ITA Launches New Professional Development Workshops

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/ — CHICAGO, IL–(Marketwired – January 17, 2017) – The Illinois Technology Association (ITA) announced today that it is providing a series of professional development workshops in 2017. For a fraction of the cost of what employers would pay on the open market, ITA is offering full and half day workshops on topics critical to business and professional success.

Upcoming topics include new manager training, an HR Bootcamp and digital marketing. The workshops offer an immersive experience and allow participants to walk away with practical knowledge they can apply on the job.

“ITA has a long history of providing our members with talent acquisition programs,” said Trisha Degg, director talent programs at ITA. “But that’s only half the battle. The Center for American Progress estimates that it can cost north of 200% of annual salary to replace a highly educated, highly compensated position. We want to help our members improve their turnover rates — education and training is one of the key ways to do so.”

“Many of our members aren’t in the position to bring this kind of training in-house,” said Julia Kanouse, senior vice president, membership and marketing at ITA. “Through our workshops, they’ll be able to offer their employees high quality professional development opportunities at little to no cost.”

The first workshop will take place in February. Keep up to date on all events and register for upcoming workshops at

About the Illinois Technology Association
The Illinois Technology Association (ITA) scales Illinois tech companies. With innovative resources that connect members to the local tech ecosystem, build their talent networks and create visibility for their brands, ITA is growing the local tech community. Founded in 2005 and supporting 500+ growth and late stage tech companies, ITA has a rich history of driving business forward. For more information, visit, follow @ITAbuzz on Twitter or find us on LinkedIn.

Global Construction Sealants Industry Analysis and Forecast 2024

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Sealants are largely used in the construction industry to provide water proofing solutions to the built structure. Sealants are often substituted with the term ‘caulking’ in the construction industry. In the construction industry, sealants primarily block dust, sound, heat, and fluid through the openings at the joints. These are used ubiquitously along with adhesives. However, adhesives and sealants are two different compounds used to provide shear and tensile strength and a leak proof barrier, respectively, between parts/structures. Sealants offer lower strength and higher elongation property as compared to adhesives. Sealants contain inert filler material and are usually formulated with an elastomer to give required flexibility and elongation. These are usually present in viscous liquid and semi-liquid state that has little or no-flow characteristics. Insolubility, adhesion, and corrosion resistance are some of the desirable properties of sealants. These properties make it an ideal water proofing solution in the construction industry.
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The construction sealants market can be categorized based on resin type into silicone, polyurethane, acrylic, latex, polysulfide, and others. Utility of different types of sealants varies as per application in the construction industry. For instance, silicone sealants are largely used for weather and water resistance due to their high UV stability and resistance to hydraulic oils, fuels, salt, and cleaning solvents. Similarly, urethane sealants are used in joints that typically require abrasion and UV resistance. Several internal and external factors determine the success of the sealing operation. Factors such as chemical exposure, weathering, light, oxidation, moisture, and temperature have an impact on functionalities of construction sealants.

The construction sealants market is significantly expanding in the fields of flooring and expansion jointing for commercial and housing applications. High growth rate of construction of residential buildings, especially in emerging economies such as China, India, Brazil, South Africa, and Russia (BRICS), is driving the construction sealants market. However, enactment of several environmental regulations regarding VOC emission is the prime restraining factor for the construction sealants market. Development of biobased and anaerobic sealants is expected to provide a significant opportunity in the construction sealants market.

Asia Pacific is anticipated to be the fastest growing region in the construction sealants market in the near future. Increasing urbanization and formation of smart cities is boosting the demand for construction sealants in the region. The Middle East and Africa (MEA) is estimated to exhibit significant growth rate during the forecast period due to easing government processes for residential mortgaging, especially in Saudi Arabia and the UAE. Latin America is projected to witness moderate growth rate during the forecast period. Brazil and Argentina are likely to drive the construction sealants market in Latin America due to significant public investments in commercial, infrastructural, and industrial construction. Europe held a significant share of the global construction sealants market in 2014. Austria, Germany, the Netherlands, Russia, and Turkey have been identified as high growth markets for construction sealants. The construction sealants market in North America is likely to expand at a below average growth rate due to maturity of the construction industry.

