Glencore to end silver streaming deal with Wheaton on Peru mine
Mining News Pro - Wheaton Precious Metals agreed to end its so-called silver “streaming” deal with Glencore Plc on Peru’s Yauliyacu mine for $150 million, the Canadian company said on Thursday, so that Glencore could divest the mine.
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Sabina raises $520 million for Goose mine, including gold stream deal with Wheaton
Mining News Pro - Sabina Gold & Silver (TSX: SBB) announced Tuesday that it has completed final documentation with Orion Mine Finance and Wheaton Precious Metals for a financing package totaling approximately $520 million.
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Wheaton offers $140m for Artemis’ Blackwater mine silver stream
Mining News Pro - Artemis Gold says it has received an offer of C$176 million ($140m) from Wheaton Precious Metals for the silver stream from Artemis’ Blackwater gold project 150 km southwest of Prince George, British Columbia.
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Wheaton Precious Metals revenue hits record
Mining News Pro - Streaming company Wheaton Precious Metals has posted record revenue and cash flow of $655-million and $449-million, respectively, for the first half of 2021, resulting in an increase to its dividend.
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Wheaton enjoys record 2020 revenue of $1.1bn, shares up
Mining News Pro - Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million oz. silver, and 22,187 oz. palladium.
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Wheaton Precious Metals hikes dividend
Mining News Pro - Despite the Covid-19 pandemic, metals streaming company Wheaton Precious Metals had a productive 2020, delivering value back to its stakeholders, president and CEO Randy Smallwood reported on Thursday, announcing record yearly revenue and operating cash flow.
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Wheaton Precious Metals’ silver linings playbook
Mining News Pro - Earlier this year, Wheaton Precious Metals had a bigger market cap than Telus, which is typically British Columbia’s largest or second-largest publicly traded company.
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Wheaton pays $150m for 50% of Cozamin mine’s silver
Mining News Pro - Wheaton Precious Metals and Capstone Mining have struck a deal whereby the streaming company will pay $150 million for a share of the silver output from Capstone’s Cozamin copper mine in Zacatecas state, Mexico. In 2019 the mine produced 35.84 million lbs. copper, 1.16 million oz. silver, and 18.46 million lbs. zinc.
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Wheaton Precious Metals to trade in London
Mining News Pro - Canada’s Wheaton Precious Metals, one of the world’s largest gold and silver streaming companies, said on Friday it had been approved by the UK financial regulator to list on the London Stock Exchange (LSE), one of the world’s oldest.
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Precious metals streaming firm Wheaton plans London listing
Mining News Pro - Streaming firm Wheaton Precious Metals said on Sunday it is planning a UK listing by year-end, potentially the largest metals and mining company to join the London Stock Exchange since Glencore in 2011.
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Wheaton`s Smallwood becomes WGC chair
Mining News Pro - The World Gold Council (WGC) has appointed streaming company Wheaton Precious Metals president and CEO Randy Smallwood as its new chairperson.
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Miners may raise $3 billion in streaming deals, Wheaton CEO says
Mining News Pro - Mining companies may raise as much as $3 billion by selling a share of future output in so-called streaming deals, according to the head of Wheaton Precious Metals Corp.
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Caldas Gold, Wheaton reach $110 million Marmato deal
Mining News Pro - Caldas Gold announced on Monday a $110 million streaming transaction with Wheaton Precious Metals (NYSE: WPM) to expand operations at the Marmato project in Colombia.
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Wheaton hikes dividend on record gold output
Mining News Pro - Wheaton Precious Metals has declared its first quarterly cash dividend payment for 2020 of $0.10 per common share, an 11% increase relative to the prior period, owing to strong operating results last year.
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PRECIOUS METALS: San Dimas sale pushes Wheaton Q2 earnings to $318M
Mining News Pro - Wheaton Precious Metals reports that it had net earnings of $318 million (all U.S. dollars) in Q2 2018, including the $246 million gain on the sale of the San Dimas silver stream. The company reported record gold production from Salobo in Brazil and generated over $260 million in cash flow.
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