03:52 PM EST - Hudbay Minerals Inc. : announced an agreement to acquire Norsemont Mining. Norsemont shareholders will receive 0.2617 HudBay shares and $0.001 in cash, or $4.50 in cash, subject to a maximum aggregate cash consideration of $130 million. Norsemont's Constancia copper project has excellent infrastructure in an established mining district in Peru. Hudbay Minerals Inc.
shares T.HBM are trading down $0.57 at $16.19.