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Stock impact report

Hudbay Receives the Mine Plan of Operations for Rosemont

Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM) 
Last hudbay minerals inc. ordinary shares (canada) earnings: 2/20 05:35 pm Check Earnings Report
Company Research Source: GlobeNewswire
TORONTO, March 21, 2019 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced today that it has received the approved Mine Plan of Operations (“MPO”) for the Rosemont project from the U.S. Forest Service. The issuance of the MPO is the final administrative step in the permitting process. “Receiving the MPO is an important milestone that completes the permitting process at Rosemont,” said Alan Hair, Hudbay’s president and chief executive officer. “With the receipt of the Section 404 Water Permit, an agreement to consolidate 100% ownership and receipt of the approved MPO, Hudbay continues to move the project forward. Rosemont is now a fully permitted, shovel-ready copper project and we look forward to developing this world-class asset.” Rosemont, located in Arizona, is one of the world’s best undeveloped copper projects delivering a 15.5% after-tax unlevered IRR at a copper price of $3.00 per pound based on the 2017 Feasibility Study publish Show less Read more
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