Research and development is an important part of the construction sealants market. Suppliers, manufacturers, and construction association invest significantly in product development, support, and technology to meet the needs of the construction industry. Ongoing trend for light and green buildings is anticipated to provide growth opportunities to the construction sealants market. Market leaders are investing continuously to develop innovative materials to provide practical, economical, and performance benefits to customers. For instance, on November 13, 2014, The Dow Chemical Company introduced LIQUIDARMOR – CM Flashing and Sealant, a liquid flashing solution that provides advanced moisture and air sealing protection to commercial buildings. This is an innovative product that can easily substitute flashing tape in the construction industry.

Several players operate in the construction sealants market. These include BASF SE, Henkel AG & Co. KGaA, 3M, H.B. Fuller, The Dow Chemical Company, Cytec Industries Inc., Master Bond, General Electric, Sika AG, and PPG Industries, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Mary’s Center’s Appoints Two New Board Members

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Each brings a diverse set of skills to guide and support the Center’s work.


Mary’s Center is proud to announce the appointment of two new board members whose expertise in healthcare management, health policy and economics will enable the Center to advance its mission of building better futures through the delivery of health care, education, and social services.

Jonathan Blum brings management and policy experience to the board. He is currently the Executive Vice President, Medical Affairs at CareFirst BlueCross BlueShield, where he leads a division of 550 clinical and analytic staff who coordinate medical benefits for all of CareFirst’s business lines that serve more than 3.1 million members. In addition, he manages CareFirst’s care coordination programs and the nationally-recognized Patient-Centered Medical Home program. Prior to that, he served as the Principal Deputy Administrator of the Centers For Medicare And Medicaid Services (CMS), directing CMS policy centers and offices to develop and implement strategies to improve payment and the delivery of care throughout the US. Mr. Blum has also worked for Avalere Health, the United States Senate (Committee On Finance) and the Executive Office Of The President (Office Of Management And Budget). He holds a Bachelor of Arts degree from the University of Pennsylvania and a Master in Public Policy degree from the John F. Kennedy School of Government at Harvard University.

Dr. Stuart Butler, currently a Senior Fellow in Economic Studies at the Brookings Institution, has over 35 years of policy experience. Before joining Brookings, he spent 35 years at The Heritage Foundation, as Director of the Center for Policy Innovation and earlier as Vice-President for Domestic and Economic Policy Studies. He is an Adjunct Professor at Georgetown’s School of Public Policy and a member of the Editorial Board of the journal Health Affairs. Dr. Butler also serves on the Congressional Budget Office’s Panel of Health Advisors and is a member of the Board on Health Care Services at the National Academy of Medicine. Most recently, he has been focusing on the intersection between health, education, housing, and other services. Dr. Butler earned an MA in Economics and History and a Ph.D. in American Economic History from St. Andrews University.

“Jonathan and Stuart have the experience, energy and commitment that Mary’s Center needs to build on our accomplishments over the last 28 years,” says Maria Gomez, President and CEO of the Center. “Along with the rest of our board, their guidance will help us to have an even greater impact on the lives of families in the DC metropolitan region.”

The Mary’s Center Board is composed of 11 members, 51% of whom are patients of the Center.

About Mary’s Center

Founded in 1988, Mary’s Center is a Community Health Center that provides a model of care including healthcare, educational and social services to more than 36,000 individuals from over 100 countries. Using a holistic, multipronged approach, Mary’s Center helps each participant access individualized services and find the path towards wellness, stable families, educational success and economic opportunities. For more information please visit us at or follow us on Facebook, Twitter, YouTube and Instagram.

