The Global Resource For Connecting Buyers and Sellers

Hudbay narrows loss as metals prices rise

Canadian base metals producer Hudbay Minerals said Wednesday it expects to lift zinc output by 25% in 2017, to take advantage of rising prices, while copper and precious metals output is expected to fall 17% and 5%, respectively over 2016 totals.
The Toronto-headquartered company forecast zinc output in the range of 125 000 t to 150 000 t, reflecting the continued ramp up in the Manitoba business segment of Lalor ore output and the re-sequencing of the mine plan at 777 to prioritise stopes containing higher zinc grades.