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Hudbay shares slump 20% after court bars construction at Arizona project
Friday, August 2, 2019 - 2:36:16 PM
www.mining.com
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The ruling from the US District Court for Arizona challenged the US Forest Service’s June 2017 decision that enabled the company to move forward with a mine plan, which was approved in March.
Hudbay shares sank 20.4% in morning trading, after earlier falling as much as 24.8% to C$5.08 in Toronto.
Hudbay said on Thursday it plans to appeal the ruling.
http://www.miningnewspro.com/en/News/406156/Hudbay shares slump 20% after court bars construction at Arizona project
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