Hudbay extends hostile bid for Augusta, mulls Rosemont delay

Hudbay Minerals (TSX: HBM; NYSE: HBM) is extending its hostile takeover offer for Augusta Resource (TSX: AZC; NYSE-MKT: AZC) to May 16 from May 5, and says it’s digesting news  of permitting delays at Augusta’s flagship Rosemont copper–molybdenum project in Tucson, Ariz. Augusta notified...