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Hudbay Minerals Inc (HBM.TO)

HBM.TO on Toronto Stock Exchange

6.56CAD
21 May 2019
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Latest Key Developments (Source: Significant Developments)

Waterton Sends Letter To Hudbay Shareholders Highlighting Entrenchment And Track Record Of Poor Strategic Decision-Making Of Hudbay's Board
Monday, 15 Apr 2019 

April 15 (Reuters) - Hudbay Minerals Inc ::WATERTON SENDS LETTER TO HUDBAY SHAREHOLDERS HIGHLIGHTING ENTRENCHMENT AND TRACK RECORD OF POOR STRATEGIC DECISION-MAKING OF HUDBAY'S BOARD.WATERTON - OWNS IN AGGREGATE 12.09% OF ISSUED AND OUTSTANDING COMMON SHARES OF HUDBAY MINERALS INC.WATERTON - HUDBAY'S SHAREHOLDERS URGED TO ELECT 5 INDEPENDENT, DIRECTOR CANDIDATES TO BOARD.  Full Article

Hudbay Says Direcotr Nominee Slate Includes Two Waterton Nominees
Friday, 5 Apr 2019 

April 5 (Reuters) - Hudbay Minerals Inc ::HUDBAY ISSUES MANAGEMENT INFORMATION CIRCULAR, CONTINUES WITH BOARD RENEWAL AND WARNS SHAREHOLDERS THAT WATERTON THREATENS HUDBAY’S POSITIVE MOMENTUM.HUDBAY - RECOMMENDS SHAREHOLDERS VOTE FOR 3 NEW DIRECTORS, INCLUDING 2 WATERTON NOMINEES MIKE ANGLIN & DAVID SMITH TO REPLACE 2 DEPARTING DIRECTORS.HUDBAY MINERALS INC - WARREN HOLMES, ALAN LENCZNER WILL NOT BE STANDING FOR RE-ELECTION TO BOARD.HUDBAY MINERALS INC - RECOMMENDED ADDITION OF RICHARD HOWES AS A NEW INDEPENDENT DIRECTOR..HUDBAY MINERALS - RECOMMENDED SLATE OF DIRECTORS WOULD SERVE ON AN 11 MEMBER BOARD, UP FROM CURRENT 10 DIRECTORS.  Full Article

Gmt Capital Corp Reports 11.8 Pct Share Stake In Hudbay Minerals
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Hudbay Minerals Inc ::GMT CAPITAL CORP REPORTS 11.8 PERCENT SHARE STAKE IN HUDBAY MINERALS INC AS OF MARCH 22 - SEC FILING.GMT CAPITAL CORP SAYS PURCHASED HUDBAY MINERALS SHARES BASED ON BELIEF THAT SHARES, AT THE TIME OF PURCHASE, WERE "UNDERVALUED".  Full Article

Waterton Announces Eight Fully Independent Director Nominees For Election To Hudbay Minerals Board
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Hudbay Minerals Inc ::WATERTON ANNOUNCES EIGHT FULLY INDEPENDENT DIRECTOR NOMINEES FOR ELECTION TO HUDBAY MINERALS BOARD AT 2019 ANNUAL MEETING.WATERTON SAYS IS PROPOSING ITS BOARD NOMINEE, PETER KUKIELSKI, FOR ROLE OF CEO OF HUDBAY.WATERTON SAYS KUKIELSKI MOST RECENTLY HELD CEO ROLE AT NEVSUN RESOURCES.WATERTON SAYS PROPOSED DIRECTOR SLATE IS FULLY INDEPENDENT AND DOES NOT INCLUDE ANY EMPLOYEES OR DIRECT REPRESENTATIVES OF WATERTON.WATERTON SAYS BELIEVE BOARD SHOULD BE REFRESHED TO INCLUDE MINING SECTOR EXPERTISE WHO ARE RESPONSIVE TO ISSUES THAT CHALLENGE HUDBAY.WATERTON SAYS CURRENTLY SUPPORTIVE OF RE-ELECTION OF HUDBAY DIRECTORS CAROL BANDUCCI & SARAH KAVANAGH TO BOARD AT UPCOMING ANNUAL MEETING.WATERTON SAYS IS PROPOSING RICHARD NESBITT FOR ROLE OF CHAIRMAN.  Full Article

Mason Resources Shareholders Approve Plan Of Arrangement With Hudbay Minerals
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Mason Resources Corp ::MASON RESOURCES SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT WITH HUDBAY MINERALS.MASON RESOURCES CORP - WILL SEEK A FINAL ORDER FROM SUPREME COURT OF BRITISH COLUMBIA WITH RESPECT TO ARRANGEMENT ON DECEMBER 18, 2018.MASON RESOURCES CORP - EXPECTS CLOSING OF ARRANGEMENT TO OCCUR ON DECEMBER 19, 2018.  Full Article

