Hudbay Minerals Resumes Snow Lake Operations Post-Evacuation, Reports No Infrastructure Damage From Wildfires; 2025 Manitoba Guidance Unchanged

Author: Benzinga Newsdesk | June 16, 2025 11:07am

Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) has resumed operations in Snow Lake following the lifting of evacuation orders in the Snow Lake region on June 14, 2025. The Company continues to collaborate closely with local communities and municipal and provincial authorities to provide support to its employees, their families and neighbours as they navigate their return.

Through the Company's emergency preparedness and extensive community response efforts, there has been no structural damage to Hudbay's infrastructure and facilities in Snow Lake and Flin Flon as a result of the wildfires. Hudbay resumed mining activities at the Lalor mine over the weekend with a focus on initially prioritizing the gold zones. Milling activities at the New Britannia gold mill are expected to ramp up to full production this week, while milling activities at the Stall base metal concentrator are expected to ramp up to full production next week as the workforce continues to be impacted by the Flin Flon regional evacuations that are still in place. Given the strong year-to-date performance in Snow Lake, the Company continues to expect to achieve its annual guidance metrics for Manitoba in 2025.

Posted In: HBM