Hudbay Minerals Inc.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2024 · Filed Mar 27, 2025
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EX-99.2 · (g) Mining tax effect of temporary differences:
(g) Mining tax effect of temporary differences:
The tax effects of temporary differences that give rise to significant portions of the deferred mining tax assets and liabilities at December 31, 2024 and 2023 are as follows:
| Canada | Dec. 31, 2024 | Dec. 31, 2023 |
|---|---|---|
| Property, plant and equipment | $(40.2) | $(52.6) |
| Other | 12.8 | 17.6 |
| $(27.4) | $(35.0) | |
| Peru | Dec. 31, 2024 | Dec. 31, 2023 |
| Property, plant and equipment | $(7.5) | $(9.4) |
For the year ended December 31, 2024, Hudbay had unrecognized deferred mining tax assets of approximately $9.1 million (December 31, 2023 - $9.7 million).
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