Hudbay Minerals Opens the Market

Peter Kukielski, President and Chief Executive Officer, Hudbay Minerals, and Eugene Lei, Chief Financial Officer, Hudbay Minerals ("Hudbay" or the "Company") (TSX: HBM), and their team, joined Robert Peterman, Chief Commercial Officer, Toronto Stock Exchange (TSX), to open the market to celebrate the Company's 20th listing anniversary on Toronto Stock Exchange.


Hudbay (TSX: HBM) (NYSE: HBM) is a copper-focused critical minerals company with three long-life mining operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Copper is the primary metal produced by the company, which is complemented by meaningful gold production. Hudbay's mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations. "We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities."

MEDIA CONTACT:

Candace Brule
VP, Investor Relations
Candace.Brule@hudbayminerals.com
(416) 814-4387

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237294

News Provided by Newsfile via QuoteMedia

HBM:CA,HBM
The Conversation (0)
Matt Geiger, tractor at mine site.

Matt Geiger: Hard Assets at Turning Point, How I'm Investing Now

Matt Geiger, managing partner at MJG Capital Fund, shares his thoughts on the resource sector, honing in on the health of the junior miners.

In his view, after a decade of hit-or-miss performances, the best is yet to come.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Drilling Outlines Large, High-Grade Zone

Empire Metals Limited, theAIM-quoted and OTCQB-tradedexploration and development company,is pleased to report outstanding assay results from its latest drilling campaign at the Pitfield Project in Western Australia ('Pitfield' or the 'Project'). This programme, focused on the in-situ weathered cap at the Thomas Prospect, has delivered some of the highest titanium dioxide ('TiO₂') grades recorded to date and will underpin the Company's maiden JORC-compliant Mineral Resource Estimate ('MRE').

Highlights

Keep reading...Show less
Electric Royalties (TSXV:ELEC)

Electric Royalties Announces Interest Conversion under Convertible Credit Facility

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") announces that Gleason & Sons LLC (the "Lender") has elected to convert C$536,500.00 of accrued interest on the principal amount of the Company's convertible credit facility (the "Interest") under the amended and restated convertible loan agreement dated February 16, 2024 between the Lender and Company (the "A&R Agreement"), into 3,700,000 common shares of the Company (the "Conversion Shares"), at a conversion price of C$0.145 per Conversion Share (the "Interest Conversion"). Subject to acceptance of the TSX Venture Exchange (the "TSXV"), the Company expects to issue the Conversion Shares in August 2025.

Keep reading...Show less
 Adam Woolridge, CEO of Cobre.

Cobre Unveils Maiden Resource at Comet, Targets Low-cost In-situ Copper Recovery

Highlighting the first mineral resource estimate (MRE) at Comet within the Ngami copper project in Botswana, Cobre (ASX:CBE) CEO Adam Woolridge outlines a path toward low-cost, scalable in-situ copper recovery, backed by significant exploration upside.

“You're looking at an exploration target of 200 million to 300 million tonnes at around 0.4 percent copper,” Woolridge said.

“When you start looking at this as an in-situ copper recovery process, you have really good grade continuity. And this has been reflected in the MRE. And it's also come out from just looking at this deposit from a geometry point of view — it's got a really simple geometry, a lot of great continuity, and it's been relatively cost effective to move each tonne of contained copper into category.”

Keep reading...Show less
"Welcome to Arizona" sign with sunburst design against a blue sky background.

Hudbay Secures US$600 Million Mitsubishi Partnership for Arizona Copper Project

Hudbay Minerals (TSX:HBM,NYSE:HBM) has struck a US$600 million deal with automobile giant Mitsubishi (TSE:8058) for a 30 percent stake in its Copper World project in Arizona, marking one of the largest foreign investments in the US copper sector in recent years.

Announced Tuesday (August 12), the agreement will see Mitsubishi pay US$420 million on closing and a further US$180 million within 18 months.Mitsubishi will also fund its 30 percent share of future capital contributions as the mine moves toward full construction.

Keep reading...Show less
Copper bars with weight stamps, stock market chart background.

What Was the Highest Price for Copper?

Strong demand in the face of looming supply shortages has pushed copper to new heights in recent years.

With a wide range of applications in nearly every sector, copper is by far the most industrious of the base metals. In fact, for decades, the copper price has been a key indicator of global economic health, earning the red metal the moniker “Dr. Copper.” Rising prices tend to signal a strong global economy, while a significant longer-term drop in the price of copper is often a symptom of economic instability.

After bottoming out at US$2.17 per pound, or US$5,203.58 per metric ton (MT), in mid-March 2020, copper has largely been on an upward trajectory.

Keep reading...Show less

Latest Press Releases

Related News

×