Hudbay is an integrated mining company that produces copper concentrate (containing copper, gold and silver) and zinc metal. The company is headquartered in Toronto, and is listed on the Toronto, New York and Lima stock exchanges under the symbol “HBM.” Hudbay has operating mines in Manitoba and the Cusco Region of Peru and has a development project in Arizona.

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 third-party verified 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 2018, the MBU improved its performance against three protocols.  The MBU achieved its energy use and GHG emission reduction target, restoring previously attained A level performance for this indicator.  In addition, improvements were made for one indicator within each of the TSM Safety and Health and Aboriginal and Community Outreach Protocols.  The MBU also successfully maintained its rating across all tailings management, biodiversity and crisis management planning indicators.

At the Constancia operation in Peru, level AAA performance was maintained for the community outreach, biodiversity management and health and safety management protocols.  The energy use target was not attained and thus impacted the performance for one indicator within this protocol.  A few gaps remain to enable a “yes” across all required components of crisis management and communications planning.

Both business units have continued work to close identified gaps resulting from the updated tailings management guide, protocol and table of conformance.  Internal discussions are continuing to determine the appropriate performance level to target for this protocol, considering the changes in requirements, the time necessary to fill the gaps and the time remaining for auditing implementation of these changes.

For 2019, Hudbay is anticipating that its TSM performance results will at least be maintained across both business units.  Both locations are also working towards at least an A level performance against the new TSM 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