Hudbay’s CEO to discuss strategy in a conference today

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Mon, Mar 16, 2009
Zinc Company News
Post by Melissa Pistilli, Zinc Senior Reporter

Newly appointed interim HudBay CEO Colin Benner has scheduled a conference call today for discussing the company’s strategy and answer questions regarding his recent appointment as chief executive of the embattled Canadian zinc miner.

The officials of the company stated:

Hudbay’s strategy is to reopen Chisel North in several years at what are expected to be higher zinc prices, and eventually transition the Chisel North workforce at the time to Lalor to facilitate a smooth ramp-up of Lalor. Similarly, development of Lalor will support the addition of a copper recovery circuit at the Snow Lake concentrator, thereby enhancing the economics of mining at Chisel North.

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