verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . february 2009 learn how and when to remove this template message hudbay type public traded as tsx hbm nyse hbm founded 1996 as pan american resources inc. 1927 as hudson bay mining and smelting company limited 1 headquarters toronto ontario canada subsidiaries hudson bay mining and smelting co. limited website hudbayminerals.com hudbay is a canadian mining corporation . founded as hudson bay mining & smelting co. limited hbm & s it has been exploring and mining in manitoba for over 80 years . much of its history has centered on flin flon manitoba . hudbay now has operations in manitoba peru and yukon . 2 contents 1 history 1.1 hudson bay mining & smelting 1.2 hudbay minerals 2 operations 3 controversy surrounding hudbay minerals former guatemalan operations 4 references 5 external links history edit hudson bay mining & smelting edit the flin flon orebody was discovered by david collins a local trapper and shown to tom creighton a prospector in 1914 . 3 the first claim was registered in 1915 . it took more than a dozen years to bring the mine into production because the ore body was huge of high grade required large amounts of hydro energy was isolated and needed a smelter . in 1927 the whitney family of new york created hbm & s which took over controlling interest in the flin flon property . 3 by 1930 the mine smelter hydroelectric dam and railroad were in full operation . on december 21 2004 hudbay minerals hudbay acquired hudson bay mining and smelting hbms for c 316 million from anglo american plc. the purchase was financed by a public offering of c 143.8 million of equity and the issue of us 175 million of debt . 4 the corporate head office was in winnipeg manitoba canada but moved to toronto in 2008 . 5 hudbay minerals edit founded as pan american resources inc. the company first went public on the montreal exchange under the symbol pan in the 3rd quarter of 1996 . 6 pan american acquired all of ontzinc corporation on march 12 2002 . subsequently the company renamed itself ontzinc corporation on august 15 2002 . 7 upon acquisition of hudson bay mining and smelting co. limited the company renamed itself hudbay minerals inc. on december 24 2004 . 8 on august 26 2008 hudbay minerals inc. announced the completion of a business combination with skye resources inc. 9 skye resources was renamed hmi nickel and was a subsidiary of hudbay minerals until hudbay divested of the project through the sale of its interest in cgn to the solway group in september 2011 . 10 in november hudbay minerals inc. and lundin mining corporation announced an agreement to combine their resources and create a new major canadian leader in global mining however in february 2009 after a ruling by ontario securities commission that hudbay must allow its shareholders to vote on the plan the companies announced that the deal had been terminated . 11 12 on january 9 2009 hudbay minerals announced suspended operations and continue on care and maintenance at chisel north mine in snow lake manitoba . the mine stopped producing in late february 2009 due to falling zinc metal prices and increased costs and restarted operations in 2010 . 13 operations edit hudbay now operates three underground mines in the province of manitoba . the 777 mine is located in flin flon the reed lake mine is located just off the highway past cranberry portage towards snow lake and thompson and the lalor mine is located near snow lake . the 777 mine in flin flon produces zinc and copper along with lesser amounts of gold and silver . today the original 1930 island falls hydroelectric facility is owned and operated by saskpower . controversy surrounding hudbay minerals former guatemalan operations edit the fenix ferro nickel project in guatemala is owned by compa a guatemalteca de niquel cgn which was 98.2 % owned by hudbay minerals from august 2008 to september 2011 . the fenix project in eastern guatemala is a substantial brownfield nickel laterite mine and process plant that has been on care and maintenance since 1980 . 14 hudbay minerals and two of its subsidiaries are subject to an ongoing 12 million lawsuit in canada over the killing of a prominent mayan community leader at the fenix mining project . 15 16 the lawsuit alleges that on september 27 2009 security personnel employed at the fenix mine surrounded beat and hacked at adolfo ich cham n with machetes before shooting him in the head at close range in an unprovoked attack . 17 an arrest warrant was issued for the head of security at the fenix mine mynor ronaldo padilla gonz les . 18 a non governmental organization has referred to the murder as the targeted killing of a well known community leader . 15 amnesty international has stated with respect to the murder allegation t he allegations are very serious and amnesty international calls for a swift full and impartial investigation into the death of adolfo ich cham n and other incidents of violence to make the results public and to bring those responsible to justice . 