TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) today announced that the Company has sold 1,000,000 common shares (the "Common Shares") of American Copper Development Corporation ("American Copper") at a price of C$0.1607 per Common Share for aggregate consideration of C$160,710 (the "Transaction") and has filed an early warning report in respect of the Transaction. Immediately prior to the Transaction, Hudbay held 1,979,319 Common Shares of American Copper, which represented approximately 10.7% of American Copper's currently issued and outstanding Common Shares. Following closing of the Transaction, Hudbay will own 979,31

Increases Hudbay's exposure to a long-life, high-quality copper asset in Canada, a tier-1 mining jurisdictionLow upfront and deferred cash consideration in a transaction which is accretive to Hudbay's net asset value per shareCopper Mountain is expected to produce 60,000 tonnesi of copper by 2027, a greater than 125% increase over 2024 and a 200% increase from 2024 production levels attributable to HudbayIncreases Hudbay's attributable copper production from Canada and reinforces its position as the second largest copper producer in CanadaiiHudbay intends to further invest in Canada's copper and critical minerals sector through the ongoing optimization program at Copper Mountain and the adva

TORONTO, March 27, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") (TSX, (TSX, NYSE:HBM) today released its annual mineral reserve and resource update and issued new three-year production guidance. All amounts are in U.S. dollars, unless otherwise noted. Affirmed 2025 production guidance and issued new 2026 and 2027 production guidance, demonstrating strong copper and gold production from Hudbay's stable operating platform with three long-life operations in tier-one mining jurisdictions in the Americas.Consolidated copper production is expected to average 144,000i tonnes per year over the next three years, maintaining stable production levels from 2024. Conso

TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its fourth quarter and full year 2024 financial results, and announced 2025 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Hudbay delivered record financial performance and a transformed balance sheet in 2024, driven by the achievement of consolidated production guidance for all metals with gold production significantly exceeding the top end of the guidance range and the outperformance of

TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) senior management will host a conference call on Wednesday, February 19, 2025 at 11:00 a.m. ET to discuss the company's fourth quarter and full year 2024 results, as well as full year 2025 production and cost guidance.  Fourth Quarter and Full Year 2024 Results Conference Call and Webcast Date:Wednesday, February 19, 2025Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814   Hudbay plans to issue a news release containing the fourth quarter and full year 2024 results and 2025 production and cost guidance before the market open on Wednesday, February 19

TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) is pleased to announce that it has surpassed a total of one million ounces of gold produced at its Lalor Mine in Snow Lake, Manitoba. This milestone reinforces the significant value Hudbay has unlocked by combining its exploration expertise, processing infrastructure and operating efficiency to maximize gold production at its Snow Lake operations. "We are so pleased with the dedication and hard work of the Manitoba operating team that has led to this outstanding achievement," said Peter Kukielski, President and Chief Executive Officer. "This milestone underscores Lalor's robus

Arizona Sonoran Copper Company Inc. (TSX:ASCU, OTCQX:ASCUF) ("ASCU" or the "Company") is pleased to announce that Hudbay Minerals Inc. ((TSX, NYSE:HBM) ("Hudbay") has agreed to subscribe for 11,852,064 common shares of the Company ("Common Shares") in a non-brokered private placement ("Private Placement") at a price of C$1.68 per Common Share (the "Issue Price") for total consideration of C$19,911,467. Closing is expected to occur on or about January 30, 2025, subject to certain customary closing conditions. Proceeds of the Private Placement are to be allocated to drilling, exploration, technical studies and advancement of the Cactus copper project in Arizona ("Cactus" or the "Project"), an

TORONTO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) is pleased to announce that it has received an Air Quality Permit for the Copper World project ("Copper World") from the Arizona Department of Environmental Quality ("ADEQ"). The issuance of this permit is a significant milestone in the advancement of the project as it is the final major permit required for the development and operation of Copper World. Copper World is expected to produce 85,000 tonnes of copper per year over an initial 20-year mine life. All amounts are in U.S. dollars, unless otherwise noted. "With the receipt of the Air Quality Permit for Copper World, we f

TORONTO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) today announced plans for the transition of the Chair of the company's Board of Directors. Stephen A. Lang has stepped down as Chair of the Board due to health reasons. David S. Smith, current independent director, has been appointed Chair of the Board, effective January 1, 2025. Mr. Lang, who was appointed Chair in October 2019, will remain on the Board as an independent director. "On behalf of the Board, we want to express our deep appreciation to Stephen Lang for more than five years of dedicated service as Chair and his support for the Corporate Governance and Nominating C

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its third quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Our enhanced operating platform delivered strong operating and financial results with record gold production in Manitoba and robust cost control across the business leading to expanded margins," said Peter Kukielski, President and Chief Executive Officer. "The third quarter demonstrated Hudbay's unique copper and gold diversification, providi

Desjardins initiated coverage of Hudbay Minerals with a rating of Buy

Jefferies upgraded Hudbay Minerals from Hold to Buy

Jefferies initiated coverage of Hudbay Minerals with a rating of Hold

BofA Securities upgraded Hudbay Minerals from Neutral to Buy and set a new price target of $9.00

Stifel resumed coverage of Hudbay Minerals with a rating of Buy

Barclays upgraded Hudbay Minerals from Equal Weight to Overweight

Stifel resumed coverage of Hudbay Minerals with a rating of Buy

Barclays downgraded Hudbay Minerals from Overweight to Equal Weight

Barclays upgraded Hudbay Minerals from Equal Weight to Overweight

National Bank Financial downgraded Hudbay Minerals from Outperform to Sector Perform

