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Hudbay Resumes Snow Lake Operations after Wildfire Evacuation

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Hudbay Minerals (NYSE:HBM) has successfully resumed operations at its Snow Lake facility following the lifting of a mandatory wildfire evacuation order on August 22, 2025. The company confirmed no structural damage to its surface infrastructure and facilities, with the New Britannia mill resuming operations on August 26 and the full mining workforce returning to the Lalor mine on August 27.

The Snow Lake operation is expected to reach full production levels by early September, with the company maintaining confidence in achieving its 2025 annual guidance metrics for Manitoba operations despite the wildfire disruption. The restart plan prioritizes employee safety and asset integrity, with comprehensive infrastructure safety reviews completed, including shaft inspection and underground electrical infrastructure restoration.

Hudbay Minerals (NYSE:HBM) ha ripreso con successo le attività presso l'impianto di Snow Lake dopo l'annullamento dell'ordine di evacuazione obbligatoria dovuto agli incendi, avvenuto il 22 agosto 2025. L'azienda ha confermato l'assenza di danni strutturali alle infrastrutture di superficie; il New Britannia mill è tornato in funzione il 26 agosto e l'intero personale minerario è rientrato nella Lalor mine il 27 agosto.

Si prevede che l'operazione di Snow Lake torni ai livelli di produzione piena entro l'inizio di settembre. Nonostante l'interruzione causata dagli incendi, la società mantiene fiducia nel conseguimento delle sue previsioni annuali 2025 per le operazioni in Manitoba. Il piano di riavvio ha posto al primo posto la sicurezza dei dipendenti e l'integrità degli asset, con verifiche complete delle infrastrutture, incluse ispezioni dei pozzi e il ripristino degli impianti elettrici sotterranei.

Hudbay Minerals (NYSE:HBM) ha reanudado con éxito las operaciones en su instalación de Snow Lake tras levantarse la orden de evacuación obligatoria por incendios el 22 de agosto de 2025. La compañía confirmó que no hubo daños estructurales en las infraestructuras de superficie; el New Britannia mill volvió a operar el 26 de agosto y toda la plantilla minera regresó a la Lalor mine el 27 de agosto.

Se espera que la operación de Snow Lake alcance los niveles de producción completos a principios de septiembre. A pesar de la interrupción por los incendios, la empresa confía en cumplir sus metas de guía anual para 2025 en las operaciones de Manitoba. El plan de reinicio prioriza la seguridad del personal y la integridad de los activos, con revisiones exhaustivas de la infraestructura, incluidas inspecciones de los pozos y la restauración de la infraestructura eléctrica subterránea.

Hudbay Minerals (NYSE:HBM)2025� 8� 22� 산불� 인한 필수 대� 명령� 해제� � Snow Lake 시설� 운영� 성공적으� 재개했습니다. 회사� 지� 인프라와 시설� 구조� 손상� 없음� 확인했으�, New Britannia mill은 8� 26일에 가동을 재개했고 전체 광산 인력은 8� 27일에 Lalor mine� 복귀했습니다.

Snow Lake 운영은 9� 초까지 완전 생산 수준� 도달� 것으� 예상됩니�. 산불� 인한 중단에도 불구하고 회사� 매니토바 운영� 대� 2025� 연간 가이던� 지� 달성� 대� 자신감을 유지하고 있습니다. 재가� 계획은 직원 안전� 자산 보전� 최우선으� 하며, 갱도 점검 � 지� 전기 설비 복구� 포함� 포괄적인 인프� 안전 점검� 완료했습니다.

Hudbay Minerals (NYSE:HBM) a repris avec succès ses activités sur son site de Snow Lake après la levée de l'ordre d'évacuation obligatoire lié aux incendies le 22 août 2025. La société a confirmé l'absence de dommages structurels aux infrastructures de surface ; le New Britannia mill a redémarré le 26 août et l'ensemble du personnel minier est retourné à la Lalor mine le 27 août.

On prévoit que l'exploitation de Snow Lake atteindra des niveaux de production complets d'ici début septembre. Malgré l'interruption causée par les incendies, la société reste confiante quant à l'atteinte de ses objectifs annuels 2025 pour les opérations au Manitoba. Le plan de redémarrage priorise la sécurité du personnel et l'intégrité des actifs, avec des vérifications complètes des infrastructures, incluant l'inspection des puits et la remise en état des installations électriques souterraines.

Hudbay Minerals (NYSE:HBM) hat den Betrieb in seiner Snow Lake-Anlage nach Aufhebung der verpflichtenden Evakuierungsanordnung wegen Waldbränden am 22. August 2025 erfolgreich wieder aufgenommen. Das Unternehmen bestätigte, dass an den oberirdischen Einrichtungen keine strukturellen Schäden festgestellt wurden; die New Britannia mill nahm den Betrieb am 26. August wieder auf und die gesamte Bergbaubelegschaft kehrte am 27. August zur Lalor mine ܰü.

Es wird erwartet, dass die Snow Lake-Anlage bis Anfang September die volle Produktion erreicht. Trotz der durch die Waldbrände verursachten Unterbrechung bleibt das Unternehmen zuversichtlich, seine Jahresziele 2025 für die Betriebe in Manitoba zu erreichen. Der Wiederanlauf stellt die Sicherheit der Mitarbeitenden und die Integrität der Anlagen in den Vordergrund; umfassende Sicherheitsprüfungen der Infrastruktur, einschließlich Schachtinspektionen und Wiederherstellung der unterirdischen Elektrotechnik, wurden abgeschlossen.

