Tag Archives: HudBay

Parents’ subsidiary liabilities hit home

Hudbay, Nevsun, Chevron...multiple Canadian resource companies are now facing suits in Canadian courts for the actions of their offshore subsidiaries. It’s time other firms took steps to address their own risk
By Poonam Puri
With Luis Sarabia
March 6th, 2016

In 2013, a group of indigenous Guatemalan plaintiffs commenced legal proceedings against Canadian mining giant Hudbay Minerals Inc. (TSX:HBM), alleging that security personnel hired by Hudbay’s wholly owned subsidiary in Guatemala perpetrated violent human rights abuses when carrying out security … Continue reading

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The long arm of the lawsuit

Canadian companies with foreign subsidiaries are traditionally immune from liability for those subsidiaries’ actions abroad. Klippensteins, a Toronto public interest law firm, is trying to change that—with HudBay Minerals first in its sights
By Jim Middlemiss
April 13th, 2013

Watch out corporate Canada, Klippensteins is gunning for you. The five-person public interest law firm has made its name defending human rights, particularly among indigenous peoples. Its high-profile cases include representing the family of slain native activist Dudley George, who … Continue reading

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How to land a monster

Kinross Gold's $7.1-billion purchase of Red Back Mining and its massive African gold deposit has the power to transform the company—and be the defining deal of CEO Tye Burt's career
By Robert Thompson
December 25th, 2010

Sometimes the deal of the year actually is a long time coming. Such was the case with Kinross Gold Corp.’s $7.1-billion mid-summer bet on Red Back Mining Inc., which, through the end of November, was the largest Canadian-led merger or … Continue reading

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