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Augusta Resource's Rosemont Copper project, located in Arizona.
Augusta Resource's Rosemont Copper project, located in Arizona.
(Augusta Resource)

Augusta CEO says another suitor interested in Rosemont copper project

Trying to block a hostile bid from HudBay Minerals Inc., Augusta Resource Corp.’s chief executive officer said another suitor has expressed interest in his company’s large copper project in Arizona.

Vancouver-based Augusta said there are now 11 interested parties, including mining companies and financial entities that have signed confidentiality agreements, up from nine in March.