Positive
  • No structural damage to surface infrastructure and facilities
  • Company expects to maintain its 2025 annual guidance metrics despite disruption
  • Swift return to operations with full production expected by early September
Negative
  • Temporary production disruption due to wildfire evacuation
  • Potential operational ramp-up challenges during September transition

Insights

Hudbay's operations resume after wildfire evacuation with no damage to infrastructure; production expected to reach full capacity by September.

Hudbay Minerals has successfully resumed operations at its Snow Lake facilities following a wildfire-related evacuation, with the New Britannia mill restarting on August 26 and the full mining workforce returning to the Lalor mine on August 27. The company expects to reach full production levels by early September.

The most significant aspect of this announcement is that no structural damage occurred to Hudbay's surface infrastructure during the wildfires, which is crucial for the company's operational continuity. The company has completed a comprehensive safety review, including inspection of the shaft and restart of underground electrical infrastructure - critical steps before resuming mining operations.

Despite the temporary disruption, Hudbay maintains its 2025 annual guidance metrics for Manitoba operations, suggesting the financial impact of the wildfire evacuation will be minimal. This reflects both effective emergency preparedness and the relatively short duration of the operational pause.

For context, the Snow Lake operations, including the Lalor mine and processing facilities, represent a significant portion of Hudbay's Canadian production portfolio. The quick resumption of activities indicates robust operational resilience and effective crisis management protocols, which should reassure investors about the company's ability to navigate environmental challenges in northern mining regions.

TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay� or the “Company�) (TSX, NYSE: HBM) is pleased to announce it has resumed operations in Snow Lake following the decision by the Manitoba Wildfire Service and the Town of Snow Lake to lift the mandatory evacuation order, effective August 22, 2025.

“The emergency preparedness and extensive community response efforts were successful in safeguarding Hudbay’s surface infrastructure and facilities in Manitoba during the wildfires. Thank you to the essential personnel who remained behind, our employees who were part of the volunteer firefighting efforts, and all the first responders who have been working tirelessly these last few months,� said John O'Shaughnessy, Vice President of Hudbay’s Manitoba Business Unit. “We expect a safe return to full operations, and we will continue to work with local and provincial authorities to ensure continued rebuilding of our communities after this difficult wildfire season.�

Hudbay’s comprehensive restart plan has been implemented with a focus on the safety of the Company’s employees and the integrity of Hudbay’s assets. There has been no structural damage to Hudbay’s onsite surface infrastructure and facilities in Snow Lake. Since the evacuation order lifted, the team has completed infrastructure safety review including inspection of the shaft and restart of the underground electrical infrastructure.

Milling activities at the New Britannia mill resumed on August 26 and the full mining workforce at Lalor has returned as of today, August 27. The entire Snow Lake operation is expected to reach full production levels by early September and the Company continues to expect to achieve its 2025 annual guidance metrics in Manitoba despite the wildfire impacts.

Forward-Looking Information

This news release contains “forward-looking statements� and “forward-looking information� (collectively, “forward- looking information�) within the meaning of applicable Canadian and United States securities legislation. Forward- looking information includes information that relates to, among other things, statements with respect to potential impacts from wildfires on the Company’s operations in Manitoba, including expectations for the return to normal operations at the Lalor mine and the New Britannia and Stall mills and the ability to achieve annual guidance expectations. Forward-looking information is not, and cannot be, a guarantee of future results or events.

Forward-looking information is based on, among other things, assumptions related to the return to normal operations, the ramp-up of production and the ability to achieve annual guidance that, while considered reasonable by Hudbay at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Hudbay does not assume any obligation to update or revise any forward-looking information after the date of this news release or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.

About Hudbay

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States.

Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum. Hudbay’s growth pipeline includes the Copper World project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.

The value Hudbay creates and the impact it has is embodied in its purpose statement: “We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities.� Hudbay’s mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations.

For further information, please contact:

Candace Brûlé
Vice President, Investor Relations, Financial Analysis and External Communications
(416) 814-4387
[email protected]


FAQ

When did Hudbay (HBM) resume operations at Snow Lake after the wildfire evacuation?

Hudbay resumed operations following the lifting of the evacuation order on August 22, 2025, with the New Britannia mill restarting on August 26 and full mining workforce returning on August 27.

Was there any damage to Hudbay's Snow Lake facilities from the wildfires?

No, there was no structural damage to Hudbay's onsite surface infrastructure and facilities in Snow Lake.

Will the wildfire evacuation affect Hudbay's 2025 guidance?

No, despite the wildfire impacts, Hudbay continues to expect to achieve its 2025 annual guidance metrics in Manitoba.

When will Hudbay's Snow Lake operations return to full production?

The Snow Lake operation is expected to reach full production levels by early September 2025.

What steps did Hudbay take before resuming operations at Snow Lake?

Hudbay implemented a comprehensive restart plan including infrastructure safety reviews, shaft inspection, and restart of underground electrical infrastructure.
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