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Hudbay

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years of consultations and studies, in August 2019 the U.S. District Court for the District of Arizona (“Court”) issued a ruling in the lawsuits challenging the U.S. Forest Service's issuance of the Final Record of Decision. As per the ruling, Hudbay was barred from proceeding with construction of the Rosemont project. As of 2020, Hudbay is in the process of appealing the decision.
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has stated with respect to the murder allegation "he allegations are very serious, and Amnesty International calls for a swift, full and impartial investigation into the death of Adolfo Ich Chamán and other incidents of violence, to make the results public and to bring those responsible to justice".
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On August 26, 2008, Hudbay Minerals announced the completion of a business combination with Skye Resources Inc. Skye Resources was renamed HMI Nickel, and was a subsidiary of Hudbay Minerals until Hudbay divested of the project through the sale of its interest in CGN to the Solway Group in September
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In January 2018, Hudbay acquired mining properties near its Constancia mine in southern Peru. In December of the same year, the company announced the acquisition of all remaining issued and outstanding common shares of Mason Resources. This acquisition gave Hudbay ownership of the Ann Mason project
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Hudbay bought Augusta Resource Corporation in June 2014 and with it, acquired its Rosemont copper project in Arizona. Hudbay received all permits required to build and operate the mine, with the final record of decision received in June 2017 and 404 Water Permit received in March 2019. Following 10
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company primarily producing copper concentrate (containing copper, gold, and silver) and zinc metal. Much of its history has centered on Flin Flon, Manitoba, where it has mined for over 90 years. Hudbay currently has operations in Manitoba and Peru, and is working towards building a copper mine in
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and railroad were in full operation. Eight years later, the company was listed on the New York Stock Exchange under the symbol HBM. In 1958, Hudbay opened its first mine in Snow Lake, 215 kilometres east of Flin Flon. Six years later, production began at Stall Lake Mine. In the 1960s, Hudbay also
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before shooting him in the head at close range in an unprovoked attack. An arrest warrant was issued for the Head of Security at the Fenix mine, Mynor Ronaldo Padilla Gonzáles. A non-governmental organization has referred to the murder as the "targeted killing of a well-known community leader."
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Throughout the 1970s and 1980s, Hudbay continued to mine and explore in and around Flin Flon and Snow Lake, discovering new deposits, such as Trout Lake and Chisel North, and starting production at new mines, like Anderson Lake. After more than 60 years in operation, in 1992, Hudbay closed its
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ruled that the Canadian company could be held legally responsible for crimes committed in Guatemala, including the alleged murder of Adolfo Ich Chamán and the alleged sexual assault of 11 women from Lote Ocho. A jury notice was filed in December 2013. As of February 2018, the court action was
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In 2019, Hudbay produced 137,179 tonnes of copper, 114,692 ounces of gold and 119,106 tonnes of zinc. The company reported that cash generated from operating activities decreased to $ 310.9 million from $ 479.6 million in 2018 and operating cash flow before change in non-cash working capital
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In Peru, Hudbay operates the Constancia mine, an open pit mine that achieved commercial production in 2015. The mine produces copper and molybdenum concentrates. Hudbay also owns Pampacancha, a high-grade satellite copper deposit located only four kilometres from the Constancia mine.
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In 2007, Hudbay located a significant zinc deposit near Snow Lake that became known as Lalor. The deposit also contained a large volume of gold, large enough to support its own mine. Initial production began in 2012 and the mine officially opened in September 2014.
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Pan American acquired all of OntZinc Corporation on March 12, 2002. Subsequently, the company renamed itself OntZinc Corporation on August 15, 2002. Upon acquisition of HBMS, the company renamed itself Hudbay Minerals Inc. on December 24, 2004.
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On 6 January 2021 the mine's ex-security chief, Mynor Ronaldo Padilla Gonzáles pleaded guilty and was convicted of Indigenous leader Adolfo Ich Chamán's murder. The mining firm is also accused of litany of abuses in Central America.
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Directly, and through its subsidiaries, Hudbay owns two polymetallic mines, and three ore concentrators in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States).
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That same year, Hudbay acquired the New Britannia mill from QMX Gold in Manitoba. Plans to refurbish the mill were shared by Hudbay in February 2019 as part of its updated plan to double gold production at Lalor.
