Hudbay Minerals Inc · TSX:HBM
Hudbay Minerals — Q2 2017 Earnings Presentation
9 slides from Hudbay Minerals's earnings presentation, Aug 4, 2017
Slide 1: Q2 2017 Presentation
Q2 2017 PRESENTATION August 4, 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: Q2 2017 Highlights
Q2 2017 Highlights 2017 PRODUCTION AND COST GUIDANCE REITERATED • Strong cash flow generation in the quarter • Operating cash flow1 increased 54% from Q1 2017 • Increased 2017 exploration expenditure guidance to $23 million • Continued to deliver on operating targets • Consolidated copper and zinc p
Slide 5: Consolidated Results
Q2 2017 Consolidated Results • Increase in production quarter-over-quarter Key Results Summary Q2 2017 Q1 2017 • Consolidated cash cost of $0.85/lb Cu Production2 Copper kt 40.8 34.7 • Consolidated all-in sustaining cash cost of Zinc kt 34.9 30.6 $1.49/lb Cu Precious metals3 koz 38.2 31.3 • Net prof
Slide 6: Peru Operations Review
Peru Operations Review • Constancia production increased quarter- Peru Summary Operating Statistics over-quarter because of improved mill Q2 2017 Q1 2017 throughput Ore mined (million tonnes) 7.3 7.2 • Plant optimization initiatives implemented Ore milled (million tonnes) 6.9 6.3 during the quarter
Slide 7: Manitoba Operations Review
Manitoba Operations Review Manitoba Summary Operating Statistics • Increased production of all metals as a result Q2 2017 Q1 2017 of higher grades at 777 and higher Ore mined (kt) 746 688 throughput and grades at both concentrators Ore milled (kt) 726 637 • Sales of excess zinc concentrate inventory
Slide 8: 2017 Objectives
2017 Objectives Continue to focus on operating results to generate free cash flow and further reduce debt Advance in-house brownfield growth opportunities • Lalor zinc / base metal output expansion • Pampacancha • Lalor gold Advance permitting activities at Rosemont Continue to evaluate exploration
Slide 9: Q2 2017 Presentation
Q2 2017 PRESENTATION August 4, 2017