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Hudbay Minerals to Suspend Development of Back Forty Project
Jul. 03, 2012 04:46PM PST
Base Metals Investing Platts reported that according to Aquila Resources, Hudbay Minerals, has planned to suspend development of the Back Forty zinc-gold project.
Platts reported that according to Aquila Resources, Hudbay Minerals, has planned to suspend development of the Back Forty zinc-gold project.
As quoted in the market news:
Aquila said it owns a 49% stake in the Back Forty project, located in Michigan’s Upper Peninsula, with Hudbay owning a 51% interest. The Back Forty site is a zinc- and gold-rich volcanogenic massive sulphide deposit, Aquila said.