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In March 2011, Hudbay acquired Norsemont Mining Inc. and its Constancia copper mine in Peru for $ 520 million. Construction on the mine began in August 2012 and commercial production commenced in April 2015.
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community leader at the Fenix Mining Project. The lawsuit alleges that on September 27, 2009, security personnel employed at the Fenix mine surrounded, beat and hacked at Adolfo Ich Chamán with
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On February 18, 2020, the community of Chilloroya formally approved a surface rights agreement with Hudbay for the Pampacancha satellite deposit located near the Constancia mine in Peru.
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Hudbay states that it and CGN have cooperated fully with all investigations conducted by Guatemalan authorities in connection with the incidents which occurred on September 27, 2009, in
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original Flin Flon mine; however, one year later, as a result of underground exploration, Hudbay discovered a substantial orebody that would become its flagship 777 mine in Flin Flon.
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decreased to $ 307.3 million from $ 501.4 million in 2018. The decrease is the result of lower copper sales volumes and lower margins mainly from lower realized base metal prices.
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that Hudbay must allow its shareholders to vote on the plan, the companies announced that the deal had been terminated after realizing it was unlikely to win shareholder support.
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in Guatemala is owned by Compañía Guatemalteca de Niquel (CGN), which was 98.2% owned by Hudbay Minerals from August 2008 to September 2011. The Fenix Project in eastern
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In late 2006 and early 2007, Skye Resources (acquired by Hudbay Minerals in 2008, renamed HMI Nickel and subsequently sold by Hudbay in 2011) sought forced
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in 1914. The first claim was registered in 1915. It took more than a dozen years to bring the mine into production because the huge, high grade
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In May 2020, Hudbay announced that it would be spending $ 115 million to refurbish its New Britannia Mill, expected to be completed in 2022.
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Hudbay owns two copper deposits in the United States, the Rosemont project, located in Arizona, and the Mason project, located in Nevada.
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Hudbay Minerals and two of its subsidiaries are subject to an ongoing $ 12 million lawsuit in Canada over the killing of a prominent
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In 2008, shortly after the Lalor deposit recovery, the corporate head office relocated to Toronto, Ontario from Winnipeg, Manitoba.
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On January 9, 2009, Hudbay Minerals suspended operations (and continue on care and maintenance) at Chisel North Mine in
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In March 2019, the company confirmed plans to shut down its operations in Flin Flon in the second quarter of 2022.
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of Mayan communities located on contested mine land. Homes were burned to the ground during these evictions.
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southern Arizona. The company also has exploration properties in Canada, Peru, Chile and the United States.
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Hill, Liezel (October 8, 2008). "Hudbay names Michael Winship new president and COO". Mining Weekly.
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In September 2022 Hudbay closed the 777 mine, along with all production operations in Flin Flon.
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body required large amounts of hydro energy, was isolated, and copper production required a
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On December 21, 2004, OntZinc Corporation acquired HBM&S for C$ 316 million from
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announced an agreement to merge. However, in February 2009, after a ruling by the
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in 2022, Hudbay currently operates a single underground mine in the province of
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Formidable Heritage: Manitobas North and the Cost of Development, 1870 To 1930
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gained a new major investor, Anglo America, a South African mining company.
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mine and process plant that has been on care and maintenance since 1980.
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Guatemalan widow's lawsuit against Hudbay could be precedent setting
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metal prices and increased costs, and restarted operations in 2010.
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Statement of Events, of September 27, 2009, El Estor, Guatemala
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Founded as Pan American Resources Inc., the company first went
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was discovered by David Collins, a local trapper, and shown to
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Controversy surrounding Hudbay's former Guatemalan operations
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With the closure of the 777 Mine and zinc plant located in
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OntZinc Corporation SCHEDULE "C" filing December 20, 2002
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Hudbay was also listed on the TSX under the symbol HBM.
