Hudbay Minerals Inc. reported Consolidated production results for the first quarter ended March 31, 2024. Consolidated copper production of 34,749 tons in the first quarter of 2024 declined from the strong levels achieved in the fourth quarter of 2023 but was in line with mine plan expectations. Consolidated gold production of 90,392 ounces in the first quarter exceeded expectations.

First quarter production benefitted from the continued mining of high copper and gold grades at the Pampacancha deposit in Peru, continued high gold grades mined at Lalor and strong performance from the New Britannia mill in Manitoba, and the operational stabilization efforts at the Copper Mountain mine in British Columbia. Total production of Silver were 947,917 ounces against 702,809 ounces a year ago. Total production of zinc were 8,798 tons against 9,846 tons a year ago.

Total production of Molybdenum were 397 tons against 289 tons a year ago.