Nigeria: MSF Strongly Condemns Aerial Bombing of Displaced Camp in Rann

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JANUARY 17, 2017— At least 52 people were killed and 120 wounded today when the Nigerian Army bombed an internally displaced camp in Rann, Nigeria, according to the international medical humanitarian organization Doctors Without Borders/Médecins Sans Frontières (MSF), which has teams in the area.

“This large-scale attack on vulnerable people who have already fled from extreme violence is shocking and unacceptable,” said Dr. Jean-Clément Cabrol, MSF director of operations. “The safety of civilians must be respected. We are urgently calling on all parties to ensure the facilitation of medical evacuations by air or road for survivors who are in need of emergency care.”

MSF medical teams are currently providing first aid to 120 wounded patients in its facility in Rann. The organization’s medical and surgical teams in the region are preparing to treat evacuated patients.

MSF first started working in Nigeria in 1971 and is one of the few organizations still able to operate in hard-to-reach areas of the country.

DRC: The Alarming Consequences of Falsified Medicines

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More than 1,000 people were admitted to hospital in a remote area of Democratic Republic of Congo (DRC) in 2015 after suffering toxic effects from „falsified” or wrongly labeled drugs, says Doctors Without Borders/Médecins Sans Frontières (MSF) in an article published in The Lancet Global Health on January 17, 2017.

In late 2014, people began to arrive at health centers in Ituri District, near DRC’s border with Uganda, with symptoms including neck stiffness and involuntary muscle contractions. By August 2015, more than 1,000 patients had been admitted to health facilities run by MSF and the Congolese Ministry of Health.

Health staff initially suspected an outbreak of meningitis. However, further investigation suggested that symptoms were caused by patients ingesting a toxic substance. After analyzing samples of medications commonly prescribed in the area, the toxin was traced to tablets sold locally as the drug diazepam, but which actually contained haloperidol, an antipsychotic drug used in the treatment of schizophrenia.

„Diazepam is generally used to treat a range of conditions, including anxiety and seizures, but in the Ituri region its use is even more widespread,” explains MSF doctor Nicolas Peyraud. „Patients frequently receive diazepam to treat a wide range of illnesses, from sleeping disorders to headaches and even malaria.” Haloperidol is known to cause acute dystonic reactions—involuntary muscle contractions. „While these muscle contractions of the face, eyes, tongue, neck, or arms are rarely life-threatening, they often cause distress, panic, and shame for patients,” says Dr. Peyraud.

MSF immediately alerted the Congolese Ministry of Health and the World Health Organization (WHO), which issued an alert identifying the suspect products.

An investigation is underway into how the incorrectly labeled medicines came to be available on the market. The investigation is complex and is likely to involve drugs that have been intentionally falsified, and substandard medicines in general.

The existence of substandard medicines harms both individual patients and whole health systems. Weak regulatory systems for medicines, combined with inadequate penalties, corruption, and porous borders, leave poor communities in particular extremely vulnerable to toxic or poor-quality medicines.

„Poor-quality medicines negate all the modern advances made in pharmacy and public health,” says Dr. Peyraud. „This outbreak of severe toxicity through falsified medicines should be a wake-up call for the global public health community to ensure that all patients, especially those in vulnerable communities, benefit from well-advised prescribing and access to good quality medicines.”

Read the Article on The Lancet Global Health

Slyce Announces Acquisition and Growth Capital Investment by Anzu Partners

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Financial backing to fuel Slyce growth and product development

Online PR News – 13-January-2017 – Philadelphia, PA – Slyce Inc. announced it had been acquired by Anzu Partners, an investment firm based in Washington DC. As part of the transaction, Slyce received a significant infusion of growth capital, which it will use to enhance its industry-leading visual search capabilities. Slyce will also become a private company, having previously been listed on the Toronto Venture Exchange (TSX-V).

Slyce’s experienced management team will remain in place. Current CEO Ted Mann will lead the newly private Slyce, and Adam Turkelson will continue as Chief Technology Officer. Steve Lovell will continue as Chief Revenue Officer, leading Slyce’s visual search services and enterprise relationships. Nicole Harris will become Chief Operating Officer as well as leading Slyce’s consumer applications, including SnipSnap and Craves, and Kyle Martin will be Chief Product Officer.

