TORONTO, ONTARIO -- (Marketwire) -- 08/28/12 -- HudBay Minerals Inc. ("Hudbay") (TSX: HBM)(NYSE: HBM) announced that its board of directors has declared a semi-annual dividend in the amount of $0.10 per common share, payable on September 28, 2012 to shareholders of record at the close of business on September 14, 2012.
About Hudbay
Hudbay (TSX: HBM)(NYSE: HBM) is a Canadian integrated mining company with assets in [...]
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 million associated with the Fenix project. Results for the second quarter of [...]
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 project's capital cost estimate of US$1.5 billion, the Constancia mine is [...]
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.
Second Quarter 2012 Results Conference Call and Webcast
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 GICS Sector IndexBlack Diamond Group LimitedBDICompletionEnergyEnbridge [...]
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 GICS Sector IndexBlack Diamond Group LimitedBDICompletionEnergyEnbridge [...]
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 us, poor overall market conditions caused the proposed interest rate 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 Manitoba and, if Hudbay's Board of Directors approves the Constancia project, the [...]
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 share(i), in the first quarter of 2012 compared to $41.9 million, or $0.27 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 includes 51.2 million tonnes of measured and indicated mineral [...]
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 Hudbay to acquire one Common Share at an exercise price of C$0.85 per Common [...]