(Reprinted with permission from Rosemontminetruth.com)
Richard Warke, the former top executive of Augusta Resource Corp. which sold the proposed Rosemont copper project to Hudbay Minerals in 2014, stands to gross US$409 million in connection with the sale of another company with a proposed mining project in southeastern Arizona.
Australia-based South32 has offered US$1.3 billion cash to purchase Arizona Mining Inc.’s Hermosa mine project six miles south of Patagonia. The Hermosa Project comprises the zinc-lead-silver Taylor deposit and the zinc-manganese-silver Central deposit.
South32 is Australia’s third largest mining company and already held a 17 percent share in Arizona Mining prior to making the June 15 offer. Arizona Mining’s board of directors unanimously recommended shareholders approve the sale. Warke is Arizona Mining’s executive chairman.
South32’s offer of C$6.20 a share was about 50 percent higher than Arizona Mining’s June 15 closing price on the Toronto Stock Exchange. South32’s shareholders’ approval is not required and the deal is expected to close in September, according at a joint press release issued by the two companies.
Warke controls 88 million shares of Arizona Mining according to the company’s most recent Management Information Circular filed with Canadian securities regulators. The huge windfall comes 20 years after Warke filed for personal bankruptcy in Vancouver, British Colombia during a period in which he was engulfed in financial problems including a corporate bankruptcy and several cease trade orders issued by Canadian regulators.
Warke failed to disclose the personal and corporate bankruptcies and cease trade orders in subsequent regulatory filings spanning nearly a decade, according to a complaint filed by Save the Scenic Santa Ritas, a Tucson-based conservation group, with the British Columbia Securities Commission (BCSC) and the U.S. Securities and Exchange Commission .
Warke’s personal bankruptcy filing came 9 years after he signed a settlement agreement with the BCSC on an insider trading violation. As a result of the settlement agreement, Warke remains on the BCSC website under the warning “Disciplined Persons and Investment Caution.” [Read more…]
John E. Dougherty III
Jan. 2017-April 18, 2018
My stories include a four-part series on Hilcorp Energy Company and investigative features on Bears Ears National Monument, Cliven Bundy, Trump’s proposed offshore oil and gas plan, delisting of Yellowstone Grizzly Bears a three-part series on collapsing wastewater infrastructure on the U.S.-Mexico border, and a story about Interior Secretary Zinke’s top aides.
Editor and Owner
September 2006 to Present
The New York Times, WashingtonIndependent.com, CBS News,
The Arizona Republic, High Country News, Phoenix New Times
and select private clients.
For several years, I served as the primary Arizona freelancer for The New York Times and covered high profile events including the trial of polygamist cult leader Warren Jeffs.
I also produced two documentary films for a private client that is opposed to construction of the Rosemont Copper Mine in southeast Arizona. I have extensive experience in reporting on mining in the United States, Canada, Guatemala and Peru. In April, 2017 I was detained by immigration police and Peruvian National Police for screening my film Flin Flon Flim Flam to local communities. I was subsequently banned from re-entering the country. My case is on appeal.
I was named first runner-up for Arizona Journalist of the Year in 2014 for my reporting on the Yarnell Hill Fire that killed 19 members of the Granite Mountain Hotshots. The stories appeared on my www.investigativemedia.com website and several were published in Phoenix New Times. I contributed on Yarnell Hill Fire stories for the New York Times.
Phoenix New Times
Staff writer 1993-2004
Staff columnist 2004 – 2006
March 1, 1993 – September 1, 2006
During the first 11 years as a feature writer I produced one major story a month ranging between 4,000 and 8,000 words plus one news short up to 1,500 words. My stories covered a wide range of topics including business, environmental, politics, government corruption, financial scandals, personality profiles, economic trends and land development.
Major investigations included the financial background of former Arizona Governor J. Fife Symington that uncovered widespread financial irregularities in his real estate business and unusual connections with a Mexican farmer who’s US visa had been suspended after cash was found in his jet. Symington was indicted and convicted on federal charges and resigned from office in Sept. 1997. He was later pardoned by President Clinton.
My investigation into fundamentalist Mormon polygamist Warren Jeffs exposed the widespread abuses in Colorado City, Arizona years before Jeffs was indicted on federal charges. The multi-part investigation exposed financial fraud through the government operations in Colorado City, including the public-school district. My probe also uncovered a genetic defect called fumarase deficiency spread by inbreeding that inflicted horrific birth defects.
During this period, I was named Virg Hill Arizona Journalist of the Year twice and runner up twice.
In the early 2004, I started writing a news column and frequently reported on financial issues related to former Maricopa County Sheriff Joe Arpaio. My reporting on Arpaio’s extensive land holdings that were hidden from the county’s Recorder’s records led to the sheriff and former Maricopa County Attorney Andy Thomas to launch a grand jury investigation into my reporting.
I won first place for column writing from the Arizona Press Club in 2006 and second place in the “Best of The West” contest. I resigned from New Times in September 2006.
