TORONTO - Hudbay Minerals Inc. is once again suspending its Snow Lake mining operations due to wildfires in northwestern ...

The suspension follows a precautionary early evacuation notice issued for the town of Snow Lake, where the Canadian miner operates an underground polymetallic mine with over 1,100 employees.

TORONTO - Hudbay Minerals says it has restarted its Snow Lake operations in northwestern Manitoba after authorities lifted wildfire evacuation orders for the area.

The Chinese owner of the Tanco mine in eastern Manitoba has revived talk of partly draining a lake in order to extract more cesium from one of the world's few deposits of the critical mineral.

Its Manitoba operations had produced 60,354 ounces of gold in the first quarter. Separately, BofA raised the price target for the stock to $11.50 from $9.50, following a rally in gold prices.

Hudbay Minerals (NYSE:HBM) +2.9% in Monday's trading after saying it resumed its Snow Lake operations in Manitoba after authorities lifted wildfire evacuation orders for the area. The company said ...

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Hudbay is the owner of the Lalor underground mine located in the Flin Flon and Snow Lake greenstone belt of Manitoba. The mine produces gold, zinc, and copper. The Lalor mine is expected to have a ...