Hudbay Announces Third Quarter 2019 Results

Hudbay Minerals (TSX:HBM, NYSE:HBM) released its third quarter 2019 financial results on November 11. 

As quoted in the press release:

“In the third quarter, Hudbay continued to deliver solid operating results with record quarterly mill throughput at Constancia and strong cost performance in both Peru and Manitoba,” said Peter Kukielski, Interim president and chief executive officer. “Constancia continues to operate at full capacity despite regional logistical challenges during the quarter and we are proud of the team’s ability to adapt and overcome these external issues. Manitoba continues to maximize production from the 777 mine and the New Britannia mill refurbishment remains on schedule for completion in late 2021. At Rosemont, we intend to appeal the recent court decision as we evaluate next steps for the project. We are on track to achieve our full year production guidance and we look forward to advancing the various organic growth opportunities within our portfolio.”

Click here to view the full press release.