Hudbay

Callinex Intersects the Descendent in 125m Step-out at the Pine Bay Project, MB

Retrieved on: 
Monday, January 22, 2024
CNX, See, Flin Flon greenstone belt, Orientation, Lalor, The Company, Alchemy, Silver, Flin, Gold, Zinc, Hudbay, Parent, Recce (filmmaking), Descendant, VMS, Geology, Road

The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.

Key Points: 
  • The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.
  • This year's exploration campaign will be another exciting one where we will remain focused on growing Pine Bay into a tier one asset with numerous expanding high-grade discoveries."
  • The Descendent remains open to the north, and vertically below DSC-112-W1 ( Descendent Discovery Long Section ).
  • Looking forward, the Company will continue to aggressively expand the resource base with a focus on step-out drilling at Descendent.

Support for Arizona Copper Mining and Hudbay's Copper World Project Increase

Retrieved on: 
Wednesday, November 29, 2023
Mineral, Copper, Local government, History, Hudbay, Mining, Partnership, Mobile, Southern Arizona

The copper mining industry garnered support from more than 70% of Southern Arizona voters.

Key Points: 
  • The copper mining industry garnered support from more than 70% of Southern Arizona voters.
  • The poll, conducted in late October, indicated that support for Hudbay's Copper World project has also increased.
  • When given a description of the project and its location, more than half of voters support (53.6% support, 36.9% oppose) Hudbay Minerals' new proposed Copper World Project , located 28 miles south of Tucson.
  • "Southern Arizona voters are clearly in support of copper mining, recognizing its pivotal role in driving economic prosperity and technological advancement," said Michael Guymon, President & CEO, Tucson Metro Chamber.

Solaris Appoints COO to Lead Warintza Project; US$80 Million Financing Package Well Advanced to Fund Studies and Permitting

Retrieved on: 
Monday, November 6, 2023
SLS, Hudbay, Documentation, Area studies, Mining, National University of Engineering, US, Pedigree, Project, Engineering, National instrument, 1995 Skoal Bandit Copper World Classic, National university, Constância, TSX, Technical Report Archive & Image Library, Management

In addition, the Company reports that it is in advanced discussions on a US$80 million offtake financing package to fund the Project through studies and permitting.

Key Points: 
  • In addition, the Company reports that it is in advanced discussions on a US$80 million offtake financing package to fund the Project through studies and permitting.
  • Javier is a highly successful leader with a proven record of achievement that is directly relevant to our plans for Warintza.
  • Prior to this, Mr. Toro held various management positions in mine operations in the areas of geotechnical, hydrogeological, mine operations, and mine planning.
  • Mr. Toro holds a Bachelor of Mining Engineering with Honors from the National University of Engineering in Lima, Peru.

Chesapeake Gold Announces Appointment of Interim Chief Executive Officer

Retrieved on: 
Wednesday, October 25, 2023
Hudbay, Mining, BMO Capital Markets, University, MBA, Environment, CKG, Metal, Executive, Interim, Natural Resources, Master, Corporate development, Russian Venture Company, Management, Science

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the appointment of Mr. Jean-Paul Tsotsos as Interim Chief Executive Officer, replacing Alan Pangbourne effective November 1, 2023.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 25, 2023) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the appointment of Mr. Jean-Paul Tsotsos as Interim Chief Executive Officer, replacing Alan Pangbourne effective November 1, 2023.
  • Mr. Tsotsos is currently Vice-President, Corporate Development and Investor Relations and will continue to also hold that role.
  • Mr. Tsotsos has over 15 years of experience in mining corporate development, strategy, capital markets, project evaluations and project development.
  • Prior to Hudbay Minerals, Mr. Tsotsos worked at BMO Capital Markets in the Metals and Mining Equity Research Group.

Hudbay Completes Rockcliff Acquisition; Further Consolidates Snow Lake Operations and Adds to Prospective Land Package

Retrieved on: 
Thursday, September 14, 2023
HBM, TSX, Acquisition, Snow, NYSE, Transaction, Rockcliff, Hudbay

TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”).

Key Points: 
  • TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”).
  • Hudbay acquired all of the issued and outstanding common shares of Rockcliff that it did not already own pursuant to a court-approved plan of arrangement, effective as of today’s date (the “Transaction”).
  • As a result of closing the Transaction, Rockcliff is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Rockcliff shareholders have been issued 0.006776 of a Hudbay common share for each Rockcliff share previously held.
  • Rockcliff also owns a 100% interest in six additional deposits in the Snow Lake region and is one of the largest landholders in the Snow Lake area, with approximately 1,800 km2 across all its properties.

Collective Metals Announces the Appointment of Amanuel Bein as Director

Retrieved on: 
Thursday, September 7, 2023
Lithium, Hudbay, Bathurst Mining Camp, CSE, VMS, University, Bathurst, Reed, Princeton Project, Property, University of New Brunswick, Mining, LCT, SEDEX, Copper Mountain, Growth, COMT, Metal, Rare-earth element, Uranium mining, Amanuel

VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is proud to announce the appointment of Mr. Amanuel Bein, P.Geo as a director of the Company (the “Appointment”). Mr. Bein will help lead the Company’s exploration programs for its flagship Property, the Princeton Project, as well its Landings Lake Lithium Project and Whitemud Lithium Project.

