Annual copper production from Constancia is expected to average 110,000i tonnes over the next three years, a 23% increase from 2022 levels. Annual gold production from Snow Lake is expected to average more than 190,000i ounces over the next three years, a 30% increase from 2022 levels. Peru concentrate inventory levels at site have reached normal levels ahead of schedule after full resumption of transportation activities [...]
Hudbay Minerals Inc. today released its fourth quarter and full year 2022 financial results and annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. Fourth Quarter and Full Year Operating and Financial Results Achieved 2022 consolidated production guidance for all metals and consolidated cash cost and sustaining cash cost guidance. Full year consolidated copper production of [...]
Hudbay Minerals Inc. senior management will host a conference call on Friday, February 24, 2023 at 8:30 a.m. ET to discuss the company's fourth quarter 2022 results and production and cost guidance for 2023. Fourth Quarter 2022 Results Conference Call and Webcast Date: Friday, February 24, 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 [...]
Hudbay Minerals Inc. is pleased to announce its commitment to achieve net zero greenhouse gas emissions by 2050 and the adoption of interim 2030 GHG reduction targets to support this commitment. In 2021, Hudbay initiated a roadmap to further identify and manage risks associated with climate change, and opportunities to reduce GHG emissions in alignment with global decarbonization goals. While Hudbay's operations are [...]
- Initial Llaguen mineral resource estimate includes 271 million tonnes of indicated resources at 0.42% copper-equivalenti and 83 million tonnes of inferred resources at 0.30% copper-equivalenti - High-grade core within the Llaguen mineral resource includes 113 million tonnes of indicated resources at 0.60% copper-equivalenti and 16 million tonnes of inferred resources at 0.52% copper equivalenti - Llaguen is a [...]
Hudbay Minerals Inc. today released its third quarter 2022 financial results. All amounts are in U.S. dollars, unless otherwise noted. Third Quarter Operating and Financial Results; Production Guidance Reaffirmed Full year 2022 consolidated production, cash cost and sustaining cash cost guidance is reaffirmed. Third quarter net loss and loss per share were $8.1 million and $0.03, respectively. After adjusting for a [...]
Hudbay Minerals Inc. is pleased to announce senior management team appointments. Eugene Lei has been appointed as Senior Vice President and Chief Financial Officer, transitioning from Steve Douglas, who is departing the company. In addition, Mark Gupta has been promoted to Vice President, Corporate Development. "I would like to congratulate Eugene and Mark on their appointments," said Peter Kukielski, Hudbay's President [...]
Hudbay Minerals Inc. senior management will host a conference call on Thursday, November 3, 2022 at 8:30 a.m. ET to discuss the company's third quarter 2022 results. Third Quarter 2022 Results Conference Call and Webcast Date: Thursday, November 3, 2022 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 third quarter 2022 results on [...]
Hudbay Minerals Inc. today announced the Uchucarcco community has formally approved an exploration agreement with Hudbay granting surface rights to the Maria Reyna and Caballito satellite properties located near Hudbay's Constancia mine in Peru, as shown in Figure 1. These satellite properties consist of a large, contiguous block of mineral rights held by Hudbay and have the potential to host mineral deposits within [...]
Hudbay Minerals announced that, pursuant to the terms of an asset purchase agreement dated May 18, 2022 between, among others, American Copper Development Corp and Hudbay’s wholly owned subsidiary, Mason Resources, American Copper issued 9,896,591 common shares to Mason as partial consideration for the acquisition of a 100% interest in Mason’s Lordsburg property. The Consideration Shares represent approximately 12.0% of [...]
Hudbay Minerals released its second quarter 2022 financial results. All amounts are in U.S. dollars, unless otherwise noted. Full year 2022 production and operating cost guidance is reaffirmed as second quarter production was in line with expectations and Hudbay achieved strong unit operating cost performance despite inflationary pressures from higher input prices for many services and consumables.
Hudbay Minerals announced that it has filed a National Instrument 43-101 technical report containing the results of the preliminary economic assessment of its 100%-owned Copper World Complex in Arizona, which includes the recently discovered Copper World deposits along with the Rosemont deposit. The results were previously released in Hudbay’s news release dated June 8, 2022 and are highlighted below. All dollar amounts [...]
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