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 [...]
HudBay Minerals Inc. today announced that the company has entered into a gold forward sale and prepay arrangement with a syndicate of its existing lenders whereby the company will receive an upfront payment of US$115 million in exchange for delivering a total of 79,954 gold ounces in 2022 and 2023 based on gold forward curve prices averaging approximately US$1,682 per ounce. The upfront payment is not subject to any [...]
HudBay Minerals Inc. senior management will host a conference call on Friday, May 15, 2020 at 9 a.m. ET to discuss the company’s first quarter 2020 results. First Quarter 2020 Results Conference Call and Webcast Date: Friday, May 15, 2020 Time: 9 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 first quarter 2020 results on Thursday, May 14, 2020 [...]
41%i increase in Lalor’s life-of-mine gold production from the previous mine plan, including an increase in average annual gold production to over 150,000 ounces during the first eight years of New Britannia production at the lowest quartile all-in sustaining cost globallyii 35% increase in total Snow Lake gold reserves to 2.2 million ounces, supporting an 18-year mine life for the Snow Lake operations Successful [...]
HudBay Minerals Inc. today provided an update on the status of its operations and business preparedness plans in light of the COVID-19 coronavirus pandemic. The company has been closely monitoring the status of the virus outbreak and the rapidly changing environment at all of its operations. Company-wide business preparedness plans were activated earlier this month as part of the company’s crisis management [...]
HudBay Minerals Inc. and Waterton Global Resource Management, Inc. , today announced they have agreed to amend certain of the standstill provisions of the settlement agreement dated May 3, 2019 that resulted in the nomination of new directors independent of Waterton and, at the time, the Company. The parties have agreed to increase the number of Company shares that may be acquired by Waterton from 15.0% to up to 19.99 [...]
Achieved 2019 production and unit cost guidance in Peru and Manitoba; strong performance at the Lalor and 777 mines resulted in zinc production exceeding the top end of the guidance range Constancia achieved record mill throughput and copper recoveries in 2019 Lalor and 777 increased mine output by 22% and 15%, respectively, year-over-year Cash generated from operating activities was $98.7 million in the fourth quarter of [...]
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