Hudbay Minerals Inc · TSX:HBM
Hudbay Minerals — Goldman Sachs Annual Global Metals & Mining, Steel Conference 2012
11 slides from Hudbay Minerals's conference presentation, Nov 28, 2012
Slide 1: Creating Sustainable Value Through High Quality, Long-Life Deposits
Creating Sustainable Value Through High Quality Quality, Long Long-Life Life Deposits Goldman Sachs Annual Global Metals & November 27 – 28, 2012 g, Steel Conference Mining, HBM
Slide 2: Forward-looking Information
F Forward-looking d l ki Information I f ti This presentation contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking information”) within the meaning of applicable Canadian and United States securities legislation. All information contained in this pr
Slide 3: Note to U.S. Investors
N t tto U Note U.S. S IInvestors t Information concerning Hudbay’s mineral properties has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of SEC Industry Guide 7. Under Securities and Exchange Commission (the “SEC
Slide 4: Stringent Criteria for Growth
St i Stringent t Criteria C it i for f Growth G th Disciplined focus on per share metrics 1 1. Focus geographically 3 2 • on mining friendly, investment grade countries in the Americas 2. Focus geologically • on VMS and porphyry deposits 3. Acquire small, think big 1 777 - Manitoba 6 • lleverage our
Slide 5: Key Metals Growth
K M Key Metals t l Growth G th 420% GROWTH 125% GROWTH 1 35% GROWTH Cu Production Precious Metals Production Zn Production (kt) (koz) (kt) 200 220 120 200 175 180 150 160 90 140 125 120 60 100 100 80 75 60 30 50 40 25 20 0 0 0 2012E 2015E 2012E 2015E 2012E 2015E Hudbay - Current Ops 2 Lalor 3 Consta
Slide 6: Flagship 777 Mine
Fl Flagship hi 777 Mi Mine Steady production with low cash costs Mining Cost MANITOBA (C$/tonne) 777 Wi i Winnipeg PROFILE Ownership 100% Life of Mine 9 years Applying 360° Applying Expertise 360° PAGE Expertise > 78
Slide 7: Lalor On Track
L l on Track Lalor T k 1st full year of production via production shaft expected in 2015 Snow Lake Ore Concentrator MANITOBA Lalor Project Snow 777 Mine Lake Flin Flon Reed Amisk Flin Flon Lake Lalor Lake Ore Concentrator Hwy #39 Zinc Plant Reed Project N Hwyy 25 kkm #10 Winnipeg PROFILE Ownership 1
Slide 8: Reed Progressing Well
R dP Reed Progressing i W Wellll Portal trench excavation completed MANITOBA > $16 million spent to Sept. 30, 2012 > Entered into additional $13 million in commitments Reed > Significant project milestones achieved: • Installation of new office and dry complex Winnipeg • Foundations poured for shop
Slide 9: Constancia Project
C Constancia t i Project P j t US$1.5 billion construction program underway PERU > US$154 million spent to T jill Trujillo September 30, 2012 Lima Cusco > Entered into additional US$322 million in commitments Constancia Arequipa > Significant project milestones achieved prior to board approval: 1-5
Slide 10: Strong Balance Sheet
St Strong Balance B l Sheet Sh t As at September 30, 30 2012 Sources Uses > Cash and cash equivalents - $1,499 million > Lalor - $399 million > Remaining stream agreement payments > Reed - $56 million - $250 million > Constancia - $1.39 billion > Existing Credit facility - $235 million Total Sources
Slide 11: For more information contact
For more information contact: John Vincic, VP of Investor Relations and Corporate Communications Tel: 416.362.0615 Email: john.vincic@hudbayminerals.com @
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