Hudbay’s US properties are the Rosemont project, located in Arizona, and the Ann Mason project, located in Nevada.
The Ann Mason deposit, acquired in late 2018, is one of the largest undeveloped copper resources in the Americas. It is similar in scale to Constancia and Rosemont.
In production, the Rosemont project will be one of the largest copper mines in the United States, with an expected mine life of 19 years.
The copper at Rosemont will support a cleaner, interconnected economy by supplying critical materials in accordance with some of the world’s most stringent labour and environmental standards.
In July 2019, the US District Court for Arizona issued a ruling that vacated the Final Record of Decision (FROD) issued by the US Forest Service. As a result, our ability to move ahead with building Rosemont is suspended for the time being. Simply put, the judge ruled that the decision to issue the FROD was based on an incorrect interpretation of mining claims.
We will appeal the ruling. Hudbay believes that the Court misinterpreted federal mining laws and Forest Service regulations as they apply to Rosemont.
The metal from Rosemont will be a vital part of technology in daily life, the green economy and Arizona’s future.
Utilizing leading-edge mining technologies, Rosemont will help define safe and sustainable 21st-century mining practices that will support America’s clean energy economy. Rosemont is striving to raise the bar for what it means to safely and sustainably mine copper and other essential minerals – to minimize impacts to the landscape and water and to enrich partner communities in ways that outlast the course of mining operations.