$HBM

HudBay Minerals (HBM) plans to release a definitive feasibility study for Copper World before Q3 results and expects a final investment decision with Mitsubishi Corp soon. The company also reported a 60% increase in Snow Lake gold reserves, supporting ~185,000 oz annual production for five years, with additional upside at Britannia.

HudBay Minerals (HBM) stock rose 3.3% to C$38.50 after Scotiabank raised its earnings estimates, citing improved operational execution. The company's Snow Lake gold operations saw extended life to 2043, with gold reserves up 38%. Goldman Sachs increased its price target to C$41. The stock also crossed its 200-day moving average, attracting momentum-driven buying. The broader market's risk-on tone supported commodity-linked equities.

Hudbay Minerals (HBM) expects to release a definitive feasibility study for its Copper World project, with a final investment decision anticipated soon. The project, with updated costs reflecting inflation and higher steel prices, aims to add 90,000 tonnes of annual copper production. Hudbay also plans to advance its Cactus and Mason projects, targeting a total U.S. copper production of 350,000 tonnes annually by 2035.

Hudbay extended Snow Lake's mine life to 2043, increasing gold production estimates by 60% to 2.8 million ounces. Mineral reserves rose to 27 million tonnes with 2.0 million ounces of gold, and resources increased to 21 million tonnes with 1.5 million ounces. The extension may make Hudbay's valuation more sensitive to long-term gold prices and discount rates, according to the article.

Hudbay Minerals Inc. (TSX, NYSE: HBM) extended Snow Lake's gold reserve mine life to 18 years, with a 60% increase in life-of-mine gold production to 2.8 million ounces. The update includes a 37% rise in 2026-2030 gold production, averaging 185,000 ounces annually, and improved cash costs. Growth potential identified from resource conversion and the Britannia Gold Project.

Hudbay Minerals (HBM) updated its Snow Lake mine plan, extending reserve life to 2043 and boosting projected gold output 60% to 2.8M oz. Average annual production is expected to rise 37% to 185K oz in 2026-2030, with cash costs at $821/oz. Reserves increased 38% to 27M tonnes, 2.0M oz gold.

Hudbay Minerals Inc. (TSX:HBM) has been added to the FTSE All-World Index. The company's stock has seen a 5-day change of 37.68 CAD, a 1.76% increase over the past week, and a 38.28% rise year-to-date. This inclusion may impact investor perception and trading activity.

Hancock Prospecting, led by Gina Rinehart, has invested A$8.77 million in White Cliff Minerals (WCN), gaining a 14% stake. This is part of a broader investment strategy over the past year, including stakes in Arafura Rare Earths (ARU), St George Mining (SGQ), and Rare Earths Americas (REA). Hancock has also increased positions in MP Materials (MP), Lynas Rare Earths (LYC), and Hudbay Minerals (HBM), while exiting SQM (SQM). The investments span rare earths, copper, and strategic metals, diversif

Gina Rinehart's Hancock Prospecting has invested in nine mining and metals companies in a year, diversifying from iron ore. Recent investments include A$8.77 million in White Cliff Minerals (ASX: WCN) for a 13.5% stake, and A$125 million in Arafura Rare Earths (ASX: ARU). Hancock also holds stakes in Rare Earths Americas (NYSE: REA), MP Materials (NYSE: MP), and Lynas Rare Earths (ASX: LYC). The company has also invested in defence contractors and SpaceX.

Canadian analysts updated ratings and price targets for various companies. Enbridge (ENB) and TC Energy (TRP) received upgrades, while Evertz Technologies (ET) saw multiple target reductions. Notable changes include BCE (BCE) upgraded to BUY, Canfor (CFP) raised to STRONG BUY, and West Fraser (WFG) target increased. Several new coverages were initiated, including for Calian Group (CGY) and Skeena Resources (SKE).