Key Points: 
  • Mr. Bein led exploration for Rock Tech Lithium, which completed extensive drilling and field exploration programs in Ontario, where Collective Metals has two projects: the Landings Lake Lithium Project and the Whitemud Lithium Project.
  • VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is proud to announce the appointment of Mr. Amanuel Bein, P.Geo as a director of the Company (the “Appointment”).
  • “I am excited to join a strong team at Collective Metals and to help the Company achieve its goals through different exploration programs,” said Amanuel Bain.
  • “The addition of Amanuel is a significant development for the Company and further strengthens our management team,” said CEO of Collective Metals, Chris Huggins.

Collective Metals Discusses Whipsaw Property and other Mineral Occurrences and their Significance to the Princeton Project  

Retrieved on: 
Tuesday, September 5, 2023
Zinc, Donald Duck filmography, Geology, Lead, AG, Rockell, News, Abbreviation, Besshi copper mine, Princeton Project, IPCC Fourth Assessment Report, NTS, CMMC, WF, Princeton Group, COMT, CSE, Vein, Whipsaw Creek, Highland Boundary Fault, Mechanical engineering, Molybdenum, Survey (archaeology), Kerr Sulphurets Mitchell, Gold, NI, Assessment, SFF, FF, Trojan, BBF, SSR, Sadomasochism, Silver, Good+Foundation, Property, Metallurgy, Copper, Uranium mining, Mining, Granite, Limestone, Collective, List of highways numbered 3, Project, Whipsaw, Hudbay

VANCOUVER, British Columbia, Sept. 05, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) interprets the Whipsaw Property, west of, and immediately adjacent to, the south Princeton Project (“Project”) as being significant to further evaluation of the Project and its mineral potential. Work completed on the Whipsaw Property has, to date, identified copper, gold, silver, zinc and lead mineralization related to the Whipsaw porphyry stock, comprising primarily porphyry related copper-gold mineralization.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 05, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) interprets the Whipsaw Property, west of, and immediately adjacent to, the south Princeton Project (“Project”) as being significant to further evaluation of the Project and its mineral potential.
  • Of the twelve separate and distinct MINFILE occurrences identified on the Whipsaw property, two, the Whipsaw (092HSE102) and Whipsaw - South Zone (092HSE265), are interpreted to document porphyry-style mineralization.
  • Figure 2 - Property Area Geology Map, includes Whipsaw Creek Property Area, See Figure 3 for key to geological units.
  • Geo., who is acting as the Company’s Qualified Person for the Princeton Property project, in accordance with regulations under NI 43-101.

Hudbay Announces Potential for Mine Life Extension in Snow Lake with the Discovery of New Mineralized Zones Near Lalor and Significant Regional Land Consolidation

Retrieved on: 
Thursday, July 27, 2023
Area studies, Ontario Superior Court of Justice, Talbot, HBM, Zinc, Life, Metal, Silver, Stall, Arrangement, Snow, Gold, Acquisition, Hyperaccumulators table – 3, TSX, Copper, News, NYSE, Oil, Rare-earth element, Mining, Uranium mining, Lalor, Hudbay, Edmonton/Cooking Lake Airport, Chisel, Rockcliff, Morgan Spurlock's New Britannia

The drilling results and the regional land acquisitions provide the potential for mine life extension at Hudbay’s Snow Lake operations beyond 2038.

Key Points: 
  • The drilling results and the regional land acquisitions provide the potential for mine life extension at Hudbay’s Snow Lake operations beyond 2038.
  • Acquisition of the Cook Lake properties in Snow Lake provides additional potential for a new discovery.
  • These positive exploration results and land consolidation initiatives provide the potential to deliver increases in near-term production, mine life extension and substantial long-term value creation from Hudbay’s Snow Lake operations.
  • The company’s 2024 exploration plans include regional geophysical surveys to be conducted on the newly consolidated land package in Snow Lake.

Hudbay and Marubeni Establish Framework for Flin Flon Exploration Partnership

Retrieved on: 
Thursday, July 6, 2023
HBM, Flin Flon greenstone belt, Uncertainty, Partnership, VMS, Marubeni, Risk, Mining, MOU, TSX, News, NYSE, Legislation, Risk management, Hudbay, Flin Flon, Flin

TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay’s existing processing facilities in Flin Flon, Manitoba.

Key Points: 
  • TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay’s existing processing facilities in Flin Flon, Manitoba.
  • “Signing this MOU is the beginning of what we hope will be a long-term relationship between Hudbay and Marubeni to unlock value in the Flin Flon region,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
  • “This exploration partnership would allow us to couple our operational and exploration expertise with Marubeni’s balance sheet strength to test our large Flin Flon land package and potentially revive our dormant Flin Flon processing facilities.
  • The MOU also provides a framework for a future joint venture between the parties if the exploration efforts are successful in discovering new deposits in the Flin Flon region.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023
Electricity, JX, EVS, QP, Lundin Mining, Transaction, Copper Mountain, Environment, News, NYSE, Financial News, HBM, Graphite, EV, MSN, LUN, Chicago Metallic Corporation, Thermal conductivity, OTCQB, USD, Ventana, Copper, Car, Nickel, IOCG, TSX, Growth, Knowledge, Longevity, Cobalt, Agnico Eagle, Manganese, SAN, Molybdenum, Carbon, LOI, NI, Quality assurance, Lithium, FCX, Metal, Teck Resources, ROFR, Teck, Electric vehicle, Quality control, Mining, OTC, Acquisition, Commune, Mine, Vortex, Hudbay, Caseron Marques de Camachos

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.