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 [...]
HudBay Minerals Inc. senior management will host a conference call on Wednesday, February 20, 2019 at 10 a.m. ET to discuss the company’s fourth quarter 2018 results and production and cost guidance for 2019. Fourth Quarter 2018 Results Conference Call and Webcast Date: Wednesday, February 20, 2019 Time: 10 a.m. ET Webcast: www.hudbay.com Dial in: 647-794-1827 or 1-800-347-6311 Hudbay plans to issue a news release [...]
HudBay Minerals Inc. highlights its proven track record, successful execution and strong corporate governance following Waterton Global Resource Management’s news release naming its nominees for election to the company’s Board of Directors at its next annual shareholders’ meeting. Table 1: Constancia is the lowest cost open pit copper mine in South America 1 Proven Growth Strategy and World-Class Asset [...]
Mason Resources and HudBay Minerals announce the completion of the previously announced plan of arrangement under Part 9, Division 5 of the Business Corporations Act whereby Hudbay has acquired all of the issued and outstanding common shares of Mason it did not already own for C$0.40 per Common Share. "We are pleased to complete the acquisition of Mason and add the Ann Mason project to our pipeline," said Alan Hair [...]
HudBay Minerals Inc. today announced that Waterton Global Resource Management, Inc., on behalf of certain funds managed by it has withdrawn its special meeting requisition for the purpose of considering an advisory resolution. Accordingly, the company will cancel the shareholder meeting it had previously set for February 28, 2019. As the company noted in its November 13, 2018 press release, the Board welcomes constructive [...]
HudBay Minerals Inc. today announced that it has set February 28, 2019 for a Special Meeting of the company’s shareholders for the purpose of considering an advisory resolution with respect to certain potential transactions. The vote on the advisory resolution was requisitioned by Waterton Global Resource Management, Inc., on behalf of certain funds managed by it. Shareholders will receive information about the [...]
HudBay Minerals Inc. today released its third quarter 2018 financial results. All amounts are in U.S. dollars, unless otherwise noted. Summary: Earnings per share of $0.09 and cash from operating activities of $113.8 million in the third quarter of 2018. Achieved record mill throughput and copper recoveries at Constancia. Trade-off studies have been completed and Hudbay believes the refurbishment of the New Britannia mill [...]
Mason Resources Corp. and HudBay Minerals Inc. are pleased to announce that they have entered into an arrangement agreement pursuant to which Hudbay will acquire the remaining 86% of the issued and outstanding common shares of Mason that it does not already own. All currency is stated in Canadian dollars, unless otherwise indicated. Under the Arrangement, Mason shareholders will receive $0.40 in cash for each Mason common [...]