HBM

Hudbay Minerals Inc. operates as a diversified mining company focused on the discovery, production, and marketing of base and precious metals in North America and South America. Headquartered in Toronto, Canada, the company was founded in 1927 and employs approximately 4,500 people across its operations. Hudbay's primary products include copper, zinc, and gold, with molybdenum, silver, and other metals as by-products. The company operates three polymetallic mines: the Constancia mine in Cusco, Peru; the Snow Lake operations in Manitoba, Canada (including the Lalor mine and New Britannia mill); and the Copper Mountain mine in Arizona, United States. Hudbay also owns the Copper World project in Arizona and maintains an active exploration program across its portfolio. The company's business model centers on extracting and processing ore through conventional open-pit and underground mining methods, with production sold to smelters and refiners globally. In recent years, Hudbay has focused on optimizing its existing operations, advancing the Copper World project toward development, and strengthening its balance sheet. The company produced approximately 155,000 tonnes of copper and 98,000 ounces of gold in 2023. Hudbay is publicly traded on the Toronto Stock Exchange and the New York Stock Exchange, maintaining a mid-tier position among diversified mining companies with a strategic focus on copper-gold assets in stable jurisdictions.