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The Future of Hudbay is Under Discussion.

 

 Hudbay officials and union presidents met this week to discuss what the future of Hudbay Manitoba looks like.  Vice-President of the Manitoba Business Unit Rob Winton explains times and their peers are certainly being significantly pressured with commodity prices so this week they’ve taken the opportunity to address what their current situation is and understand and share with their employees what their cost attainment actions have been.  He says there have been some small job losses and really sharing with everyone in their operation that Hudbay’s Manitoba Business Unit is going to be operating, they are a viable business but they need to take steps to ensure their long term viability.

             

Winton says they also addressed Triple Seven Mine noting its reserves are defined and the destiny and ultimate life of the mine is dependent on their ability to change their cost situation in the Manitoba business unit.  He concluded Hudbay is committed to exploration and development in Manitoba.

 

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