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Manitoba Continues to Meet Hudbays Expectations.


In their 2018 second quarter financial report Hudbay says in Manitoba they are on track to meet their 2018 production guidance. President Alan Hair says this is even though a failure of a main exhaust fan at Lalor near Snow Lake in June has created operating restrictions underground that are limiting ore production but repairs are expected to be completed this month.  He reported ore mined during the second quarter of 2018 slightly decreased compared to the first quarter as increased production at their Reed Mine was offset by decreased production at their Triple Seven Mine.  He said ore processed in Manitoba during the second quarter increased over the first quarter as the transfer of excess Lalor ore to the Flin Flon concentrator and higher than expected ore output from the Reed Mine with the drawdown of stockpiles sustained solid mill throughput.


Hair adds production at Reed Mine is complete and Hudbay continues to work on options to extend the mine life at Triple Seven in Flin Flon which is now set at 2021.



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