Hudbay Minerals Inc.

HudBay Minerals Inc. today announced that it has priced an offering of US$600 million aggregate principal amount of 4.50% senior notes due 2026 . The New Notes will be issued at 100% of their principal amount, providing the company with gross proceeds of US$600 million. The New Notes offering is expected to close on March 8, 2021, subject to customary closing conditions. Hudbay plans to use the net proceeds from the [...]

HudBay Minerals Inc. today announced that it is offering US$600 million aggregate principal amount of senior notes . The interest rate and other terms of the New Notes will be determined at pricing and are dependent upon market conditions and other factors. Hudbay plans to use the net proceeds from the offering of the New Notes to refinance all of its outstanding US$600 million aggregate principal amount of 7.625% senior [...]

HudBay Minerals Inc. today released its fourth quarter and full year 2020 financial results and annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. Fourth Quarter and Full Year Operating and Financial Results Achieved 2020 production and unit cost guidance in Peru and Manitoba; Manitoba copper production exceeded the top end of the guidance range and refined zinc metal production [...]

HudBay Minerals Inc. senior management will host a conference call on Friday, February 19, 2021 at 9:00 a.m. ET to discuss the company's fourth quarter 2020 results and production and cost guidance for 2021. Fourth Quarter 2020 Results Conference Call and Webcast Date: Friday, February 19, 2021 Time: 9:00 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 that in accordance with Peru’s Consulta Previa law, additional consultation between the Peruvian government and the local community of Chilloroya has been completed with the community’s support. Upon completion of the Consulta Previa process, the Peruvian regulators granted Hudbay the final mining permit for the development and operation of the Pampacancha deposit. The company is [...]

HudBay Minerals Inc. today announced that full production has resumed at its 777 Mine in Flin Flon, Manitoba, following the skip hoist incident in October. The shaft repair activities were completed well ahead of schedule and the total direct repair costs were under the estimated $5.0 million. While the shaft was under repair, the company temporarily reassigned equipment and personnel from the 777 mine to the Lalor mine [...]

HudBay Minerals Inc. today released its third quarter 2020 financial results. All amounts are in U.S. dollars, unless otherwise noted. Third Quarter Operating and Financial Results Delivered a solid operating quarter with steady production and cost performance from the Manitoba and Peru operations, including an increase in copper production over the first two quarters of 2020 and strong gold production driven by increased [...]

HudBay Minerals Inc. today provides an update on the inspection completed to date at its 777 Mine in Flin Flon, Manitoba, following the skip hoist incident announced on October 11th. A preliminary video inspection of the mine shaft indicates that damage is limited to the headframe and the bottom of the shaft in the skip compartment. It does not appear that the cage compartments or the ore loading area were damaged, and [...]

HudBay Minerals Inc. senior management will host a conference call on Wednesday, November 4, 2020 at 8:30 a.m. ET to discuss the company’s third quarter 2020 results. Third Quarter 2020 Results Conference Call and Webcast Date: Wednesday, November 4, 2020 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 third quarter 2020 results on [...]

HudBay Minerals Inc. today reports that production at its 777 Mine in Flin Flon, Manitoba, has been temporarily suspended due to an incident that occurred on October 9th during routine maintenance of the hoist rope and skip, which is the bucket used to hoist ore from underground. The hoist rope detached from the skip, causing the skip to fall to the bottom of the shaft. There were no injuries and all underground personnel [...]