News & Videos - HUDBAY MINERALS INC.

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) 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 Hudbay plans to issue a news release containing...

Consolidated copper production is expected to average 153,000 i 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 production expected to average 272,500 i ounces per year over the next three years, reflecting strong production in Manitoba and a contribution from...

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) is pleased to announce the signing of an option agreement (the “Agreement”) with Marubeni Corporation (“Marubeni”), pursuant to which Hudbay has granted Marubeni’s wholly-owned Canadian subsidiary an option (the “Option”) to acquire a 20% interest in three projects located within trucking distance of Hudbay’s processing facilities in Flin Flon, Manitoba, as shown...

TORONTO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) 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 Record Fourth Quarter and Full Year Operating and...

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) 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 RapidConnect Hudbay plans to issue a news release containing...

Average annual copper production of 46,500 tonnes over the first five years with cash costs of $1.89 i per pound, and 45,000 tonnes over the first 10 years with cash costs of $1.72 i per pound. Represents an approximate 90% increase over 2022 production levels and 50% decrease from 2022 cash costs as a result of the implementation of Hudbay’s operational efficiencies as part of its stabilization and optimization plans. Mine plan reflects Hudbay’s plans to stabilize the operation by...

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) today announced that its wholly owned subsidiary, Copper Mountain Mining ULC (“Copper Mountain”), has exercised the redemption option on its senior secured 8% notes (the “Copper Mountain Bonds”). 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 principal amount being...

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) 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 production of 101,417 ounces as higher grades from the...

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) 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 International Access Numbers Hudbay plans to issue a news...

TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”). 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 (the “Transaction”). As a result of closing the Transaction, Rockcliff is now a wholly-owned subsidiary of...

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 (8%) 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 and sustaining cash costs of $1.53 and $1.95 per pound of copper i , respectively. Extended Phase I mine life to 20 years, with the potential...

TORONTO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) 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 Manitoba operations. On June 20, 2023, Hudbay...

TORONTO, Ontario, July 27, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) 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 by more than 250% to a total of 2,690...

TORONTO, July 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) 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 plans to issue a news release containing the second...

TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) 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 we hope will be a...

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has closed its previously announced court-approved plan of arrangement with Copper Mountain Mining Corporation (“Copper Mountain”), pursuant to which Hudbay has acquired all of the issued and outstanding common shares of Copper Mountain effective as of today’s date (the “Transaction”). Copper Mountain is now a wholly-owned subsidiary of Hudbay and, in...

TORONTO, June 19, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) ( TSX, NYSE: HBM) and Rockcliff Metals Corp. (“Rockcliff”) (CSE: RCLF , OTCQB: RKCLF) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which Hudbay will acquire 100% of the issued and outstanding common shares of Rockcliff that it does not already own (the “Arrangement”). Under the Arrangement Rockcliff shareholders will receive 0.006776...

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Copper Mountain Mining Corporation (“Copper Mountain”) (TSX: CMMC) (ASX: C6C) 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 (British Columbia) pursuant to which Hudbay will acquire all of the issued and outstanding common shares of Copper Mountain (the...

TORONTO, June 13, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Copper Mountain Mining Corporation (“Copper Mountain”) (TSX: CMMC) (ASX: C6C) are pleased to announce that the shareholders of both Hudbay and Copper Mountain have approved the resolutions required to consummate the previously announced plan of arrangement (the “Transaction”). At their respective special meetings of shareholders on June 13, 2023 (each, a “Meeting”), the resolutions...

TORONTO, June 12, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced the release of its Annual Sustainability Report which provides transparency and progress on key accomplishments and initiatives in 2022 along with goals for the upcoming year and longer term. Along with this release, Hudbay has launched its purpose statement describing the value the company creates and the impact it has while contributing to a low-carbon future:...