Stocks in play: Hudbay Minerals Inc.
Today released its annual mineral reserve and resource update and issued new three-year production guidance. Consolidated copper production is expected to average 153,000 tonnes per year over the next three years, representing a 16% increase from 2023 and demonstrating Hudbay’s strong and stable operating portfolio with three long-life operations in tier-one mining jurisdictions in the Americas. Strong complementary gold exposure with consolidated gold production expected to average 272,500 ounces per year over the next three years, reflecting strong production in Manitoba and a contribution from Pampacancha high grade gold zones Hudbay Minerals Inc. shares T.HBM are trading down $0.01 at $9.37.
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