Hudbay Minerals Inc · TSX:HBM
Hudbay Minerals — Q2 2022 Earnings Presentation
11 slides from Hudbay Minerals's earnings presentation, Aug 9, 2022
Slide 1: Q2 2022 Results Presentation
Q2 2022 RESULTS PRESENTATION August 9, 2022
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 2022 Consolidated Results
Q2 2022 CONSOLIDATED RESULTS STRONG OPERATIONAL PERFORMANCE; HIGHER COPPER & GOLD PRODUCTION, LOWER CASH COSTS Consolidated copper production of 25.7k KEY RESULTS SUMMARY Q2 2022 Q1 2022 Q2 2021 tonnes in Q2, 4% higher than Q1 Production1 Consolidated gold production of 58.6k Copper kt 25.7 24.7 23.
Slide 4: Peru Operations Review
PERU OPERATIONS REVIEW IMPROVED MILL THROUGHPUT, COPPER AND GOLD GRADES Constancia produced 20.9k tonnes of copper, SUMMARY OF PERU OPERATING STATISTICS Q2 2022 Q1 2022 Q2 2021 13.9k ounces of gold, 584k ounces of silver Constancia ore mined (million tonnes)1 and 390 tonnes of molybdenum in Q2 7.0 6
Slide 5: Manitoba Transition Well-Underway
MANITOBA TRANSITION WELL-UNDERWAY END OF AN ERA IN FLIN FLON BRINGS NEW GROWTH TO SNOW LAKE 90 years of continuous operations in Flin Flon 777 Mine Headframe 777 hoisted last ore on June 17, 2022 after 18- year mine life Closure activities underway to safely decommission the mine Flin Flon concentra
Slide 6: Manitoba Operations Review
MANITOBA OPERATIONS REVIEW NEW BRITANNIA ACHIEVED HIGHER THAN TARGETED THROUGHPUT, GOLD RECOVERY IMPROVED SUMMARY OF MANITOBA OPERATING STATISTICS Gold and silver production increased 4% and 1%, Q2 2022 Q1 2022 Q2 2021 respectively during Q2; copper and zinc Ore mined (kt) 639 645 612 decreased by 1
Slide 7: Copper World Complex
1.2Bt $1.15/lb 44 YEARS M&I TONNAGE CU CASH CASH COST1 MINE LIFE COPPER WORLD COMPLEX 0.41% 86kt $1,296M / 18% M&I CU GRADE ANNUAL CU PRODUCTION1 NPV10% / IRR2 COPPER WORLD ECONOMICS LOM After-Tax NPV10% (US$M) Phase I After-Tax NPV10% (US$M) $1,903 $1,193 $1,296 $741 $990 $513 $3.25 $3.50 $4.00 $3.
Slide 8: 19th Annual Sustainability Report
TH 19 ANNUAL SUSTAINABILITY REPORT HUDBAY IS CONNECTED – TO OPPORTUNITY, TO LONG-TERM GROWTH, TO OUR COMMUNITIES AND TO CREATING LASTING BENEFITS FOR ALL OUR STAKEHOLDERS Committed to a reduced GHG emissions future and Monitoring Tailings Facilities with Electronic Sensors working toward specific em
Slide 9: Exploration Initiatives
EXPLORATION INITIATIVES ADVANCING EXPLORATION AGREEMENT ON HIGH GRADE SATELLITES NORTH OF CONSTANCIA PERU REGIONAL EXPLORATION OTHER EXPLORATION Hudbay controls a large, Snow Lake, contiguous block of Manitoba – mineral rights within success in trucking distance of identifying Constancia, including
Slide 10: Near-Term Catalysts
NEAR-TERM CATALYSTS NUMEROUS ORGANIC GROWTH OPPORTUNITIES EXIST New Britannia gold mill construction, ramp-up and first production achieved ✓ 2021 MANITOBA Updated Snow Lake mineral reserves and resources incorporating recent drilling at 1901 and Lalor ✓ Q1 2022 Advance 3rd phase of Snow Lake gold s
Slide 11: For more information contact
For more information contact: Candace Brûlé Vice President, Investor Relations 416.814.4387 | candace.brule@hudbay.com