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1927 (as Hudson Bay Mining and Smelting Co., Limited)
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Non-renewable resource companies established in 1996
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Non-renewable resource companies established in 1927
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The Fenix mining project is also subject to ongoing
1125:"Hudbay agrees to buy Lundin Mining, shares plunge" 198: 178: 168: 142: 132: 46:. Unsourced material may be challenged and removed. 1112:(Press release). HudBay Minerals. August 26, 2008. 1099:Ontzinc Corporation December 23, 2004 News Release 1300: 1298: 343:under the symbol PAN in the 3rd quarter of 1996. 1280:. Hudbayminerals.com. 2007-09-15. Archived from 1723:Companies listed on the New York Stock Exchange 1728:Companies listed on the Toronto Stock Exchange 1081:Pan American Resources Inc. 1996 Annual Report 869: 867: 8: 1718:Copper mining companies of the United States 565: 563: 411: 118: 679:"Hudbay Minerals Inc. - About Us - History" 605:"Hudbay Minerals Inc. - About Us - History" 1658:Website of Compañía Guatemalteca de Niquel 1576:"Violent Evictions at El Estor, Guatemala" 1166:. Canada Mining Journal. November 8, 2009. 117: 473:by local Mayan communities. In 2006, the 106:Learn how and when to remove this message 576:. Canada: University of Manitoba Press. 1000: 998: 705:Hudbay Minerals Inc. 2004 Annual Report 496: 1363:John Ahni Schertow (August 11, 2011). 1146:"HudBay, Lundin walk away from merger" 354:In November 2008, Hudbay Minerals and 1123:French, Cameron (November 21, 2008). 172:1996 (as Pan American Resources Inc.) 7: 1493:Lazenby, Henry (December 12, 2013). 397:and produces gold, zinc and copper. 44:adding citations to reliable sources 1386:Fresh as amended statement of claim 740:Naylor, Jonathan (August 2, 2017). 695:(Press release). December 21, 2004. 1388:chocversushudbay.com November 2010 1326:Lynch, Laura (November 30, 2012). 1144:Hill, Liezel (February 24, 2009). 230:Hudson Bay Mining and Smelting Co. 14: 1683:Nickel mining companies of Canada 1678:Copper mining companies of Canada 570:Mochoruk, Jim (January 1, 2004). 475:International Labour Organization 463:Ontario Superior Court of Justice 393:. The Lalor Mine is located near 124: 20: 1603:. Rights Action. Archived from 1582:from the original on 2021-12-21 31:needs additional citations for 1713:1996 establishments in Ontario 1703:1927 establishments in Ontario 1: 1551:"ILOLEX: English display cgi" 360:Ontario Securities Commission 1651:Caal v. HudBay Minerals Inc. 1647:Choc v. HudBay Minerals Inc. 1413:. Amnesty.ca. Archived from 430:is a substantial brownfield 258:Cornelius Vanderbilt Whitney 1411:"Media Centre | Index" 331:Pan American Resources Inc. 1754: 1693:Companies based in Toronto 1673:Mining companies of Canada 1461:February 10, 2012, at the 1338:Public Radio International 424:Fenix ferro-nickel project 415: 1733:Metal companies of Canada 1553:. Ilo.org. Archived from 1473:HudBay Minerals web site 1454:HudBay Minerals Web Site 123: 1601:"Evictions at El Estor" 1578:. YouTube. 2007-01-17. 1203:"Hudbay Minerals Peru" 523:www.hudbayminerals.com 507:. Fundinguniverse.com. 1278:"HudBay Minerals Inc" 448:Amnesty International 1539:. February 23, 2018. 1475:Correcting W5 Report 1308:. Cbc.ca. 2010-12-02 744:. Flin Flon Reminder 418:Fenix Nickel Project 281:Hudbay Minerals Inc. 211:Hudbay Minerals Inc. 119:Hudbay Minerals Inc. 40:improve this article 1367:. International Cry 1344:on December 4, 2012 1207:Hudbay Minerals Inc 1182:Hudbay Minerals Inc 829:Hudbay Minerals Inc 804:Hudbay Minerals Inc 779:Hudbay Minerals Inc 477:, an agency of the 367:Snow Lake, Manitoba 120: 1480:2012-02-03 at the 609:hudbayminerals.com 461:In June 2013, the 287:Anglo American plc 203:hudbayminerals.com 1444:. 7 January 2021. 341:Montreal Exchange 270:hydroelectric dam 260:(a member of the 236:Flin Flon orebody 213:is a diversified 208: 207: 116: 115: 108: 90: 1745: 1633: 1632: 1630:Official website 1616: 1615: 1613: 1612: 1597: 1591: 1590: 1588: 1587: 1572: 1566: 1565: 1563: 1562: 1547: 1541: 1540: 1529: 1523: 1522: 1521:. 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