Hudbay Provides Annual Reserve and Resource Update with Mine Life Extensions and Improved ThreeYear Production Outlook
News Source : Financial Post
News Summary
- Hudbay Minerals Inc. (TSX, NYSE: HBM) today released its annual mineral reserve and resource update and issued new three-year production guidance.
- Consolidated copper production is expected to increase by 24%, complemented by continued strong gold exposure.
- The expected mine life of Constancia is now until 2040 as mill throughput rates will increase to more than 90,000 tonnes per day starting in the second half of 2026 with the installation of two pebble crushers.
Copper World has an initial mine life of 20 years and is one of the highestgrade open pit copper projects in the Americas with proven and probable mineral reserves of 385 million tonnes at 0.54% cop [+38491 chars]
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