“Slyce is committed to delivering the best visual search solution for retailers and industrial customers, and we are excited about the prospects for growth in 2017,” commented Mann. “The new investment will enable major product improvements to deliver high quality results much faster to users by integrating more machine learning and artificial intelligence into the technology solution.”

“Slyce has developed an industry-leading platform for visual search,” added Whitney Haring-Smith, Managing Partner at Anzu Partners. “Slyce has driven great results for its current customers – deepening relationships with consumers – and we are excited to partner with the Slyce management team on the path ahead.”

The senior management team is available to answer any questions that current customers or partners may have about the transaction. Email addresses will remain the same after the transaction.

About Slyce
Slyce, based in Philadelphia, PA, delivers sophisticated visual search technologies and is currently focused on enabling a powerful sales channel for major retailers and their customers. Consumers, wherever they are, can conveniently engage with retailers by taking pictures of desired products using their mobile devices, thereby initiating the visual search service with near-instant product recognition capability. Slyce delivers its technology both as a white-label visual search platform and as a suite of consumer mobile apps. Slyce’s technology is used by large retail brands such as Best Buy, Neiman Marcus, Urban Outfitters, JCPenney and Home Depot.

About Anzu Partners
Anzu Partners is an investment firm in Washington, D.C. The firm invests broadly across industrial, technology and consumer segments with a focus on innovative companies making key strategic transitions, including mergers, acquisitions, new market entries, and divestitures. Anzu has a strong focus on active support for portfolio companies after the initial investment. For further information, please contact: Whitney Haring-Smith, Managing Partner, at

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Hudbay Announces 2017 Production and Cost Guidance and Management Appointment

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/ — TORONTO, ON–(Marketwired – January 17, 2017) – Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX: HBM) (NYSE: HBM) today released its production and operating cost guidance along with its capital and exploration expenditure forecasts for 2017. All amounts are in US dollars, unless otherwise noted.


  • Copper and precious metals production from the Constancia mine in Peru exceeded 2016 guidance and production of all key metals at the Manitoba Business Unit was within 2016 guidance ranges.
  • Production of zinc in concentrate in 2017 is forecast to increase by approximately 25% compared to 2016 production, primarily due to the ongoing ramp-up of the Lalor mine and the re-sequencing of the mine plan at 777 to mine stopes containing higher zinc grades and take advantage of favourable expected zinc prices1.
  • Production of copper and precious metals contained in concentrate in 2017 is forecast to decrease by 17% and 5%, respectively, compared to 2016 production, primarily due to lower copper grades at Constancia, as per the recently released technical report, as well as lower ore production and copper grades at the 777 mine due to the age of the mine and the emphasis on higher value zinc ore production in the new mine plan.
  • Sustaining capital expenditures are expected to be $185 million in 2017. In addition, growth capital expenditures of $40 million on the Lalor paste backfill plant, $25 million on the development of the high-grade Pampacancha deposit near Constancia and $20 million on the advancement of the Rosemont project are expected in 2017.
Contained Metal in Concentrate1   2017 Guidance   2016 Production   2016 Guidance
Copper   (tonnes)   32,500 – 42,500   41,059   40,000 – 50,000
Zinc   (tonnes)   125,000 – 150,000   110,582   100,000 – 125,000
Precious Metals3   (oz)   90,000 – 110,000   102,242   95,000 – 115,000
Copper   (tonnes)   100,000 – 115,000   133,432   110,000 – 130,000
Precious Metals3   (oz)   55,000 – 65,000   65,709   50,000 – 65,000
Copper   (tonnes)   132,500 – 157,500   174,491   150,000 – 180,000
Zinc   (tonnes)   125,000 – 150,000   110,582   100,000 – 125,000
Precious Metals3   (oz)   145,000 – 175,000   167,951   145,000 – 180,000
1 Metal reported in concentrate is prior to refining losses or deductions associated with smelter terms.
2 Includes 100% of Reed mine production; Hudbay owns a 70% interest in the Reed mine.
3 Precious metals production includes gold and silver production on a gold-equivalent basis. Silver converted to gold at a ratio of 70:1.

