TORONTO, ONTARIO -- (Marketwire) -- 09/01/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM) (NYSE: HBM) announced today that David Garofalo, President and Chief Executive Officer, will be speaking on Friday, September 9, 2011 from 9:30 a.m. to 10 a.m. ET at the Bank of America Merrill Lynch 17th Annual Canada Mining Conference held in Toronto, Ontario at the Sheraton Centre Toronto Hotel. Slides of the
-- Production of all key metals and costs remain on track to meet 2011 guidance -- Profit before asset impairments(i) increased to $40.0 million, or $0.23 per share, in the second quarter of 2011, compared to $4.4 million, or $0.03 per share, during the second quarter of 2010 -- Lalor development proceeding on schedule with the main production hoist and man hoist starting to arrive on site for installation in the third quarter of 2011 -- Exploration drilling continues to encounter high grade copper (3.23% copper equivalent over 52.5 meters and 1.54% copper equivalent over 44.7 meters) at Pampacancha, demonstrating the continuity of the deposit, with geophysical surveys completed on the Chilloroya South and Pampacancha prospects -- Exploration drilling at 100% owned Tom and Jason zinc-lead rich properties in the Yukon will test possible extensions of known mineralization and provide metallurgical samples and information required for a preliminary economic assessment in early 2012 -- Semi-annual dividend of $0.10 per share declared
TORONTO, ONTARIO -- (Marketwire) -- 08/05/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) announced that it has entered into a definitive agreement to sell 100% of its interest in the Fenix ferro-nickel project in Guatemala to the Solway Group. Pursuant to the terms of the agreement, HudBay will receive US$140 million in cash at closing and US$30 million upon the satisfaction of certain
TORONTO, ONTARIO -- (Marketwire) -- 08/04/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) today announced that David Garofalo, President and Chief Executive Officer, will be speaking on Wednesday, August 10, 2011 at 2 p.m. ET at the Jefferies 2011 Global Industrial and A&D Conference in New York. The presentation will be available on HudBay's website at www.hudbayminerals.com.
TORONTO, ONTARIO -- (Marketwire) -- 07/18/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) senior management will host a conference call on Wednesday, August 10, 2011 at 8:30 a.m. ET to discuss the company's second quarter 2011 results and provide an update on development activities.
TORONTO, ONTARIO -- (Marketwire) -- 07/06/11 -- HudBay Minerals Inc. ('HudBay') (TSX: HBM)(NYSE: HBM) announced today it has successfully acquired the 2,562,313 remaining common shares of Norsemont Mining Inc. ('Norsemont') (TSX: NOM)(BVL: NOM) not already owned by it, representing approximately 2.2% of the issued and outstanding common shares, pursuant to a compulsory acquisition carried out under the provisions of the
Norsemont Mining announced today HudBay Minerals has successfully acquired the 2,562,313 remaining common shares of the Company not already owned by HudBay, representing approximately 2.2% of the issued and outstanding common shares, pursuant to a compulsory acquisition carried out under the provisions of the Business Corporations Act (British Columbia) following HudBay's previously announced successful tender offer. As a [...]
Highlights- Lalor tradeoff studies support an enhanced production plan made possible by the construction of a new concentrator and paste backfill plant; these improvements are expected to increase HudBay's overall capital expenditure investment by $144 million for a total of $704 million, which includes approximately $120 million spent to date
TORONTO, ONTARIO -- (Marketwire) -- 06/20/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) today announced that David Bryson, Senior Vice President and Chief Financial Officer, will be speaking on Wednesday, June 22, 2011 at 2:35 p.m. ET at the RBC Capital Markets' 2011 Global Mining & Materials Conference being held at the Le Meridien King Edward Hotel in Toronto. A live audio webcast of the
Largely Unexplored Area Remains Open to the South and West
TORONTO, ONTARIO -- (Marketwire) -- 06/14/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) today announced exploration results from the Pampacancha zone at the company's Constancia project in Peru. Hole PO-11-072 intersected two main intervals of mineralization, including 121.45 meters of 1.62% copper, 13.62 g/t silver and 1.02 g/t gold (2.4% copper equivalent(1)) and 87.50 meters of 0.46% copper, 2.30 g/t silver and 0.22 g/t gold (0.65% copper equivalent).
TORONTO, ONTARIO -- (Marketwire) -- 05/24/11 -- HudBay Minerals Inc. ('HudBay', the 'company') (TSX: HBM)(NYSE: HBM) today announced that David Garofalo, President and Chief Executive Officer, will be speaking on Wednesday, May 25, 2011 at 2:20 p.m. ET at the Goldman Sachs Basic Materials Conference 2011 being held at the Goldman Sachs Conference Center in New York. A live audio webcast of the presentation will be
-- Production of all key metals was higher in the first quarter of 2011 compared to the same period last year and remains on track to meet 2011 guidance, with copper production up 23% to 14,386 tonnes, zinc production up 27% to 19,205 tonnes and precious metals production up 31% to 30,006 gold-equivalent ounces(1) -- Acquisition of Norsemont and its 100% owned Constancia copper project completed in the first quarter of 2011; project optimization and initial stages of construction preparation commenced -- Significant construction activities continue at Lalor as project remains on budget and on schedule for first production in the second quarter of 2012; optimized feasibility study due in the third quarter of 2011 -- Additional copper-gold mineralization intersected in three separate horizons in copper-gold zone at Lalor -- Drill intersections in Pampacancha deposit, three kilometers southeast of Constancia, confirm continuity of mineralization, with localized high grade intervals -- New high-grade copper mineralized zone discovered in exploration drilling at option property 1.8 kilometers from the Reed copper project