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Hudbay Minerals Inc T.HBM

Alternate Symbol(s):  HBM

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

Bullboard Posts
Comment by onemoresaleon Jan 28, 2005 12:35pm
271 Views
Post# 8503920

RE: The Globe - Content

RE: The Globe - ContentQuote from today's Globe: "HudBay Minerals Inc. (HBM-TSX) is the new name of OntZinc Corp., which in December completed the takeover of Hudson Bay Mining and Smelting Co. Ltd., purchased from Anglo American International SA. "Unlike many junior mining companies, HBM has assets that are actually producing today -- and at very profitable levels," Mr. Picton said. Furthermore, the stock trades at a significant discount to its net asset value and the company has substantial tax-loss carry forwards and "very strong leverage" to rising copper and zinc prices. He has a 12-month target of $4 on the shares, which compares with yesterday's close of $2.46."
Bullboard Posts