Published: December 21, 2018 |

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Hudbay Minerals Inc. has completed the acquisition of Mason Resources. Hudbay acquired all of the issued and outstanding common shares of Mason it did not already own for C$0.40 per common share.

“We are pleased to complete the acquisition of Mason and add the Ann Mason project to our pipeline,” said Alan Hair, president and chief executive officer of Hudbay.

“The Ann Mason project meets our stringent acquisition criteria and has the potential to be a long-life, low-cost mine in one of the world’s best jurisdictions for mining, and it is at a stage where we can leverage our management expertise in exploration, engineering, permitting and construction to create value for our shareholders,” added Hair.

About Hudbay
Hudbay is an integrated mining company producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal. With assets in North and South America, the company is focused on the discovery, production and marketing of base and precious metals. Through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and a copper project in Arizona (United States).

To stop by Hudbay’s website, CLICK HERE

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