Copper, zinc and precious metals production in 2016 met or exceeded guidance ranges in both Manitoba and Peru and increased over 2015 levels by 18%, 7% and 20%, respectively, due mainly to a full year of commercial production at the Constancia mine and the ongoing ramp up of Lalor production.

In 2017, production of zinc contained in concentrate is forecast to increase by approximately 25% compared to 2016 production, reflecting the continued ramp up of Lalor ore production and the re-sequencing of the mine plan at 777 to prioritize stopes containing higher zinc grades in order to take advantage of favourable expected zinc prices. Copper and precious metal production in 2017 is expected to decline by 17% and 5%, respectively, from 2016 levels due to lower copper grades at Constancia, as per the recently released 43-101 technical report, as well as reduced mining rates and lower copper grades at the 777 mine2. Declining production at the 777 mine reflects more challenging operating conditions as the mine ages. Lower expected copper grades at the 777 mine are due to the re-sequencing of the mine plan to prioritize stopes containing higher zinc grades and is expected to result in improved overall economics per tonne at 777.

Capital Expenditure Guidance

2017 Capital Expenditure Guidance1   Millions
Sustaining Capital    
Manitoba   65
Peru   120
Total Sustaining Capital   185
Growth Capital    
Manitoba   40
Peru   25
Arizona2   20
Total Growth Capital   85
Capitalized Exploration   2
Total Capital Expenditure   272
1 Excludes capitalized interest.
2 Capitalized spending.  

Peru’s planned sustaining capital expenditures in 2017 include approximately $52 million of expenditures related to the tailings management facility and approximately $15 million of capitalized stripping costs. Expenditures on the tailings management facility are expected to decline substantially after 2017.

Manitoba growth capital of $40 million is allocated to the construction of a new paste backfill plant for the Lalor mine. The paste backfill plant is intended to reduce operating costs, increase mining rates and maximize ore recovery. Peru growth capital of $25 million is allocated to initial expenditures for developing the Pampacancha deposit, which is expected to begin ore production in late 2018. Arizona spending of $20 million on the Rosemont project is intended to support ongoing permitting efforts.

Exploration Guidance

During the recent downturn in metals prices, Hudbay’s exploration activities have focused on drilling at the Lalor mine and acquiring grassroots exploration properties in Canada, Peru and Chile. Exploration spending of $10 million is conservatively budgeted for 2017, but additional funds may be committed to high-priority drilling targets depending on Hudbay’s free cash flow generation during the year.

2017 Exploration Guidance   Millions
Manitoba   4
Peru   2
Generative and Other   4
Total Exploration Expenditures   10
Capitalized Spending1   (2)
Total Exploration Expense   8
1 Assumes $2 million of Manitoba expenditures will be capitalized.

Senior Management Appointment

Hudbay has appointed Eugene Lei as Senior Vice President, Corporate Development and Strategy. In this role, Mr. Lei will be responsible for corporate strategy and optimizing Hudbay’s portfolio of long life, low cost assets through acquisitions, divestitures, joint ventures and strategic partnerships. Mr. Lei has over 15 years of global mining investment banking and corporate development experience. Joining Hudbay in 2012 and leading the company’s corporate development activities since 2014, Mr. Lei has progressed through several senior management roles and executive responsibilities.

