Hudbay Minerals

  • 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....
    READ MORE