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Hudbay Minerals to Present at TD Newcrest 2011 Mining Conference

January 26, 2011

TORONTO, ONTARIO -- (MARKET WIRE) -- 01/26/11 -- HudBay Minerals Inc. ("HudBay", the "company") (TSX: HBM)(NYSE: HBM) today announced that David Garofalo, President and Chief Executive Officer, will be speaking on Thursday, January 27, 2011 at 10:55 a.m. ET at the TD Newcrest 2011 Mining Conference held in Toronto, Ontario at the Sheraton Centre Toronto Hotel. The presentation will be available on HudBay's website at www.hudbayminerals.com.

HudBay Minerals Inc.

HudBay Minerals Inc. (TSX: HBM)(NYSE: HBM) is a Canadian integrated mining company with assets in North and Central America principally focused on the discovery, production and marketing of base metals. The company's objective is to maximize shareholder value through efficient operations, organic growth and accretive acquisitions, while maintaining its financial strength. A member of the S&P/TSX Composite Index and the S&P/TSX Global Mining Index, HudBay is committed to high standards of corporate governance and sustainability.

(HBM-G)

Contacts:

HudBay Minerals Inc.

John Vincic, Vice President,

Investor Relations & Corporate Communications

416-362-0615

john.vincic@hudbayminerals.com

Source: HudBay Minerals Inc.

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