Hudbay Minerals
BASE METALS
HudBay Q1 profit dips 47% on impairments, tax charges
Canadian base-metals producer HudBay Minerals generated an $8-million profit for the three months to March 31, 47% lower than the number for the same period in 2011, as one-time, noncash charges ate into earnings, the company said late on...By: Matthew Hill
10th May 2012
PLATINUM
Implats, Northern Shield formalise QC platinum JV
Canadian junior Northern Shield on Friday said it firmed up a joint venture agreement with world number-two platinum producer Impala Platinum over the TSX-V-listed company’s Idefix property in northern Quebec. The partners had in January inked...By: Matthew Hill
7th May 2012
BASE METALS
Constancia to cost around $1.5bn to build, says HudBay
Hudbay Minerals, the Canadian base-metals miner, on Modnay hiked the capital cost estimated of its giant Constancia project in Peru by about 50% to $1.5-billion, citing both scope changes and inflation as reasons.
A February 2011 feasibility...
By: Matthew Hill
3rd April 2012
BASE METALS
Economic jitters haven't frozen mining credit - HudBay's Garofalo
As markets continued to sway on Wednesday, base metals producer HudBay Minerals CEO David Garofalo assured investors that there had been no credit freeze for mining companies with good projects.
His company may raise $400-million to $500-million...
By: Matthew Hill
10th August 2011
NICKEL
Guatemalan lawsuits to continue against HudBay, says lawyer
Lawyers representing alleged human rights abuses victims of Canadian Mining firm HudBay Minerals in Guatemala will continue their efforts to sue the company, despite the TSX-listed firm’s announcement late last week that it would sell the Fenix...
By: Matthew Hill
10th August 2011
COPPER
HudBay eyes export-credit groups for project debt tied to offtake
Canadian base-metals miner HudBay Minerals has received interest from export-credit agencies regarding long-term debt funding for its Constancia project in Peru and will aim to have agreements in place by year-end, CEO David Garofalo said in an...
By: Liezel Hill
17th May 2011
COPPER
HudBay exercises Augusta warrants, boosting stake
Toronto-based HudBay Minerals has increased its holding in Augusta Resource Corp to about 14,3%, after exercising 5,45-million of the smaller company's warrants. HudBay exercised the warrants, which it bought in an August 2010 private placement,...By: Liezel Hill
21st March 2011
CANADA
HudBay profit boosted by metals prices
Toronto-based HudBay Minerals earned $24,5-million in the fourth quarter of 2010, compared with $7,2-million a year earlier, after higher metals prices more than offset the effects of lower sales volumes and a stronger Canadian dollar, the company...By: Liezel Hill
10th March 2011
LEGAL
Guatemalan widow's lawsuit against HudBay could be precedent setting
The trial of a Guatemalan woman who is suing Canadian miner HudBay Minerals for C$12-million in the Ontario Superior Court of Justice for the death of her husband in 2009 is “probably years away”, Angelica Choc’s lawyer said on Thursday....
By: Matthew Hill
18th February 2011
CORPORATE ACTIVITY
Cheers all round for new Canadian copper heavyweight
Analysts and investors on Thursday welcomed the announcement that Canadian base-metals miners Inmet Mining and Lundin Mining will merge, creating a new Canadian copper producer worth at least C$9-billion.
Both companies have mines in Europe, and...
By: Liezel Hill
14th January 2011
M&A
HudBay sets sights on Peruvian copper
Toronto-based HudBay Minerals has agreed to buy Norsemont Mining for a combination of cash and shares, the companies said on Monday.
HudBay will pay 0,2617 of a share and $0,001 in cash, or C$4,50 in cash, for each Norsemont share, subject to a...
By: Liezel Hill
10th January 2011
COPPER
Augusta files draft EIS for review
Vancouver-based Augusta Resource has delivered a full draft of the environmental impact statement for its Rosemont copper project to the US Forest Service - Coronado National Forest for internal review, the firm said on Tuesday. The draft EIS...By: Liezel Hill
16th November 2010
Advertisement
Topic Multimedia
Second Take: West Africa iron-ore
Resources Watch
US legislators visit Sasol mines to view new life-saving technology
Sasol to apply for Waterberg coal mining licence
Eskom calls for urgent ‘guidance’ on its role in energy plan
Sasol opens new R3.5bn coal shaft in Mpumalanga
Higher gold price needed to sustain mining – Gold Fields
Second Take: Mining investment
Resources Watch
Second Take: West Africa iron-ore 
Resources Watch 
US legislators visit Sasol mines to view new... 
Sasol to apply for Waterberg coal mining licence 
Eskom calls for urgent ‘guidance’ on its... 
Sasol opens new R3.5bn coal shaft in Mpumalanga 
Higher gold price needed to sustain mining –... 
Second Take: Mining investment 
Resources Watch 
Underground coal gasification has key role to play in Southern Africa
WDC hopes to resolve Zim diamonds issue at upcoming KP meeting
Anooraq focusing...
Tanzania's Jengo wants mine listings on African exchanges
Wits Gold plans...
London Mining...
Tungsten-miner...
Kebble R1bn unlocked as JCI/R&E/Investec/Letseng settle
Geovic confident on Cameroon cobalt project financing
Underground coal gasification has key... 
WDC hopes to resolve Zim diamonds... 
Anooraq focusing on doubling output... 
Tanzania's Jengo wants mine listings... 
Wits Gold plans to move De Bron into... 
London Mining expects iron-ore prices... 
Tungsten-miner Malaga mulls 2nd mill,... 
Kebble R1bn unlocked as... 
Geovic confident on Cameroon cobalt... 
Advertisement


















