Hudbay Minerals (TSE:HBM) has released an update.
Hudbay Minerals Inc. has reported a robust annual mineral reserve and resource update, projecting a 16% increase in copper production to an average of 153,000 tonnes yearly over the next three years, along with an average gold production of 272,500 ounces, signaling strong performance in the Americas. The company’s acquisition of Copper Mountain has solidified its position as a top copper and gold producer in Canada. Additionally, advances in exploration and development projects, such as the extension of Constancia’s mine life to 2041 and ongoing exploration near Snow Lake, underscore Hudbay’s commitment to growth and environmental sustainability.
For further insights into TSE:HBM stock, check out TipRanks’ Stock Analysis page.
