Smelting

Rockcliff to Commence Drill Programs at the High Grade TGR Ni-PGE Prospect and the Copperman Deposit

Thursday, June 17, 2021 - 12:45pm

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Key Points: 
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    Copperman Cu-Zn Deposit and Nearby Anomalies, Copperman Property: Planned 12 to14 holes, 6,000 metres.
  • The drilling will test the historical Copperman Cu-Zn Deposit and several nearby untested surface geophysical anomalies.
  • The Company's extensive portfolio of properties totals approximately 4,500 km and includes seven of the highest-grade, undeveloped VMS deposits in the Belt.
  • Rockcliff has joint ventures in the Belt with Hudbay Minerals at the Company's 49% owned Talbot Copper Deposit and with Kinross at its 30% owned Laguna/Lucky Jack/Puella Bay gold properties.

Mining Association of Canada Announces New Chair

Wednesday, June 16, 2021 - 6:16pm

OTTAWA, ON, June 16, 2021 /CNW/ - The Mining Association of Canada (MAC) is pleased to announce that David Clarry, Vice President of Corporate Social Responsibility for Hudbay Minerals Inc., has been elected Chair of MAC for the next two-year term.

Key Points: 
  • OTTAWA, ON, June 16, 2021 /CNW/ - The Mining Association of Canada (MAC) is pleased to announce that David Clarry, Vice President of Corporate Social Responsibility for Hudbay Minerals Inc., has been elected Chair of MAC for the next two-year term.
  • We are particularly pleased to have him as Chair given his familiarity with MAC's Towards Sustainable Mining initiative, our commitment to sustainable mining, and know he will provide important input to the work we do."
  • "As a longtime MAC member, I am honoured to be assuming the Chair position at such an important time for Canada's mining sector," said Mr. Clarry.
  • The Mining Association of Canada is the national organization for the Canadian mining industry.

Kamoa-Kakula's Off-Take Agreements Signed for Phase 1 Blister Copper and Copper Concentrate

Wednesday, June 9, 2021 - 12:55pm

Kamoa-Kakula fully authorized to commence exports of blister copper and copper concentrate to international markets

Key Points: 
  • The off-take agreements are evergreen for the production volumes from Phase 1, including copper concentrate and blister copper resulting from processing of copper concentrates at the Lualaba Copper Smelter.
  • The ultra-high-grade, clean concentrate produced by Kamoa-Kakula is expected to contain approximately 57% copper and very low levels of impurities.
  • On May 31, 2021, Kamoa Copper signed a 10-year agreement with the Lualaba Copper Smelter, located outside the town of Kolwezi, for the processing of a portion of Kamoa's copper concentrate production.
  • Kamoa Copper delivered its first copper concentrates to the Lualaba smelter on June 1, and will receive first blister copper ingots within 30 days of delivery.

Ascendant Resources Appoints Sergio Gelcich As Vice President Exploration

Wednesday, June 2, 2021 - 11:00am

TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company) is pleased to announce that Dr. Sergio Gelcich, PGEO, has joined as Vice President of Exploration replacing Mr. Robert (Andy) Campbell, who is retiring from day-to-day operations.

Key Points: 
  • TORONTO, June 02, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company) is pleased to announce that Dr. Sergio Gelcich, PGEO, has joined as Vice President of Exploration replacing Mr. Robert (Andy) Campbell, who is retiring from day-to-day operations.
  • Dr. Gelcich is a senior exploration geologist whose career spans over 20 years in a broad range of jurisdictions and geological environments.
  • Prior to joining Ascendant, Dr. Gelcich served as the Exploration Director at Hudbay Minerals where he was in charge of global exploration with special emphasis on technical geological aspects.
  • Ascendant Resources Inc. is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal.

COMPX ANNOUNCES REGULAR QUARTERLY DIVIDEND AND RESULTS OF THE ANNUAL STOCKHOLDER MEETING

Wednesday, May 26, 2021 - 9:15pm

Dallas, Texas, May 26, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared CompXs regular quarterly dividend of twenty cents ($0.20) per share on its class A common stock, payable on June 15, 2021 to stockholders of record at the close of business on June 7, 2021.

Key Points: 
  • Dallas, Texas, May 26, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today that its board of directors has declared CompXs regular quarterly dividend of twenty cents ($0.20) per share on its class A common stock, payable on June 15, 2021 to stockholders of record at the close of business on June 7, 2021.
  • CompX also announced that at its annual stockholder meeting held on May 26, 2021, its stockholders:
    elected each of Thomas E. Barry, Loretta J. Feehan, Robert D. Graham, Terri L. Herrington, Scott C. James, Ann Manix and Mary A. Tidlund as a director for a one year term; and
    adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2021 annual stockholder meeting.
  • CompX is a leading manufacturer of security products and recreational marine components.

