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September 03, 2015 8:52 PM ET

Metals and Mining

Company Overview of Hudson Bay Mining and Smelting Co., Limited

Company Overview

Hudson Bay Mining and Smelting Co. Limited engages in mining and producing copper, zinc, and precious metals. The company operates three mines, two concentrators, a copper smelter, and a zinc pressure leach plant. The company was founded in 1927 and is based in Winnipeg, Canada. Hudson Bay Mining and Smelting Co. Limited operates as a subsidiary of HudBay Minerals, Inc.

201 Portage Avenue

Suite 1906

Winnipeg, MB R3B 3K6

Canada

Founded in 1927

Phone:

204-949-4268

Fax:

204-942-8177

Key Executives for Hudson Bay Mining and Smelting Co., Limited

Hudson Bay Mining and Smelting Co., Limited does not have any Key Executives recorded.

Hudson Bay Mining and Smelting Co., Limited Key Developments

Callinan Royalties Corporation Announces Litigation Settlement Pact with Hudson Bay Mining and Smelting Co. Limited

Callinan Royalties Corporation has entered into a definitive agreement with Hudson Bay Mining and Smelting Co. Limited, a wholly owned subsidiary of HudBay Minerals Inc. This Settlement Agreement marks an end to protracted litigation which Callinan initiated in early 2007, and commencement of a new consensual relationship with Hudbay. The value of the settlement, in cash payable to Callinan for general corporate purposes, includes Hudbay committed exploration expenditures to earn into War Baby and the additional advance royalty payment if the War Baby option is exercised, and ranges from a minimum of $6.5 million to a maximum of $19 million. The minimum is received regardless of whether or not Hudbay elects to terminate its work after certain specific milestones and return the War Baby property to Callinan; whereas the maximum assumes Hudbay elects to earn a 100% interest in War Baby.

Callinan Royalties to Recommence Litigation and File Amended Claim Against Hudson Bay Mining & Smelting Co. Ltd

Callinan Royalties Corporation will recommence litigation and file an amended statement of claim in the Manitoba court of Queen's Bench in its lawsuit against Hudson Bay Mining & Smelting Co. Ltd. The amended statement of claim will seek additional damages arising from the improper destruction of documents and financial records by Hudbay which effectively prohibited Callinan from conducting an independent audit of Hudbay's records as was agreed with Hudbay.

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