Waterton proposes new strategy, leadership for Hudbay
Waterton Global Resource Management has published a presentation detailing a new path for Hudbay Minerals Inc (TSX, NYSE: HBM) to help it realize its potential. Waterton, which holds a 12 percent stake in the Toronto-based mining company, also renewed its call to fellow shareholders to elect an independent board and support a change in top management. The Canadian mining private equity firm nominated Peter Kukielski as CEO and Richard Nesbitt as chairman. Waterton said the proposed changes in Hudbay's strategy and leadership could result in an 140 percent increase in share price.
20 February 2019•4 mins read
