Guatemalan lawsuits to continue against HudBay, says lawyer
Lawyers representing alleged human rights abuses victims of Canadian Mining firm HudBay Minerals in Guatemala will continue their efforts to sue the company for a combined $67-million, despite the TSX-listed firm’s announcement late last week that it would sell the Fenix nickel project, where the alleged abuses occurred. “We believe this sale was prompted in part by the severe human rights issues at HudBay’s Fenix project that dogged the company at every turn,” said Murray Klippenstein, a lawyer representing one of the victims. “HudBay and HMI Nickel cannot avoid liability for their past actions by selling the project,” he added. Toronto-based HudBay said it was selling the project because it didn’t fit its strategy of focusing on volcanogenic massive sulphide and porphyry deposits. "Our position remains the same," HudBay spokesperson John Vincic said...Hudbay announced...it would sell the asset, for which it paid $460-million in 2008, to the privately held Solway Group, based in Cyprus, for $170-million.