Conyers advises HudBay Minerals on sale of Fenix Project – September 2011

Cora S. Miller, Kristian Wilson • Posted 09/09/2011 • Under Deals & Cases

Conyers advised HudBay Minerals INC on the sale of its Fenix ferro-nickel project in Guatemala to the Solway Group for an aggregate purchase price of $170 million, on September 9, 2011.

Cora Miller and Kristian Wilson of Conyers BVI office provided BVI advice to HudBay. Goodmans LLP, Thorsteinssons LLP, A.D. Sosa & Soto and Loyens & Loeff N.V. also advised HudBay.

HudBay Minerals Inc. is a Canadian integrated mining company with assets in North and South America principally focused on the discovery, production and marketing of base and precious metals. HudBay Minerals Inc is listed on the TSX and the NYSE.

Solway Investment Group is a private equity investor which holds interests in a number of diversified companies with core activities in mining, non-ferrous metals, chemicals, the cement industry and real estate.