HudBay Minerals issues 2014 production guidance, shares +1%

|By:, SA News Editor

In its 2014 production forecast, HudBay Minerals (HBM +1%) sees 2014 copper production of 41K-55K metric tons, zinc production of 87K-105K metric tons, and precious metals production of 101K-123K oz.

HBM forecasts capital investment of ~$1B, including $904M in growth initiatives.

Commercial production from the Reed mine expected in H1 2014 and commercial production from the main production shaft at the Lalor project expected to be declared in H2 2014.