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Canada

Copper Mountain

Primary Metals

Copper, Gold,
Silver

Daily Mill Capacity

45,000 tonnes

Mine Type

Open Pit

Snow Lake

Primary Metals

Gold, Zinc,
Copper

Daily Mill Capacity

5,300 tonnes

Mine Type

Underground

  • Why Copper
  • Why Hudbay
  • Canada
  • United States
  • Peru
  • About Us
    • Board
    • Management
    • Governance
    • History
    • 2024 Annual Report Highlights
  • Sustainability
    • Health and Safety
    • Environment
    • Communities
    • Ethics and Human Rights
    • Annual Report
  • Investors
    • Financial Reporting
    • Events
    • Press Releases
    • Stock Information and Dividends
    • Analyst Coverage
    • Guidance
    • Reserves and Resources
  • Disclosure Centre
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With close to 100 years of history, Hudbay is proud to be the third-largest copper producer in Canada with operations in British Columbia and Manitoba.

Our Canadian business can trace its history back almost a century, to our first mines in Manitoba’s Flin Flon Snow Lake Greenstone Belt. It was there we laid the foundation for the mine-building expertise and community engagement that distinguish Hudbay to this day. Our operational focus in Canada, with two operating mines in British Columbia and Manitoba, is core to our ability to create sustainable long-term value for shareholders.

With the addition of the Copper Mountain Mine, Hudbay has become the third-largest copper producer in Canada. The Copper Mountain Mine, located south of Princeton, British Columbia, is a conventional open pit, truck and shovel operation. Hudbay owns 75% of the Copper Mountain Mine, with the remainder owned by Mitsubishi Materials Corporation. The mine has a 45,000 tonnes per day plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits.

Manitoba’s Snow Lake region continues to be an area of opportunity as our reserves, processing capacity and exploration activities expand in the region, setting the stage for a new phase of growth. Our Lalor mine (gold, zinc, copper, silver) in Snow Lake is a meaningful low-cost gold producer that substantially benefited from the refurbishment of the New Britannia mill in 2021. Hudbay has been actively conducting drilling activities testing the down-plunge gold and copper extensions of the Lalor deposit, in the first step out drilling in the deeper zones at Lalor since the initial discovery of the gold zones in 2009.

Number of Employees

Copper Mountain
681

Snow Lake
1,100

Mine Life

Copper Mountain
+19 years


Snow Lake
+13 years
The electricity used to run our processing plants is primarily renewable.

Snow Lake 2024 Performance (Contained Metal in Concentrate & Doré)

Gold:

214,225 ounces

Copper:

12,536 tonnes

Zinc:

33,339 tonnes

Silver:

995,090ounces

Snow Lake 2025 Guidance (Contained Metal in Concentrate & Doré)

Gold:

180,000 - 220,000 ounces

Copper:

9,000 - 11,000 tonnes

Zinc:

21,000 - 27,000 tonnes

Silver:

800,000 - 1,000,000 ounces

Copper Mountain 2024 Performance (Contained metal in concentrate produced)
Note: Includes 100% of Copper Mountain production.

Copper:

26,406 tonnes

Gold:

19,789 ounces

Silver:

280,499 ounces

Copper Mountain 2025 Guidance(Contained metal in concentrate)

Copper:

28,000 - 41,000 tonnes

Gold:

18,500 - 28,000 ounces

Silver:

245,000 - 365,000 ounces

Environment

We take environmental performance seriously, and are implementing the Mining Association of Canada’s TSM (Towards Sustainable Mining) protocols for Biodiversity, Energy and Greenhouse Gas and Tailings at all of our operations. These protocols provide clear guidelines for monitoring, measuring and reporting on performance. They emphasize management processes, senior executive oversight and expert third-party reviews, which help to ensure appropriate technical standards of construction, maintenance and operation.

AAA Rating
Attained for tailings management in the latest TSM Progress Report

Community

Hudbay didn’t just build a successful business in northern Manitoba – it helped build successful communities like the city of Flin Flon. We recognize and acknowledge the land on which we will operate in Manitoba is on the traditional territory of the Swampy Cree and Woodland Cree, the Anishinaabe, OjiCree, Dene and homeland of the Métis Nation peoples.

We acknowledge that we operate in British Columbia on the unceded territories of the Upper and Lower Similkameen Indian Bands. Copper Mountain has participation agreements in place with the Upper Similkameen Indian Band and the Lower Similkameen Indian Band as well as support from the town of Princeton and the province of British Columbia.

Through jobs, business opportunities, taxes and royalties, community development programs and infrastructure investments, we support and advance long-term socio-economic development. Developing job skills within indigenous communities not only helps the communities; it also benefits Hudbay by growing the base from which we hire and increasing the number of qualified suppliers from which we procure goods and services.

15%
Of our employees in British Columbia self-identify as indigenous
14%
Of our employees in Manitoba self-identify as indigenous

People

We recognize that employing people with different backgrounds, experiences and perspectives makes us stronger and fosters collaboration. In Manitoba, we partnered with the Northern Manitoba Sector Council to increase recruitment of indigenous employees. Twelve people have been hired under the program so far. Separately, two women in our Manitoba Business Unit founded the Hudbay Women’s Network, an employee-led voluntary resource group. The group’s founding principle is gender inclusion and its goal is to empower Hudbay employees by providing a vehicle for professional growth and a strong voice. To learn more, please visit: Hudbay Women’s Network: Fostering Gender Diversity in Mining.

18%
Of our employees in British Columbia are female
18%
Of our employees in Manitoba are female

Reserves and Resources – Copper Mountain

Reserves and Resources – Lalor

Reserves and Resources – Snow Lake Region

Latest Report

Technical Reports

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Quicklinks

  • Quarterly Results
  • Health and Safety
  • Copper Mountain Acquisition Presentation
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  • Why Copper
  • Why Hudbay
  • Canada
  • United States
  • Peru
  • About Us
    • Board
    • Management
    • Governance
    • History
    • 2024 Annual Report Highlights
  • Sustainability
    • Health and Safety
    • Environment
    • Communities
    • Ethics and Human Rights
    • Annual Report
  • Investors
    • Financial Reporting
    • Events
    • Press Releases
    • Stock Information and Dividends
    • Analyst Coverage
    • Guidance
    • Reserves and Resources
  • Disclosure Centre
  • Careers

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