Waterton Intends To Nominate Directors For Hudbay Minerals' Board
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Hudbay Minerals Inc ::WATERTON ANNOUNCES INTENTION TO NOMINATE MAJORITY SLATE OF FULLY INDEPENDENT DIRECTORS FOR HUDBAY MINERALS BOARD.WATERTON SAYS BELIEVES IMMEDIATE LEADERSHIP CHANGE IS REQUIRED AT HUDBAY MINERALS.WATERTON SAYS ATTEMPTED TO ENGAGE WITH HUDBAY MINERALS BUT DISAPPOINTED BY CO'S INTERACTIONS, STATEMENTS.WATERTON SAYS WILL SOON ANNOUNCE SLATE OF INDEPENDENT DIRECTOR NOMINEES FOR HUDBAY MINERALS BOARD, INCLUDING A POTENTIAL CEO CANDIDATE.WATERTON - HAS WITHDRAWN REQUISITION OF SPECIAL MEETING OF HUDBAY'S SHAREHOLDERS RELATED TO ADVISORY RESOLUTION.WATERTON SAYS WATERTON GLOBAL RESOURCE MANAGEMENT, WITH CERTAIN OF ITS FUNDS, OWN ABOUT 10% OF ISSUED AND OUTSTANDING SHARES OF HUDBAY MINERALS.WATERTON SAYS DID NOT REQUEST ANY WATERTON REPRESENTATIVES BE ADDED TO BOARD OF HUDBAY.WATERTON - EXPECT TO FINALIZE DIRECTOR NOMINEES FOR HUDBAY MINERALS WITHIN NEXT FEW WEEKS.  Full Article

Waterton Global Resource Management Raises Stake In Hudbay Minerals, Sent Letter to Board
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Hudbay Minerals Inc ::WATERTON GLOBAL RESOURCE MANAGEMENT-ON OCT 24, DELIVERED LETTER TO HUDBAY MINERALS BOARD IN RESPONSE TO HUDBAY MINERALS PRESS RELEASE ISSUED ON OCT 23.WATERTON GLOBAL-IN LETTER, REITERATED REASONING FOR REQUISITIONING SPECIAL MEETING TO ADOPT RESOLUTION URGING HUDBAY BOARD TO SEEK APPROVAL FOR CERTAIN MATERIAL TRANSACTIONS.WATERTON GLOBAL-IN ADDITION, LOOKS FORWARD TO MEETING ON NOV 1, HUDBAY'S CHAIRMAN, BOARD MEMBERS TO DISCUSS SHAREHOLDER PROPOSAL, RECONSTITUTION OF BOARD.WATERTON GLOBAL RESOURCE MANAGEMENT INCREASES STAKE IN HUDBAY MINERALS TO 7.4 PERCENT AS OF OCT 24 FROM A STAKE OF 7.0 PERCENT AS OF OCT 10 - SEC FILING.  Full Article

Waterton Announces Intention To Requisition Special Meeting Of Shareholders Of Hudbay Minerals
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Waterton Global Resource Management​::WATERTON ANNOUNCES ITS INTENTION TO REQUISITION A SPECIAL MEETING OF SHAREHOLDERS OF HUDBAY MINERALS.FUNDS MANAGED BY WATERTON GLOBAL RESOURCE MANAGEMENT OWN ABOUT 7% OF ISSUED & OUTSTANDING SHARES OF HUDBAY MINERALS.TO REQUISITION MEETING TO ADOPT RESOLUTION URGING HUDBAY'S BOARD NOT TO APPROVE ANY AGREEMENT/TRANSACTION PRIOR TO 2019 MEETING .  Full Article

Waterton Global Resource Management Reports 7.0 Pct Stake In Hudbay Minerals As Of Oct 10
Wednesday, 17 Oct 2018 

Oct 17 (Reuters) - Hudbay Minerals Inc ::WATERTON GLOBAL RESOURCE MANAGEMENT INC REPORTS 7.0 PERCENT STAKE IN HUDBAY MINERALS INC AS OF OCTOBER 10 - SEC FILING.WATERTON GLOBAL RESOURCE MANAGEMENT INC SAYS PURCHASED HUDBAY MINERALS INC SHARES BASED ON BELIEF THAT SHARES, WHEN PURCHASED, WERE "UNDERVALUED".WATERTON GLOBAL RESOURCE MANAGEMENT SAYS ON OCT 16, REPRESENTATIVES OF CO HAD TELEPHONE CONVERSATION WITH HUDBAY MINERALS.WATERTON SAYS REQUESTED HUDBAY TO GIVE CLARIFYING STATEMENT TO SHAREHOLDERS CONFIRMING IS NOT CURRENTLY PURSUING MANTOS TRANSACTION IN ANY FORM.WATERTON - ALAN HIBBEN COMMUNICATED ON OCT 16, HUDBAY BOARD NOT WILLING TO ISSUE ANY CLARIFYING STATEMENTS RELATING TO IMMINENT TRANSACTIONS.WATERTON SAYS ALSO REQUESTED MEETING WITH HUDBAY BOARD TO DISCUSS CURRENT COMPOSITION OF BOARD.WATERTON - ALAN HIBBEN AGREED TO ARRANGE MEETING WITH WATERTON IN NEAR TERM TO DISCUSS CONCERNS WITH RESPECT TO COMPOSITION OF HUDBAY'S BOARD.  Full Article

Hudbay Reports Q2 Earnings Per Share $0.09
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Hudbay Minerals Inc ::HUDBAY ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $0.09.QUARTERLY REVENUE $371.3 MILLION VERSUS $336.0 MILLION.Q2 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $373.6 MILLION -- THOMSON REUTERS I/B/E/S.PRODUCTION RESULTS TO DATE ARE ON TRACK TO MEET 2018 PERU PRODUCTION GUIDANCE.  Full Article

Deals of the day-Mergers and acquisitions

May 8 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Wednesday: