HudBay announces restart of Manitoba mine, concentrator

TSX-listed Hudbay Minerals will restart its Chisel North mine and concentrator in Snow Lake, Manitoba, effective immediately, at a capital cost of about C$7-million, the company announced on Friday. The operations will ramp up to full production, likely by the second quarter of 2010, and will provide some 30 000 t/y of zinc concentrate feed [...]

Land dispute threatens Guatemala nickel project

Protests are threatening a $1-billion nickel project in Guatemala and clashes over land rights have killed a man, putting one of Central America’s biggest mineral investments in limbo. The Fenix project in the town of El Estor, which looms over the banks of Guatemala’s biggest lake, has world-class nickel reserves and Canada’s HudBay Minerals aims [...]

HudBay reports protests near Guatemala project

Violent protests broke out this weekend over attempts to persuade people living illegally on property belonging to HudBay Minerals’ Fenix project, in Guatemala, to relocate. "A majority of local families have complied with the resettlement agreement but a few continue to illegally occupy CGN property," HudBay said in a statement on Tuesday. Read more….

HudBay pursues output at Lalor as ‘highest priority’, finds new copper/gold zone

Canada’s HudBay Minerals has had some significant copper and gold drill hole intersections at its Lalor deposit, in Manitoba, and believes it has found a new copper/gold-rich zone of mineralisation, the firm announced on Tuesday. The Lalor deposit is located near HudBay’s Snow Lake concentrator, and CEO Peter Jones said he plans to move the [...]

Hudbay Minerals may be looking for buyer – or may be on acquisition trail

Hudbay Minerals hares rose 6.3 percent as a newspaper report said the company was considering options, including sale as it hires bank to examine options. Read more….

HudBay Minerals profit drops

More bad news on the heels of a collapsed bid for Lundin Mining as HudBay reports drop in net profit. Read more….