R/€ = 15.89 Change: -0.01
R/$ = 14.00 Change: 0.01
Au 1340.54 $/oz Change: -1.24
Pt 826.57 $/oz Change: 5.32


Titan appoints former Arizona directors to its board

By: Mariaan Webb     10th October 2018 Zinc miner Titan Mining has appointed three new board members, all of whom served on the board of Arizona Mining, which was taken over by South32 in a $1.3bn deal. The TSX-listed company, which owns the Empire State Mine (ESM) in New York state, appointed former speaker John Boehner, former... 

PDAC honours industry leaders

By: Donald Makhafola     16th February 2018 The largest challenge facing the mining industry globally is the disconnect between investors' timeframes and the timeframe to discover and develop mining projects, says exploration and development company NexGen Energy, the winner of nonprofit organisation the Prospectors and Developers... 

Hudbay acquires 92% of Augusta Resource

By: Henry Lazenby     17th July 2014 Base metals miner Hudbay Minerals on Thursday announced that it had acquired 92% of project developer Augusta Resource outstanding shares, giving it firm control of the Rosemont copper project, near Tucson, Arizona. Hudbay also announced an extension of its offer to acquire the remaining... 

Hudbay and Augusta shake hands on sweetened friendly deal

By: Henry Lazenby     23rd June 2014 Following a months-long hostile pursuit of project developer Augusta Resource Corp, base metals miner Hudbay Minerals on Monday said the two companies had agreed to friendly terms for a sweetened all-scrip takeover offer. The C$555-million deal would see Hudbay, which already owned a 16% stake in... 

Augusta attracts 9 potential buyers in response to Hudbay’s offer

By: Henry Lazenby     28th March 2014 The strategic review process that Augusta Resources started in response to base metals miner Hudbay Minerals' C$540-million unsolicited takeover offer, has attracted nine interested parties, including a number of significant industry players, the copper project developer revealed on Friday.... 

Hudbay’s hostile bid for Augusta Resources 'failing' – Augusta

By: Henry Lazenby     17th March 2014 After base metals miner Hudbay Minerals on Friday extended the deadline of its hostile bid for copper project developer Augusta Resources, and removed the minimum tender requirement that at least two-thirds of shares be tendered, Augusta on Monday hit back, saying it was “an ill-considered... 

Augusta rebuffs Hudbay’s C$540m 'low-ball' bid

By: Henry Lazenby     24th February 2014 US base metals project developer Augusta Resource Corp on Monday announced that its board unanimously recommended that Augusta shareholders reject the C$540-million unsolicited all-scrip offer from Canadian miner Hudbay Minerals to acquire all its outstanding common shares. The Toronto-based... 

Augusta Resource adopts shareholders rights plan

By: Henry Lazenby     19th April 2013 Dual-listed Augusta Resource, which is developing the Rosemont copper project, in Arizona, said its board had on Friday adopted a shareholder rights plan and an advance notice policy. The company said its board was aware of a recent accumulation of common shares of the company by miner HudBay... 


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