HBM News and Press, Hudbay Minerals Inc. From 06/22/22

Copper prices plunged to their lowest level in more than a year on Wednesday, succumbing to concerns that rapid rate hikes may tank the global economy into recession while China continues its strict zero-COVID policy, hurting demand for metals. In pre-market trading, Freeport McMoRan (NYSE:FC...

TORONTO, June 22, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced that mining activities at the company’s 777 mine in Flin Flon, Manitoba, have concluded after the reserves were depleted f...

Copper's outlook is under threat from various risks that threaten to undermine the metal's prospects, including "the possibility of lower GDP or industrial production triggered by geopolitical risks, high inflation becoming more embedded in the economy, or the effects of COVID-19 lasting...

Copper and other industrial metals fell again on Friday, as renewed COVID-19 restrictions in China threaten to derail the economy's reopening. Three-month copper (HG1:COM) on the London Metal Exchange fell slightly to $9,583.50/metric ton after dropping 1.2% in the previous session, while LME...

Palm Beach, FL – June 9, 2022 – FinancialNewsMedia.com News Commentary – While Gold always seems to be in the spotlight, some other metals will also be important in 2022.  Copper, Silver, Zinc, Lithium, Nickel and Lead should also be in investor’...

Copper prices fell in early London trading on Thursday, as the renewal of some lockdown restrictions in China spark demand concerns, even as government data showed a faster than expected pickup in Chinese exports. Three-month copper (HG1:COM) on the London Metal Exchange -1.1% to $9,622/metri...

Hudbay Minerals (NYSE:HBM) unveiled Tuesday a "robust" preliminary economic assessment for the Copper World Complex in Arizona, which includes the recently discovered Copper World deposits along with the Rosemont deposit. Hudbay (HBM) said its two-phase mine plan has an after-tax net present ...

The TSX recently announced the launch of a new index: the S&P/TSX Battery Metals Index. The idea is to group together Canadian businesses engaged in the mining, processing, and distribution of metals (like nickel, cobalt, copper, etc.) used in the batteries, predominantly for EVs. I...

Two-phase mine plan has an after-tax net present value (10%) of $1,296 million and generates an 18% internal rate of return at $3.50 per pound copper 1 Phase I reflects a standalone operation on private land and patented mining claims over a 16-year mine life with average an...

TORONTO, June 02, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced the release of its integrated annual and sustainability report (“Annual Sustainability Report”). The Annual Sustain...