Hudbay Minerals Inc · TSX:HBM
Hudbay Minerals — Q3 2017 Earnings Presentation
9 slides from Hudbay Minerals's earnings presentation, Nov 2, 2017
Slide 1: Q3 2017 Presentation
Q3 2017 PRESENTATION November 2, 2017
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 eco
Slide 4: Q3 2017 Highlights
Q3 2017 Highlights CONTINUED STRONG CASH FLOW GENERATION • Operating cash flow1 increased 24% from Q2 2017 • Continued to deliver on operating targets • Consolidated zinc production increased from Q2 2017 while consolidated copper production remained essentially unchanged • Stable cash cost of $0.86
Slide 5: Q3 2017 Consolidated Results
Q3 2017 Consolidated Results • Increased Cu-eq. production quarter-over- Key Results Summary quarter Q3 2017 Q2 2017 Production2 • Consolidated cash cost of $0.86/lb Cu Copper kt 40.4 40.8 Zinc kt 36.6 34.9 • Consolidated all-in sustaining cash cost of $1.64/lb Cu Precious metals3 koz 42.0 38.2 Copp
Slide 6: Peru Operations Review
Peru Operations Review • Copper production increased quarter-over- Peru Summary Operating Statistics quarter because of improved mill throughput Q3 2017 Q2 2017 Ore mined (million tonnes) 8.2 7.3 • Ore mined increased by 12% quarter-over- Ore milled (million tonnes) 7.8 6.9 quarter Copper grade mill
Slide 7: Manitoba Operations Review
Manitoba Operations Review • Production of zinc and precious metals was Manitoba Summary Operating Statistics higher than Q2 2017, as a result of higher Q3 2017 Q2 2017 grades at 777 and Lalor as well as higher Ore mined (kt) 695 746 production at Lalor Ore milled (kt) 671 726 Copper grade milled 1.
Slide 8: 2017 Objectives
2017 Objectives Continue to focus on operating results to generate free cash flow Achieved significant reduction in debt outstanding Advance in-house brownfield growth opportunities • Lalor zinc / base metal output expansion • Pampacancha • Lalor gold Advance permitting activities at Rosemont Contin
Slide 9: Q3 2017 Presentation
Q3 2017 PRESENTATION November 2, 2017