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Grade 2 PowerPoint Presentations for 2nd Quarter

  

Grade 2 PowerPoint Presentations – 2nd Quarter | Compilation

Whether you're a student, teacher, or professional, these free downloadable PowerPoint presentations will prove to be a valuable resource for learning, teaching, or presenting information in an engaging and informative way.

ARALING PANLIPUNAN 1 PowerPoint Presentations – 2nd Quarter

  • Natutukoy ang mga ibat- ibang anyong tubig
  • Maipapaliwanag ang epekto ng kalamidad sa kalagayan ng mga anyong lupa,anyong tubig at sa tao
  • Mailalarawan ang pagbabago ng kapaligiran sa Komunidad
  • Nailalarawan ang pagpapatuloy at pagbabago ng kapaligiran ng kinabibilangang komunidad
  • Naisasalaysay ang kwentong pinagmulan ng pangalan ng Komunidad ng San Isidro
  • Mailalarawan ang pagbabago at pagpapanatili ng kapaligiran sa komunidad
  • Makakapagsaliksik at makapagsalaysay ng  pinagmulan ng pangalan ng sariling komunidad
  • Anyong lupa at anyong tubig
  • Mga Pagbabago sa Aking Komunidad

ENGLISH 1 PowerPoint Presentations – 2nd Quarter

  • Share ideas on the things the family do together
  • Identify the elements in a story read 1
  • Identify the elements in a story read 2
  • Decode words with long ā sound
  • Decode Identify synonyms
  • Identify the verb
  • Manipulate Individual Phonemes 1
  • Manipulate Individual Phonemes 2
  • Answer wh-questions
  • State facts and details of text during and after reading
  • English Basa Week 6 Day 1-5
  • Ing – Form of Verb
  • Lesson 4 Long a sound
  • Lesson 6 Together as One
  • Words for the day and dolch for Grade two

ESP 1 PowerPoint Presentations – 2nd Quarter

  • Naisasagawa ang mga paraan ng pagpapanatili ng kalinisan ng katawan
  • Nakapagpapakita ng pagsunod sa mga tuntunin o pamantayan na itinakda sa loob ng tahanan
  • ESP 2ND WEEK
  • ESP Q2 WK6 DAY 3

FILIPINO 1 PowerPoint Presentations – 2nd Quarter

  • Nasasagot ang mga simpleng tanong sa nabasang teksto
  • Napagsasama-sama ang mga ponema upang mabasa ang mga salitang may dalawang pantig
  • Nagagamit ang mga panghalip panao bilang pamalit sa pangngalan
  • Nakasusulat ng mga salita sa paraang kabit-kabit na may tamang laki at layo sa isa’t-isa
  • Ang Alamat ng Bubuyog
  • Aralin 5 Kambal Katinig
  • Filipino Basa day 1-5
  • Filipino Unit 2 week 1.3
  • Filipino Aralin 5.1 Naikukuwento ang nabasang teksto sa pamamagitan ng graphic
  • Filipino Basa Week 5 Day 1-5
  • Filipino Q2 Aralin 2
  • Magkasingkahulugan at magkasalungat
  • PAGDADAGDAG, PAGBABAWAS AT PAGPAPALIT
  • Q2 Fil Aralin 1 D2
  • Yunit II Fil Aralin 1

MATH 1 PowerPoint Presentations – 2nd Quarter

  • Solving two-steps word problems involving addition and subtraction
  • Solve two-step word problems involving addition and subtraction of 2 -to 3 digit numbers including
  • Illustrate multiplication as repeated addition
  • Illustrate commutative property of multiplication
  • Analyze and solve one-step word problems involving multiplication of whole numbers including money
  • Multiplication as repeated addition
  • Multiplication introduction
  • Strategic intervention material in math2

MTB 1 PowerPoint Presentations – 2nd Quarter

  • Nakikinig at nakikilahok sa talakayan ng grupo o klase hinggil sa napakinggan at binasang diyalogo
  • Lalong Nawalan
  • Modyul 11 – Day 1
  • Modyul 11 – Day 2
  • Modyul 11 – Day 3
  • Modyul 11 – Day 4
  • Modyul 11 – Day 5
  • MTB 2 week 2 day 2
  • MTB Aralin 14.1
  • MTB- Modyul 13 – Day 1
  • MTB- Modyul 13 – Day 2
  • MTB- Modyul 13 – Day 3
  • MTB- Modyul 13 – Day 4
  • Pangdugtongan or Preposition
  • MTB Week 3 Q2 D1
  • Grade 1 PowerPoint Presentations for 2nd Quarter
  • Grade 3 PowerPoint Presentations for 2nd Quarter
  • Grade 4 PowerPoint Presentations for 2nd Quarter
  • Grade 5 PowerPoint Presentations for 2nd Quarter
  • Grade 6 PowerPoint Presentations for 2nd Quarter

