay Minerals Inc.
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COPPER: Peru to double production by 2016
PERU – Eleodoro Mayorga, the Peruvian minister of energy and mines, recently said that his country will double its copper production by 2016, making it the second largest producer in the world.
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COPPER: Progress continues at Reed Mine in Flin Flon
VANCOUVER: VMS Ventures Inc. has just issued an update on the progress that has been made at the Reed (copper-zinc-gold-silver) mine, near Flin Flon, Manitoba. The company owns 30% of the mine while Hudbay Minerals Inc. owns the balance and is…
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Augusta agrees to sweetened Hudbay takeover
VANCOUVER – After a drawn-out takeover battle that tested proposed new regulations on the tenure of shareholder rights plans in British Columbia, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) has agreed to a sweetened takeover bid from…