HudBay Minerals have restarted Chisel Mine-CEO
HudBay Minerals could restart its Chisel North zinc mine in Manitoba if the metal’s price rise another 10 or 15 percent from its current level. For full story, click here
HudBay Minerals could restart its Chisel North zinc mine in Manitoba if the metal’s price rise another 10 or 15 percent from its current level. For full story, click here
Canadian base-metals producer HudBay Minerals announced that it has posted a C$4-million net loss for the first quarter of 2009, compared with C$216-million profit a year earlier. For full story, click here
Vedanta Resources has purchased a 9.5% equity stake in Canada’s Hudbay Minerals for an undisclosed amount. The equity stake was bought by Vedanta’s unlisted unit Lakomasko BV, which is based in Amsterdam. Vedanta spokesman Robin Walker stated: They do control that stake. It Lakomasko is an organisation that is controlled by Vedanta Resources. For full [...]
An Indian mining company purchased almost 10 percent of HudBay Minerals Inc., the Canadian zinc and copper producer that is evaluating its strategic options. For full story, click here
A new board and chief executive at HudBay Minerals Inc. could mean a more conservative approach to the miner’s business as well as a potential payout for shareholders. For full story, click here
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 [...]
HudBay Minerals Inc.’s earnings slipped 44.4 percent in the fourth quarter owing to slash in zinc prices that ate into revenue. For full story, click here
Lundin Mining Corporation today announced that it has provided notice to HudBay Minerals Inc. of breaches of certain representations and warranties and non-fulfilment of certain conditions in the arrangement agreement dated November 21, 2008 between HudBay and Lundin Mining that entitle Lundin Mining to terminate the agreement. For full story, click here
HudBay Minerals Inc. and Skye Resources Inc. announced that they have entered into a definitive agreement to combine their respective businesses. For full story, click here
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