Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America. Through its subsidiaries, the Company owns approximately four polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), as well as a copper project in Arizona (the United States). The Company owns Constancia mine, an open pit copper mine in Peru. It owns 777 mine, an underground copper, zinc, gold and silver mine in Flin Flon, Manitoba. It owns Lalor mine, an underground zinc, copper and gold mine near Snow Lake, Manitoba. It also owns Rosemont project, a copper development project in Pima County, Arizona, in the United States.

Hudbay Minerals Inc. operates as an integrated mining company producing copper concentrate (containing copper, gold, and silver), zinc concentrate and zinc metal. The company, with assets in North and South America, focuses on the discovery, production, and marketing of base and precious metals. Directly and through its subsidiaries, the company owns four polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru); and a copper project in Arizona (the United States).

The company has four material mineral projects, including its 100% owned Constancia mine, an open pit copper mine in Peru; 100% owned Lalor mine, an underground zinc, copper and gold mine near Snow Lake, Manitoba; 100% owned 777 mine, an underground copper, zinc, gold and silver mine in Flin Flon, Manitoba; and 92.05% owned Rosemont project, a copper development project in Pima County, Arizona. The company’s ownership in the Rosemont project is subject to an earn-in agreement with United Copper & Moly LLC (UCM), pursuant to which UCM has earned a 7.95% interest in the project and might earn approximately a 20% interest. The company also owns a 70% interest in the Reed mine near Snow Lake, Manitoba; and owns or has an interest in exploration properties in proximity to its material mineral projects, as well as elsewhere in North and South America. In addition, the company owns and operates a portfolio of processing facilities in northern Manitoba, including its primary Flin Flon ore concentrator, which produces zinc and copper concentrates, its Stall concentrator, which produces zinc and copper concentrates and its Flin Flon zinc plant, which produces high-grade zinc metal. The company owns the New Britannia mill, located in Snow Lake, which, if refurbished, has the potential to increase its capacity to process gold ore from Lalor. In Peru, the company owns and operates a processing facility at Constancia, which produces copper and molybdenum concentrates.

Material Mineral Projects Constancia Constancia is the company’s 100% owned copper mine in Peru. It is located in the Province of Chumbivilcas in southern Peru and consists of the Constancia and Pampacancha deposits. 100% of the payable silver and 50% of the payable gold at Constancia is subject to a precious metals stream agreement with Wheaton Precious Metals. The company owns a 100% interest in the 36 mining concessions (covering an area of 22,516 hectares) that include Constancia, all of which are duly registered in the name of its wholly-owned subsidiary, HudBay Peru S.A.C., HudBay Peru S.A.C. also has the required surface rights to operate the Constancia mine. Lalor The company’s 100% owned Lalor mine is a zinc, copper and gold mine near the Town of Snow Lake in the province of Manitoba. Lalor is located approximately 208 kilometers by road east of Flin Flon, Manitoba. The Lalor mine is operating at 3,000 to 3,500 tonnes per day and is ramping up production to 4,500 tonnes per day by 2018.

The company owns the property through one mineral lease and eight order in council leases that total approximately 947 hectares. The mineral leases terminate in April and September of 2023 and March of 2033. 777 Ore produced at the 777 mine is transported to the company’s Flin Flon concentrator for processing into copper and zinc concentrates. Copper concentrate is sold to third party purchasers and zinc concentrate is sent to the company’s Flin Flon zinc plant where it is further processed into special zinc before being sold to third party purchasers. The properties cover approximately 3,800 hectares, including approximately 500 hectares in Manitoba and approximately 3,300 hectares in Saskatchewan. Rosemont Rosemont is a copper development project, located in Pima County, Arizona, approximately 50 kilometers southeast of Tucson. The company’s ownership in the Rosemont project is subject to an earn-in agreement with UCM, pursuant to which UCM has earned a 7.95% interest in the project and might earn approximately a 20% interest. The company trades on NYSE exchange. The company headquarter is located in Canada. The company was established in the 1927.

TickerHBM
Long NameHudbay Minerals Inc.
Short NameHudbay Minerals