The funds will be directed towards drilling, exploration, technical studies and further development of the Cactus copper ...

Hudbay Minerals Inc. still needs to complete a final feasibility study and find a financial partner before work begins on the $1.3 billion project in the Santa Rita Mountains.

Hudbay Minerals (NYSE:HBM) +4.2% in Thursday's trading after saying it received an air quality permit for the Copper World ...

Hudbay Minerals will boost its stake in copper explorer Arizona Sonoran Copper with a 19.9 million Canadian dollars ($13.9 million) investment that will help advance a copper project in Arizona.