TORONTO Jan 9 HudBay Minerals Inc said
on Wednesday that copper production will be lower in 2013
following the closure of two of its Canadian mines.
The Toronto-based miner produced 39,587 tonnes of copper
concentrate in 2012, near the top end of its forecast of 35,000
to 40,000 tonnes, and expects 2013 copper output of 33,000 to
HudBay also said its $1.5 billion Constancia copper
development in Peru remains on track for first output in late
2014 and commercial production in the second quarter of 2015.
The company will spend some C$901 million ($912.73
million)on construction and development at Constancia in 2013,
with its total capital spending budget for the year set at