Hudbay Minerals Inc · TSX:HBM
Hudbay Minerals — Q2 2018 Earnings Presentation
9 slides from Hudbay Minerals's earnings presentation, Aug 1, 2018
Slide 1: Q2 2018 Presentation
Q2 2018 PRESENTATION August 1, 2018
Slide 2: Cautionary Information
Cautionary Information This presentation contains forward-looking information within the meaning of applicable Canadian and United States securities legislation. All information contained in this presentation, other than statements of current and historical fact, is forward-looking information. Ofte
Slide 3: Cautionary Information
Cautionary Information The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward- looking information may include, but are not limited to, risks generally associated with the mining industry, such as ec
Slide 4: Q2 2018 Highlights
Q2 2018 Highlights • Solid production results and growing free cash flow • Total liquidity of $859 million as at June 30, 2018, up from $810 million at the end of Q1 2018 • Peru on track to meet production, capital cost and unit cost guidance for 2018 • Manitoba on track to meet 2018 production guid
Slide 5: Q2 2018 Consolidated Results
Q2 2018 Consolidated Results • Consolidated production of copper-equivalent Key Results Summary contained metal in concentrate of 61.1 kt, Q2 2018 Q1 2018 essentially unchanged from Q1 2018 Production2 Copper kt 37.6 39.2 • Consolidated cash cost of $0.96/lb Cu and Zinc kt 33.2 28.8 sustaining cash
Slide 6: Peru Operations Review
Peru Operations Review Peru Summary Operating Statistics • Copper production of 27kt, a decrease quarter-over-quarter primarily due to lower Q2 2018 Q1 2018 grades in line with the mine plan Ore mined (million tonnes)1 8.7 9.5 Ore milled (million tonnes) 7.7 7.9 • Copper recoveries down slightly com
Slide 7: Manitoba Operations Review
Manitoba Operations Review • Ore mined decreased versus Q1 2018; Manitoba Summary Operating Statistics increased production at our Reed mine was Q2 2018 Q1 2018 offset by decreased production at our 777 Ore mined (kt) 694 703 mine Ore milled (kt) 758 668 Copper grade milled 1.56% 1.27% • Combined un
Slide 8: 2018 Objectives
2018 Objectives Continue to focus on generating free cash flow and increasing net asset value Advance in-house brownfield growth opportunities • Ramp up base metal ore throughput from Lalor to 4,500 tonnes per day • Pampacancha Enhance Constancia production through recoveries and throughput optimiza
Slide 9: Q2 2018 Presentation
Q2 2018 PRESENTATION August 1, 2018