In more than 90 years of operating, across every stage of the mining cycle, we have built diverse strengths and a diverse, resilient team that are the foundation of success for Hudbay.
Our vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas.
Hudbay is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Chumbivilcas (Peru), and copper projects in Arizona and Nevada (United States). The Company is governed by the Canada Business Corporations Act, and its shares are listed under the symbol “HBM” on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima.
“Hudbay is a pure-play copper company, though we welcome the opportunities created by the other metals we mine. We have been in business for over 90 years, and our experience encompasses every stage of the mining lifecycle. Beginning in northern Manitoba, we now have assets across the Americas and an unsurpassed record for creating lasting value as an operator of long-life, low-cost mines.”Read CEO Message
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 every year for the past five years. We started 2020 with a primary focus on realizing the low-risk, quick-return opportunities available at or near our existing assets. However, COVID-19 has raised new challenges in a global political and business environment that continues to change as this report is written.
2019 Sustainability Performance
Critical to Hudbay’s success is our team of dedicated, experienced professionals who are committed to operating sustainably, as measured by our ability to manage the social, environmental and economic risks, impacts and opportunities associated with our activities. To inform our sustainability programs and improve our performance, we ensure social and environmental risk mitigation programs are integrated throughout the business, establish standards and systems to support decision-making, follow international best practice standards, and participate in industry associations and multi-stakeholder groups.