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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Comment by Salidaon Nov 22, 2008 5:01pm

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Post# 15604239

RE: From the Globe and mail

And for those who have questions about the legalities of the merger, the CBCA (Canada Business Corporations Act) does not require a vote of shareholders of the acquiring company. Rob McEwen tried to comel Goldcorp to do so when they used shares to acquire Glamis. The Courts decided in favour of Goldcorp. The management of a company will not be constrained from using shares to buy another company's shares or assets if they believe such a deal would be accretive and thus in the best interests of shareholders.

"Canada: Acquirors’ Shareholders Do Not Have The Right To Vote On Large Share Issuance In Connection With M&A Transaction"
https://www.mondaq.com/article.asp?articleid=47206

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