Hudbay Announces Appointment of Peter Kukielski as President and Chief Executive Officer
January 22 2020 - 8:00AM
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX,
NYSE:HBM) today announced the appointment of Peter
Kukielski as the company’s President and Chief Executive Officer.
Mr. Kukielski had been serving as Interim President and Chief
Executive Officer since July 2019.
“We are very pleased to appoint Peter as
Hudbay’s President and Chief Executive Officer,” said Stephen A.
Lang, Hudbay’s Board Chair. “The Board completed a thoughtful and
robust process and we believe Peter’s 30-plus years of mining
industry leadership, together with his admirable performance while
serving in the CEO role on an interim basis, make him the right
choice to lead Hudbay.”
“I’m honoured that the Board has given me their
full confidence to serve as Hudbay’s CEO,” said Mr. Kukielski.
“Hudbay has a high quality portfolio of operating assets and growth
opportunities and we are well positioned to continue to unlock
value within our own portfolio. Our management team is second to
none in their ability to explore, develop and operate, as well as
in their strong relationships with the communities in which we
operate. We will continue to focus on being a leading base metals
mining company to the benefit of all of our stakeholders.”
Mr. Kukielski has more than 30 years of
extensive global experience within the base metals, precious metals
and bulk materials sectors. Most recently, he was President and
Chief Executive Officer of Nevsun Resources Ltd. until its
acquisition in December 2018. From 2013 to 2017, Mr. Kukielski was
Chief Executive Officer of Anemka Resources, a private company
formed to invest in global mining assets. From 2008 to 2013, he was
the Chief Executive, Mining for ArcelorMittal, responsible for 27
operating mines and three major development projects. From 2006 to
2008, Mr. Kukielski was the Chief Operating Officer of Teck
Resources and before that he held a number of senior roles at
Falconbridge and other international mining companies.About
Hudbay
Hudbay (TSX, NYSE: HBM) is an integrated mining
company primarily producing copper concentrate (containing copper,
gold and silver), molybdenum concentrate and zinc metal. With
assets in North and South America, the company is focused on the
discovery, production and marketing of base and precious metals.
Directly and through its subsidiaries, Hudbay owns three
polymetallic mines, four ore concentrators and a zinc production
facility in northern Manitoba and Saskatchewan (Canada) and Cusco
(Peru), and copper projects in Arizona and Nevada (United States).
The company’s growth strategy is focused on the exploration and
development of properties it already controls, as well as other
mineral assets it may acquire that fit its strategic criteria.
Hudbay’s vision is to be a responsible, top-tier operator of
long-life, low-cost mines in the Americas. Hudbay’s mission is to
create sustainable value through the acquisition, development and
operation of high-quality, long-life deposits with exploration
potential in jurisdictions that support responsible mining, and to
see the regions and communities in which the company operates
benefit from its presence. The company is governed by the Canada
Business Corporations Act and its shares are listed under the
symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange
and Bolsa de Valores de Lima. Further information about Hudbay can
be found on www.hudbay.com.
For further information, please contact:
Candace BrûléDirector, Investor Relations(416)
814-4387candace.brule@hudbay.com
Hudbay Minerals (TSX:HBM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hudbay Minerals (TSX:HBM)
Historical Stock Chart
From Apr 2023 to Apr 2024