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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

Post by 666999on Mar 13, 2024 6:19am
164 Views
Post# 35929881

Copper Mountain

Copper Mountain Hudbay got cheap Copper Mountain, very good deal for Hudbay, there was some bad luck and some bad management at CM, infrastracture is worth at least $500 M and resources $500, once things get sorted it will make nice $, we can see that company will start mining at parts with higher grades, last year drill results had nice results, and its open for further drilling, mine life is 20+ years, I think that full value of buying CM is not reflected in share price, what I like at CM is that is 50/50 Cu, Au, and price of Au price has run up, I had CM shares, and while did not like being sold at 50% discount, Im happy Hudbay bought it, so new mine for hudbay and it means less risk if something goes wrong at one mine, and this is what investors love, look past Mkt cap of FM and share price, so you get idea where could valuation go
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