The U.S. District Court for Arizona has turned down Hudbay Minerals’ (TSX: HBM; NYSE: HBM) request that it reconsider its ruling in July that prevents the company from developing its Rosemont copper mine in the state.
In October, U.S. District Court Judge James Soto said there was no reason to reconsider the earlier court ruling that challenged and overturned the U.S. Forest Services’ approval of the project.
“This ruling confirms the court continues to inappropriately assume the responsibility of the regulators, misrepresenting current mining laws and regulations that govern mining activities on public lands throughout Arizona and the U.S.,” Hudbay’s director of investor relations, Candace Brule, told The Northern Miner in an email response to questions about the latest setback for the company.
Hudbay did not issue a press release on the court’s denial of the motion for reconsideration, and says it is not in a position to share details about the timing or date of its appeal.
Continue reading at The Northern Miner.