Smelting

Hudbay to Host Conference Call for Second Quarter 2021 Results

Retrieved on: 
Thursday, July 15, 2021

Hudbay plans to issue a news release containing the second quarter 2021 results on Monday, August 9, 2021 and post it on the companys website.

Key Points: 
  • Hudbay plans to issue a news release containing the second quarter 2021 results on Monday, August 9, 2021 and post it on the companys website.
  • An archived audio webcast of the call also will be available on Hudbays website.
  • Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal.
  • Hudbays vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas.

MUX Creates McEwen Copper Which Announces $80 Million Series B Private Placement to Advance the Los Azules Copper Project

Retrieved on: 
Tuesday, July 6, 2021

A lead order to purchase 50% of the Offering has been committed by Rob McEwen, Chairman and Chief Owner of McEwen Mining.

Key Points: 
  • A lead order to purchase 50% of the Offering has been committed by Rob McEwen, Chairman and Chief Owner of McEwen Mining.
  • Assuming completion of the full amount of the Offering, McEwen Mining will be the controlling shareholder and own 68.6% of McEwen Copper.
  • McEwen Copper intends to pursue an initial public listing within 12 months from the closing of this Offering.
  • McEwen Mining will retain management direction over McEwen Copper and has engaged consultants with significant expertise and experience developing and operating copper mines in South America.

Hudbay Announces Resumption of Full Production at its Lalor Mine

Retrieved on: 
Friday, June 25, 2021

TORONTO, June 24, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that production has resumed at its Lalor mine, located in Snow Lake, Manitoba after a fatal incident that occurred on June 19, 2021.

Key Points: 
  • TORONTO, June 24, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that production has resumed at its Lalor mine, located in Snow Lake, Manitoba after a fatal incident that occurred on June 19, 2021.
  • Hoisting activities resumed on June 23 and production has since returned to normal levels.
  • 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).

Los Andes Copper Ltd. Receives Final Molybdenum Assessment Results and Concentrate Specifications for the Vizcachitas Project

Retrieved on: 
Wednesday, June 23, 2021

Furthermore, analysis for the final copper concentrates confirmed that Vizcachitas will produce clean concentrates.

Key Points: 
  • Furthermore, analysis for the final copper concentrates confirmed that Vizcachitas will produce clean concentrates.
  • Projected results show that final copper concentrate grades are between 22.9% and 24.4% copper, and a credit may be obtained for silver at grades between 46 to 65 grammes per tonne.
  • About Los Andes Copper Ltd.
    Los Andes Copper Ltd. is a development company with a 100% interest in the Vizcachitas project in Chile ("Vizcachitas" or the "Project").
  • Please refer to the technical report dated June 13, 2019, titled "Preliminary Economic Assessment of the Vizcachitas Project", prepared by Tetra Tech.

Hudbay Reports Fatal Incident at its Lalor Mine

Retrieved on: 
Monday, June 21, 2021

TORONTO, June 20, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that a fatality occurred at its Lalor mine, located in Snow Lake, Manitoba.

Key Points: 
  • TORONTO, June 20, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that a fatality occurred at its Lalor mine, located in Snow Lake, Manitoba.
  • All underground mining operations at the Lalor mine have been suspended while an investigation is completed.
  • This is a tragic situation and we are profoundly saddened by this unfortunate incident.
  • Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal.

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

Retrieved on: 
Thursday, June 17, 2021

To view an enhanced version of this graphic, please visit:

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    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

Retrieved on: 
Wednesday, June 16, 2021

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

Retrieved on: 
Wednesday, June 9, 2021

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

Retrieved on: 
Wednesday, June 2, 2021

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

Retrieved on: 
Wednesday, May 26, 2021

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.