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Stock impact report

Hudbay Announces Pampacancha Surface Rights Agreement

Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM) 
Last hudbay minerals inc. ordinary shares (canada) earnings: 2/20 05:35 pm Check Earnings Report
Company Research Source: GlobeNewswire
TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced the community of Chilloroya has formally approved a surface rights agreement with Hudbay for the Pampacancha satellite deposit located near the Constancia mine in Peru. With the completion of this agreement, the company expects to be mining ore from the deposit in late 2020. “We are very pleased to have reached a Pampacancha agreement with the community,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “I have been impressed with the team’s work and appreciate the years of effort to achieve this goal. Pampacancha adds high-grade copper and gold ore into the Constancia mine plan, lowering future cash costs for the mine and increasing operating cash flows at Constancia. Not only was Constancia one of the best project development and production ramp-up successes of recent project builds, Constancia is also one of the lowest cost open pit co Show less Read more
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