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Grade 2 PowerPoint Presentations for 2nd Quarter

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This section contains a list of powerpoint presentation of lessons in 2nd quarter for your respective grade levels. feel free to download your files and take time to review and validate each one for better presentation and for better outcome..

powerpoint presentation for grade 2 2nd quarter

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GRADE 1 SUMMATIVE TESTS: Quarter 2 SY 2021-2022 (Modules 5-6) With Answer Keys

Below are Summative Test No. 3 for GRADE 1 learners. These STs intend to cover the most essential learning competencies in Weeks 5-6 or Modu...

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Teachers online resource, download: grade 2 k-12 powerpoint lessons all subjects.

June 29, 2018 Deped Teachers Club Deped , Lesson Plan , News & Updates , Teachers 2

powerpoint presentation for grade 2 2nd quarter

Download All Grade 2 K-12 PowerPoint Lesson Plans

First Quarter

  • Math Q1 W2 D1-5
  • Math Q1 Lesson 9
  • Math Q1 Lesson 10
  • Math Q1 Lesson 11
  • Math Q1 Lesson 12
  • English Q1 W2 D1
  • English Q1 Lesson 9
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  • English Q1 Lesson 11
  • English Q1 Lesson 12
  • English Q1 Lesson 13
  • AP – Nasasabi ang kinaroroonan ng isang Komunidad
  • AP – Natutukoy ang bumubuo sa isang Komunidad
  • ESP Q1 W2 D1-5
  • Filipino Q1 W2 D1-5
  • MTB Q1 W2 D1-5
  • English Q1 W4, Day 1-4
  • Math Q1 W4, Day 1-4
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MARAMING SALAMAT PO SA MGA POWERPOINT.NAKAPAGDOWNLOAD NA PO AKO.2 YEARS NA AKING PROJECTOR.DI AKO MARUNONG GUMAWA NG PRESENTATION.NGAYON MAGAGAMIT KO NA AKING PROJECTOR…….AGAIN THANKS A MILLION FOR SHARING YOUR KNOWLEDGE..

Thank you teong gi pang share nga poer pointachers sa iny

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  • Classroom Observation (COT) Lesson Plan Grade 2 (Quarter 2)

powerpoint presentation for grade 2 2nd quarter

Classroom Observation Teaching (COT) is an essential part of quality assurance in the education sectors especially in the Department of Education. This process ensures the competitiveness of our teachers and address the unseen shortcomings in the implementation of the K-12 Basic Education Curriculum. Classroom Observation consists of 3 vital stages, pre-COT conference, actual classroom observation and post-COT conference. At all times, rater and ratee must have clear communication regarding the preparation and implementation of this classroom observation. However, preparing for COT, for some teachers, are not too easy and might need technical assistance. In that sense, we had collected here some of the ready-made Classroom Observation (COT) Lesson Plan and Powerpoint for Grade 2 (Quarter 2) .

Download Classroom Observation (COT) Lesson Plan for Grade 2 (Quarter 2)

To help teachers ease their preparation for Classroom Observation (COT) for Quarter 2 , here the free ready-made lesson plan:

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General Guideline for Classroom Observation

All classroom observations for performance evaluation purposes shall be scheduled in advance. The Ratee must be informed of the schedule at least three (3) working days before the classroom observation. See Also: Daily Lesson Log (DLL) for School Year 2023-2024

In case unforeseen circumstances and fortuitous events that are outside the control of the schools (such as natural or man-made calamities or disasters, lockdowns, etc.), concerned schools may be allowed to deviate from the prescribed timeline of conducting classroom observations; provided that requests in relation thereto shall be subject for approval of the Schools Division Superintendent; provided further, that all applicable classroom observation modes are exhausted prior to submitting the request.

The average rating of the classroom observations done across quarters shall constitute the final rating for each COI. Additional classroom observations may be conducted for purposes of technical assistance to teachers to improve their teaching practice. However, classroom observations conducted for technical assistance purposes will not be a factor in the determination of a Ratee’s performance rating. The purpose or objective of the observation shall be clearly stated prior to any scheduled classroom observation.

