HudBay Minerals Q1 Profit Rises on High Metal Price

Base Metals Investing

Reuters reports that on Monday, HudBay Minerals (TSE:HBM) reports that the company’s first-quarter earnings rose 59 percent.

Reuters reports that on Monday, HudBay Minerals (TSX:HBM) reports that the company’s first-quarter earnings rose 59 percent.

The market news is quoted as saying:

Hudbay said earnings in the first quarter of 2011 included a charge of C$5.8 million, 4 Canadian cents a share, related to the Norsemont Mining (NOM.TO) acquisition in March.

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