GOLD-COPPER-ZINC: Hudbay declares commercial production at Lalor

MANITOBA – Hudbay Minerals of Toronto has declared the first phase of commercial production at its Lalor gold-copper-zinc mine near Snow Lake. Starting next month, Lalor output is expected to contribute positively to the company's bottom line.

Production at the Lalor mine began in August 2012. The ore is being processed at the Snow Lake mill until the Lalor production shaft and new 4,500-t/d concentrator are finished in 2014. Capital costs are expected to be approximately $794 million.

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