Production and Unit Cost Guidance by Business Unit

2017 Production and Unit Cost Guidance By Business Unit   Manitoba Operations 777, Lalor and Reed2   Peru Operations Constancia   Total
Contained Metal in Concentrate Produced1            
Copper   (tonnes)   32,500 – 42,500   100,000 – 115,000   132,500 – 157,500
Zinc   (tonnes)   125,000 – 150,000     125,000 – 150,000
Precious Metals   (oz)3   90,000 – 110,000   55,000 – 65,000   145,000 – 175,000
Combined Unit Operating Costs ($/tonne ore processed)4   C$88 – 108   US$7.2 – 8.8    
1 Metal reported in concentrate is prior to refining losses or deductions associated with smelter terms.
2 Includes 100% of Reed mine production; Hudbay owns a 70% interest in the Reed mine.
3 Precious metals production includes gold and silver production on a gold-equivalent basis. Silver converted to gold at a ratio of 70:1.
4 Reflects combined mine, mill and G&A costs per tonne of milled ore. Peru costs are presented in USD and reflect the deduction of expected capitalized stripping costs. Manitoba costs are presented in CAD and include the cost of ore purchased from the joint venture partner at the Reed mine.

Combined unit costs for Manitoba are forecast to be higher than 2016 revised guidance of C$80-100/tonne, due mainly to reduced 777 ore production and the expected cessation of capitalized development in the second half of 2017 when the Reed mine will have less than one year of expected mine life remaining. Combined unit cost guidance for Peru in 2017 is in line with actual costs during the first nine months of 2016.

Metal production in any particular quarter may vary from the implied annual guidance rate based on variations in grades and recoveries due to the areas mined in that quarter, the timing of planned maintenance, and other factors. Mining and processing costs in any particular quarter can also vary from the annual guidance rate above based on a variety of factors including the scheduling of maintenance events and seasonal heating requirements, particularly in Manitoba.

2017 Production and Unit Cost Guidance
Flin Flon Zinc Plant
Zinc Metal Produced   (tonnes)   95,000 – 115,000
Unit Operating Costs1   C$0.40 – $0.50/lb
1 Forecast unit operating costs are calculated on the same basis as reported unit operating costs in Hudbay’s quarterly and annual management’s discussion and analysis.

Hudbay’s anticipated zinc concentrate production from the Manitoba Business Unit in 2017 is expected to result in full utilization of the Flin Flon zinc plant’s processing capacity, with some zinc concentrate planned for sale to third parties.

Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable Canadian and United States securities legislation. All information contained in this news release, other than statements of current and historical fact, is forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “budget”, “guidance”, “scheduled”, “estimates”, “forecasts”, “strategy”, “target”, “intends”, “objective”, “goal”, “understands”, “anticipates” and “believes” (and variations of these or similar words) and statements that certain actions, events or results “may”, “could”, “would”, “should”, “might” “occur” or “be achieved” or “will be taken” (and variations of these or similar expressions). All of the forward-looking information in this news release is qualified by this cautionary note.

Forward-looking information includes, but is not limited to, production, cost and capital and exploration expenditure forecasts, the anticipated timing, cost and benefits of developing the Pampacancha deposit and Lalor paste backfill plant, anticipated mine plans and anticipated metals prices. Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by us at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information.

The material factors or assumptions that Hudbay identified and were applied by the company in drawing conclusions or making forecasts or projections set out in the forward-looking information include, but are not limited to:

  • the success of mining, processing, exploration and development activities;
  • the scheduled maintenance and availability of Hudbay’s processing facilities;
  • the success of Hudbay’s cost reduction initiatives;
  • the accuracy of geological, mining and metallurgical estimates;
  • anticipated metals prices and the costs of production;
  • the supply and demand for metals that Hudbay produces;
  • the supply and availability of all forms of energy and fuels at reasonable prices;
  • no significant unanticipated operational or technical difficulties;
  • the execution of Hudbay’s business and growth strategies, including the success of its strategic investments and initiatives;
  • the availability of additional financing, if needed;
  • the ability to complete project targets on time and on budget and other events that may affect Hudbay’s ability to develop its projects;
  • the timing and receipt of various regulatory and governmental approvals;
  • the availability of personnel for Hudbay’s exploration, development and operational projects and ongoing employee relations;
  • the ability to secure required land rights to develop the Pampacancha deposit;
  • maintaining good relations with the communities in which Hudbay operates, including the communities surrounding its Constancia mine
  • no significant unanticipated challenges with stakeholders at Hudbay’s various projects;
  • no significant unanticipated events or changes relating to regulatory, environmental, health and safety matters;
  • no contests over title to Hudbay’s properties, including as a result of rights or claimed rights of aboriginal peoples;
  • the timing and possible outcome of pending litigation and no significant unanticipated litigation;
  • certain tax matters, including, but not limited to current tax laws and regulations and the refund of certain value added taxes from the Canadian and Peruvian governments; and
  • no significant and continuing adverse changes in general economic conditions or conditions in the financial markets (including commodity prices and foreign exchange rates).

