InvestigativeMEDIA’s documentary on the worldwide operations of Hudbay Minerals and the company’s plans to construct the Rosemont open-pit copper mine in the Santa Rita Mountains on the Coronado National Forest southeast of Tucson, Arizona.
The Toronto-based company proposing to build the Rosemont Mine southeast of Tucson says it’s still committed to the project despite continued copper price declines.
Over the past month, copper prices have touched on six-year lows — dating back to the depths of the post-financial-crisis recession — before rising slightly late last week. On Thursday, the price was $2.38 a pound, up from $2.31 earlier in the week.
Sparking controversy, two proposed copper mines in Arizona National Forest have different meanings to different people in the state.
Both the Rosemont and Oak Flat mine proposals are entrenched in the promise of economic prosperity and environmental degradation from the opposing sides.
One undisputable fact, from both views, is that a section of the federally protected land would be lost forever.