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By Divya Rajagopal
TORONTO, May 2 (Reuters) - The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines.
Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies.
BHP offered to buy Anglo last week...
>>> Read more: Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
TORONTO, May 2 (Reuters) - The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines.
Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies.
BHP offered to buy Anglo last week...
>>> Read more: Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
