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TORONTO (miningweekly.com) – A precious-metals streaming deal with Silver Wheaton will cover about a quarter of the cost to build Augusta Resource's Rosemont copper project, in Arizona, and the company expects to have the balance of the capital tied up by around the end of the third quarter, CEO Gil Clausen said on Thursday.

At stake is a copper-molybdenum-silver mine which when built will be the third largest copper operation in the US and supply 10% of the country's red metal.