Delivered a solid operating quarter, which included record mine production at Lalor and record throughput at the Stall concentrator 777 and Lalor ore mined increased by 35% and 21%, respectively, in the second quarter of 2019 compared to the same period in 2018 Second quarter 2019 results are on track to meet all production and cost guidance for 2019 Following the previously announced U.S. court decision suspending [...]
HudBay Minerals Inc. announced that late yesterday the U.S. District Court for the District of Arizona issued a ruling in the lawsuits challenging the U.S. Forest Service’s issuance of the Final Record of Decision for the Rosemont project in Arizona. The Court ruled to vacate and remand the FROD such that Rosemont cannot proceed with construction at this time. Hudbay believes that the Court has misinterpreted [...]
HudBay Minerals Inc. senior management will host a conference call on Friday, August 9, 2019 at 9 a.m. ET to discuss the company’s second quarter 2019 results. Second Quarter 2019 Results Conference Call and Webcast Date: Friday, August 9, 2019 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 second quarter 2019 results on Thursday [...]
HudBay Minerals Inc. today announced that Alan Hair has stepped down as Hudbay's President and Chief Executive Officer and as a director of the company. Mr. Hair spent more than 20 years with Hudbay and was instrumental in the company's growth, serving as Chief Operating Officer from 2012 to 2015 before being appointed President and Chief Executive Officer in 2016. Peter Kukielski has been appointed Interim Chief [...]
HudBay Minerals Inc. today announced that each of the eleven individuals nominated for election as a director of Hudbay at the company’s Annual and Special Meeting of Shareholders held on May 7, 2019 was elected. Shareholders holding an aggregate of 209,195,393 of the company’s common shares, or approximately 80% of the outstanding common shares, were represented in person or by proxy at the meeting. The [...]
Completed the Rosemont permitting process, acquired the minority joint venture interest and initiated an early works program for Rosemont Extended the 777 mine’s reserve life to the second quarter of 2022, and discovered the new zinc-rich 1901 Zone near Lalor Delivered a strong operating quarter, which included record mine production at Lalor, record throughput at the Stall concentrator and record copper recovery in [...]
HudBay Minerals Inc. and Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP, each of which are managed by Waterton Global Resource Management, Inc. , today announced a settlement agreement that will result in the following eleven nominees being elected as Hudbay’s board of directors at Hudbay’s annual and special meeting of shareholders scheduled for May 7, 2019 [...]
Time is short. Shareholders are encouraged to vote their GREEN proxy in support of Hudbay’s ten director nominees Shareholders with questions or requiring assistance voting their GREEN proxy should contact Hudbay’s proxy solicitation agent, Laurel Hill Advisory Group, at 1-877-452-7184 or 1-416-304-0211 or by e-mail at assistance@laurelhill.com HudBay Minerals Inc. today announced that it has mailed a letter [...]
Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP , each of which are managed by Waterton Global Resource Management, Inc. , owning in the aggregate 12.09% of the issued and outstanding common shares of HudBay Minerals Inc. today announced that leading proxy advisory firm Institutional Shareholder Services Inc. has joined Glass, Lewis & Co. in recommending that shareholders [...]
Hudbay had previously planned to increase the size of its board of directors to eleven to accommodate the election of Richard Howes, David Smith and Michael Anglin as new independent directors. Waterton announced today that Mr. Anglin has withdrawn from its slate of director nominees in order to join the board of directors of a different company As a result of Mr. Anglin’s withdrawal, Hudbay intends to set the [...]
Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP , each of which are managed by Waterton Global Resource Management, Inc. ), owning approximately 12.1% of the issued and outstanding shares of HudBay Minerals Inc. , today announced an update to its slate of director candidates nominated to serve on the Board of Directors of Hudbay. Waterton has given permission to A.E [...]
HudBay Minerals Inc. today announced that the company’s largest shareholder, Letko, Brosseau & Associates Inc., an independent investment manager that exercises investment control or direction over approximately 35,112,398 shares or 13.4% of Hudbay’s issued and outstanding shares, has confirmed that it intends to vote FOR Hudbay’s eleven director nominees on the GREEN form of proxy. Dissident shareholder [...]
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