Gold & Silver Opportunity: Wheaton Precious Metals

Wheaton Precious Metals Corp

Ticker Symbol: NYSE / TSX: WPM

Metals: Gold, Silver

Category: Royalty & Streaming

Project Location: Global

Company Website: https://www.wheatonpm.com/Home/default.aspx

Company Profile

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 20 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.

Randy Smallwood, President & CEO of Wheaton Precious Metals

Randy Smallwood holds a geological engineering degree from the University of British Columbia and is one of the founding members of Wheaton Precious Metals. In 2007, he joined Wheaton full time as EVP of Corporate Development, primarily focusing on growing the company through the evaluation and acquisition of streaming opportunities. In January 2010, he was appointed President, and in April 2011, he was appointed Wheaton’s CEO. Mr. Smallwood originally started as an exploration geologist with Wheaton River Minerals Ltd., and in 2001, was promoted to Director of Project Development, a role he held through the 2005 merger with Goldcorp. Mr. Smallwood was an instrumental part of the team that built Wheaton River/Goldcorp into one of the largest and, more importantly, most profitable gold companies in the world. He is now focused on continuing to add to the impressive growth profile of Wheaton Precious Metals.

Stock Chart

NYSE: WPM

TSX: WPM