Hudbay Minerals Inc T.HBM

Alternate Symbol(s): HBM

Metals & Mining Industrial Metals & Minerals

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.

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Hudbay Minerals Inc

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Post by chartroomon Jul 12, 2007 3:44am

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Post# 13075474

HBM is the next takeover target

Rio Tinto Bids $38.1 Billion for Alcan Associated PressAll Associated Press News SYDNEY, Australia (AP) - Rio Tinto announced Thursday it was offering $38.1 billion to buy Alcan Inc., launching a friendly offer to counter a hostile bid for the Canadian aluminum company by U.S. giant Alcoa. The Anglo-Australian miner said it was offering $101 per share for Alcan, which it said was recommending the price to shareholders. The bid exceeds Alcoa Inc.'s $28 billion offer, which Alcan's board roundly rejected in May, calling it inadequate. © 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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