Hudbay Minerals (HBM) Misses Q1 EPS by 4c

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Hudbay Announces First Quarter 2016 Results

April 28, 2016 5:00 PM EDT

TORONTO, ON -- (Marketwired) -- 04/28/16 -- HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM) (NYSE: HBM) today released its first quarter 2016 financial results. All amounts are in US dollars, unless otherwise noted.

Summary:

Over 150% growth in copper production compared to the first quarter of 2015 Continued ongoing cost reduction efforts and economies of scale resulting in consolidated cash cost, net of by-product credits, of $1.15 per pound and all-in sustaining cash cost, net of by-product credits, of $1.80... More