Hudbayвђ™s New Britannia Mill Produces First Gold May 2026

Hudbay Minerals achieved its first gold production at the refurbished in Snow Lake, Manitoba, on August 11, 2021 . This milestone, completed ahead of the original year-end schedule, marked the formal transition of the nearby Lalor mine into a primary gold operation. Strategic Significance and Refurbishment

Installation of new crushers, a screen deck, flotation circuits, and a new flotation building. Hudbay’s New Britannia mill produces first gold

The mill increased gold recoveries to approximately 93% , compared to the 53% previously achieved at the Stall mill. Hudbay Minerals achieved its first gold production at

A new copper flotation facility was also integrated, which ramped up in late 2021. Production Impact and Growth The mill increased gold recoveries to approximately 93%

The New Britannia mill, originally built in the 1949 and placed on care and maintenance in 2005, was acquired by Hudbay in 2015 for approximately . The refurbishment project required a $95 million investment and included significant upgrades:

Bringing the New Britannia mill online allowed Hudbay to significantly boost annual output from its Snow Lake operations. Hudbay achieves first gold production at New Britannia mill

Designed with a processing capacity of 1,500 tonnes per day (tpd) .