HUDBAY MINERALS (HBM US $9.13; Rating Underweight; Price Target RAISED from $3.50/ to $6/share) PRICE ESTIMATES RAISED FOR COPPER AND ZINC RAISING EPS, CASH FLOW, TARGETS; AUGUSTA RESOURCES’ ROSEMONT PROJECT (AZC; $2.80) EXCLUDED FROM MODELS CUTTING FUTURE CAP EX 5/29/2014

HUDBAY MINERALS (HBM US $9.13; Rating Underweight; Price Target RAISED
from $3.50/ to $6/share) PRICE ESTIMATES RAISED FOR COPPER AND ZINC
RAISING EPS, CASH FLOW, TARGETS; AUGUSTA RESOURCES’ ROSEMONT
PROJECT (AZC; $2.80) EXCLUDED FROM MODELS CUTTING FUTURE CAP EX 5/29/2014