TUCSON, Ariz., June 19, 2013 /PRNewswire/ — Augusta Resource Corporation’s annual shareholder meeting in Vancouver, B.C. takes place tomorrow amid increasing regulatory and financial uncertainty regarding its only project, the proposedRosemont Copper mine in Arizona.
Augusta’s working capital is plummeting, its independent auditor has raised doubts about whether Augusta as a “growing concern”,and the U.S. Environmental Protection Agency describes the company’s key water mitigation plan as scientificaly flawed. [Read more…]