HudBay Minerals Inc. announced today that it has received the approved Mine Plan of Operations for the Rosemont project from the U.S. Forest Service. The issuance of the MPO is the final administrative step in the permitting process. “Receiving the MPO is an important milestone that completes the permitting process at Rosemont,” said Alan Hair, Hudbay’s president and chief executive officer. “With [...]
HudBay Minerals Inc. announced today that it has reached an agreement with United Copper & Moly LLC to purchase UCM’s 7.95% interest in the Rosemont project, and to terminate all of UCM’s remaining earn-in and off-take rights, for upfront cash consideration of US$45 million, plus three annual installments of US$10 million per year, commencing July 1, 2022. In connection with the transaction, Hudbay has agreed [...]
HudBay Minerals Inc. announced today that it will hold its annual and special meeting of shareholders on May 7, 2019. The record date for determining the holders of the company’s common shares entitled to receive notice of and vote at the Meeting is March 29, 2019. Shareholder Rights Plan The company also announced that its board of directors has approved the adoption of a shareholder rights plan pursuant to a [...]
HudBay Minerals Inc. announced today that the U.S. Army Corps of Engineers has issued a Section 404 Water Permit for Hudbay’s Rosemont Project. Rosemont has already received the Final Record of Decision from the U.S. Forest Service , a process that involved 17 co-operating agencies at various levels of government, 16 hearings, over 1,000 studies, and 245 days of public comment resulting in more than 43,000 comments [...]
- Hudbay intersects 35.6 metres of 5.21% Zn, 0.33% Cu, 1.37g/t Au and 15.7g/t Ag, including 4.6 metres of 20.76% Zn and 6.2 metres of 6.34g/t Au Location map of drill holes Simplified geological cross-section looking northwest from recent drill hole intersections Closer view of the cross section showing the mineralization - Hudbay to showcase core samples of the high-grade zinc at the Core Shack event at BMO 28th Global [...]
HudBay Minerals Inc. today released its fourth quarter and full year 2018 financial results and production and cost guidance for 2019. All amounts are in U.S. dollars, unless otherwise noted. Summary On a consolidated basis, copper production exceeded the mid-point of 2018 guidance by 14% and production of zinc and precious metals were within 2018 guidance ranges; copper production at Constancia exceeded the top end of [...]
HudBay Minerals Inc. is pleased to announce increased mineral reserves and resources for its Lalor mine and nearby satellite deposits, and a new mine plan that includes the processing of gold and copper-gold ore at the company’s New Britannia mill. An updated National Instrument 43-101 Technical Report for Lalor will be filed on SEDAR by the end of the first quarter of 2019. All amounts are in U.S. dollars, unless [...]
HudBay Minerals Inc. senior management will host a conference call on Wednesday, February 20, 2019 at 10 a.m. ET to discuss the company’s fourth quarter 2018 results and production and cost guidance for 2019. Fourth Quarter 2018 Results Conference Call and Webcast Date: Wednesday, February 20, 2019 Time: 10 a.m. ET Webcast: www.hudbay.com Dial in: 647-794-1827 or 1-800-347-6311 Hudbay plans to issue a news release [...]
HudBay Minerals Inc. highlights its proven track record, successful execution and strong corporate governance following Waterton Global Resource Management’s news release naming its nominees for election to the company’s Board of Directors at its next annual shareholders’ meeting. Table 1: Constancia is the lowest cost open pit copper mine in South America 1 Proven Growth Strategy and World-Class Asset [...]
Mason Resources and HudBay Minerals announce the completion of the previously announced plan of arrangement under Part 9, Division 5 of the Business Corporations Act whereby Hudbay has acquired all of the issued and outstanding common shares of Mason it did not already own for C$0.40 per Common Share. "We are pleased to complete the acquisition of Mason and add the Ann Mason project to our pipeline," said Alan Hair [...]
HudBay Minerals Inc. today announced that Waterton Global Resource Management, Inc., on behalf of certain funds managed by it has withdrawn its special meeting requisition for the purpose of considering an advisory resolution. Accordingly, the company will cancel the shareholder meeting it had previously set for February 28, 2019. As the company noted in its November 13, 2018 press release, the Board welcomes constructive [...]
HudBay Minerals Inc. today announced that it has set February 28, 2019 for a Special Meeting of the company’s shareholders for the purpose of considering an advisory resolution with respect to certain potential transactions. The vote on the advisory resolution was requisitioned by Waterton Global Resource Management, Inc., on behalf of certain funds managed by it. Shareholders will receive information about the [...]