| Hudson Bay Mining And Smelting Co. |
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| companies based in manitoba | |
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Manitoba for over 70 years. Much of their history has centered around Flin Flon, Manitoba . The Flin Flon Orebody was discovered by David Collins, a local trapper, and shown to Tom Creighton , a Prospector , in 1914. The first claim was registered in 1915. It took more than a dozen years to bring the mine into production because the ore body was huge, of low grade, required lots of hydro energy, was isolated and needed a Smelter . In 1927, the Whitney family of New York created HBM&S, which took over controlling interest in the Flin Flon property. By 1930, the mine, smelter, hydroelectric dam and railroad were in full operation. On December 21, 2004, HudBay Minerals Inc . (HudBay) acquired Hudson Bay Mining and Smelting Co., Limited (HBMS) for C$316 million from Anglo American Plc . The purchase was financed by a public offering of C$143.8 million of equity and the issue of US$175 million of debt. The corporate head office is in Winnipeg, Manitoba , Canada |
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