Hudbay Minerals sees 2026 gold output 217,000 to 272,000 oz

Hudbay Minerals sees 2026 gold output 217,000 to 272,000 oz

Hudbay Minerals Issues 2026 Gold Production Guidance Amid Exploration Progress

Hudbay Minerals Inc. (TSX: HBM) has outlined a projected gold output range of 217,000 to 272,000 ounces for 2026, as part of its three-year production outlook announced in an annual reserve and resource update. The guidance reflects the company's strategic focus on optimizing operations at its existing assets, including the 75%-owned 777 Mine in Quebec and the 100%-owned Rosebel Gold Mine in Suriname, while advancing exploration initiatives.

The updated guidance follows Hudbay's strong performance in 2025, during which the company reported record fourth-quarter and full-year results, achieving its consolidated copper and gold production and cost targets. In the third quarter of 2025 alone, operational resilience was highlighted as a key factor in maintaining production levels despite market volatility. The company also noted positive exploration results at its Snow Lake property in Manitoba, which could contribute to long-term resource growth.

Hudbay's 2026 outlook aligns with its broader strategy to balance production stability with cost management. The company emphasized that the guidance range accounts for potential fluctuations in commodity prices, operational constraints, and exploration outcomes. Investors were directed to Hudbay's investor relations platform for detailed reserve and resource data, as well as updates on capital allocation priorities.

While the guidance does not include specific cost metrics for 2026, Hudbay reiterated its commitment to maintaining disciplined cash flow generation, a theme underscored by its second-quarter 2025 results, which demonstrated improved operational efficiency. The company also reiterated its policy of transparency in data handling for investor communications, including email alert subscriptions and reporting standards.

Investors seeking further details are encouraged to review Hudbay's latest press releases or contact the company directly for clarification on production assumptions or exploration timelines.

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