Latest news with #HudbayMinerals
Yahoo
a day ago
- Business
- Yahoo
Hudbay Minerals (HBM) Taps Local Firms For Copper World Feasibility Study
Hudbay Minerals Inc. (NYSE:HBM) is one of the best high growth stocks. Copper World, a subsidiary of Hudbay Minerals Inc., announced on June 11 that multiple local firms will partake in feasibility studies and support the initial phases of development for the Copper World project. This development represents a critical step in progressing one of Southern Arizona's most significant and fully permitted mining ventures, with substantial implications for regional economic growth. The project team includes experienced firms such as Arizona-based Sundt Construction and M3 Engineering, along with others that bring expertise in mine design, infrastructure, processing, and environmental management, with many having prior experience in Southern Arizona and strong connections to the local workforce. Mark Agnor/ This project follows an integrated delivery model, where engineers, builders, and technical experts work closely together from the beginning. This teamwork helps with better planning, reduces risks, and makes the whole process run more smoothly from start to finish. Copper World Inc., along with local union building trades, has committed to building the Copper World mine near Tucson, aiming to boost local jobs and economic growth. Over its 20-year span, the project is expected to generate over $850 million in US taxes and create thousands of direct and indirect jobs. Copper World plans to locally process copper, cutting emissions and supporting the US supply chain for critical minerals. Hudbay Minerals Inc. (NYSE:HBM) is a diversified Canadian mining company engaged in the exploration, development, and optimization of copper, gold, silver, zinc, and molybdenum concentrates across the Americas. While we acknowledge the potential of HBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Sign in to access your portfolio
Globe and Mail
18-07-2025
- Business
- Globe and Mail
Hudbay to Host Conference Call for Second Quarter 2025 Results
TORONTO, July 18, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ('Hudbay' or the 'Company') (TSX, NYSE: HBM) senior management will host a conference call on Wednesday, August 13, 2025 at 11:00 a.m. ET to discuss the Company's second quarter 2025 results. Hudbay plans to issue a news release containing the second quarter of 2025 results before the market open on Wednesday, August 13, 2025 and post it on the Company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay's operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum. Hudbay's growth pipeline includes the Copper World project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The value Hudbay creates and the impact it has is embodied in its purpose statement: 'We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities.' Hudbay's mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations.
Yahoo
18-07-2025
- Business
- Yahoo
Hudbay to Host Conference Call for Second Quarter 2025 Results
TORONTO, July 18, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ('Hudbay' or the 'Company') (TSX, NYSE: HBM) senior management will host a conference call on Wednesday, August 13, 2025 at 11:00 a.m. ET to discuss the Company's second quarter 2025 results. Second Quarter 2025 Results Conference Call and Webcast Date: Wednesday, August 13, 2025 Time: 11:00 a.m. ET Webcast: Dial in: 1-833-752-3516 or 647-846-8185 Hudbay plans to issue a news release containing the second quarter of 2025 results before the market open on Wednesday, August 13, 2025 and post it on the Company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay's operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum. Hudbay's growth pipeline includes the Copper World project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The value Hudbay creates and the impact it has is embodied in its purpose statement: 'We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities.' Hudbay's mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations. For further information, please contact: Candace BrûléVice President, Investor Relations, Financial Analysis and External Communications(416) in to access your portfolio
Yahoo
14-07-2025
- Business
- Yahoo
MMG and Hudbay warn of impact from informal miners' protests in Peru
MMG's Las Bambas mine and Hudbay Minerals' Constancia mine, Peru's top copper producers, have issued warnings of potential production disruptions due to ongoing protests by informal miners, as reported by Reuters. Peru, the world's third-largest copper producer, exports the majority of its copper to China. Las Bambas is Peru's fourth-largest copper mine, producing over 320,000 tonnes (t) in 2024, while Constancia ranks ninth with 99,000t. The protests, which have been blocking a major transit route since late June 2025, have prompted executives from both companies to meet Peru's cabinet chief, Eduardo Arana. The demonstration is part of a wider movement calling for the Peruvian government to prolong the deadline for the legalisation of informal mining operations. The protests have affected logistics across the