Hudbay Minerals Inc. today announced that its wholly owned subsidiary, Copper Mountain Mining ULC , has exercised the redemption option on its senior secured 8% notes . Copper Mountain will redeem the remaining $54.7 million principal amount outstanding of Copper Mountain Bonds on or about November 30, 2023 at a call price equal to 104% of the [...]
Hudbay Minerals Inc. today released its third quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Delivering Record Third Quarter Operating and Financial Results Achieved record quarterly revenue of $480.5 million with strong consolidated copper production of 41,964 tonnes and record quarterly consolidated gold [...]
Hudbay Minerals Inc. senior management will host a conference call on Thursday, November 9, 2023 at 9:00 a.m. ET to discuss the company's third quarter 2023 results. Third Quarter 2023 Results Conference Call and Webcast Date: Thursday, November 9, 2023 Time: 9:00 a.m. ET Webcast: www.hudbay.com Dial in: 1-646-307-1591 or 1-800-599-5188 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]