Hudbay Minerals Inc (HBM) Sector
Materials

(Current) $8.74
-0.20 (-2.24%) Open Price: 8.94

 

Hudbay Minerals Inc. is a Canadian mining company engaged in the exploration, development, and production of base and precious metals. Founded in 1927 and headquartered in Toronto, Ontario, Hudbay has operations primarily in Canada and Peru, with additional exploration projects in the United States and Chile.

 

The company's primary focus is on the production of copper, zinc, gold, and silver, with a diversified portfolio of mines and development projects. Hudbay operates three main mines: the Constancia mine in Peru, the Lalor mine in Manitoba, Canada, and the 777 mine in Manitoba, Canada. These mines are significant producers of copper, zinc, and precious metals.

 

The Constancia mine, located in southern Peru, is one of Hudbay's key assets, producing copper and molybdenum concentrates. The mine has significant mineral reserves and resources, with ongoing exploration activities aimed at further extending the mine life and enhancing production.

 

The Lalor mine, located in Snow Lake, Manitoba, Canada, is a high-grade underground mine that primarily produces zinc and gold concentrates. The Lalor mine has been a cornerstone asset for Hudbay, contributing to the company's overall production and financial performance.

 

The 777 mine, also located in Manitoba, Canada, is an underground copper-zinc mine with a long history of production. While the mine's resources are declining, Hudbay continues to optimize operations and extend the mine life through exploration and development initiatives.

 

In addition to its operating mines, Hudbay has several development-stage projects in its portfolio, including the Rosemont project in Arizona, USA, and the Pampacancha project in Peru. These projects offer significant growth potential and could become future sources of production for the company.

 

Hudbay is committed to responsible mining practices, environmental stewardship, and community engagement in all of its operations. The company prioritizes safety, sustainability, and social responsibility, working closely with local communities, indigenous groups, and regulatory authorities to ensure that its activities are conducted in a manner that respects people and the environment.

 



 

(11/29/24) $8.94
(12/03/24) $8.94
(12/03/24) (Qty.)3,468,353
(11/29/24) $8.72
(11/29/24) $8.96
(11/10/24) $8.28
(11/10/24) $9.34
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