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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 Ridgebackon Dec 15, 2021 7:37am
228 Views
Post# 34231865

News Release

News Release

Hudbay Announces Initial Mineral Resource Estimate at Copper World

  • Indicated mineral resources of 272 million tonnes at 0.36% copper and inferred mineral resources of 142 million tonnes at 0.36% copper
  • Includes near surface, higher grade indicated mineral resources of 96 million tonnes at 0.57% copper and inferred mineral resources of 31 million tonnes at 0.71% copper, with the potential to be mined earlier in the mine life
  • Resource estimate includes recent additional drilling at Copper World which has continued to define shallow high-grade mineralization and continuity between Peach-Elgin and North-South Limb, as well as between Bolsa and Rosemont
  • Resources comprise both oxide and sulphide mineralogy and are potentially amenable to heap leach and flotation processing methods, respectively
  • Preliminary economic assessment is progressing well and is on track for the first half of 2022
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