Hudbay Minerals Inc.

HudBay Minerals Inc. announced today that it is hosting a site visit by analysts and investors to its Lalor mine in Manitoba on April 15-16, 2019. A copy of the site visit presentation, which contains operational, exploration and other updates, is available on Hudbay’s website at www.hudbay.com. Hudbay also today released its first quarter 2019 Manitoba production results and provided an update on exploration [...]

Hudbay’s Board and management team are executing on the company’s strategic plan and have delivered one-, three- and five-year total shareholder returns that significantly outperform Hudbay’s peer group, with over 80% of the analysts who cover Hudbay raising their price targets since January 1, 2019 Despite this positive momentum, Waterton is seeking to replace 80% of Hudbay’s Board, including the [...]

HudBay Minerals Inc. today announced that its Board of Directors has approved an early works program at its Rosemont project, and provided its annual mineral reserve and resource update. All dollar amounts are in US dollars, unless otherwise noted. Summary Announced $122 million Rosemont early works program; this amount is included in the $1,921 million capital cost estimate for Rosemont. Rosemont minority joint venture [...]

HudBay Minerals Inc. announced today that it has received the approved Mine Plan of Operations for the Rosemont project from the U.S. Forest Service. The issuance of the MPO is the final administrative step in the permitting process. “Receiving the MPO is an important milestone that completes the permitting process at Rosemont,” said Alan Hair, Hudbay’s president and chief executive officer. “With [...]

HudBay Minerals Inc. announced today that it has reached an agreement with United Copper & Moly LLC to purchase UCM’s 7.95% interest in the Rosemont project, and to terminate all of UCM’s remaining earn-in and off-take rights, for upfront cash consideration of US$45 million, plus three annual installments of US$10 million per year, commencing July 1, 2022. In connection with the transaction, Hudbay has agreed [...]

HudBay Minerals Inc. announced today that it will hold its annual and special meeting of shareholders on May 7, 2019. The record date for determining the holders of the company’s common shares entitled to receive notice of and vote at the Meeting is March 29, 2019. Shareholder Rights Plan The company also announced that its board of directors has approved the adoption of a shareholder rights plan pursuant to a [...]

HudBay Minerals Inc. announced today that the U.S. Army Corps of Engineers has issued a Section 404 Water Permit for Hudbay’s Rosemont Project. Rosemont has already received the Final Record of Decision from the U.S. Forest Service , a process that involved 17 co-operating agencies at various levels of government, 16 hearings, over 1,000 studies, and 245 days of public comment resulting in more than 43,000 comments [...]

- Hudbay intersects 35.6 metres of 5.21% Zn, 0.33% Cu, 1.37g/t Au and 15.7g/t Ag, including 4.6 metres of 20.76% Zn and 6.2 metres of 6.34g/t Au Location map of drill holes Simplified geological cross-section looking northwest from recent drill hole intersections Closer view of the cross section showing the mineralization - Hudbay to showcase core samples of the high-grade zinc at the Core Shack event at BMO 28th Global [...]

HudBay Minerals Inc. today released its fourth quarter and full year 2018 financial results and production and cost guidance for 2019. All amounts are in U.S. dollars, unless otherwise noted. Summary On a consolidated basis, copper production exceeded the mid-point of 2018 guidance by 14% and production of zinc and precious metals were within 2018 guidance ranges; copper production at Constancia exceeded the top end of [...]

HudBay Minerals Inc. is pleased to announce increased mineral reserves and resources for its Lalor mine and nearby satellite deposits, and a new mine plan that includes the processing of gold and copper-gold ore at the company’s New Britannia mill. An updated National Instrument 43-101 Technical Report for Lalor will be filed on SEDAR by the end of the first quarter of 2019. All amounts are in U.S. dollars, unless [...]