Hudbay Minerals has resumed operations at its Constancia mine in Peru, weeks after halting output due to local protests and blockades that disrupted access to the site.
The company said a 20,000 dry-metric-tonne concentrate shipment originally scheduled for late September has been delayed to early October because of transport disruptions and adverse ocean conditions. The delay will temporarily reduce third-quarter sales volumes, Hudbay noted.
During the shutdown, the company carried out preventive maintenance on the mill and mining equipment. Hudbay added that its workforce is returning to normal levels in the coming days.
Following the update, Hudbay shares rose 1.3% in New York, giving the company a market capitalization of $6.27 billion.
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Hudbay Minerals has resumed operations at its Constancia mine in Peru, weeks after halting output due to local protests and blockades that disrupted access to the site.
The company said a 20,000 dry-metric-tonne concentrate shipment originally scheduled for late September has been delayed to early October because of transport disruptions and adverse ocean conditions. The delay will temporarily reduce third-quarter sales volumes, Hudbay noted.
During the shutdown, the company carried out preventive maintenance on the mill and mining equipment. Hudbay added that its workforce is returning to normal levels in the coming days.
Following the update, Hudbay shares rose 1.3% in New York, giving the company a market capitalization of $6.27 billion.