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

Canada’s HudBay Minerals posted $4 mln loss on lower Zinc prices

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 purchased 9.5% stake in Hudbay Minerals

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 [...]

Indian Mining company purchased stake in Hudbay

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

New board, CEO at HudBay means more conservative approach

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

Hudbay’s CEO to discuss strategy in a conference today

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’s profits slashed, production fell

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

Lundon gives notice to Hudbay

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 Announces Proposed Business Combination

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    

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