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Grade 2 Classroom Observation Plans (COT Files) Free Download

Cher Carmen

  • March 29, 2021
  • Class Observation Tools

This post is a compilation of Grade 2 Classroom Observation Plans, which are free to download.

A  classroom observation , according to www.edglossary.org, is a formal or informal observation of teaching while it is taking place in a classroom or other learning environment.

Typically conducted by fellow teachers, administrators, or instructional specialists, classroom observations are often used to provide teachers with constructive critical feedback aimed at improving their classroom management and instructional techniques.

DOWNLOAD   ALSO :  GRADE 1 TO 6 COT QUARTER 4

Classroom Observation Tools

Grade 2 Classroom Observation Plans

  • Grade 2 Classroom Observation Plans: AP –  DOWNLOAD
  • Grade 2 Classroom Observation Plans: English –  DOWNLOAD
  • Grade 2 Classroom Observation Plans: Filipino –  DOWNLOAD
  • Grade 2 Classroom Observation Plans: Math 1 –  DOWNLOAD
  • Grade 2 Classroom Observation Plans: Math 2 –  DOWNLOAD
  • Grade 2 Classroom Observation Plans: Math 3–  DOWNLOAD
  • Grade 2 Classroom Observation Plans: Math 4–  DOWNLOAD
  • Grade 2 Classroom Observation Plans: MTB –  DOWNLOAD

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How to meet indicators in our COT? Read the annotation below to fully understand before we conduct our Classroom Observations.

Annotation:

– To meet indicator 1 in COT –RPMS, the teacher addressed content correctly and its focus is congruent with the topic on his presentation of  example and other activities, the teacher motivates his learner to explore the content area to develop their knowledge and satisfy their natural curiosity that can be seen on the part of integration in science subject, the teacher made meaningful connections across the content areas (from Review up to Evaluation and additional activities) and the teacher applied extensive knowledge of the content beyond inquisitiveness his area of specialization that was perceive during the discussion and the activities.

– To meet indicator 2 in COT –RPMS, the teacher utilized structured activities that augment and boost learners higher level of literacy e.g. practicing skills in writing that was observed during group work and assignment.

– To meet indicator 3 in COT –RPMS, the teacher provided all-encompassing questions including HOTS questions and activities that challenge the learners to ruminate and have a deeper perception.

– To meet indicator 4 in COT –RPMS, the teacher employed practical classroom structure management practices to support flex movement of the learners in all learning activities. The learners are utterly engrossed in all activities by consuming optimal space and time apposite to their needs.

– To meet indicator 5 in COT –RPMS, the teacher established a positive learner milieu and used non-violent castigation to ensure learning focused environment.

–  To meet indicator 6 in COT –RPMS, the teacher provided differentiated strategies that motivated and engaged learner to achieved their individual learning needs.

– To meet indicator 7 in COT –RPMS, the teacher organized sequence of activities intentionally to lead the pupils in achieving the objectives

– To meet indicator 8 in COT –RPMS, the teacher utilizes learning resources which are consistently aligned with the instructional purposes

-To meet indicator 9 in COT –RPMS, the teacher used formative assessment which engaged learners in assessing own and with their peers.

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Grade 2 PowerPoint Presentations – 3rd Quarter | Compilation

To help teachers by providing students with additional visual support for lesson presentation that could help in enhancing their interest for learning, we have uploaded our compiled Grade 2 PowerPoint Presentations – 3rd Quarter | Compilation . We aim to complete all the K-12 PowerPoint Presentations to make them available to all teachers and help them complete their required teaching resources.

We at DepEd Teachers Club are always grateful to all our File Authors and File Contributors. Credit goes to all of them. Let us all give them thanks and show our support for all their works. We are also thankful for all our File Editors, Sharers, Tech Volunteers and fellow Teachers for helping us and making this kind of service possible.

Lesson Presentation Practices

Occasionally, during the lesson presentation, students may get tired, or disinterested. You will grow more at ease with the content as a teacher as you practice your class presentation. You will come off as much more professional and polished when giving your presentation as a result of consistent practice.

