Production and Outlook
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| Zinc (000's tonnes) |
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| Copper (000's tonnes) |
| - From HudBay sources |
| - From Purchased Concentrates |
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| Gold (000's oz) |
| - From HudBay sources |
| - From Purchased Concentrates |
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| Silver (000's oz) |
| - From HudBay sources |
| - From Purchased Concentrates |
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Totals for 2009F include metal produced from HudBay's own concentrates and metal produced from concentrates produced from others.
Copper, gold and silver production for 2009F excludes recycled spent anode and represents non-recycled anode production only.
Targeted 2009 Exploration Plan * ($ millions)
| Flin Flon Greenstone Belt |
| Grassroots exploration |
4.7 |
|
| Lalor Project |
6.9 |
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| Underground mine exploration |
3.4 |
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| Administration and studies |
3.8 |
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18.8 |
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| Elsewhere |
| Balmat and district |
0.5 |
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| Other districts |
0.7 |
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1.2 |
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| Total |
20.0 |
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* All values are preliminary estimates, and actual expenditures may vary and will depend on several factors and may be subject to change.
2009 Net Earnings Sensitivities
| Net Earnings Sensitivity |
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|
A change of |
Would change 2009 net earnings by (C$ million) |
Would change 2009 net earnings per share by (C$/share) |
| Zinc |
lb. |
US$ 0.10 |
$14.9 |
$0.10 |
| Copper |
lb. |
US$ 0.10 |
$8.1 |
$0.05 |
| Gold |
troy oz. |
US$ 25.00 |
$1.7 |
$0.01 |
| Silver |
troy oz. |
US$ 1.00 |
$1.0 |
$0.01 |
| Exchange Rates |
US$1 to C$ |
C$ 0.01 |
$2.4 |
$0.02 |
Net earnings per share based on common shares outstanding of 153.0 million.
Zinc, copper, gold, and silver prices based on exchange rate of US$1 to C$1.2.
Excahnge Rates based on metal prices of US $0.60/lb zinc, US $1.50/lb. copper, and US$850/oz gold.
Forward-looking information
This website page contains "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to estimated metals production, exploration spending and earnings sensitivities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of HudBay Minerals Inc. (HudBay) to be materially different from those expressed or implied by such forward-looking information, including risks associated with the mining industry such as economic factors, government regulation and approvals, environmental risks, success of exploration activities, future commodity prices, capital expenditures, possible variations in ore reserves, grade, or recovery rates, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, access to capital as well as those factors discussed in the section entitled "Risk Factors" in HudBay's Annual Information Form for the year ended December 31, 2007, available on www.sedar.com. Although HudBay has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. HudBay does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
