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HudBay Minerals Inc. 2010 Annual Report

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operations highlights<br />

For the years ended December 31 <strong>2010</strong> 2009 2008<br />

Production<br />

Copper (000 tonnes) 52.4 48.4 50.1<br />

Zinc (000 tonnes) 77.3 78.7 103.1<br />

Gold (000 troy ounces) 87.2 92.2 102.8<br />

Silver (000 troy ounces) 843.4 1,004.6 1,071.0<br />

financial highlights<br />

($ millions)<br />

For the years ended December 31 <strong>2010</strong> 2009 2008<br />

Revenue<br />

Copper $ 380.8 $ 354.2 $ 553.3<br />

Zinc $ 178.3 $ 172.8 $ 176.8<br />

Gold $ 103.6 $ 103.0 $ 93.9<br />

Silver $ 20.8 $ 35.5 $ 27.6<br />

Other $ 108.2 $ 60.8 $ 149.7<br />

Less: Treatment and refining charges (TC/RC) $ (12.9) $ (5.6) $ (19.4)<br />

Total revenue $ 778.8 $ 720.7 $ 981.9<br />

Earnings before tax $ 158.1 $ 141.5 $ 168.6<br />

Net earnings $ 70.0 $ 112.5 $ 72.5<br />

Total assets $ 2,173.1 $ 2,032.7 $ 1,918.4<br />

Shareholders’ equity $ 1,739.3 $ 1,698.5 $ 1,555.2<br />

Cash and cash equivalents $ 901.7 $ 886.8 $ 704.7<br />

Dividend per share $ 0.10

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