HudBay Minerals Inc. and Waterton Global Resource Management, Inc. , today announced they have agreed to amend certain of the standstill provisions of the settlement agreement dated May 3, 2019 that resulted in the nomination of new directors independent of Waterton and, at the time, the Company. The parties have agreed to increase the number of Company shares that may be acquired by Waterton from 15.0% to up to 19.99 [...]
Achieved 2019 production and unit cost guidance in Peru and Manitoba; strong performance at the Lalor and 777 mines resulted in zinc production exceeding the top end of the guidance range Constancia achieved record mill throughput and copper recoveries in 2019 Lalor and 777 increased mine output by 22% and 15%, respectively, year-over-year Cash generated from operating activities was $98.7 million in the fourth quarter of [...]
HudBay Minerals Inc. today announced the community of Chilloroya has formally approved a surface rights agreement with Hudbay for the Pampacancha satellite deposit located near the Constancia mine in Peru. With the completion of this agreement, the company expects to be mining ore from the deposit in late 2020. “We are very pleased to have reached a Pampacancha agreement with the community,” said Peter [...]
HudBay Minerals Inc. senior management will host a conference call on Friday, February 21, 2020 at 9 a.m. ET to discuss the company’s fourth quarter 2019 results and production and cost guidance for 2020. Fourth Quarter 2019 Results Conference Call and Webcast Date: Friday, February 21, 2020 Time: 9 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 [...]
HudBay Minerals Inc. today announced the appointment of Peter Kukielski as the company’s President and Chief Executive Officer. Mr. Kukielski had been serving as Interim President and Chief Executive Officer since July 2019. “We are very pleased to appoint Peter as Hudbay’s President and Chief Executive Officer,” said Stephen A. Lang, Hudbay’s Board Chair. “The Board completed a [...]
Delivered a solid operating quarter, which included record quarterly ore throughput at the Constancia mill, and increased ore mined at 777 and Lalor by 9% and 23%, respectively, compared to the same period in 2018. Strong quarterly cost performance in both Peru and Manitoba, with Peru achieving its lowest unit costs in the last eight quarters and Manitoba unit costs stabilizing at a lower level following the ramp up of [...]
HudBay Minerals Inc. senior management will host a conference call on Tuesday, November 12, 2019 at 10 a.m. ET to discuss the company’s third quarter 2019 results. Third Quarter 2019 Results Conference Call and Webcast Date: Tuesday, November 12, 2019 Time: 10 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 third quarter 2019 results on [...]
HudBay Minerals Inc. today announced the appointment of Stephen A. Lang as Chair of the company’s Board of Directors. Mr. Lang has over 40 years of experience in the mining industry, including engineering, development and production at gold, copper, coal and platinum group metals operations. He was Chief Executive Officer of Centerra Gold Inc. from 2008 to 2012 and served as Centerra’s Board Chair from 2012 to [...]
Delivered a solid operating quarter, which included record mine production at Lalor and record throughput at the Stall concentrator 777 and Lalor ore mined increased by 35% and 21%, respectively, in the second quarter of 2019 compared to the same period in 2018 Second quarter 2019 results are on track to meet all production and cost guidance for 2019 Following the previously announced U.S. court decision suspending [...]
HudBay Minerals Inc. announced that late yesterday the U.S. District Court for the District of Arizona issued a ruling in the lawsuits challenging the U.S. Forest Service’s issuance of the Final Record of Decision for the Rosemont project in Arizona. The Court ruled to vacate and remand the FROD such that Rosemont cannot proceed with construction at this time. Hudbay believes that the Court has misinterpreted [...]
HudBay Minerals Inc. senior management will host a conference call on Friday, August 9, 2019 at 9 a.m. ET to discuss the company’s second quarter 2019 results. Second Quarter 2019 Results Conference Call and Webcast Date: Friday, August 9, 2019 Time: 9 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 quarter 2019 results on Thursday [...]
HudBay Minerals Inc. today announced that Alan Hair has stepped down as Hudbay's President and Chief Executive Officer and as a director of the company. Mr. Hair spent more than 20 years with Hudbay and was instrumental in the company's growth, serving as Chief Operating Officer from 2012 to 2015 before being appointed President and Chief Executive Officer in 2016. Peter Kukielski has been appointed Interim Chief [...]
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