Hudbay Minerals Inc. HBM

What this company does

The company has four material mineral projects: the wholly owned Constancia open-pit copper mine in Peru, the wholly owned Snow Lake operations in Manitoba, including the underground Lalor gold, zinc and copper mine, the wholly owned Copper Mountain open-pit copper mine in southern British Columbia, which also produces gold and silver as by-product metals, and the 70%-owned Copper World copper development project in Pima County, Arizona. Its principal products are copper concentrate, zinc concentrate, gold and silver doré, and molybdenum concentrate. In Manitoba, it operates the Stall concentrator, which produces zinc and copper concentrates, and the New Britannia mill, which produces gold/silver doré and copper concentrate, while in British Columbia it operates a processing facility at the Copper Mountain mine in Princeton that produces copper concentrate. In 2025, it produced 118,188 tonnes of contained copper in concentrate, 267,934 ounces of gold, 3,468,143 ounces of silver, 17,646 tonnes of contained zinc in concentrate, and 1,282 tonnes of contained molybdenum concentrate. In 2025, copper sales represented approximately 55% of its total gross consolidated revenue, gold sales approximately 38%, and other metal sales, including zinc, silver and molybdenum, collectively approximately 7%. As at December 31, 2025, it had 90 employees at its Toronto-based corporate head office, 988 employees in Manitoba, 810 employees in British Columbia, 1,097 employees in Peru and 87 employees in the United States.

Written from the business description in Hudbay Minerals Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 March 2026. Every sentence was checked against that document before publication.