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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Post by bobcat16on Aug 16, 2012 8:23am

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Post# 20223635

MORE $'S FOR CAA

Callinan Royalties Corp
Symbol	C : CAA
Shares Issued	48,179,016
Close 2012-08-15	C$ 2.41
Recent Sedar Documents View Original Document

Callinan receives quarterly royalty payment from HudBay

2012-08-16 07:29 ET - News Release

Also News Release (C-HBM) HudBay Minerals Inc

Mr. Roland Butler reports

CALLINAN ANNOUNCES QUARTERLY ROYALTY PAYMENTS

Callinan Royalties Corp. has received interim quarterly royalty payments totalling $3,515,817.50 from HudBay Minerals Inc.

The royalty payments include a payment of $3,423,854.00 from the 6-per-cent net profits interest royalty and $91,963.50 from the 25 cents per ton of ore produced for the quarter ended June 30, 2012.

The net profits interest payment represents 75 per cent of an estimate by HudBay Minerals Inc. The remaining 25 per cent is paid annually, in mid-July, 130 business days after the financial year-end of HudBay Minerals Inc. as per the agreement.

The quarterly payments are due to Callinan's royalty interests on lands that include the 777 mine at Flin Flon, Man., Canada, which is the principal mining operation of HudBay Minerals Inc.

We seek Safe Harbor.