Hudbay Minerals (HBM) Reports Q2 Loss of $0.21/Share

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Go back to Hudbay Minerals (HBM) Reports Q2 Loss of $0.21/Share

Hudbay Announces Second Quarter 2019 Results

August 8, 2019 5:35 PM EDT

Delivered a solid operating quarter, which included record mine production at Lalor and record throughput at the Stall concentrator777 and Lalor ore mined increased by 35% and 21%, respectively, in the second quarter of 2019 compared to the same period in 2018Second quarter 2019 results are on track to meet all production and cost guidance for 2019Following the previously announced U.S. court decision suspending construction work at Rosemont, Hudbay intends to appeal the decision and is evaluating options for advancing the projectAnnounced an initial National Instrument ("NI") 43-101 resource estimate for the recently discovered zinc-rich 1901 deposit near... More