Hudbay Minerals Inc. is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. . Hudbay acquired all of the issued and outstanding common shares of Rockcliff that it did not already own pursuant to a court-approved plan of arrangement, effective as of today's date . As a result of closing the Transaction, Rockcliff is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of [...]
Phase I, which is a standalone operation requiring only state and local permits for an extended 20-year mine life, has an after-tax net present value of $1.1 billion and generates a 19% internal rate of return at a copper price of $3.75 per pound. Average annual copper production over the first ten years of approximately 92,000 tonnes at cash costs and sustaining cash costs of $1.53 and $1.95 per pound of copperi [...]
Hudbay Minerals Inc. today released its second quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Positioned for Strong Production Growth and Free Cash Flow Generation in the Second Half of 2023 Reaffirmed full year 2023 consolidated production, cash cost and sustaining cash cost guidance for Hudbay's Peru and Manitoba operations. On June 20, 2023, Hudbay completed the acquisition of [...]
Hudbay Minerals Inc. releases positive results from the company's 2023 winter drill program near its Lalor mine in Snow Lake, Manitoba, and announces the significant consolidation of land in the Snow Lake region through several strategic transactions. The agreements with multiple land holders will increase Hudbay's holdings in the Snow Lake region by more than 250% to a total of 2,690 square-kilometres. The drilling [...]
Hudbay Minerals Inc. senior management will host a conference call on Wednesday, August 9, 2023 at 8:30 a.m. ET to discuss the company's second quarter 2023 results. Second Quarter 2023 Results Conference Call and Webcast Date: Wednesday, August 9, 2023 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 2023 results on [...]
Hudbay Minerals Inc. announces the signing of a memorandum of understanding with Marubeni Corporation that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay's existing processing facilities in Flin Flon, Manitoba. "Signing this MOU is the beginning of what we hope will be a long-term relationship between Hudbay and Marubeni to [...]
Cobalt Blue Holdings Ltd. is pleased to announce that it has entered into a testwork co-operation agreement with Hudbay Minerals Inc. with respect to Hudbay's wholly-owned Flin Flon tailings storage facility located in the Province of Manitoba, Canada . COB has agreed to utilise its proprietary minerals processing technology to assess the ability to recover gold, silver, copper, zinc, cobalt and sulphur from a [...]
Hudbay Minerals Inc. is pleased to announce that it has closed its previously announced court-approved plan of arrangement with Copper Mountain Mining Corp. , pursuant to which Hudbay has acquired all of the issued and outstanding common shares of Copper Mountain effective as of today's date . Copper Mountain is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Copper [...]
Hudbay Minerals Inc. and Copper Mountain Mining Corp. are pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act pursuant to which Hudbay will acquire all of the issued and outstanding common shares of Copper Mountain. The Transaction remains subject to the satisfaction of certain other customary [...]
Hudbay Minerals Inc. today announced the release of its Annual Sustainability Report which provides transparency and progress on key accomplishments and initiatives in 2022 along with goals for the upcoming year and longer term. Along with this release, Hudbay has launched its purpose statement describing the value the company creates and the impact it has while contributing to a low-carbon future: We care about our [...]
The transaction makes "strategic sense" as it increases scale, diversification and could result in a valuation re-rating Have questions or need help voting? Contact Kingsdale Advisors: Hudbay Shareholders at 1-855-682-2031 Copper Mountain Shareholders / CDI holders at 1-855-682-2031 or email contactus@kingsdaleadvisors.com Visit www.HudbayPOA.com or www.CopperMountainPOA.com for more details TORONTO, June 02, 2023 [...]
Hudbay Minerals Inc. today 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 10, 2023 was elected. The detailed voting results are set out below: Director Number of Votes FOR Number of Votes AGAINST Percentage of Votes FOR Carol T. Banducci 178,525,903 978,744 99.46 % Igor A. Gonzales 176,437,305 3,067,340 98.29 [...]