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.

TSX:HBM - Post by User

Hudbay Minerals Inc

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Comment by Salidaon Nov 11, 2008 10:05pm

326 Views

Post# 15579868

RE: Something Up?

It's something very simple - the market has finally noticed how compelling the valuation of hudbay is at this level. The entire market cap is backed by cash. Look at what's happening to Teck Cominco for being overlevered. Soon Teck will be $5 and Hubday will be $10 by the looks of it...HBM is a no-brainer if you want to invest in the mining sector.

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