Hudbay Minerals Inc · TSX:HBM
Hudbay Minerals — Q2 2021 Earnings Presentation
11 slides from Hudbay Minerals's earnings presentation, Aug 10, 2021
Slide 1: Q2 2021 Results Presentation
Q 2 2 0 2 1 R E S U LT S P R E S E N TAT I O N August 10, 2021
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: Q2 2021 Consolidated Results
Q2 2021 CONSOLIDATED RESULTS KEY 2021 PRODUCTION AND COST GUIDANCE REAFFIRMED KEY RESULTS Consolidated • Copper production lower than Q1 due to SUMMARY Results lower grades at 777, offset by higher Q2 2021 Q1 2021 Q2 2020 Production1 throughput in Peru Copper kt 23.5 24.6 18.0 Peru Business • Gold p
Slide 4: Peru Operations Review
PERU OPERATIONS REVIEW SUMMARY OF PERU OPERATING STATISTICS Q2 2021 Q1 2021 Q2 2020 • Cu production of 19.1kt higher QoQ due Constancia Ore mined (million tonnes)1 8.0 7.7 2.8 Consolidated to increased throughput Pampacancha Ore mined (million tonnes) 1.0 - - Results Ore milled (million tonnes) 7.4
Slide 5: Pampacancha
PAMPACANCHA SUCCESSFUL RAMP UP Consolidated • First production achieved in April Results • Short ramp up led to commercial production in April Peru Business Unit • On track with timelines assumed in recently published mine plan, which contemplates increased annual copper production to above Manitoba
Slide 6: Manitoba Operations Review
MANITOBA OPERATIONS REVIEW SUMMARY OF MANITOBA OPERATING STATISTICS • Production impacted by COVID-19 Q2 2021 Q1 2021 Q2 2020 Consolidated Ore mined (kt) 612 697 689 Results absences and interruptions, scheduled Ore milled (kt) 647 645 660 maintenance and a temporary suspension of operations at Lalo
Slide 7: New Britannia Gold Mill
NEW BRITANNIA GOLD MILL OVERALL PROJECT 95% COMPLETE; FIRST GOLD POUR EXPECTED IN AUGUST Consolidated • Refurbishment activities at the gold mill were completed in June 2021, commissioning and startup Results activities occurred in July SNOW LAKE • First gold pour expected in August Peru Business Un
Slide 8: Future Exploration Initiatives
EXPLORATION INITIATIVES SEVERAL EXCITING EXPLORATION PROGRAMS UNDERWAY IN EACH OF OUR REGIONS Consolidated COPPER WORLD PERU SNOW LAKE Results Exploration Drilling Underway Regional Exploration Regional Exploration Peru Business Unit Manitoba Business Unit • Wholly-owned private land in an historic
Slide 9: 18th Annual Sustainability Report
18TH ANNUAL SUSTAINABILITY REPORT WE RECOGNIZE THE TREMENDOUS OPPORTUNITY THAT WE HAVE TO POSITIVELY CONTRIBUTE LOCALLY AND GLOBALLY TO A MORE SUSTAINABLE WORLD Consolidated Results • Focused on increased disclosure transparency • Data mapped to GRI, SASB and TCFD Peru Business Unit • Disclosure pro
Slide 10: Manitoba Near-Term Catalysts
NEAR-TERM CATALYSTS MANY ORGANIC GROWTH OPPORTUNITIES EXIST Consolidated Advance 3rd phase of Snow Lake gold strategy with updated mine plan ✓ Q1 2021 Results MANITOBA New Britannia gold plant ramp-up and first production Q3 2021 New Britannia copper flotation circuit ramp-up and first production Q4
Slide 11: For More Information Contact:
For More Information Contact: Candace Brûlé Director, Investor Relations 416.814.4387 | candace.brule@hudbay.com