The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the mining industry, such as economic factors (including future commodity prices, currency fluctuations, energy prices and general cost escalation), dependence on key personnel and employee and union relations, risks related to political or social unrest or change, risks in respect of aboriginal and community relations, rights and title claims, operational risks and hazards, including unanticipated environmental, industrial and geological events and developments and the inability to insure against all risks, failure of plant, equipment, processes, transportation and other infrastructure to operate as anticipated, compliance with government and environmental regulations, including permitting requirements and anti-bribery legislation, depletion of Hudbay’s reserves, volatile financial markets that may affect Hudbay’s ability to obtain additional financing if needed, the failure to obtain required approvals or clearances from government authorities on a timely basis, uncertainties related to the geology, continuity, grade and estimates of mineral reserves and resources, and the potential for variations in grade and recovery rates, uncertain costs of reclamation activities, the company’s ability to comply with its pension and other post-retirement obligations, Hudbay’s ability to abide by the covenants in its debt instruments and other material contracts, tax refunds, hedging transactions, as well as the risks discussed under the heading “Risk Factors” in the company’s most recent Annual Information Form.

Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, you should not place undue reliance on forward-looking information. Hudbay does not assume any obligation to update or revise any forward-looking information after the date of this news release or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.

Note to United States Investors

This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which may differ materially from the requirements of United States securities laws applicable to U.S. issuers.

In accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) of the Canadian Securities Administrators, the terms “mineral reserve”, “proven mineral reserve”, “probable mineral reserve”, “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are defined in the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) Definition Standards for Mineral Resources and Mineral Reserves adopted by the CIM Council on May 10, 2014. While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are recognized and required by NI 43-101, the SEC does not recognize them. You are cautioned that, except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic value. Inferred mineral resources have a high degree of uncertainty as to their existence and as to whether they can be economically or legally mined. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Therefore, you are cautioned not to assume that all or any part of an inferred mineral resource exists, that it can be economically or legally mined, or that it will ever be upgraded to a higher category. Likewise, you are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be upgraded into mineral reserves.

About Hudbay

Hudbay (TSX: HBM) (NYSE: HBM) is an integrated mining company producing copper concentrate (containing copper, gold and silver) and zinc metal. With assets in North and South America, the company is focused on the discovery, production and marketing of base and precious metals. Directly and through its subsidiaries, Hudbay owns four polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and a copper project in Arizona (United States). The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol “HBM” on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Hudbay also has warrants listed under the symbol “HBM.WT” on the Toronto Stock Exchange and “HBM/WS” on the New York Stock Exchange. Further information about Hudbay can be found on

The increase in zinc production assumes the mid-point of the 2017 guidance range is achieved.

2 Year-over-year forecasted changes to zinc, copper and precious metals production assumes the mid-point of the 2017 guidance ranges is achieved.

Latin America Defoamers Market to Reach US$273.1 mn , Stimulated by Demand from Paper and Pulp Industry : 2023

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Defoamers Market
Defoamers Market

Transparency Market Research has published a new report titled “Defoamers Market – Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” According to the report, the Latin America defoamers market was valued at US$196.2 mn in 2014 and is anticipated to reach US$273.1 mn by 2023, expanding at a CAGR of 3.8% between 2015 and 2023.

