Wheaton Precious Metals
Suite 3500 - 1021 West Hastings St., Vancouver, British Columbia, Canada | Rare Earth
Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 19 operating mines and 9 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and silver streams on Glencore's Antamina mine and Newmont Goldcorp's Peñasquito mine.
Vision
To be the world’s premier precious metals investment vehicle.
Mandate
To deliver value through streaming to all of our stakeholders:
- to our Shareholders, by delivering low risk, high quality, diversified exposure and growth optionality to precious metals;
- to our Partners, by crystallizing value for precious metals yet to be produced; and
- to our Neighbours, by promoting responsible mining practices and supporting the communities in which we live and operate.
Unique Business Model
Our unique business model creates significant shareholder value by providing:
- Leverage to increases in the price of precious metals;
- Additional growth through the acquisition of new streams;
- A dividend yield, which has the potential to grow over time; and,
- Participation in the exploration and expansion success of the mines underlying our current agreements.
Wheaton offers these benefits while at the same time reduces many of the downside risks faced by traditional mining companies. In particular, Wheaton offers its investors both capital and operating cost predictability. Other than its initial upfront payment, Wheaton typically has no ongoing capital or exploration costs.
The Company has an experienced management team with a strong track record of success and is well positioned for further growth.
Company Details | |
---|---|
Company Name | Wheaton Precious Metals |
Business Category | Rare Earth |
Address | Suite 3500 - 1021 West Hastings St. Vancouver British Columbia Canada ZIP: V6E 0C3 |
President | NA |
Year Established | 2004 |
Employees | NA |
Memberships | NA |
Hours of Operation | Mon - Fri : 08:00 Am - 04:30 Pm Sat - Sun : Closed |
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