Hudbay Minerals Mining News

Hudbay completes acquisition of Mason Resources

The transaction was closed for about C$31 million.

Mining in Flin Flon Manitoba to cease in 2021—Hudbay

Up to 900 jobs will be eliminated.

Hudbay shrugs off investor concerns, buys Nevada copper junior

The miner has bought Mason Resources despite shareholder Waterton previously requesting a moratorium on any near-term acquisitions.

Hudbay Minerals investor calls special shareholder meeting

Private equity firm Waterton Global Resource Management, which now owns about 7 percent of Hudbay, called meeting after the Canadian base and precious metals refused a proposal for board changes.

Hudbay investor is said to seek changes to miner's board

Waterton Global Resource Management has expressed its concerns to Hudbay Chairman Alan Hibben, telling him that it would reserve the right to do anything it deemed necessary to improve the company’s performance, said sources.

Hudbay doesn’t deny rumours of interest in Chile’s Mantos Copper

The Chilean miner has been seeking a buyer for all or part of itself to raise $1 billion to dig for copper and gold in two of its mines in the country's north.

Southern Copper wins auction for massive Peru copper project

Rio Tinto, Teck Resources, Hudbay were among copper miners interested in $2 billion Michiquillay project in Peru.

Hudbay Minerals expands footprint in Peru

The miner’s local subsidiary has entered into an agreement to acquire mining properties in southern Peru near its Constancia copper mine.

Anti-mining groups force Hudbay to keep Peruvian operation suspended

Police are on the scene to maintain order, the firm said, adding that efforts continue to resolve the situation peacefully through talks.

Hudbay positioning itself for the next up cycle

With its Costancia mine now in full production, in Peru, Hudbay Minerals' COO talks about what's next.

Arizona court hands key legal victory to Hudbay’s Rosemont copper project

Air quality control permit yanked last year has been reinstated.

Canadian miners need stronger oversight abroad: Liberal MP McKay

The politician is calling for stricter oversight of mining companies abroad after a New York Times front-page story over the weekend shone a spotlight on a Canadian mining company accused of serious crimes in Guatemala.

HudBay’s offer for Augusta finally given the nod

The deal gives HudBay control over the Rosemont project in Arizona, which has the potential to become the US’ third largest copper mine.

Wild cat rips apart plans for giant Arizona copper mine

Vancouver firm's timeline to build 3rd largest US copper mine in doubt after sighting of endangered ocelot restarts permit consultations amid bitter takeover fight.

Battle royal over US copper mine

The takeover battle for an Arizona mine that's not even permitted but has the potential to transform the US copper industry is turning into a humdinger.

HudBay Minerals reports Q1 loss

The company stated this decrease was primarily due to lower sales volumes and lower copper prices compared to the first quarter of 2013.

HudBay target Augusta says it's got nine potential buyers

Company says 'significant industry players' are among them.

VMS Ventures expects full production this spring at its Reed Copper Mine

"This means we are looking for projects"

Hudbay plans big production boost in 2014 as two Canadian mines move toward commercial production

The company also announced is capital expenditure forecasts, earmarking $1 billion for capital investment.

A buyer's perspective: VMS Ventures

"Not a lot of money has gone to mining in 2012, and I don't see it brightening up quickly."