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Hudbay Minerals settles civil lawsuits regarding former operations in Guatemala
TORONTO — Hudbay Minerals Inc. has reached settlement agreements covering three civil lawsuits in connection with the Fenix nickel project in Guatemala that the company sold in 2011.
The company says the settlements conclude all outstanding legal matters related to its former activities in Guatemala.
The agreements covered alleged actions that occurred in Guatemala in 2007 and 2009.
The company had faced accusations of violence and gang rapes by security personnel.
Financial terms weren't immediately available, but the agreement confirms the settlement is without admission of liability and that the parties continue to have fundamentally differing views on the facts underlying the allegations.
Hudbay acquired the Fenix project in 2008 and divested itself of its holdings in Guatemala in 2011.
This report by The Canadian Press was first published Oct. 7, 2024.
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