Hudbay vows appeal after court affirms Arizona project ruling

Hudbay Minerals on Tuesday vowed to appeal a court ruling that barred the Canadian miner from building a major copper mine in the United States after losing its bid to have a judge revisit the decision.

US District Judge James Soto late on Monday said there was no basis to reconsider an earlier ruling that overturned approvals for the company’s contentious Rosemont project in southeastern Arizona, delivering a setback for Hudbay as it seeks to revive plans for the stalled $1.9-billion openpit mine.