It is your responsibility as the lecturer to make your students feel at ease and interested in both you and the presentation’s subject matter. Make eye contact and just glance quickly at slides or notes. Scan the room, pausing briefly to look at different students. Be mindful of your posture. Be passionate about your subject and speak slowly. Smile. When we are anxious, we naturally speak more quickly. Include breaks so that your students can keep up and you can plan ahead. Mark important areas with gestures, and if you can, move around the room. Adjust your voice’s volume so that individuals in the rear of the room can hear you. Keep your speech free of fillers like Ah, uh, I mean, like, okay, hmm, etc. Try to come across as naturally as you can.

Visual aids provide students with additional visual interest while backing your arguments and serving as supporting proof. Avoid looking away from your students to focus on the image or obstructing the presentation with your body. After calling attention to the material you want the audience to pay attention to, make sure you properly clarify what you just called attention to. Make sure your graphics are readable and appealing to the eye. Above all, make sure that your visual aids support rather than substitute for what you are saying. Aim to keep your visual assistance from having too much text or too many graphics. Together, your spoken words and visual aids should ensure that the audience’s focus is never split between the two.

Questions and Answers. Consider potential queries your students might have when you are planning. This method can be used to successfully respond to queries from the audience.

  • Embrace the inquiry. Good Question! This kind act communicates your interest.
  • Rephrase your query. Making sure you comprehend the question, ensuring that everyone in the audience hears it, phrasing it in a way that you want to or are willing to respond, and giving yourself time to consider your response are all possible benefits of this crucial stage.
  • Provide a concise and clear response to the inquiry.
  • Have the questioner and your students check to see whether they understand. It all makes sense, right? Understood?

powerpoint presentation for grade 2 2nd quarter

ENGLISH 2 PowerPoint Presentations – 3rd Quarter

  • ENGLISH 2 PPT Q3 – _First Day in School
  • ENGLISH 2 PPT Q3 – Dario_s Pet
  • ENGLISH 2 PPT Q3 – Developing Reading Power 2
  • ENGLISH 2 PPT Q3 – Developing Reading Power 3
  • ENGLISH 2 PPT Q3 – Developing Reading Power 4
  • ENGLISH 2 PPT Q3 – Grading_English-Identify important details in expository text listened to
  • ENGLISH 2 PPT Q3 – Lesson 9
  • ENGLISH 2 PPT Q3 – Lesson17 Reciting Poem
  • ENGLISH 2 PPT Q3 – Reading Materials
  • ENGLISH 2 PPT Q3 – Using Demonstrative Pronouns
  • ENGLISH 2 PPT Q3 – W6 Day 1
  • ENGLISH 2 PPT Q3 – W6 Day 2
  • ENGLISH 2 PPT Q3 – W6 Day 3
  • ENGLISH 2 PPT Q3 – W6 Day 4
  • ENGLISH 2 PPT Q3 – W6 Day 5
  • ENGLISH 2 PPT Q3 – Week 7

MATH 2 PowerPoint Presentations – 3rd Quarter

  • MATH 6 PPT Q3 – W4 Lesson 88 Day 1
  • MATH 6 PPT Q3 – W6 Day 1
  • MATH 6 PPT Q3 – W6 Day 3
  • MATH 6 PPT Q3 – W6 Day 4
  • MATH 6 PPT Q3 – W7 Day 1
  • MATH 6 PPT Q3 – Week 1

MTB 2 PowerPoint Presentations – 3rd Quarter

  • MTB 2 PPT Q3 – Day 1 Modyul 24
  • MTB 2 PPT Q3 – Day 2 Modyul 24
  • MTB 2 PPT Q3 – Day 4 Modyul 24
  • MTB 2 PPT Q3 – Nakikilahok Sa Talakayan Ng Pangkat O Klase
  • MTB 2 PPT Q3 – W6 Day 1
  • MTB 2 PPT Q3 – Week 7

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GRADE 2 LESSON PLANS for Class Observations (Q1-Q4) SY 2021-2022

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Hudbay Minerals Inc. (NYSE:HBM) Q1 2024 Earnings Call Transcript

Hudbay Minerals Inc. (NYSE: HBM ) Q1 2024 Earnings Call Transcript May 14, 2024

Operator: Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Hudbay Minerals First Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being broadcast live on the webcast and is being recorded today May 14, at 11:00 AM Eastern Time. I will now turn the conference over to Ms. Candace Brule, Vice President Investor Relations. Thank you. Please go ahead.