19 hudbay states that it and cgn have cooperated fully with all investigations conducted by guatemalan authorities in connection with the incidents which occurred on september 27 2009 in el estor . cgn carried out an internal investigation and determined that none of its employees or security personnel were involved in the death of cham n. 20 21 in june 2013 the ontario superior court of justice ruled that the canadian company could be held legally responsible for crimes committed in guatemala including the alleged murder of adolfo ich cham n and the alleged sexual assault of 11 women from lote ocho . a jury notice was filed in december 2013 . 22 the fenix mining project is also subject to ongoing land claims by local mayan communities . in 2006 the international labour organization an agency of the united nations ruled that guatemala had breached international law by granting the fenix mining concession without first consulting with local mayan people . the ilo released a report discussing the violation in 2007 . 23 in late 2006 and early 2007 skye resources acquired by hudbay minerals in 2008 renamed hmi nickel and subsequently sold by hudbay in 2011 sought forced evictions of mayan communities located on contested mine land . homes were burned to the ground during these evictions . 24 25 references edit the hudson bay mining and smelting company limited company history . fundinguniverse.com . retrieved 2011 04 21 . rocha euan april 10 2012 . hudbay minerals eyes long term growth in peru . the globe and mail . a b mochoruk jim january 1 2004 . formidable heritage manitobas north and the cost of development 1870 to 1930 . canada university of manitoba press . isbn 0 88755 676 0 . retrieved december 31 2013 . hudbay minerals inc. 2004 annual report hill liezel october 8 2008 . hudbay names michael winship new president and coo . mining weekly . pan american resources inc. 1996 annual report ontzinc corporation schedule c filing december 20 2002 ontzinc corporation december 23 2004 news release hudbay minerals inc. hudbay minerals completes business combination with skye resources ; announces new director and chief financial officer . investor.shareholder.com . retrieved 2011 04 21 . hudbay minerals announces completion of sale of fenix project and key management appointments . investor.shareholder.com . retrieved 2011 09 09 . french cameron november 21 2008 . hudbay agrees to buy lundin mining shares plunge . reuters . hill liezel february 24 2009 . hudbay lundin walk away from merger . mining weekly . base metal mining hudbay to restart chisel north mine and snow lake mill . canada mining journal . november 8 2009 . hudbay minerals inc . hudbayminerals.com . 2007 09 15 . retrieved 2011 04 21 . a b widow files 12m suit against mining company world cbc news . cbc.ca . 2010 12 02 . retrieved 2011 04 21 . lynch laura november 30 2012 . guatemalan peasants sue canadian mining company hudbay . the world . public radio international . retrieved december 1 2012 . http www.chocversushudbay.com wp content uploads 2010 11 fresh as amended statement of claim filed.pdf mining weekly guatemalan widow s lawsuit against hudbay could be precedent setting media centre index . amnesty.ca . retrieved 2011 04 21 . hudbay minerals web site statement of events of september 27 2009 el estor guatemala hudbay minerals web site correcting w5 report lazenby henry december 12 2013 . guatemalan plaintiffs file jury notice against hudbay minerals in ontario . mining weekly . ilolex english display cgi . ilo.org . retrieved 2011 04 21 . violent evictions at el estor guatemala . youtube . 2007 01 17 . retrieved 2011 04 21 . evictions at el estor . rights action . retrieved 2011 04 21 . http intercontinentalcry.org lawsuits against hudbay minerals will continue despite sale of fenix project external links edit official website company profile on sedar choc v. hudbay minerals inc. & caal v. hudbay minerals inc. lawsuits against canadian company hudbay minerals inc. over human rights abuse in guatemala website of compa a guatemalteca de niquel retrieved from https en.wikipedia.org w index.php title hudbay minerals & oldid 743517993 categories mining companies of canadacopper mining companies of canadanickel mining companies of canadasmeltingcompanies based in torontonon renewable resource companies established in 19271927 establishments in ontarionon renewable resource companies established in 19961996 establishments in ontariocopper mining companies of the united statescompanies listed on the new york stock exchangecompanies listed on the toronto stock exchanges & p tsx composite indexhidden categories articles needing additional references from february 2009all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate 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