In addition to 100% owned Lalor mine in northern Manitoba(Snow Lake operations), Hudbay Minerals owns and operates a portfolio of processing facilities, including Stall concentrator, which produces zinc and copper concentrates, and recently refurbished New Britannia mill, which produces copper concentrate and gold/silver doré. Also Hudbay Minerals owns a number of properties in the Snow Lake region that have the potential to provide additional feed for Snow Lake operations.
Following the closure of the 777 mine, the Flin Flon concentrator and tailings impoundment area were placed on care and maintenance, providing optionality should another mineral discovery lead to a new mine in the Flin Flon area.
Prior to the Rockcliff Transaction, Rockcliff was Hudbay’s 49% joint venture partner of the Talbot deposit. The Talbot deposit and the additional Rockcliff exploration properties provide further optionality and potential future feed sources for the Stall and New Britannia mills. |