TORONTO, ONTARIO--(Marketwire - Aug. 28, 2012) - HudBay Minerals Inc. ("Hudbay") (TSX:HBM)(NYSE:HBM) announced that its board of directors has declared a semi-annual dividend in the amount of $0.10 per common share, payable on September 28, 2012 to shareholders of record at the close of business on September 14, 2012.

About Hudbay

Hudbay (TSX:HBM)(NYSE:HBM) is a Canadian integrated mining company with assets in North and South America principally focused on the discovery, production and marketing of base and precious metals. Hudbay's objective is to maximize shareholder value through efficient operations, organic growth and accretive acquisitions, while maintaining its financial strength. A member of the S&P/TSX Composite Index and the S&P/TSX Global Mining Index, Hudbay is committed to high standards of corporate governance and sustainability. Further information about Hudbay can be found on www.hudbayminerals.com.

Contact: John Vincic Vice President, Investor Relations
Company Name: HudBay Minerals Inc.
Contact Title: and Corporate Communications
Phone: (416) 362-0615
Other1: john.vincic@hudbayminerals.com
Other2: www.hudbayminerals.com