Hudbay Will Appeal Unprecedented Rosemont Court Decision
Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM)
Last hudbay minerals inc. ordinary shares (canada) earnings: 2/20 05:35 pm
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Source: GlobeNewswire
TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced that late yesterday the U.S. District Court for the District of Arizona (“Court”) issued a ruling in the lawsuits challenging the U.S. Forest Service’s issuance of the Final Record of Decision (“FROD”) for the Rosemont project in Arizona. The Court ruled to vacate and remand the FROD such that Rosemont cannot proceed with construction at this time. Hudbay believes that the Court has misinterpreted federal mining laws and Forest Service regulations as they apply to Rosemont. As such the company will be appealing the Court’s decision to the U.S. Ninth Circuit Court of Appeals. The FROD was issued in June 2017 after a thorough process of ten years involving 17 co-operating agencies at various levels of government, 16 hearings, over 1,000 studies, and 245 days of public comment resulting in more than 36,000 comments. “We are extremely disappointed with the Court’s de
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HBM
Earnings
- 11/13/24 - Beat
HBM
Sec Filings
- 11/18/24 - Form 6-K
- 11/14/24 - Form SC
- 11/14/24 - Form 6-K
- HBM's page on the SEC website