Hudbay in talks to draw partner for Arizona copper project
Mining News Pro - Copper producer Hudbay Minerals Inc. is having informal talks with prospective partners to develop a deposit in Arizona as the mining industry pushes to bolster North America’s supply of key metals.
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Hudbay Minerals to buy Copper Mountain Mining in $439m deal
Mining News Pro - Canadian miner Hudbay Minerals Inc said on Thursday that it would buy Copper Mountain Mining Corp in a $439 million all-share deal to boost its copper portfolio. The Copper Mountain Mine is located about 20 km south of Princeton, British Columbia and 300 km east of the port of Vancouver.
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Hudbay enters exploration agreement for satellite properties near Constancia mine in Peru
Mining News Pro - Hudbay Minerals has reached an exploration agreement with the Uchucarcco community in Peru for the surface rights to the Maria Reyna and Caballito satellite properties near its Constancia mine. These satellite properties consist of a large, contiguous block of mineral rights held by Hudbay, with the potential to host mineral deposits close to the Constancia processing facilities.
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Hudbay Minerals needs $1.9bn for Copper World project in Arizona
Mining News Pro - Canada’s Hudbay Minerals unveiled Wednesday a preliminary economic assessment (PEA) for its Copper World Complex in Arizona, which includes recently discovered deposits at the property as well as the Rosemont asset.
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Hudbay suffers major Rosemont copper project setback in Arizona
Mining News Pro - Canada’s Hudbay Minerals has suffered a fresh setback in its bid to build the Rosemont open pit copper project in Arizona following a decision by the US Court of Appeals for the Ninth Circuit declining to overturn a 2019 decision that blocked the project.
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Hudbay reaches agreement with unions in Manitoba
Mining News Pro - Hudbay Minerals announced on Monday that new three-and-a-half-year collective agreements have been ratified by the members of United Steelworkers (USW) Local 7106 and USW Local 9338.
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Hudbay sees Copper World as ‘interesting’ alternative or add-on to Rosemont
Mining News Pro - Copper miner Hudbay sees the Copper World discovery, in Arizona, as “very interesting, either alternative or add-on” to the adjacent Rosemont project, which continues to be in legal limbo.
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Hudbay reaffirms 2021 guidance as Pampacancha production resumes
Mining News Pro - Copper and gold producer Hudbay Minerals has reaffirmed its production and operating cost guidance for the year, as its Pampacancha mine, in Peru, resumed production last month after finalising a new land user agreement.
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Investments to start paying off this year, says Hudbay
Mining News Pro - While 2021 remains a year of investment for base metals miner Hudbay, it is also the year in which the company expects to start to see the benefits of its high-return investments as it grows production in Peru and Canada.
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Hudbay Minerals’ 777 mine back at full tilt
Mining News Pro - Canadian miner Hudbay Minerals has resumed full production at its 777 zinc-copper mine in Flin Flon, Manitoba, following a skip hoist incident in October that forced the company to halt operations.
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Hudbay’s New Britannia expects first gold by Q3 2021
Mining News Pro - Hudbay Minerals said on Tuesday that first gold production from its New Britannia mill in Manitoba is expected in the third quarter of next year.
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Hudbay resumes mining after 777 skip hoist incident
Mining News Pro - Underground mining activity has resumed at the 777 mine, in Flin Flon, Manitoba, and production should be back at full tilt in December, base metals miner Hudbay Minerals reported on Monday.
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Hudbay halts Flin Flon mine
Mining News Pro - Hudbay Minerals has temporarily suspended production at its 777 mine in Flin Flon, Manitoba, due to an incident that took place last Friday.
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Hudbay’s 777 mine suspended after skip incident
Mining News Pro - Base metals miner Hudbay Minerals has suspended operations at its 777 mine, in Flin Flon, Manitoba, after a skip fell to the bottom of the shaft during routine maintenance.
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Hudbay acquires majority stake in Talbot project
Mining News Pro - Hudbay Minerals is now the majority owner and operator of the Talbot project in Manitoba, having exercised its right to buy back a 2% interest in the property from Canadian mining junior Rockcliff Metals.
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Hudbay posts $51.9m quarterly loss as Peru suspension weighs
Mining News Pro - The eight-week suspension of operations at the Constancia mine, owing to Covid-19 measures in Peru, had a significant impact on gold and base metals miner Hudbay Minerals’ second-quarter results, with the company posting a $51.9-million, or $0.20 a share, net loss.
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Hudbay appeals court decision on Rosemont
Mining News Pro - Hudbay Minerals has filed its initial brief with the US Court of Appeals regarding the decision made by the US District Court for the District of Arizona almost a year ago to deny the company from proceeding with construction at its Rosemont project.
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Hudbay Minerals piles on gold ounces in Canada
Mining News Pro - After beginning the year by formally appointing Peter Kukielski as its CEO, and this month settling a long-drawn-out boardroom battle with its second-largest investor, Canadian copper producer Hudbay Minerals (TSX, NYSE: HBM) is setting its sights on gold.
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Hudbay Minerals expects delay to Peru copper expansion
Mining News Pro - Canadian miner Hudbay Minerals Inc expects a delay of up to four months before it can start mining an extension at its Constancia copper mine in Peru, the miner`s chief executive said on Thursday.
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Hudbay presells gold to fund mill refurbishment
Mining News Pro - Hudbay Minerals has struck a transaction with existing lenders to fund its Snow Lake gold growth initiatives, in Manitoba, raising $115-million.
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Hudbay secures access to Pampacancha deposit in Peru
Mining News Pro - Hudbay Minerals has secured long-awaited land rights for the Pampacancha satellite copper deposit near its Constancia polymetallic mine in Peru, which paves the way to start mining the asset later this year.
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Hudbay shares slump 20% after court bars construction at Arizona project
Mining News Pro - Hudbay Minerals (TSE: HBM) shares plunged more than 20% on Thursday after a court ruling barred the company from proceeding with construction at its Rosemont project in Arizona.
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Hudbay Minerals’ Alan Hair steps down as CEO
Mining News Pro - Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced Wednesday that Alan Hair had stepped down as its chief executive officer after more than 20 years with the company.
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Protesters block road used by Hudbay to transport copper in Peru
Mining News Pro - For a few hours on Sunday, some 40 people from the farming community of Tacrara, located in the Cusco department in southern Peru, blockaded a road used by Canadian miner Hudbay Minerals (TSX, NYSE: HBM) to transport copper from its Constancia project to the Port of Matarani.
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Hudbay Minerals granted final permit for $1.9B Rosemont copper mine
Mining News Pro - Canadian miner Hudbay Minerals scored a big win this week after the U.S. Forest Service approved the company’s mine plan of operations (MPO) for its $1.9 billion Rosemont copper project in Arizona.
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Visit: 960