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Rise in demand for defoamers in paper and pulp, food and beverages, and water treatment applications in Latin America has been driving the defoamers market. Defoamers are used to reduce and prevent formation of foam. Foam poses difficulties to various industries such as chemicals, especially during the biochemical process. It hampers flow of liquid and blocks transfer of oxygen from air. Therefore, defoamers such as silicone oils are added to prevent the problem of foaming. Silicone-based defoamers are the most widely used defoamers across the globe in various applications including paper and pulp, water treatment, paints and coatings, food and beverages, and others. Growth in various application industries especially in Brazil and Argentina is driving the Latin America defoamers market. However, stringent regulatory policies are estimated to hamper the market growth in the near future.

Silicone-based defoamers was the largest product segment, accounting for more than 40% share of the Latin America defoamers market in 2014. Silicone-based defoamers are considered heavy-duty defoamers and are good at both cracking down surface foam and releasing entrapped air. Oil-based defoamers constituted the second-largest share of the Latin America defoamers market in 2014. Oil-based defoamers have an oil carrier; oil may be mineral oil, vegetable oil, white oil, or any other oil that is insoluble in the foaming medium, except silicone oil. Water-based defoamers are also among the major product segments of the Latin America defoamers market.

Browse the full Defoamers (Oil-based, Water-based, Silicone-based, and Others) Market for Paper and Pulp, Water Treatment, Paints and Coatings, Food and Beverages, and Other Applications – Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 report at…

In terms of demand, paper and pulp has been dominating the defoamers market since the past few years. Defoamers used in the paper and pulp industry include water-based defoamers, oil-based defoamers, powder defoamers, silicone-based defoamers, and alkyl polyacrylates defoamers. Defoamers used in the paper and pulp industry tackle problems of surface foam and entrapped air. In terms of demand, paints and coatings accounted for the second-largest share of the defoamers market in 2014. Other major applications of defoamers include food & beverages and water treatment.

In terms of demand, Brazil has been dominating the defoamers market during the past few years. The region held over 60% share of the Latin America demand for defoamers in 2014. This trend is estimated to continue during the forecast period. Rise in demand for defoamers in paper and pulp, water treatment, and food and beverages are key factors driving the defoamers market in Latin America.

The report provides a comprehensive view of the defoamers market in terms of volume and revenue. It includes current demand analysis and forecast for product segments and application segments in Latin America. Furthermore, the report provides detailed country-wise analysis of the defoamers market in Latin America. The defoamers market has been divided into the following segments:

Defoamers Market – Latin America Product Segment Analysis

Water-based Defoamers
Oil-based Defoamers
Silicone-based Defoamers
Others (EO/PO-based Defoamers, etc.)
Defoamers Market – Latin America Application Analysis

Paper and pulp
Water Treatment
Paints & Coatings
Food & Beverages
Others (Pharmaceuticals, Mining, Printing, Agricultural Chemicals, etc.)
Defoamers Market – Latin America Country Analysis

Latin America
Rest of Latin America

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TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


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This release was published on openPR.

Bat Logistics Finds Success with BTU Software Company

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Bat Logistics Continues to Find New Ways to Grow

Online PR News – 13-January-2017 – Council Bluffs – BAT Logistics, provider of 3rd Party Logistics and Transportation solutions, wrapped its ninth year of business with another year of growth. Over the past year, BAT has found innovative ways to adapt to change, and execution has led to an increase in the amount of dedicated freight that the company has been awarded.

One way BAT accomplished this was by working with BTU SOFTWARE COMPANY, a supply chain software development company. For the past nine months, BAT utilized BTU’s Three-In-One web-based application to improve performance in several aspects of the logistics business.

“It’s worked out to be the best move BAT has ever made, and has already increased our load count and margins within the same pool of customers year over year,” said Jarrod Marinello, executive vice president. “Not only has BTU increased BAT’s bottom line but it has also increased employee performance and reduced stress. Our employees are the most important aspect of our business, so its imperative that we not only give them tools but also reduce their stress.”

To learn more about BTU Software Company’s Three-In-One, visit the website.