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Hudbay Minerals Inc T.HBM

Alternate Symbol(s):  HBM

Hudbay Minerals Inc. is a copper-focused mining company. The Company has operations and pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru, and the United States. The Company’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Its growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The Company owns 75% of the Copper Mountain Mine, which is located south of Princeton, British Columbia. Copper Mountain Mine is a conventional open pit, truck, and shovel operation. The mine has approximately 45,000 tons per day plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits.


TSX:HBM - Post by User

Bullboard Posts
Comment by jnhnry1on Oct 12, 2008 2:51am
506 Views
Post# 15521748

RE: Trading less than cash value

RE: Trading less than cash valueSept 2004 Zinc was 45 cents a lb. Copper 1.39. Ontario Zinc paid Anglo-American 325 million for Hudson's Bay Mining and Smelting, now Hudbay Minerals. The mine wasn't making much money then but was still operating. I doubt very much they will close their entire operation. It has operated for 80 years through ups and downs lower than this one. I lived in MB for 25 years and have been to Flin Flon many times. The mine didn't close when prices were much lower than now.
John.
Bullboard Posts