09:40 AM EDT, 10/07/2024 (MT Newswires) -- Hudbay Minerals ( HBM ) said Monday it has concluded all outstanding legal matters related to its former activities in Guatemala as it has reached a final settlement in three civil lawsuits against it regarding alleged actions that happened in that country in 2007 and 2009.

The company said it was named in the lawsuits because of its ownership of the Fenix nickel project that was acquired in 2008.

Hudbay said it has had no operations in Guatemala since it divested itself of its holdings in 2011.

The company said there was no admission of liability when it agreed to settle with the plaintiffs, adding that the parties continue to hold different views on the facts underlying the allegations.

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