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Hudbay Minerals Resuming Snow Lake Operations Following Wildfire Evacuation Order
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Hudbay Minerals Resuming Snow Lake Operations Following Wildfire Evacuation Order
Jun 16, 2025 9:37 AM

12:01 PM EDT, 06/16/2025 (MT Newswires) -- Hudbay Minerals ( HBM ) on Monday said it resumed operations at its Snow Lake operations in Manitoba following the lifting of wildfire evacuation orders in the region on Saturday.

The company said there was no structural damage to its infrastructure and facilities in Snow Lake and the community of Flin Flon as a result of the wildfires.

Hudbay said it resumed mining activities at the Lalor mine over the weekend with a focus on initially prioritizing the gold zones and added that the milling activities at the New Britannia gold mill are expected to ramp up to full production this week. Milling activities at the Stall base metal concentrator are expected to ramp up to full production next week, stated the company, "as the workforce continues to be impacted by the Flin Flon regional evacuations that are still in place".

The company said it expects to meet annual guidance for its Manitoba operations, given the "strong year-to-date performance in Snow Lake".

"We remain committed to supporting our Manitoba team and recognize the significant impact this crisis has had on our employees, their families and neighbours, and local First Nations," said Rob Carter, Hudbay's Senior Vice President, Canada.

The company's shares were last seen up $0.38 to $13.52 on the Toronto Stock Exchange.

Price: 13.52, Change: +0.38, Percent Change: +2.85

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