Hudbay Minerals (HBM) Reports Q4 Loss Per Share of $1.09

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Hudbay Announces Fourth Quarter 2015 Results

February 24, 2016 5:13 PM EST

TORONTO, ON -- (Marketwired) -- 02/24/16 -- HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM) (NYSE: HBM) today released its fourth quarter 2015 financial results. All amounts are in US dollars, unless otherwise noted.

Summary:

2016 planned capital spending and operating expenses reduced by over $100 million compared to 2016 guidance, with no impact on production guidance. Commitments in place for credit facility amendments to provide more flexible financial covenants and extend all principal repayments to 2019, deferring $53.4 million in 2016 scheduled... More