Hudbay Minerals ( (TSE:HBM) ) has shared an update.
Hudbay Minerals has released its annual mineral reserve and resource update, along with a three-year production outlook. The company expects stable copper production, averaging 144,000 tonnes annually, with a significant increase projected for 2027 due to optimization efforts at Copper Mountain. Gold production is also expected to remain strong, with contributions from high-grade zones in Peru. Hudbay’s exploration efforts in Snow Lake and Peru aim to extend mine life and increase production, while feasibility studies for the Copper World project in Arizona are underway. The company’s strategic moves and robust asset base are set to enhance its production profile and stakeholder value.
More about Hudbay Minerals
Hudbay Minerals Inc. is a mining company operating in the Americas, focusing on copper and gold production. The company has long-life operations in tier-one mining jurisdictions, with a strong emphasis on exploration and production growth.
YTD Price Performance: -0.49%
Average Trading Volume: 6,813,315
Technical Sentiment Signal: Sell
Current Market Cap: $3.17B
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