The Southwest Sage
Founder, Owner, Editor and Publisher of a free weekly newspaper distributed in Northern Arizona
August 1, 1992 – February 28, 1993
I handled all aspects of producing the paper including editing, reporting, writing, photography, layout, designing and building ads, distribution and business operations. The Sage was named Arizona’s best weekly paper by the Arizona Press Club and my cartoonist won first place in editorial cartooning competing against all newspapers in Arizona.
East Valley Tribune
General assignment and political reporter
August 1, 1991 –July 31, 1992
I focused on the scandal erupting around Arizona Governor J. Fife Symington and his real estate business. I wrote a series of stories that foreshadowed the financial and political problems that would engulf Symington later in his tenure as governor. I was named Virg Hill Arizona Journalist of the Year for my Symington coverage.
Half Moon Bay Review
Half Moon Bay, CA
Managing Editor and staff writer
August 1, 1990 — July 31, 1991
I edited all news copy, assigned art, wrote headlines, designed pages, reported and wrote stories, wrote editorials and conducted several major investigations of the city’s relationship with a non-profit farmer’s organization that held a multi-million-dollar arts festival each year. During my tenure, The Review was named California’s second best weekly newspaper.
Dayton Daily News
Business reporter/Environmental reporter
January 15, 1989 – August 1990
I covered banking and the automobile industry. I wrote a front page, Sunday story that was later credited during Senate Ethics Committee hearings for triggering the Keating Five investigation. I was an environmental reporter during the latter part of my tenure and completed a major computer-assisted project on toxic releases from Ohio industries that focused on the role of coal- fired power plants contributing to acid rain.
East Valley Tribune
April 1, 1988 –January 15, 1989
I wrote a wide range of stories about the collapse of the commercial real estate market and the Arizona thrift industry, including stories documenting major federal law suits filed against thrift executives.
The Phoenix Gazette
June 1984 -April 1988
I primarily covered agriculture and water issues in Arizona. I focused on the widespread abuse of federal subsidy payments to corporate farmers, the degradation of millions of acres of grazing land by livestock interests and the complexities of Arizona’s water delivery system that is heavily subsidized by federal projects including the Central Arizona Project and hydroelectric power plants on the Colorado River. I also reported on the state’s high-tech industry and military bases.
The Washington Post
September 1978 – March 1984.
Sports desk: I worked nights and weekends on the sports desk as a copy aide. I also
covered high school, college and amateur sports.
Financial Desk: I was a regular contributor to Washington Monday, the Post’s business news tabloid where I wrote on a range of topics from United Nuclear Corporations nuclear accident in New Mexico to the business interests of members of the 1972 Washington Redskins Super Bowl Championship team.
The State Press
Arizona State University
August 1977-December 1977
January 1977-May 1977
B.S. Journalism, Arizona State University, Tempe, AZ, 1978
B.S. Economics, Arizona State University, Tempe, AZ, 1981
Inducted into The Walter Cronkite School of Journalism Hall of Fame, Arizona State University
The New York Times
Phoenix New Times
Former Business Editor
Dayton Daily News, Charlotte Observer, Denver Post
Financial columnist Seattle Times
Chapter I, Chapter II, Chapter II supplement, Chapter III, Chapter IV, Chapter V, Chapter VI, Chapter VII, Chapter VIII , Chapter IX, Chapter X, Chapter XI, Chapter XII , Chapter XIII, Chapter XIV, Chapter XV, Chapter XVI, Chapter XVII, Chapter XVIII, Chapter XIX, Chapter XX, Chapter XXI, Chapter XXII, Chapter XXIII, Chapter XXIV and Chapter XXV.
John Dowd, President Trump’s former lead lawyer on the Mueller investigation who is reported to have discussed presidential pardons with attorneys for Paul Manafort and Michael Flynn, has direct experience in successfully obtaining presidential pardons for embattled political figures.
In the waning weeks of the Clinton Administration, Dowd moved quickly to prepare a petition for a presidential pardon for former Arizona Governor J. Fife Symington III.
In late 2000, Symington was facing a federal retrial on bank and wire fraud charges related to his work as a commercial real estate developer prior to being elected Arizona governor in 1992. Federal prosecutors offered Symington a choice of either pleading guilty to one felony account with no prison time and paying a $60,000 fine, or stand trial on 17 charges.
Dowd had represented Symington during the initial criminal trial in 1997. The jury returned six guilty verdicts and Symington resigned as governor. He was sentenced to 30 months in prison but never spent a day behind bars. The judge allowed Symington to remain free pending an appeal.
The Ninth Circuit Court of Appeals over turned the verdicts in 1999 ruling that the trial judge improperly removed a juror that had refused to participate in deliberations while insisting that Symington was innocent of all charges.
“Throughout this investigative and prosecutive nightmare, Fife Symington has been open, candid and forthright in dealing with the allegations against him,” Dowd wrote in an affidavit attached to the pardon petition. “He conducted himself with great courage, dignity and grace in the face of public ridicule and humiliation.”
Dowd claimed that Symington “demonstrated every day his respect and support for our system of laws, notwithstanding the terrible injustice visited upon his and his family for 10 years.”
“He put the people of Arizona first by resigning his office in the face of unjust jury verdict,” Dowd wrote.