41%i increase in Lalor’s life-of-mine gold production from the previous mine plan, including an increase in average annual gold production to over 150,000 ounces during the.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today provided an update on the status of its operations and business preparedness plans in light of the COVID-19 coronavirus pandemic. The company has been closely monitoring the status of the virus outbreak and the rapidly changing environment at all of its operations. Company-wide business preparedness plans were activated earlier this month as part of the company’s crisis management protocols.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) senior management will host a conference call on Friday, February 21, 2020 at 9 a.m. ET to discuss the company’s fourth quarter 2019 results and production and cost guidance for 2020. Hudbay plans to issue a news release containing the fourth quarter 2019 results on Thursday, February 20, 2020 and post it on the company’s website. Hudbay (TSX, NYSE: HBM) is an integrated mining company primarily producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal.
HudBay Minerals (HBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TORONTO, May 21, 2020 -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that each of the ten individuals nominated for election as a director.
Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) and Waterton Global Resource Management, Inc. (“Waterton”), today announced they have agreed to amend certain of the standstill provisions of the settlement agreement dated May 3, 2019 that resulted in the nomination of new directors independent of Waterton and, at the time, the Company. The parties have agreed to increase the number of Company shares that may be acquired by Waterton from 15.0% to up to 19.99% during the standstill period. The parties also have agreed to amend certain provisions of the standstill and to extend the standstill period for six months if Waterton acquires beneficial ownership in excess of 16% of the Company’s shares prior to the original termination date, with an automatic extension of a further six months if Waterton’s beneficial ownership interest exceeds 17.5% of the Company’s shares prior to the expiry of such initial six-month extension period.
HudBay Minerals (HBM) delivered earnings and revenue surprises of -42.86% and 7.79%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
Achieved 2019 production and unit cost guidance in Peru and Manitoba; strong performance at the Lalor and 777 mines resulted in zinc production exceeding the top end of the.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced the community of Chilloroya has formally approved a surface rights agreement with Hudbay for the Pampacancha satellite deposit located near the Constancia mine in Peru. With the completion of this agreement, the company expects to be mining ore from the deposit in late 2020. “We are very pleased to have reached a Pampacancha agreement with the community,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
A sneak peak at how some miners will fare in their upcoming first quarter results on May 14 amid the coronavirus pandemic.
Hudbay said in February it expected to start mining the Pampacancha satellite deposit in late 2020, but restrictions imposed to fight the respiratory illness caused by the novel coronavirus have limited the government's ability to consult with a local indigenous community, said Peter Kukielski, Hudbay's president and CEO. “We think that the government will be very motivated to get it done, but it is a process that requires reasonably intensive human contact and so we think that there certainly will be a little bit of a lag once the state of emergency is lifted," he told Reuters. Hudbay was among numerous miners in Peru, the world's No.2 copper producer after Chile and its sixth-largest gold producer, to shutter operations after the government declared a state of emergency to slow the spread of the novel coronavirus.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) senior management will host a conference call on Friday, May 15, 2020 at 9 a.m. ET to discuss the company’s first quarter 2020 results. Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal.
Moody's Investors Service, ("Moody's") changed the rating outlook for HudBay Minerals, Inc. (Hudbay) to negative from stable. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that the company has entered into a gold forward sale and prepay arrangement (“Gold Prepay”) with a syndicate of its existing lenders whereby the company will receive an upfront payment of US$115 million in exchange for delivering a total of 79,954 gold ounces in 2022 and 2023 based on gold forward curve prices averaging approximately US$1,682 per ounce. “We are pleased to bolster our liquidity position and prefund the entire capital budget for the New Britannia gold mill refurbishment, which is a low-risk, high-return investment with a short payback that is expected to more than double our gold production in Snow Lake to over 150,000 ounces per year by 2022,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
Accompanying Peter for the Q&A portion of the call will be Cashel Meagher, our Senior Vice President and Chief Operating Officer and Eugene Lei, our Senior Vice President, Corporate Development and Strategy and Interim Chief Financial Officer. Please note that comments made on today's call may contain forward-looking information.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its first quarter 2020 financial results. Delivered a solid operating quarter in Manitoba, which included record mine production at Lalor and record throughput at the Stall concentrator. Lalor ore mined and Stall concentrator throughput increased by 8% and 19%, respectively, in the first quarter of 2020 compared to the fourth quarter of 2019.
HudBay (HBM) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
SUDBURY, Ontario, Feb. 27, 2020 -- Rockcliff Metals Corporation (“Rockcliff” or the “Company”) (CSE: RCLF) (FRANKFURT: RO0, WKN: A2H60G) is pleased to announce an Updated.