Copper assets get boost from potential BHP-Anglo deal: Hudbay exec

The head of Toronto-based Hudbay Minerals said BHP’s recent bid for Anglo American has “increased the valuation of copper assets,” reported Reuters. “[It also] highlights that major mining companies believe the price for copper will be significantly higher than current levels and they are willing to pay a premium to acquire existing copper production today,” said Hudbay CEO Peter Kukielski,…

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MAC taps Chisholm

The Mining Association of Canada has elected its newest chair, Rio Tinto’s Carolyn Chisholm. Chisholm, who serves as general manager of External Affairs for Rio Tinto Canada, will serve a two-year term with MAC. She replaces David Clarry, who is vice president for Corporate Social Responsibility for Hudbay Minerals. He was chair from June 2021 to June 2023. “Carolyn comes…

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Scooptram fire traps miners – twice – at Hudbay’s Lalor

Operations were suspended late last week, and nearly 200 miners were trapped underground for hours, after a fire erupted on a scooptram at Hudbay Minerals’ Lalor operation in Snow Lake, Manitoba, on September 14. According to local news outlet the Thompson Citizen, the equipment actually caught fire twice, once as well on Sept. 15. Both times, workers rushed to refuge…

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U.S. DOJ, Hudbay get split decision on Rosemont

On May 12, Hudbay Minerals confirmed that it and the U.S. Department of Justice (DOJ) received a split decision from the U.S. Court of Appeals for the Ninth Circuit affirming the U.S. District Court for the District of Arizona’s decision in July 2019 on its Rosemont copper project in Arizona. The decision states the Court of Appeals agreed with the…

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