Candace Brule: Thank you, operator. Good morning and welcome to Hudbay's 2024 first quarter results conference call. Hudbay's financial results were issued this morning and are available on our website at www.hudbay.com . A corresponding PowerPoint presentation is available on the Investor Events section of our website and we encourage you to refer to it during this call. Our presenter today is Peter Kukielski, Hudbay's, President and Chief Executive Officer. Accompanying Peter for the Q&A portion of the call will be Eugene Lei, our Chief Financial Officer; and Andre Lauzon, our Chief Operating Officer. Please note that comments made on today's call may contain forward-looking information and this information by its nature is subject to risks and uncertainties and as such actual results may differ materially from the views expressed today.

For further information on these risks and uncertainties, please consult the Company's relevant filings on SEDAR+ and EDGAR. These documents are also available on our website. As a reminder, all amounts discussed on today's call are in US dollars, unless otherwise noted. And now I'll pass the call over to Peter Kukielski.

Peter Kukielski: Thank you, Candace. Good morning, everyone and thanks very much for joining us. In the first quarter, we delivered another consecutive quarter of strong operational and financial performance, steady free cash flow generation and continued debt reduction. This was largely a result of our unique copper and gold production diversification that provides meaningful exposure to higher copper and gold prices and attractive free cash flow generation. I'll go into more detail on our first quarter operating and financial achievements throughout today's presentation, along with providing an update on many of the exciting growth initiatives underway to further enhance our copper and gold exposure. Slide 3 summarizes the strong financial performance that we delivered in the first quarter.

Consolidated copper production was 35,000 tonnes and consolidated gold production was 90,000 ounces in the first quarter. Third quarter production demonstrated the strength of our diversified operating base with benefits from the continued mining of high copper and gold grades at the Pampacancha deposit in Peru, continued high gold grades at Lalor and strong performance from the New Britannia mill in Manitoba, as well as the operational stabilization efforts at the Copper Mountain Mine in British Columbia. We are well on track to achieve the production guidance metrics for all metals. Consolidated cash costs were a remarkable $0.16 per pound of copper for the second quarter in a row. This was primarily the result of continued high by-product credits, partially offset by higher mining costs and lower copper production.

Consolidated sustaining cash costs were equally impressive and decreased to $1.83 per pound in the quarter. Given this strong cost performance, we have affirmed our full year 2024 consolidated cost guidance and we are pleased to see continued cost efficiencies being realized throughout the business, which is a testament to the outstanding team we have at Hudbay. Revenue in the quarter was $525 million, driven by gold production and sales volumes that exceeded our expectations. This together with impressive cost performance led to adjusted EBITDA of $214 million and adjusted net earnings of $0.16 per share. Operating cash flow before change in non-cash working capital of $148 billion also exceeded expectations. After deducting sustaining capital expenditures and cash lease and community payments, we generated $87 million in free cash flow this quarter.

This continues our quarterly trend of generating positive free cash flow and over the last 12 months we have generated more than $350 million in free cash flow. Our strong free cash flow generation enabled us to make additional progress against our deleveraging targets by completing a $10 million repayment on our revolving credit facilities and reducing net debt by $44 million during the quarter. As at March 31, our total liquidity increased to $619 million, including $284 million in cash as well as undrawn availability of $335 million, on our revolving credit facilities. The decline in net debt, together with the strong EBITDA generation has improved our net debt to EBITDA ratio to 1.3 times compared to 1.6 times, at the end of 2023, and we are well on track to achieve our 3-P planned leverage target of 1.2 times.

Moving to Slide 4, our Peru operations produced 25,000 tonnes of copper, 29,000 ounces of gold, 640,000 ounces of silver and approximately 400 tonnes of molybdenum in the quarter. While high-grade copper and gold all continued to be mined from Pampacancha in the quarter, the mill processed less Pampacancha ore than in the fourth quarter of 2023. This was in line with the mine plan and the typical ore feed blend of approximately one-third from Pampacancha and two thirds from Constancia. As a result, we are on track to achieve our 2024 production guidance for all metals in Peru. Total ore mined in the first quarter decreased by 27% compared to the prior quarter, in line with the mine plan, which included supplemental ore feed from stockpile during the quarter.

The operations advanced pit stripping activities. The Constancia mill performed well during the quarter, with throughput averaging 89,000 tonnes per day. Ore milled was 2% higher than the fourth quarter of 2023, mainly due to the treatment of softer ore from stockpiles. Recoveries continue to be strong and in line with our metallurgical models, with 84.9% copper recovery and 73.4% gold recovery. The operations benefited from strong cost performance, achieving lower cash costs and sustaining cash costs compared to the fourth quarter. Peru's cash costs were at a record low of $0.43, a 20% improvement over the favorable levels achieved in the fourth quarter and benefited from higher gold by-product credits and lower operating costs. Sustaining cash costs were $1.6 or 12% lower than the fourth quarter, primarily due to the same factors.

