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An employee unloads copper at a factory in Nantong, Jiangsu province, June 18, 2011.
An employee unloads copper at a factory in Nantong, Jiangsu province, June 18, 2011.
(China Daily/Reuters)

Silver Wheaton CEO 'surprised' at lack of rival bids for Augusta

The chief executive of one of Augusta Resource Corp.’s partners said he was surprised that the company had not yet found an alternative to HudBay Minerals Inc.’s hostile bid.

Augusta has been courting potential suitors since HudBay made an offer in early February to buy the company for its large Rosemont copper project in Arizona.