TORONTO, ONTARIO -- (Marketwire) -- 05/14/12 -- HudBay Minerals Inc. ("Hudbay") (TSX: HBM)(NYSE: HBM) today announced that it is offering US$400 million aggregate principal amount of senior unsecured notes due 2020 (the "Notes"). Hudbay plans to use the net proceeds from the offering for general corporate purposes, development projects in [...]
HudBay today released its first quarter 2012 financial results. The company reported a profit of $8.0 million, or $0.05 per share, in the first quarter of 2012, compared to a profit of $15.1 million, or $0.11 per share in the first quarter of 2011. Operating cash flow before change in non-cash working capital was $42.2 million, or $0.25 per [...]
TORONTO, ONTARIO -- (Marketwire) -- 04/17/12 -- HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM)(NYSE: HBM) senior management will host a conference call on Thursday, May 10, 2012 at 10 a.m. ET to discuss the company's first quarter 2012 results and provide an update on development activities.
-- Increases in Hudbay's copper equivalent proven and probable reserves, measured and indicated resources and inferred resources over the past year, of 5%, 31% and 9%, respectively
-- Initial mineral resource estimate at Pampacancha [...]
HudBay Minerals today announced that it has acquired 3,900,000 units (“Units“) of Panoro Minerals Ltd. at a purchase price of C$0.60 per Unit for total consideration of C$2,340,000. Each Unit consists of one common share of Panoro (a “Common Share“) and one-half of one Common Share purchase warrant (a “Warrant“). Each whole Warrant will entitle [...]
2011 production and operating cost targets achieved with strong fourth quarter operating results. Fourth quarter operating cash flow before changes in non-cash working capital(i) increased 42% to $52.2 million compared with the same period last year.
TORONTO, ONTARIO -- (Marketwire) -- 02/24/12 -- HudBay Minerals Inc. ('Hudbay') (TSX: HBM)(NYSE: HBM) today announced it is uniting all of its operations under the Hudbay brand to better position itself for continued growth and expansion. At a special event and webcast for the company's nearly 1,500 employees across the Americas, Hudbay President
TORONTO, ONTARIO -- (Marketwire) -- 02/16/12 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) announced today that David Garofalo, President and Chief Executive Officer, will be speaking on Tuesday, February 28, 2012 at 9:30 a.m. ET at the BMO Capital Markets 2012 Global Metals & Mining Conference held in Hollywood, Florida
TORONTO, ONTARIO -- (Marketwire) -- 02/10/12 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) senior management will host a conference call on Thursday, March 8, 2012 at 10 a.m. ET to discuss the company's fourth quarter 2011 results and provide an update on development activities.
TORONTO, ONTARIO -- (Marketwire) -- 01/12/12 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) announced today that management will be presenting at the following investor conferences:
-- CIBC 15th Annual Whistler Institutional Investor Conference, held in Whistler, British Columbia, at The Fairmont Chateau Whistler
-- Capital investment budget of approximately $391 million, including $296 million in growth initiatives. -- Investment in exploration of approximately $54 million, which includes $31 million in grassroots efforts in the Flin Flon Greenstone Belt, $13 million in South America and $10 million on other North American exploration initiatives. -- Reed copper project receives Board approval to proceed to full construction with first production expected by late 2013. Annual copper production in concentrate from the Reed mine expected to average 17,000 tonnes over the five year mine life.
TORONTO, ONTARIO -- (Marketwire) -- 11/28/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) announced today that management will be presenting at the following investor conferences:
-- Scotia Capital Mining Conference 2011, held in Toronto, Ontario at Le Royal Meridien King Edward Hotel. David Garofalo, President