Augusta Resource Corporation
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MERGER: Hudbay to pick up remaining Augusta shares
TORONTO – It’s been a long courtship, but Hudbay Minerals has finally reached the point where it can take up the remaining 4% of Augusta Resource Corp. shares. The original offer was made in February 2014, but Augusta fought the takeover…
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Environmental permit delayed at Augusta’s Rosemont project
A recent sighting of a wildcat known as an ocelot near Augusta Resource’s (TSX: AZC; NYSE: AZC) Rosemont copper project near Tucson, AZ, has triggered US environmental authorities to believe further consultation is needed before the…
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Augusta Resource comments on permitting at Rosemont
Hudbay Minerals (TSX: HBM; NYSE: HBM) is extending its hostile takeover offer for Augusta Resource Corp. (TSX: AZC) to May 16 from May 5 and says it’s digesting news released late last week of permitting delays at Augusta’s Rosemont…
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COMMENT: Hudbay, Augusta remain at odds over merger
TORONTO – There is another merger on the horizon, one that has stirred up a fair amount of animosity but none of the headlines of the failed Barrick-Newmont talks. This one is the hostile takeover of Augusta Resource Corp. by Hudbay…
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Rough and tumble M&A: Watch for more hostile bids, distressed M&A this year
The days of mining companies being offered fat premiums by potential buyers are but a distant dream to shareholders.
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MERGER: Augusta board says “no” to Hudbay offer
TORONTO – The board of Augusta Resource Corp. unanimously recommends that its shareholders reject the unsolicited takeover offer from Hudbay Minerals. Earlier this month, Hudbay offered to acquire all the issued and outstanding common…
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TAKEOVER: Hudbay sets sights on Augusta’s Rosemont project
TORONTO – Hudbay Minerals has announced its intention to acquire all of the issued and outstanding common shares it does not already own of Vancouver’s Augusta Resource Corp., a deal that values the smaller company at $540 million….
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Silver Wheaton’s model thrives in tough times
After inventing the precious metal stream back in 2004 Silver Wheaton (TSX: SLW; NYSE: SLW) has noticed the landscape getting more crowded.
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Rosemont will cost more, Augusta says
Shares of Augusta Resource Corp. closed 7.8% lower at $1.66 per share following the release of an updated feasibility study that estimates higher capital and operating costs for its Rosemont copper project near Tucson, Arizona.
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MINING PEOPLE IN THE NEWS – Goldcorp, Alcan, Placer Dome, Maple Minerals, Augusta Resources, Northern Orion, Lexam Explorations
Ian Telfer, president and CEO of Vancouver’s GOLDCORP INC. has received Ernst & Young’s Entrepreneur of the Year Aw…