Hudbay Minerals

  • Hudbay restarts Snow Lake after wildfire evacuation; full output targeted by early September
    August 29, 2025

    Hudbay restarts Snow Lake after wildfire evacuation; full output targeted by early September

    BY John Davis
    Hudbay Minerals, copper-focused miner, and Manitoba authorities have cleared a staged restart of operations at Snow Lake after the Manitoba Wildfire Service and the Town of Snow Lake lifted a mandatory evacuation order on August 22. Hudbay said inspections found no structural damage to surface infrastructure; milling at New Britannia resumed on August 26 and...
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  • April 1, 2025

    Hudbay Minerals Acquires Remaining Stake in Copper Mountain Mine

    BY Lara Browne
    Hudbay Minerals has secured a $44.25 million deal to acquire Mitsubishi Materials’ 25% stake in the Copper Mountain mine in British Columbia. The acquisition consolidates Hudbay’s ownership of the asset, positioning the company as a major copper producer in Canada. Hudbay will pay $4.5 million upfront, with deferred and contingent payments potentially reaching $39.75 million....
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