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Hudbay Minerals receives $125M deposit payment from Silver Wheaton

HudBay Minerals has received a deposit payment of $125M from Silver Wheaton Corp. pursuant to the previously announced $750M precious metals stream transaction. Hudbay received the initial $500M deposit payment in September 2012 and will receive the final $125M deposit payment once it has incurred and paid $1B in capital expenditures at its Constancia project in Peru.