financetom
Business
financetom
/
Business
/
Hudbay Minerals Halts Snow Lake Operations on Manitoba Wildfire Evacuation Order
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hudbay Minerals Halts Snow Lake Operations on Manitoba Wildfire Evacuation Order
Jul 10, 2025 3:26 PM

05:51 PM EDT, 07/10/2025 (MT Newswires) -- Hudbay Minerals ( HBM ) suspended mining operations temporarily in Snow Lake, Manitoba, following a mandatory evacuation order issued by provincial authorities due to an active wildfire.

A limited workforce remains on site to support emergency response efforts and conduct monitoring programs, the company said Thursday in a statement.

Operations will resume "once the wildfire situation improves," Hudbay said. Despite the disruption, Hudbay said it continues to expect to meet its 2025 annual guidance metrics for Manitoba.

The company produces gold, copper, zinc and silver at Snow Lake.

Hudbay shares fell 2.2% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Krispy Kreme Resumes Online Ordering, Offers Special Deal Through New Year's Day
Krispy Kreme Resumes Online Ordering, Offers Special Deal Through New Year's Day
Dec 30, 2024
06:41 AM EST, 12/30/2024 (MT Newswires) -- Krispy Kreme (DNUT) said Monday that its online ordering in the US was restored this week after unauthorized activity on the part of its IT systems last month disrupted operation. Additionally, the company said it is offering two dozen original glazed or one dozen original glazed plus a classic assorted or specialty dozen...
Four Corners Property Trust Buys Burger King Property in Virginia for $1.7 Million
Four Corners Property Trust Buys Burger King Property in Virginia for $1.7 Million
Dec 30, 2024
06:36 AM EST, 12/30/2024 (MT Newswires) -- Four Corners Property Trust ( FCPT ) said late Friday it has acquired a Burger King property in Virginia for $1.7 million. The property operates under a corporate long-term triple-net lease with 13 years remaining. The deal was secured at a 7.0% cap rate on rent, excluding transaction costs. ...
Stagwell to Acquire Create. Group to Expand Digital Expertise in Middle East
Stagwell to Acquire Create. Group to Expand Digital Expertise in Middle East
Dec 30, 2024
06:45 AM EST, 12/30/2024 (MT Newswires) -- Stagwell ( STGW ) said Monday it reached an agreement to acquire Create. Group, a digital communications firm in the Middle East. The company said Create. Group will join Stagwell's ( STGW ) Code and Theory Network, which helps businesses adapt to shifting consumer behaviors, emerging technologies, and AI. Create. Group provides digital...
Why Is Faraday Future Intelligent Electric Stock Trading Higher Today?
Why Is Faraday Future Intelligent Electric Stock Trading Higher Today?
Dec 30, 2024
Faraday Future Intelligent Electric Inc. ( FFIE ) shares are surging premarket on Monday. On Sunday, the company disclosed that entrepreneur Luke Hans will receive the first FF 91 2.0 Futurist Alliance EV of 2025 during a January delivery ceremony with company executives. Notably, Luke Hans, a renowned entrepreneur with ventures in real estate, car rental, oil, pharmaceuticals, and film...
Copyright 2023-2026 - www.financetom.com All Rights Reserved