Hudbay Achieves 2025 Copper & Gold Production Guidance; Q4 Performance Strong

Published: Jan 16, 2026 19:58

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Hudbay Minerals Inc. announced preliminary 2025 production results, confirming that the company achieved its consolidated copper and gold production guidance despite wildfire-related shutdowns and temporary operational disruptions during the year. Full-year copper output reached approximately 118,188 tonnes, while gold production totaled about 267,934 ounces. Fourth-quarter performance was strong, with copper production of roughly 33,069 tonnes and gold production of around 84,298 ounces, supported by high-grade mining at the Pampacancha satellite deposit in Peru, which allowed Peru gold output to exceed the upper end of guidance. Following the closing of the Copper World joint venture, Hudbay’s pro-forma cash position increased to approximately US$992 million, with total available liquidity exceeding US$1.4 billion.

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