Average annual copper production of 46,500 tonnes over the first five years with cash costs of $1.89Total(000s)(000s)(000s)123423Mineral Reserve and Resource Estimates(%)(g/t)(g/t)(%)1234Vice President, Investor Relations (416) 814-4387 [email protected]iTotal(000s)(000s)(000s)per day(000s)(000s)12345The Copper Mountain mine is located in British Columbia, Canada, 21 kilometres by road south of the town of Princeton and 304 kilometres by road east of Vancouver. The operations consist of the Copper Mountain pit, the New Ingerbelle pit, an ore processing plant, a waste rock facility, a tailings management facility and other associated site infrastructure that support the operations. Copper Mountain is a meaningful contributor to Hudbay’s consolidated copper production profile. The impact is significant after 2025 with increases of up to 50% in annual copper production to maintain the 150,000 tonnes per year level. Hudbay’s mine plan incorporates accelerated stripping activities to help mitigate the impacts of substantially reduced stripping undertaken by Copper Mountain over the past four years. The accelerated stripping is expected to enable access to higher grade ore and improve the efficiency of the mine. Hudbay expects sustained improvements in mill throughput to achieve the design capacity of 45,000 tonnes per day and an expansion to the permitted limit of 50,000 tonnes per day in 2027. (GlobeNewsWire)
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