HAIDA GWAII: MISTY SHORES AND DAPPLED LIGHT
9 hours ago
blog of the State Geologist of Arizona
Maeve Boland at the American Geosciences Institute (AGI) passed along this notice that the White House Office of Science & Technology Policy has issued a Request for Information on Critical and
Strategic Materials Supply Chains, with a deadline for submissions of August
31, 2014. [Photo credit, National Mining Association]The U.S. economy's requirements for raw materials have and will change over time, especially with the introduction of new products and processing technologies. Furthermore, as the global economy grows, there are increasing concerns regarding the availability and access to the raw materials that will be necessary to sustain U.S. economic growth and advance other national policies. As the criticality of materials shifts over time, studying the early warning signs and the underlying forces of potential material supply disruption can inform proactive policy development for emerging critical materials. One of the roles of the Critical and Strategic Minerals Supply Chain Subcommittee (CSMSC Subcommittee) of the National Science and Technology Council's Committee on Environment, Natural Resources, and Sustainability is to develop a methodology for identifying critical materials and monitoring changes in criticality on an ongoing basis, providing “early warning” to policymakers and other stakeholders. The views of U.S. industry and other stakeholders are important to inform both an understanding of current conditions and the characterization of anticipated future demand for critical materials.
HudBay Minerals announced today that stockholders tendered 92% of Augusta Resources stock to the company. August is the parent of Rosemont Copper which is permitting a large open pit copper mine in the Santa Rita Mountains in southern Arizona, that could produce 5% of US copper for 40 years. [Right, proposed mine site. Credit, Rosemont Copper]
HudBay Minerals Inc. and Augusta Resource Corporation announced today that Hudbay has taken up 116,233,761 common shares ("Augusta Shares") of Augusta that were validly deposited under Hudbay's offer to acquire all of the outstanding Augusta Shares not already owned by Hudbay or its affiliates for consideration per Augusta Share of 0.315 of a common share of Hudbay and 0.17 of a warrant to acquire a common share of Hudbay (the "Offer"). The Augusta Shares taken up under the Offer, together with those already owned by Hudbay, represent approximately 92% of the issued and outstanding Augusta Shares.
Hudbay has extended the Offer until 5:00 p.m. (Toronto time) on July 29, 2014 (the "Expiry Time") to enable Augusta shareholders who have not yet tendered their Augusta Shares to accept the Offer.
It is anticipated that members of Hudbay's current management team will assume management positions with Augusta and replace Augusta's current senior management team and certain members of the Augusta Board of Directors will be replaced by nominees of Hudbay. In particular, David S. Bryson, Alan T. C. Hair, Patrick Donnelly and Patrick Merrin will be appointed to the Augusta Board of Directors, joining current directors Lenard F. Boggio, Timothy Baker and W. Durand Eppler. Gilmour Clausen, Christopher M. H. Jennings, Robert P. Pirooz, Robert P. Wares and Richard W. Warke will resign from the Augusta Board of Directors.
The Slide Fire ignited on May 20, 2014, 2014 in Oak Creek Canyon between Flagstaff and Sedona, Arizona. Firefighters first raced to keep the fire from destroying over 300 homes and cabins in the canyon, and later prevented the fire from moving into residential areas outside of Flagstaff. While the strategy chosen to manage the Slide Fire using large, low-intensity burnouts on the perimeter of the fire was primarily aimed at increasing firefighter safety and taking advantage of natural terrain features, it had the added benefit of providing benefits for the forest and landscape. The management of this fire reflects the changing nature of wildfire in the western US. This video was narrated by Tim Harrison and written and produced by Josh McDaniel for the Southwest Fire Science Consortium.
You can find out more about wildfire science in the Southwest by visiting swfireconsortium.org.
