In Hudbays second quarter 2022 financial report President Peter Kukielski reported full year 2022 production and operating cost guidance is reaffirmed as second quarter production was in line with expectations….

“We achieved a solid operational quarter setting us up for a strong second half of the year.  Our consolidated copper production in the quarter was 25.7 thousand tonnes in line with our expected quarterly cadence and 4 percent higher than in the first quarter.  Consolidated gold production increased 9 percent another record for Hudbay due to higher gold grades in Peru and higher output from New Britannia in Snow Lake.  Consolidated zinc production was 23 percent lower than the first quarter primarily due to lower tonnes and grades at Triple Seven as the mine approached the end of its life and the continued transition towards mining the gold lenses at Lalor with a corresponding decrease of production from the base metal zones.”

Kukielski noted net earnings in the second quarter of 2022 were 30.5 million dollars after adjusting for the non-cash gain related to the revaluation of the environmental provision in Flin Flon and the specific asset impairment loss at Rosemont in Arizona among other things.