Hudbay is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Chumbivilcas (Peru), and copper projects in Arizona and Nevada (United States). The Company’s growth strategy is focused on the exploration, development, operation and optimization of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. The Company is governed by the Canada Business Corporations Act and its shares are listed under the symbol “HBM” on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima.

For over 90 years, Hudbay has worked toward the goal of translating responsible mining into positively impacting people’s lives, local communities and broader regional economies. Our experience in building strong relationships and making a valuable contribution wherever we do business guides us as we expand our presence in the Americas.

When Hudbay started in 1927, our operations were based in Manitoba and our primary market was North America. Today, our company is international and our market is global.

This report provides internally assessed Towards Sustainable Mining (TSM) performance results for both of our current operating business units.  The Manitoba Business Unit (MBU) is located in Flin Flon and Snow Lake, Manitoba. Our South American Business Unit (SABU) operation is located in the Chumbivilcas province of Peru.

In 2019, the MBU improved its performance against one protocol, but slipped on another.   The Biodiversity Diversity Conservation Management protocol performance improved, while the Aboriginal and Community outreach performance fell back to A level for one indicator.  The MBU successfully maintained its rating across all Tailings Management, Safety and Health, Energy Use and Greenhouse Gas Emissions Management and Crisis and Communications Planning indicators.  Action was taken to address the requirements contained within the new Water Stewardship protocol.

At the Constancia operation in Peru, level AAA performance was maintained for the community outreach, Biodiversity Conservatoin Management, Tailings Management and Health and Safety protocols.  The energy use target was not attained and thus impacted the performance for one indicator within this protocol, although improvements were attained for the other indicators.  Improvements were also made to enable a “yes” across all required components of crisis management planning. Action was taken to address the requirements contained within the new Water Stewardship protocol.

Both business units have continued work to ensure alignment with the updated tailings management guide, protocol and table of conformance.

For 2020, Hudbay is anticipating that its TSM performance results will at least be maintained across both operating Business Units.  Both locations are also working towards at least an A level performance against the new Water Stewardship protocol.

Several case studies highlighting Hudbay activity related to the TSM protocol subjects can be found in the annual sustainability reports which are available on its website.

For more information, please visit www.hudbayminerals.com.