Aerial view of Hudbay’s Lalor mine in Manitoba. Credit: Hudbay Minerals
Hudbay Minerals (TSX, NYSE: HBM) said on Wednesday it has temporarily suspended operations in Manitoba due to surging wildfires throughout parts of the province.
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.
According to Hudbay, the early evacuation positions the company well for a safe return to full operations once conditions permit. Only essential personnel, authorized by emergency services, will remain in Snow Lake to assist with emergency activities, it added.
In addition to assisting the firefighting efforts, the company has also committed C$1 million in financial relief for its employees and set up a donation fund in support of the affected communities.
“We will continue to…
