Hudbay Minerals Inc. is pleased to announce the completion of the previously announced acquisition of Mitsubishi Materials Corporation's 25% interest in Copper Mountain Mine Ltd. . As a result of the Transaction, Hudbay now owns 100% of the Copper Mountain mine. Hudbay has made the initial US$4.5 million cash payment to MMC with the remaining deferred and contingent cash payments to be made in accordance with the terms of [...]
Hudbay Minerals Inc. today announced the signing of an agreement with the Mosakahiken Cree Nation on exploration activities in their traditional and ancestral territory, including at Hudbay's Talbot deposit south of Snow Lake, Manitoba. "The signing of the Exploration Agreement with MCN marks a significant step towards economic reconciliation and a future built on respect and collaboration. I am very proud of the way in [...]
Hudbay Minerals Inc. is pleased to announce that Eugene Lei, Chief Financial Officer at Hudbay, has been recognized as a winner of the Globe and Mail's Report on Business 2025 Best Executives Award. This award recognizes non-CEO leaders who demonstrate exceptional leadership and continue to drive impact for their organizations. "We are very proud that Eugene's strategic vision and unwavering commitment to financial [...]
Hudbay Minerals Inc. senior management will host a conference call on Monday, May 12, 2025 at 11:00 a.m. ET to discuss the company's first quarter 2025 results. First Quarter 2025 Results Conference Call and Webcast Date: Monday, May 12, 2025 Time: 11:00 a.m. ET Webcast: www.hudbay.com Dial in: 1-833-752-3516 or 647-846-8185 Hudbay plans to issue a news release containing the first quarter of 2025 results before the [...]
Copper World, Inc., a wholly-owned subsidiary of Hudbay Minerals Inc. , and a coalition of union building trades today jointly announced the acceptance of a letter of commitment concerning the construction of Hudbay's Copper World project in Pima County, Arizona. This letter outlines Hudbay's commitment to providing union contractors a significant opportunity in the construction of the Copper World mine - one of the [...]
Hudbay Minerals Inc. today announced that the Company has sold 1,000,000 common shares of American Copper Development Corp. at a price of C$0.1607 per Common Share for aggregate consideration of C$160,710 and has filed an early warning report in respect of the Transaction. Immediately prior to the Transaction, Hudbay held 1,979,319 Common Shares of American Copper, which represented approximately 10.7% of American [...]
Increases Hudbay's exposure to a long-life, high-quality copper asset in Canada, a tier-1 mining jurisdiction Low upfront and deferred cash consideration in a transaction which is accretive to Hudbay's net asset value per share Copper Mountain is expected to produce 60,000 tonnesi of copper by 2027, a greater than 125% increase over 2024 and a 200% increase from 2024 production levels attributable to Hudbay Increases [...]
Hudbay Minerals Inc. today released its annual mineral reserve and resource update and issued new three-year production guidance. All amounts are in U.S. dollars, unless otherwise noted. Affirmed 2025 production guidance and issued new 2026 and 2027 production guidance, demonstrating strong copper and gold production from Hudbay's stable operating platform with three long-life operations in tier-one mining jurisdictions [...]
Hudbay Minerals Inc. today released its fourth quarter and full year 2024 financial results, and announced 2025 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Hudbay delivered record financial performance and a transformed balance sheet in 2024 [...]
Hudbay Minerals Inc. senior management will host a conference call on Wednesday, February 19, 2025 at 11:00 a.m. ET to discuss the company's fourth quarter and full year 2024 results, as well as full year 2025 production and cost guidance. Fourth Quarter and Full Year 2024 Results Conference Call and Webcast Date: Wednesday, February 19, 2025 Time: 11:00 a.m. ET Webcast: www.hudbay.com Dial in: 1-844-763-8274 or [...]
Hudbay Minerals Inc. is pleased to announce that it has surpassed a total of one million ounces of gold produced at its Lalor Mine in Snow Lake, Manitoba. This milestone reinforces the significant value Hudbay has unlocked by combining its exploration expertise, processing infrastructure and operating efficiency to maximize gold production at its Snow Lake operations. "We are so pleased with the dedication and hard work [...]
Hudbay Minerals Inc. is pleased to announce that it has received an Air Quality Permit for the Copper World project from the Arizona Department of Environmental Quality . The issuance of this permit is a significant milestone in the advancement of the project as it is the final major permit required for the development and operation of Copper World. Copper World is expected to produce 85,000 tonnes of copper per year over [...]