We are positioned well to achieve our 2024 cash cost guidance in Peru. Our Manitoba business also saw another quarter of strong operating performance as summarized on Slide 5. First quarter production included 57,000 ounces of gold, 3.1 thousand tonnes of copper, 8.8 thousand tonnes of zinc and 220,000 ounces of silver. Production of gold in the first quarter was better than expected as a result of many operational improvement initiatives and a record performance from the New Britannia mill. We are well on track to achieve our 2024 production guidance for all metals in Manitoba. Strong gold production was partly attributed to the successful implementation of improvement initiatives at Lalor that were completed in 2023 and early 2024, including higher shaft availability, efficient ore hoisting, stope fragmentation reduction and making productivity enhancements.

The New Britannia mill achieved record quarterly throughput of 1,870 tonnes per day in the first quarter, due to ongoing improvement initiatives and effective preventative maintenance measures. The New Britannia mill recoveries of gold and copper were 89% and 96% respectively, in the quarter. During the first quarter, we received a permit approval from the environment and climate change Manitoba, to increase the New Britannia mill production rate to 2,500 tonnes per day. This approval aligns well with our long-term objective to further increase gold production at the Snow Lake operations, by directing more gold ore from Lalor to the New Britannia mill, to achieve higher gold recoveries. The Stall Mill processed 4% less ore in the first quarter than the prior quarter, aligned with our strategy of allocating more Lalor ore feed to New Britannia.

With the Stall Mill recovery improvement project completed last year, we saw consistent strong recoveries of gold, copper and silver in the first quarter and achieved our targeted gold recovery levels of 68%. Manitoba's gold cash cost of $736 per ounce, which is well positioned at the lower end of our 2024 cash cost guidance range. Gold sustaining cash costs were $950 per ounce, in the quarter. Now moving to Slide 6, we continue to focus on advancing our operational stabilization plans at our British Columbia business unit. In the first quarter, Copper Mountain produced 7,000 tonnes of copper 4,400 ounces of gold, and 88,000 ounces of silver. Production of copper and silver was lower than the prior quarter, while gold production was higher as a result of higher gold grades and overall higher recoveries.

We are on track to achieve 2024 production guidance for all metals in British Columbia. Total ore mined in the first quarter was 3.7 million tonnes, which increased 42% from the fourth quarter, in line with our fleet production ramp-up plan. The mill processed a total of 3.2 million tonnes of ore during the quarter with mill availability averaging 90.4%, while maintaining a stable throughput rate. Mill throughput was impacted by reduced reliability of the crushing circuit, which was caused primarily by elevated levels of magnetite and scrap metal as the mining progresses through areas of historical underground workings. First quarter milled copper grades averaged 0.27%, which was lower than the fourth quarter of 2023, but higher than the reserve grade of 0.25%.

Copper recoveries of 83.4% were higher than the prior quarter and higher than expected due to relieving the regrind circuit constraint and implementing the flotation operational strategy improvements, including reagents selection and dose modification. Cash costs were $3.49, above the upper end of 2024 guidance range, but we expect these to decline during the remainder of the year as we continue to implement the stabilization initiatives. We have affirmed our full year cash cost guidance range for B.C. Slide 7 highlights the improvements we have seen at Copper Mountain through the early stages of our stabilization initiatives. Since the acquisition in June of last year, we have achieved and exceeded the targeted $10 million in annualized corporate synergies and we are on track to realize the three-year annual operating efficiencies targets.

On the mining side, we have remobilized idle haul trucks and accelerated the purchase of five new haul trucks to increase mining activities and improved flexibility in the mine with additional mining phases. To open up the mine, we have begun a campaign of accelerated stripping over the next three years to enable access to higher-grade ore and to mitigate the reduced stripping undertaken by Copper Mountain over the four years prior to our acquisition. As a result of the remobilization initiatives, total material moved will continue to increase quarter-over-quarter in line with the mine plan. We continue to hire and train additional haul truck drivers and expect to have a fully trained complement of truck drivers this summer to support the expanded mining fleet, which is expected to increase material move, improve operating efficiencies, and reduce unit operating costs.