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Issues Open Letter to Fellow Shareholders Regarding the Need for Boardroom Change Following Years of Underperformance Launches www.ABetterPathforCandC.com to Share Views with Respect to the Company and Communicate with Stakeholders Engine Capital LP today issued the below letter regarding its decision to nominate two highly qualified candidates for election to the Board of Directors of C&C Group Plc (LSE: CCR) at the 2024 Annual General Meeting. *** Fellow Shareholders: Engine Capital LP (together with its affiliates, "Engine" or "we") is a sizable long-term shareholder of C&C Group Plc ("C&C" or the "Company"), with ownership of just under 5.0% of the Company's outstanding shares

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) is pleased to announce the appointment of Andre Lauzon as its Senior Vice President and Chief Operating Officer, effective January 4, 2022. He replaces Cashel Meagher, Senior Vice President and Chief Operating Officer, who has provided notice that he will be leaving the company to pursue other interests. Mr. Lauzon, who is currently the Vice President of Hudbay's Arizona Business Unit, has been working closely with Mr. Meagher over the past several years on key growth projects in Manitoba and Arizona and his appointment ensures a seamless transition in accordance with the company's

NEW YORK, Nov. 23, 2021 /PRNewswire/ -- Last week, US President Joe Biden unveiled one of the largest infrastructure plans in U.S. history. The bipartisan approval targets up to $1.2 trillion in funding, including $550 billion in new investments for bridges, airports, the nation's waterways and policies, transit, and more. Much of the bill targets electrification for infrastructure, buildings, and fleets of government vehicles. In addition to financing renewable energy, the infrastructure bill also provides $7.5 billion for electrification of public transport and an additional $7.5 billion for charging stations for electric vehicles (EVs), which is expected to drive demand for industrial met

TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its fourth quarter and full year 2024 financial results, and announced 2025 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Hudbay delivered record financial performance and a transformed balance sheet in 2024, driven by the achievement of consolidated production guidance for all metals with gold production significantly exceeding the top end of the guidance range and the outperformance of

TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) senior management will host a conference call on Wednesday, February 19, 2025 at 11:00 a.m. ET to discuss the company's fourth quarter and full year 2024 results, as well as full year 2025 production and cost guidance.  Fourth Quarter and Full Year 2024 Results Conference Call and Webcast Date:Wednesday, February 19, 2025Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814   Hudbay plans to issue a news release containing the fourth quarter and full year 2024 results and 2025 production and cost guidance before the market open on Wednesday, February 19

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its third quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Our enhanced operating platform delivered strong operating and financial results with record gold production in Manitoba and robust cost control across the business leading to expanded margins," said Peter Kukielski, President and Chief Executive Officer. "The third quarter demonstrated Hudbay's unique copper and gold diversification, providi

TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Wednesday, November 13, 2024 at 11:00 a.m. ET to discuss the company's third quarter 2024 results. Third Quarter 2024 Results Conference Call and Webcast Date:Wednesday, November 13, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814 Hudbay plans to issue a news release containing the third quarter 2024 results before market open on Wednesday, November 13, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay

TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Tuesday, August 13, 2024 at 11:00 a.m. ET to discuss the company's second quarter 2024 results. Second Quarter 2024 Results Conference Call and Webcast Date:Tuesday, August 13, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814  Hudbay plans to issue a news release containing the second quarter 2024 results before market open on Tuesday, August 13, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hud

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its first quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "We delivered another consecutive quarter of strong operational and financial performance with steady free cash flow generation and further debt reduction," said Peter Kukielski, President and Chief Executive Officer. "These results demonstrate the strength of our diversified operating base, with continued contributions from the high-grade Pamp

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Tuesday, May 14, 2024 at 11:00 a.m. ET to discuss the company's first quarter 2024 results. First Quarter 2024 Results Conference Call and Webcast Date:Tuesday, May 14, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-416-764-8650 or 1-888-664-6383Additional Dial-in Hudbay plans to issue a news release containing the first quarter 2024 results before market open on Tuesday, May 14, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay

TORONTO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its fourth quarter and full year 2023 financial results, and announced 2024 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. Delivering Record Fourth Quarter and Full Year Operating and Financial Results Achieved record quarterly and annual revenue of $602.2 million and $1,690.0 million, respectively, with strong consolidated copper production of 45,450 tonnes and record consolidated gold produc

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Friday, February 23, 2024 at 11:00 a.m. ET to discuss the company's fourth quarter 2023 results. Fourth Quarter 2023 Results Conference Call and Webcast Date:Friday, February 23, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-416-764-8650 or 1-888-664-6383RapidConnect Hudbay plans to issue a news release containing the fourth quarter 2023 results before market open on Friday, February 23, 2024 and post it on the company's website. An archived audio webcast of the call also will be available on Hudbay's website. About Hudbay H

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its third quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Delivering Record Third Quarter Operating and Financial Results Achieved record quarterly revenue of $480.5 million with strong consolidated copper production of 41,964 tonnes and record quarterly consolidated gold production of 101,417 ounces as higher grades from the Pampacancha deposit in Peru and the Lalor mine in Manitoba were realized together with the first full quarter of Copper Mountain production for Hudbay.Reaffirmed full year 2023 production, cash cost and

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