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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

Comment by Cuisdafutureon Dec 01, 2023 11:43pm
212 Views
Post# 35764810

RE:Hudbay

RE:HudbayI've been a long time shareholder too and I'm sure glad Hudbay bought CMMC.
I bought stock at .25 and more years later at .30,,, still holding a large position of Hudbay. Days like today are reassuring for sur,e how explosive this stock can be.
 
CMMC prior to the merger, was on the ropes.
Over spending on EVA and sending all the talented staff to begin the Australian EVA build,  letting the Princeton mine suffer. Then get hacked proving IT suffered too.

Way back (second hand knowledge) the mine manger Eric Dell was let go cuz he didn't start stripping soon enough and they were running muck through the system.
One small note from the last financials mentioned accelerated stripping and more haul trucks runing. 

I think Hudbay has some dedicated managers and they added a few more good people from CMMC. From being around Copper Mountain for 10+ years, I feel (Today) that we'll see new highs in coming months. 2025 & 2026 should be lights-out, with permits in hand. 

GLTA :)

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