2019 Financial Performance
Throughout 2019, Hudbay drew upon our strengths across the mining lifecycle and upon our focus on continuous improvement, to deliver reliable operating results. Along with achieving full-year production and unit cost guidance in both Peru and Manitoba, we stayed on track for meeting our copper production guidance for the fifth consecutive year. Our focus in 2020 will be on implementing low-risk, quick-return investments – in exploration, infrastructure and operational efficiency – targeted at or near to our existing assets. We have committed $25 million to exploration in the coming year.