Hudbay extends Snow Lake reserve mine life to 2043 in updated mine plan

Bitget2026/09/28 10:02

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Hudbay Minerals released an updated mine plan for Snow Lake, extending proven and probable reserve life by two years to 2043.
Five-year average gold output forecast at 185,000 ounces for 2026-2030, up 37% versus the 2021 technical report.
Life-of-mine gold production estimate lifted 60% to 2.8 million ounces; mineral reserves increased to 27 million tonnes containing 2.0 million ounces.
Average gold cash costs projected at USD 821/oz for 2026-2030; sustaining cash costs seen at USD 1,379/oz.
1901 deposit development remains on track for full production in late 2027; Stall hot tails project targeted for commissioning in early 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HudBay Minerals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609280600PRIMZONEFULLFEED9834708) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hudbay extends Snow Lake reserve mine life to 2043 in updated mine plan

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