Hudbay Minerals Makes Strategic Investment in Arizona Sonoran Copper’s Cactus Project

Post Views: 313 Hudbay Minerals Hudbay Minerals, a Canadian mining firm, has invested C$19.9 million ($13.8 million) to acquire a 10% stake in Arizona Sonoran Copper (ASCU). The deal is expected to close on January 30th. Funding Boost for Cactus Copper Project The investment will be used to advance ASCU’s Cactus copper project near Casa Grande, Arizona. This project boasts a significant copper resource, with a measured and indicated mineral resource of 632.6 million metric tonnes containing 3.257 million tonnes of copper. Hudbay’s investment demonstrates confidence in the Cactus pr...