Additionally, we are implementing plant improvement initiatives that mirror the successful processes at our other operations, specifically, Constantia. We have seen stronger mill performance as demonstrated by higher mill availability and above target copper recoveries of 83.4% in the first quarter of 2024. First quarter saw the highest quarterly copper recoveries achieved in the last decade at Copper Mountain. Stabilization benefits continue to be realized into April with 83% copper recoveries and approximately 40,000 tonnes per day average mill throughput, an increase of approximately 9% over the first quarter. We are also accelerating engineering studies to de-bottleneck and increase the nominal plant capacity to 50,000 tonnes per day earlier than was contemplated in the technical report.

Maintenance practices to improve mill availability continue to be a key pillar of the stabilization initiatives. The average mill availability during the first quarter increased to 90.4% from 85.1% last quarter. As I mentioned earlier, maintenance programs completed during the quarter were fully executed according to plan. Additional maintenance practice enhancements are planned for rollout over the second and third quarter to implement improved maintenance management processes and change the maintenance organizational structure. Several new initiatives to target higher mill throughput were advanced during the quarter, including reprogramming the mill expert system, installation of advanced SAG control instrumentation, redesign of the SAG lineup package, and updated operational procedures to remove magnetite from the pebble stream.

The mill throughput in April increased to close to 40,000 tonnes per day as the mills began realizing benefits from the recalibration expert system. The benefits of the operational stabilization improvements are expected to be realized through the remainder of 2024. In March we released our Annual Mineral Reserve and Resource Update and provided our updated three-year production outlook which is shown on Slide 8. We expanded the mine life at Constancia by three years to 2041, as a result of the successful conversion of Mineral Resources to Mineral Reserves by adding an additional mining phase at the Constancia pit. Manitoba reserves continue to support a mine life to 2038, with significant extension potential through conversion of the remaining 1.4 million ounces of gold in inferred resources in Snow Lake British.

British Columbia reserve support the 21 year mine life, disclosed in our Technical Report released in December of 2023, with additional optionality and upside potential for reserve conversion through 370 million tonnes of inferred resources. Our three year production outlook highlighted that Constancia operations are expected to produce 101,000 tonnes of copper and 62,000 ounces of gold over the next three years. British Columbia as annual copper production is expected to average 41,000 tonnes of copper over the next three years. Manitoba annual gold production guidance continues to average 185,000 ounces over the next three years. Hudbay offers investors meaningful copper exposure, complementary gold exposure and strong near-term cash flow generation.

We are well positioned to benefit from strong copper and gold prices with our low-cost stable operating platform in Tier 1 jurisdictions and our leading corporate development and exploration pipeline. As shown on Slide 9, today Hudbay produces more than 150,000 tonnes of copper per year, which is further augmented by our complementary gold exposure that offers cash flow resiliency in volatile pricing environments. For each $0.25 annual change in copper prices, Hudbay will gain an additional $75 million in cash flow and EBITDA. Similarly, for gold, for a $100 per ounce annual increase in price, Hudbay will see $25 million in increased cash flow and EBITDA. Our portfolio also generates the highest increase in net asset value with rising copper prices amongst our peers.

Now turning to Slide 10, Copper World is the next promising greenfield copper development project in our growth pipeline. As we progress towards making the sanctioning decision, we will continue to be prudent with our financing plans for Copper World by remaining focused on meeting all of the prerequisites outlined in our 3-P Plan that we introduced in late 2022. Copper World is one of the highest grade open pit copper projects in the Americas with proven and probable reserves of 385 million tonnes at 0.54% copper in Phase 1. There is roughly 60% of the total contained copper remaining in the measured and indicated resources excluding reserves, which provides significant upside potential for Phase 2 expansion and mine life extension beyond 20 year.

The phase 1, PFS released in 2023, showed enhanced project economics and optimized flow sheet and a simplified permitting process with extended mine life to 20 years and an internal rate of return of 19%, at a copper price of $3.75 per pound. The first key state permit required for Copper World, the Mined Land Reclamation Plan, was initially approved by the Arizona State Mine Inspector in October 2021 and was subsequently amended to reflect a larger private land project footprint in June 2022. In late 2022, we submitted the applications for an Aquifer Protection Permit and an Air Quality Permit to the Arizona Department of Environmental Quality. We continue to expect to receive these two outstanding state permits in 2024. We also received the floodplain use permit approval from Pima County in April 2024.