country, including in the gold mining region of Pataz, and are expected to cause a 0.2% drop in Peru's gross domestic product (GDP) for July 2025, according to its central bank. Arana expressed his commitment to fostering dialogue between companies and communities, although no details on the protests or their potential impact on copper output were provided in his statement. Despite the unrest, Peruvian officials are determined to end the temporary REINFO programme, which aimed to formalise informal mining, by the end of the year. The programme has faced criticism for enabling illegal mining that damages the environment, and informal miners have protested several times over its extension. A source who attended a meeting with MMG and Hudbay executives and Peru's cabinet chief expressed increasing concern over the roadblocks preventing copper-laden trucks from reaching the coast. "Large vehicles that supply and transport the mineral cannot pass," the source said. "Both companies are still operating, but they mentioned that if the situation continues for much longer, it could become complicated." Gold mining operations are also suffering in the northern region of Pataz. Poderosa's corporate affairs head, Pablo de la Flor, reported that the blockades have significantly impacted their operations: "The mining companies in Pataz are severely affected. We're now almost without food and basic supplies to operate." However, Glencore's Antapaccay copper mine, which shares the transit route, has not reported any production issues. "MMG and Hudbay warn of impact from informal miners' protests in Peru" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Forbes
12-07-2025
- Business
- Forbes
Copper Stocks After The Trump Tariff On The Metal: Up Then Down
Copper Copper stocks backed off slightly this week after hitting new 2025 highs last week following President Trump announcement that he would be imposing tariffs on the metal. Whether his copper tariff will remain in place is a question given the number of times Trump has flip-flopped on tariffs of various kinds. That the metal – and the stocks -- could not hold the new highs likely failed to surprise metals markets experts. Morgan Stanley analysts on Tuesday said prices could go up as the cost of bringing copper into the US increases, but that it was likely to be a short-term rise as domestic inventory grows. 3 Copper Stocks and A Copper ETF: Up, Then Down A Bit Freeport-McMoRan Freeport-McMoRan daily price chart, 7 12 25. This is the big copper stock followed by the institutions and the hedge funds. If a copper stock is needed in the portfolio, this is the first one that gets looked at. Market capitalization is $66.58. The price-earnings ratio is 38. The debt-to-equity ratio is .53. Freeport pays a 1.29% dividend. You can see the new 2025 high came in early July after Trump's announcement and the volume bar shows heavy buying. Note that the 50-day moving average is now crossing above the 200-day moving average for the first time this year, a confirmation of the strength despite the selling since the high. Hudbay Minerals Hudbay Minerals daily price chart, 7 12 25. This Toronto-based miner has a market cap of $4.14 billion. This year's earnings are up by 49%. The price-earnings ratio is 27 and the debt-to-equity ratio is .45. The company pays a dividend of .17%. BMO Capital Markets in April resumed coverage of the stock with an 'outperform' rating. Hudbay Minerals in June broke above the February high of near $9.75 and kept going higher. The peak in early July at just above $11 came with the tariffs-on-copper news. The price has dipped to $10.48 since then as some sellers took advantage of the price pop. The 50-day moving average in late June crossed above the 200-day. Southern Copper Southern Copper daily price chart, 7 12 25. Market cap is $81 billion. The company has corporate offices in Mexico, Peru and Arizona. Earnings this year are up by 10.20% and up over the past five years by 18%. The stock trades with a price-earnings ratio of 22.69. The debt-to-equity ratio is .83. Southern Copper offers investors a 3.13% dividend. The price in early July slid from the peak of $109 to the present $101.61 – from the tariff news to the assessment of it. This recent high failed to make it above the November 2024 high. The 50-day moving average is trending upward but has yet to cross above the 200-day moving average – almos there. Global X Copper ETF Global X Copper Miners ETF daily price chart, 7 12 25. This fund has 40 holdings of copper stocks. Net assets come to $2.03 billion. The ETF is designed by Global X to provide a broad, diversified group of stocks in the sector. The largest position is First Quantum Minerals, a Canadian miner traded on the Toronto Exchange. The second largest is Freeport-McMoRan. It's a positive that the 50-day moving average at the beginning of July crossed above the 200-day moving average. The volume was heavy at the time of the tariff news -- a probable confirmation of strength – and it has waned as the selling came in a few days later. Stats courtesy of Charts courtesy of No artificial intelligence was used in the writing of this post. More analysis and commentary at