Hudbay Announces Release of its 18th Annual Sustainability Report

Tuesday, May 18, 2021 - 1:00pm

b'TORONTO, May 18, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (\xe2\x80\x9cHudbay\xe2\x80\x9d or the \xe2\x80\x9ccompany\xe2\x80\x9d) (TSX, NYSE: HBM) today announced the release of its integrated annual and sustainability report (\xe2\x80\x9cAnnual Sustainability Report\xe2\x80\x9d).

Key Points: 
  • b'TORONTO, May 18, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (\xe2\x80\x9cHudbay\xe2\x80\x9d or the \xe2\x80\x9ccompany\xe2\x80\x9d) (TSX, NYSE: HBM) today announced the release of its integrated annual and sustainability report (\xe2\x80\x9cAnnual Sustainability Report\xe2\x80\x9d).
  • The Annual Sustainability Report provides transparency and progress on key accomplishments and initiatives in 2020.
  • While our Annual Sustainability Report focuses on what we achieved in 2020, I see these accomplishments as the foundation for long-term growth and exceptional results.\xe2\x80\x9d\nDetails of the company\xe2\x80\x99s annual and sustainability results can be found on Hudbay\xe2\x80\x99s website at: https://hudbayminerals.com/disclosure-centre/default.aspx and the full Annual Sustainability Report can be downloaded here .\nThis news release contains forward-looking information within the meaning of applicable Canadian and United States securities legislation.
  • All information contained in this news release, other than statements of current and historical fact, is forward-looking information.

Hudbay Announces Election of Directors

Monday, May 17, 2021 - 10:55pm

b'Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal.

Key Points: 
  • b'Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal.
  • Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States).
  • Hudbay\xe2\x80\x99s vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas.
  • Further information about Hudbay can be found on www.hudbay.com .\n'

COMPX REPORTS FIRST QUARTER 2021 RESULTS

Tuesday, May 4, 2021 - 9:15pm

b'Dallas, Texas, May 04, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $35.9 million for the first quarter of 2021 compared to $32.3 million in the same period of 2020.

Key Points: 
  • b'Dallas, Texas, May 04, 2021 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $35.9 million for the first quarter of 2021 compared to $32.3 million in the same period of 2020.
  • Operating income was $5.8 million in the first quarter of 2021 compared to $5.0 million in the same period of 2020.
  • Marine Components continues to benefit from an overall increase in demand in the recreational marine market which began in late spring 2020.
  • Operating income increased during the first quarter of 2021 due to the higher Marine Component sales as well as lower overall medical expenses, partially offset by higher costs of sales at Security Products.\nCompX is a leading manufacturer of security products and recreational marine components.

Abacus Provides Update on Drilling

Monday, May 3, 2021 - 12:00pm

These conditions lead the Company to believe that this project would be better suited to Reverse Circulation drilling rather than Diamond Drilling in future programs.\nThe Jersey Valley gold-silver property occurs in the Battle Mountain trend of north-central Nevada.

Key Points: 
  • These conditions lead the Company to believe that this project would be better suited to Reverse Circulation drilling rather than Diamond Drilling in future programs.\nThe Jersey Valley gold-silver property occurs in the Battle Mountain trend of north-central Nevada.
  • The undeveloped Ann Mason porphyry deposit lies just east of Willow and is held by HudBay Minerals.
  • Quaterra Resources recently announced new drilling to support the Prefeasibility Study that is ongoing on their MacArthur oxide copper project (M&I of 159MT at 0.212% Cu).
  • All statements in this release, other than statements of historical facts, that address events or developments that Abacus expects to occur, are forward-looking statements.

Hudbay Commences Pampacancha Pit Development

Wednesday, April 7, 2021 - 2:00pm

TORONTO, April 07, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that the final land user agreement for Pampacancha has been completed and Hudbay now has full access to the site to begin pit development activities.

Key Points: 
  • TORONTO, April 07, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that the final land user agreement for Pampacancha has been completed and Hudbay now has full access to the site to begin pit development activities.
  • In January 2021, the company commenced pre-development activities, including haul road construction and site preparation work, which will allow Hudbay to commence pre-stripping activities shortly.
  • Pampacancha is a high-grade copper and gold satellite deposit located approximately seven kilometres from Hudbays Constancia mine and processing facilities in Peru.
  • Forward-looking information includes, but is not limited to, plans to commence the development of Pampacancha.