Hudbay Minerals to Suspend Development of Back Forty 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.

Click here to read the full Platts report.