We expect to launch the formal Joint Venture process later this year, after we secure our permits and prior to commencing a definitive feasibility study, which would allow the potential Joint Venture Partner to participate in the funding of definitive feasibility study activities as well as in the final project design for Copper World. We have seen strong initial interest from potential Joint Venture Partners, as many industry participants are focused on increasing copper exposure. Securing copper supply becomes a growing global concern, as evidenced by BHP's recent bid by Anglo American in an effort to increase their copper exposure. Copper World will be a key contributor to the domestic US supply chain, with our intention to produce made-in-America copper cathode by building a concentrate leach processing facility in the fourth year of operations.

Local production of copper cathode would reduce the operation's total energy requirements and lower greenhouse gas and sulfur emissions by eliminating overseas shipping, smelting and refining activities relating to processing copper concentrate. The project is expected to contribute more than $850 million in US taxes, including $170 million in Arizona state taxes. The mine will also create more than 400 direct jobs and up to 3,000 indirect jobs in Arizona. Copper World is an attractive copper growth project for Hudbay and our stakeholders, which will generate strong project returns and bring many benefits to the community and local economy in Arizona. We are also encouraged by the progress that the United States Mining Regulatory Clarity Act of 2024 is making through legislative approvals, as the government recognizes the importance of supporting the domestic critical mineral supply chain.

Consequently, this bill aims to clarify the use of federal lands for mining critical minerals and also effectively overturns the prior Rosemont decision. While it doesn't change our path forward on Phase 1 of our Copper World Plan, if passed by the Senate, the bill would be a positive development for the second phase of Copper World when we expand onto federal lands and significantly increase the annual production and mine life at Copper World. It would also simplify this future permitting process for our Mason copper project in Nevada. Turning to slide 11, in Peru, our exploration activities surrounding the Maria Reyna and Caballito properties near Constancia continue to focus on permitting and drill preparation. We commenced early exploration activities after completing a surface rights exploration agreement with the community of Uchucarcco in August 2022.

As part of the drill permitting process, environmental impact assessment applications were submitted for the Maria Reyna property in November 2023 and for the Caballito property in April 2024. And in Manitoba, we initiated the largest exploration program in the company's history in Snow Lake, as highlighted on slide 12. Much of the newly acquired land from the Cook Lake and Rockcliff transactions last year has been untested by modern deep geophysics. During the first quarter, a surface geophysical survey was conducted over a portion of our Cook Lake tenements using cutting-edge techniques that enabled the team to detect targets at depths of almost 1,000 meters below surface. The multi-phase 2024 drilling program with up to eight drill rigs during the winter focused on testing potential for deep extensions of the gold and copper gold zones at Lalor and will continue throughout the year testing other targets identified from current and past geophysical surveys.

The goal of the 2024 exploration program is to test mineralized extensions of the Lalor deposit and to find a new anchor deposit within tracking distance of the Snow Lake processing infrastructure, which has the potential to extend the life of the Snow Lake operations beyond 2038. Additionally, we are advancing an access drift at the nearby 1901 deposit to enable infill drilling aimed at converting the inferred mineral resources in the gold lenses to mineral reserves. In the first quarter, we commenced the development of the smaller profile drift from the existing Lalor ramp. The 1901 development and exploration drift is proceeding on schedule and on budget and is expected to reach the mineralization in late 2024. Definition drilling is planned for 2025 to further confirm the optimal mining method, evaluate the ore body geometry and continuity, and convert gold inferred resources to reserves.

Additionally, in March 2024, Hudbay signed a five-year option agreement with Marubeni focused on three exploration projects within tracking distance of Flin Flon. The agreement grants Marubeni an option to acquire a 20% interest in the project following the completion of funding CAD 12 million in exploration activities over a period of five years. All three properties host past producing mines with attractive copper and gold grades and remain highly prospective for further mineral discoveries. Concluding on slide 13, we believe that copper has the best long-term supply and demand fundamentals in the sector as global copper mine supply will be unable to meet demand from global de-carbonization initiatives and growing demand from the use in AI data centers.

Hudbay is uniquely positioned to benefit from the strong outlook for copper with a steady copper production profile of over 150,000 tons per year through to the end of the decade. Hudbay's resilient operating platform offers leading exposure to copper and unique complementary exposure to gold which together with our quality pipeline of growth assets provides significant upside potential for further value creation at higher copper and gold prices. And with that we pleased to take your questions.

To continue reading the Q&A session, please click here .

An aerial view of a copper mine, showing the intricate workings of heavy machinery.

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