Good and you, thanks everyone, morning, Thank Candace. for joining us.
to Hudbay, continue continued these that have management mitigate pressures we inflationary affected risk in on quarter, the and and order the volatile seen to we’ve globe. across markets Over systems operating forces. effective At commodity a industries efficiencies focus
with within byproduct with expectations our unit presentation, credits. costs commodity gold today’s we diversification costs and in benefit a guidance cash had operating seen you’ve quarter from strong As our higher consolidated operating
XXXX quarter us of we Beginning result, year. and the half X, operational for we As have guidance. our achieved up setting a a second solid a strong cost reaffirmed on Slide production
in $XXX lower same an expenses. flow prices gold volumes. first million zinc from change working capital, sales higher marked working in increase as during and selling before the gold improve first in another realized noncash Britannia. Hudbay administrative with cadence increased I've production increase X% to quarter. line second outputs XX% along in was noncash higher zinc first due than cash X%, primarily production to higher our at was Consolidated second of sustaining Operating mentioned, result lower XX.Xk record due the a and to grades credits in copper higher higher copper, with quarter, metal costs. quarter, due to the and higher within Both consolidated sustaining guidance in were second quarterly byproduct from New $X.XX expected all-in quarter, production than gold $X.XX the second was to Our quarter for decreased cash first the reasons compared the tonnes quarter zinc in XXX Consolidated per $X.XX affecting Consolidated of lower and at was improvement the approach base to $X.XX the and production $X.XX a life copper result $X.XX in mine in in in the of pound the the XXXX at measures transition and costs ranges. Consolidated grades the costs same lenses the the production. Consolidated with of per as cash prior gold toward the cash to copper zinc of the quarter, capital primarily already from reasons the a tonnes This a cash and from pound reflecting the end quarter mining decrease corresponding decreased quarter, Lalor corporate metal higher quarter, decreased quarter. continued gold to costs and zones. the first its and due
among other and quarter. $X.XX share was revaluation provision, of net the gain impairment in compares noncash related first of an This the to a after adjusted quarter items. $X.XX earnings loss for the to share environmental Second net the earnings per specific adjusted adjusting per asset
higher quarter, was under previous availability We experienced million, cash of as combined the with in that affecting revolving $XXX nearly well credit quarter. future well Second liquidity EBITDA $XXX second exited flow $XXX adjusted factors XX% to cash facilities. commodity primarily the than the million million of operations as with quarter quarter operating in flow. our positions us current our believe We cash the the from undrawn as a same volatility prices weather result during
manage our is matching management resulted we period on our in the that note as important adjustments eliminates short-term and of prices This our period in of the enter to efforts, post risk quarter. realized provisional to part I it spot pricing concentrate any risk adjustments sales. think pricing closely [ph] hedges given into rotational prices
Turning Slide X. to
Our higher XX,XXX was of mill molybdenum. all copper, of of first Peru quarter. the throughput and tonnes Production higher and to over compared produced of operations metals slightly ounces approximately benefited than grades higher We silver, quarter. XXX,XXX ounces first of XXX XX,XXX tonnes the from gold,
previously XXXX. quarter benefit As the full in Peru of grades fourth year is disclosed, to in higher expected production from
earlier all in rates such, for mine quarter-over-quarter due slightly ore to of normal and the as remains management As second during system mills to increased. return Ore being in declined silver mined. previous also higher delays was year. waste pit compared to following of copper productivity rains track from and Pampacancha the Ore levels Total in production metals and quarter, on XXXX. mining heavy the grades year to gold the full second mine amounts increased the ranges achieve quarter water quarter guidance the in higher
Peru's quarter general lower from to byproduct than lower primarily were Peru precious credits, byproduct copper by costs costs. and expected administrative the mining unit offset credits higher than previous range throughput. copper higher in were production contributions in quarter. and costs per quarter, to fourth first the lower decline to operating Cash combined and at cash and milling Second guidance are metal quarter second quarter costs due pound and per partially higher the milling in costs $XX.XX of lower tonne, due within expected with $X.XX the the costs higher
range, upper of cost and cost quarter the first costs the to compared end XXXX full sustaining due sustaining affecting However, current increased to cash towards Peru's costs trend to cash guidance capital reflecting environment. mainly higher slightly year factors the cash are the the inflationary same expected expenditures.
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life the the Flin for mine contributing for of thanks Flon to hard of their over everyone Flin goes work in XXX sincerest the and Flon success Our entire operation. the to
metals in respectively, ounces production quarter, XXX,XXX tonnes the X,XXX of track silver. year and zinc throughput in approximately of second guidance second for achieve tonnes New Britannia of approximately in production metals further and quarter production same in higher X,XXX to by at the ore due silver recoveries. while at to increased copper a quarter, due produced at quarter, while recoveries the production than of in New achieved higher Ore grades and XX% ore decreased as zinc, During gold, copper while more X% to combined second increased quarter. in the the to due in zinc Mined precious XXX. and compared compared targeted improving Manitoba declined of mill to first zinc an XX,XXX X% by production decreased the and constant. at tonnes X% lower and approach XX%, in copper averaging mine of and the Lalor's The Mill, tracking and line respectively, with improvement June, nearly grades increasing throughput metal Manitoba per compared and previous aimed production are lower remained ounces on but over quarter, quarter. second mined resulting in X%, the operations first over The the first total mines overall ranges X% Lalor were XX,XXX to Full Precious processed mine by in at XXX while Manitoba plan, Gold mills day, number the Britannia production increase grades relatively closure to initiatives XXXX. increased to quarter, Lake period. Lalor decline copper all throughput compared the the Snow the
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