La canadiense Hudbay Minerals anunció que ha concluido los trabajo de ingeniería detallada y adquisiciones durante el 2013 y que Constancia tiene más de 56% de avance.

El presupuesto de capital del proyecto es de US$ 1,700,000,000, Hudbay ha incurrido en aproximadamente US$ 932,000,000 en los costos al 30 de noviembre de 2013 y ha firmado un adicional de US$305 millones en compromisos.

Hudbay continúa las actividades de construcción de la línea de transmisión eléctrica desde Tintaya a Constancia, con acuerdos preliminares que aseguran el 90% de los derechos de acceso a la tierra para la construcción y las instalaciones civiles tienen un avance del 55% . Equipo de remoción se está entregando en sitio en la fecha prevista y los principales camiones de transporte están siendo montando. Dos de las tres palas hidráulicas que trabajaran en Constancia, ya están en Perú, una ya ensamblada y la otra se está construyendo actualmente. Todas las secciones del molino han sido entregados en sitio. Ambos molinos de bolas ya fueron ensamblados y el molino SAG actualmente está siendo ensamblado. El Montaje e instalación de las celdas de flotación está casi completo.

Según reportó Hudbay, la planta avanza según lo previsto al igual que la productividad. La captación de agua para las operaciones comenzaron en diciembre de 2013 y se encuentran en marcha. La Fundición y el depósito de relaves están avanzando según la agenda prevista. 

De conformidad con los acuerdos entre Hudbay y las comunidades locales, la compañía ha entregado nuevas viviendas a 29 de 36 familias y ha construido un total de 32 hogares. La reubicación de estas familias está en curso. Se espera los resultados de las negociaciones para garantizar los derechos de superficie sobre el depósito Pampacancha para comenzar en un futuro próximo.

Hudbay ha recibido la aprobación de todos los permisos de construcción necesarios. También ha obtenido la aprobación para la devolución anticipada del impuesto al valor agregado en las compras con efecto retroactivo a diciembre de 2012. En el tercer trimestre Hudbay recibió la aprobación de su Estudio de Impacto Ambiental y Social (EIAS) Modificación 1 y presentó una solicitud de una segunda modificación de la EIA en diciembre de 2013, lo que cubriría la configuración final del proyecto y permitir la incorporación de Pampacancha a la mina plan. Una enmienda al permiso de la mina para permitir la minería de conformidad con EIA Modificación 1 fue aprobado en diciembre de 2013. También en diciembre de 2013.

EL PRESUPUESTO DE EXPLORACION DE HUDBAY

Hudbay ha presupuestado gastos de exploración por C$ 20,4 millones que se dedicaban casi exclusivamente a Brownfield, cerca de los depósitos existentes de la compañía. 

En Perú, Hudbay espera continuar las actividades de exploración en el pórfido cerca del depósito Constancia. Actividades geofísicas están actualmente en marcha para ayudar a definir nuevas áreas de actividad para 2014. C$ 2.1 millones.

TORONTO, ONTARIO--(Marketwired - Jan. 8, 2014) - HudBay Minerals Inc.("Hudbay" or the "company") (TSX:HBM)(NYSE:HBM) -

Summary

• Capital investment forecast of approximately $1.0 billion, including $904 million in growth initiatives
• Exploration budget of $20.4 million, focused on development of an underground exploration drift at the Lalor mine and other exploration near existing and planned processing infrastructure in Manitoba and Peru
• Commercial production from the Reed mine expected in the first half of 2014 and commercial production from the main production shaft at the Lalor project expected to be declared in the second half of 2014
• The production schedule for the Constancia project is unchanged with initial production expected in late 2014 and commercial production projected for the second quarter of 2015
• Contained metal in concentrate production across all key metals is expected to increase over 2013 levels due to the full year of production expected from the Reed mine and initial production expected from the completed production shaft at Lalor and the Constancia project

HudBay Minerals Inc. ("Hudbay" or the "company") (TSX:HBM)(NYSE:HBM)today released its production guidance along with its exploration and capital expenditure forecasts for 2014.

