Hudbay Minerals Inc. announced today that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and BMO Capital Markets as Joint Bookrunners , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis from the Company, a total of 31,600,000 common shares of Hudbay at a price of US$9.50 [...]
Hudbay Minerals Inc. today released its first quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "We delivered another consecutive quarter of strong operational and financial [...]
Hudbay Minerals Inc. senior management will host a conference call on Tuesday, May 14, 2024 at 11:00 a.m. ET to discuss the company's first quarter 2024 results. First Quarter 2024 Results Conference Call and Webcast Date: Tuesday, May 14, 2024 Time: 11:00 a.m. ET Webcast: www.hudbay.com Dial in: 1-416-764-8650 or 1-888-664-6383 Additional Dial-in [...]
Consolidated copper production is expected to average 153,000i tonnes per year over the next three years, representing a 16% increase from 2023 and demonstrating Hudbay's strong and stable operating portfolio with three long-life operations in tier-one mining jurisdictions in the Americas. Strong complementary gold exposure with consolidated gold [...]
Hudbay Minerals Inc. is pleased to announce the signing of an option agreement with Marubeni Corporation , pursuant to which Hudbay has granted Marubeni's wholly-owned Canadian subsidiary an option to acquire a 20% interest in three projects located within trucking distance of Hudbay's processing facilities in Flin Flon, Manitoba, as shown in [...]
Hudbay Minerals Inc. today released its fourth quarter and full year 2023 financial results, and announced 2024 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. Delivering [...]
Hudbay Minerals Inc. senior management will host a conference call on Friday, February 23, 2024 at 11:00 a.m. ET to discuss the company's fourth quarter 2023 results. Fourth Quarter 2023 Results Conference Call and Webcast Date: Friday, February 23, 2024 Time: 11:00 a.m. ET Webcast: www.hudbay.com Dial in: 1-416-764-8650 or 1-888-664-6383 [...]
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 [...]
