HudBay Minerals Inc. today provides an update on the inspection completed to date at its 777 Mine in Flin Flon, Manitoba, following the skip hoist incident announced on October 11th. A preliminary video inspection of the mine shaft indicates that damage is limited to the headframe and the bottom of the shaft in the skip compartment. It does not appear that the cage compartments or the ore loading area were damaged, and [...]
HudBay Minerals Inc. senior management will host a conference call on Wednesday, November 4, 2020 at 8:30 a.m. ET to discuss the company’s third quarter 2020 results. Third Quarter 2020 Results Conference Call and Webcast Date: Wednesday, November 4, 2020 Time: 8:30 a.m. ET Webcast: www.hudbay.com Dial in: 1-416-915-3239 or 1-800-319-4610 Hudbay plans to issue a news release containing the third quarter 2020 results on [...]
HudBay Minerals Inc. today reports that production at its 777 Mine in Flin Flon, Manitoba, has been temporarily suspended due to an incident that occurred on October 9th during routine maintenance of the hoist rope and skip, which is the bucket used to hoist ore from underground. The hoist rope detached from the skip, causing the skip to fall to the bottom of the shaft. There were no injuries and all underground personnel [...]
HudBay Minerals Inc. today announced that it has completed its previously announced offering of US$600 million aggregate principal amount of 6.125% senior notes due 2029 . The New Notes will be governed by an indenture, dated as of September 23, 2020, among the company, the subsidiaries of the company party thereto as guarantors and U.S. Bank National Association, as trustee. Hudbay plans to use the net proceeds from the [...]
HudBay Minerals Inc. today announced that it has priced an upsized offering of US$600 million aggregate principal amount of 6.125% senior notes due 2029 . The size of the offering was increased from the previously announced US$500 million aggregate principal amount. The New Notes will be issued at 100% of their principal amount, providing the company with gross proceeds of US$600 million. The New Notes offering is [...]
HudBay Minerals Inc. today announced that it is offering US$500 million aggregate principal amount of senior notes . The interest rate and other terms of the New Notes will be determined at pricing and are dependent upon market conditions and other factors. Hudbay plans to use the net proceeds from the offering of the New Notes to refinance all of its outstanding US$400 million aggregate principal amount of 7.250% senior [...]
HudBay Minerals Inc. today released its second quarter 2020 financial results. All amounts are in U.S. dollars, unless otherwise noted. Second Quarter Results Boosted by Strong Manitoba Operations Strong production and cost performance from the Manitoba operations during the quarter; an increase in production of all metals over the first quarter and record gold production driven by increasing Lalor gold grades and record [...]
HudBay Minerals Inc. senior management will host a conference call on Wednesday, August 12, 2020 at 8:30 a.m. ET to discuss the company’s second quarter 2020 results. Second Quarter 2020 Results Conference Call and Webcast Date: Wednesday, August 12, 2020 Time: 8:30 a.m. ET Webcast: www.hudbay.com Dial in: 1-416-915-3239 or 1-800-319-4610 Hudbay plans to issue a news release containing the second quarter 2020 results on [...]
HudBay Minerals Inc. today announced the filing of the company’s initial brief with the U.S. Court of Appeals for the Ninth Circuit in relation to the U.S. District Court for the District of Arizona’s decision in July 2019, which revoked the U.S. Forest Service’s issuance of the Final Record of Decision for the Rosemont project in Arizona. The FROD was issued in June 2017 after a thorough process involving 17 co-operating [...]
HudBay Minerals Inc. today announced the appointment of Steve Douglas as the company’s Senior Vice President and Chief Financial Officer, effective June 30, 2020. Mr. Douglas has over 25 years of resource industry and finance leadership experience. From 2014 to 2017, he was Senior Vice President and Chief Financial Officer at Agrium Inc., a C$18 billion global fertilizer company, prior to its merger with Potash [...]
HudBay Minerals Inc. announced that each of the ten individuals nominated for election as a director of Hudbay at the company’s Annual and Special Meeting of Shareholders held on May 21, 2020 was elected. The election of directors was voted upon by ballot and the detailed voting results are set out below: Director Number of Votes FOR Number of Votes Withheld Percentage of Votes Cast FOR Matter Carol T. Banducci [...]
HudBay Minerals Inc. today released its first quarter 2020 financial results. All amounts are in U.S. dollars, unless otherwise noted. First Quarter Operating and Financial Results Delivered a solid operating quarter in Manitoba, which included record mine production at Lalor and record throughput at the Stall concentrator. Lalor ore mined and Stall concentrator throughput increased by 8% and 19%, respectively, in the [...]