Lalor

The company has invested approximately $412 million at the Lalor project toNovember 30, 2013 and has entered into an additional $42 million in commitments. The Lalor underground mine remains on schedule and on budget. Underground project development has continued, with completion of the excavation of the production shaft to the 985 metre level. Initial steel guide installation is planned for January 2014. Receipt of the Environmental Act licence, which permits mining from the production shaft, is expected in the ordinary course.

The company is investing $9 million at its existing Snow Lake concentrator to refurbish equipment and facilities and double production capacity to approximately 2,700 tonnes per day by mid-2014, when the production shaft at Lalor is being commissioned. This investment has enabled the deferral of construction of the new Lalor concentrator until 2015. The company has allocated $10.5 million of Lalor's $75 million growth capital budget to continue with engineering and optimization work for the new concentrator during 2014.

Constancia

At Constancia, detailed engineering and procurement were completed during 2013 and the project is over 56% complete to December 31, 2013. Of the total project capital budget of US$1.7 billion, Hudbay has incurred approximately US$932 million in costs to November 30, 2013 and has entered into an additional US$305 million in commitments.

Hudbay is continuing construction activities on the power transmission line from Tintaya to Constancia, with preliminary agreements securing approximately 90% of the land access rights for pylon construction and civil foundations completed on 55% of the tower sites. Mine equipment is being delivered to site on schedule and major haul trucks are currently being assembled. Two of the three hydraulic shovels are in Peru with one assembled and one currently being constructed. All of the mill sections have been delivered to site. Both ball mills have been assembled through trunnions and one SAG mill shell is currently being assembled with the head ends currently being attached. Assembly and installation of the float cells is almost complete with three shells remaining. Hudbay is conducting steel erection at the plant site and productivity is advancing well. Water capture for operations began in December 2013. Foundation work and dam construction on the east tailings facility are underway and on schedule. Bog removal in the tailings facility continues with good productivity and volume assumptions are in line with expectations.

In accordance with the agreements Hudbay has entered into with local communities, the company has delivered new homes to 29 of 36 families and has constructed a total of 32 homes. The relocation of these families is in progress. Negotiations to secure surface rights over the Pampacancha deposit are expected to commence in the near future.

Hudbay has received approval of all required construction permits. It has also obtained approval for the early refund of value added tax on purchases with retroactive effect to December 2012. In the third quarter Hudbay received approval of its Environmental and Social Impact Assessment (ESIA) Modification 1 and submitted an application for a second amendment to the ESIA in December 2013, which would cover the final project configuration and permit the incorporation of Pampacancha into the mine plan. An amendment to the mine permit to allow for mining in accordance with ESIA Modification 1 was approved in December 2013. Also in December 2013, Hudbay entered into a 15-year tax and fiscal stability agreement with the government of Peru. All permitting remains on schedule.

Reed

Of Hudbay's $72 million estimated capital construction budget, the company has invested approximately $59 million on the project to November 30, 2013 and has entered into an additional $5 million in commitments. As of November 30, 2013, project development has advanced 1,662 metres with an additional 417 metres of pre-production development for a total 2,079 metres of advancement.

Initial production was achieved during September 2013. The project is on budget and on schedule and is expected to reach commercial production by the second quarter of 2014.

Exploration Budget

Hudbay has budgeted exploration expenditures of $20.4 million which is almost entirely devoted to brownfield opportunities near the company's existing deposits. A key component of this will be the development of the 955-1025 metre level exploration drift at Lalor during the second half of 2014, which is expected to enable tighter-spaced drilling to upgrade known inferred resources and to test the down plunge exploration potential of the gold and copper-gold zones. Underground exploration drilling at 777 will also continue with the objective of extending the mine life beyond 2021.
In Peru, Hudbay expects to continue exploration activities on the porphyry and skarn mineralization potential of its property near the Constancia deposit. Geophysical activities are currently underway to help define new areas of activity for 2014.