HudBay today released its second quarter 2012 financial results. In the second quarter of 2012, Hudbay recorded a loss and loss per share of $30.4 million and $0.17 respectively, compared to a loss of $171.9 million and $0.97 respectively, in the second quarter of 2011. The loss in the second quarter of 2011 included an impairment loss of $212.7 [...]
HudBay today announced its board of directors has approved a US$1.5 billion investment to fund the development and construction of its Constancia copper mine in Peru. In addition, Hudbay announced it has entered into a precious metals stream transaction with Silver Wheaton providing for upfront deposit payments of US$750 million. Based on the [...]
TORONTO, ONTARIO -- (Marketwire) -- 07/09/12 -- HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM)(NYSE: HBM) senior management will host a conference call on Wednesday, August 15, 2012 at 10 a.m. ET to discuss the company's second quarter 2012 results and provide an update on development activities.
2nd Quarter, 2012, Revisions of S&P/TSX IndicesTORONTO, June 8, 2012 /CNW/ - S&P Canadian Index Services will make the following index changes as a result of the Quarterly S&P/TSX Composite Index review. These changes will be effective at the open on Monday, June 18, 2012:S&P/TSX COMPOSITE INDEXADDITIONSIssue NameSymbol60/CompletionLive Composite [...]
2nd Quarter, 2012, Revisions of S&P/TSX IndicesTORONTO, June 8, 2012 /CNW/ - S&P Canadian Index Services will make the following index changes as a result of the Quarterly S&P/TSX Composite Index review. These changes will be effective at the open on Monday, June 18, 2012:S&P/TSX COMPOSITE INDEXADDITIONSIssue NameSymbol60/CompletionLive Composite [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/18/12 -- HudBay Minerals Inc. ("Hudbay") (TSX: HBM)(NYSE: HBM) today announced that due to market conditions it is discontinuing the planned offering of US$400 million senior unsecured notes due 2020, which it had previously announced on May 14, 2012.
"Although the funding we were seeking was available to [...]
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.
