Augusta up on news of $30-million HudBay investment
Vancouver – Augusta Resource (AZC-T) is $30 million richer after HudBay Minerals (HBM-T) picked up 11% of the …
HudBay Minerals Inc
HudBay Minerals posts first quarter loss
Lower copper and zinc prices sent HudBay Mineral’s (HBM-T) net earnings into negative territory in the first quarte…
Hedge Fund SRM Wins Battle For HudBay
VANCOUVER — The battle for control of HudBay Minerals (HBM-T, HBMFF-O) got uglier in the week leading up to the proxy vote deadline, with both the incumbent board and its challengers using letters an…
Lines Are Drawn In Battle For HudBay
VANCOUVER — After spending $460 million to acquire a nickel project that’s since been shelved and then attempting to take over Lundin Mining (LUN-T, LMC-N) in a deal that shareholders resoundingly re…
Lundin Loss Nears US$1B In 2008
VANCOUVER — Lundin Mining (LUN-T, LMC-N) lost almost US$1 billion in 2008 and now carries US$267 million in debt following the failure of a planned merger with HudBay Minerals (HBM-T, HBMFF-O), but t…
OSC ruling could stymie HudBay-Lundin merger
With one ruling from the Ontario Securities Commission (OSC), the future of both HudBay Minerals (HBM-T, HB…
OSC gives HudBay shareholders the vote
The Ontario Securities Commission (OSC) has taken a firm stand on the side of shareholder’s rights.
Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
HudBay-Lundin Merger Draws Fire
Vancouver — What was supposed to be a friendly merger between HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) is turning into a nasty battle, as groups of HudBay shareholders demand…
HudBay Bids For Lundin
Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …
Blue Note to close Caribou and Restigouche
Blue Note Mining (BN-T, BNMFF-o) is the latest miner to join the care and maintenance club after less than a year of commercial production at its Caribou and Restigouche zinc-lead mines in Bathurst, N…
Editorial: It’s closin’ time
Mine closings and layoffs. Yes, with metal prices pulling back sharply this past half year, we’ve finally reached that painful inflection point in the commodity cycle where mine suspensions and closin…