Wheaton Precious Metals / WPM (TSX, NYSE)

    "Wheaton's estimated attributable production in 2022 is forecast to be 350,000 to 380,000 ounces of gold, 23.0 to 25.0 million ounces of silver, and 44,000 to 48,000 GEOs2 of other metals, resulting in production of approximately 700,000 to 760,000 GEOs2, unchanged from previous guidance. For the five-year period ending in 2026, the Company estimates that average production will amount to 850,000 GEOs2, while for the ten-year period ending in 2031, the Company estimates that average annual production will amount to 910,000 GEOs2, also unchanged from previous guidance."



    WHEATON PRECIOUS METALS DECLARES QUARTERLY DIVIDEND

    https://www.prnewswire.com/new…y-dividend-301541309.html
    Second Quarterly Dividend
    The second quarterly cash dividend for 2022 of US$0.15 will be paid to holders of record of Wheaton common shares as of the close of business on May 20, 2022 and will be distributed on or about June 3, 2022. The ex-dividend trading date is May 19, 2022.

    WHEATON PRECIOUS METALS ENTERS INTO AGREEMENT TO TERMINATE ITS EXISTING SILVER STREAM IN THE KENO HILL SILVER DISTRICT
    https://www.prnewswire.com/new…r-district-301580460.html
    VANCOUVER, BC, July 5, 2022 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is announcing that it has entered into a definitive agreement with Hecla Mining Company ("Hecla") (NYSE: HL) to terminate its silver stream on Alexco Resource Corp.'s ("Alexco") (NYSE American: AXU) (TSX: AXU) Keno Hill Silver District ("Keno Hill") in the Yukon, Canada for US$135 million.
    "The termination of the Keno Hill stream further demonstrates our ability to strategically identify opportunities both inside and outside of our portfolio that create value for our shareholders and positions Wheaton to continue to have one of the strongest balance sheets in the industry. While we firmly believe that Keno Hill is a high-quality district with significant exploration potential, given recent announcements, the ability to obtain an immediate return on the termination of the stream was too compelling to ignore," said Randy Smallwood, Wheaton's President and Chief Executive Officer. "We believe Hecla is well positioned to effectively mine Keno Hill and maximize its full potential."
    On July 5, 2022, Hecla announced its intention to acquire Alexco through a definitive arrangement agreement, which remains subject to shareholder and regulatory approvals. The termination of the Keno Hill silver stream is conditional upon Hecla completing its announced proposed acquisition of Alexco together with other customary approvals.
    As consideration for the termination of the Keno Hill silver stream, Hecla will issue to Wheaton $135 million of Hecla common shares. Subsequent to the closing of the termination of the Keno Hill silver stream, Wheaton will own approximately 5.6% of Hecla's issued and outstanding common shares. The exact number of Hecla common shares to be issued will be calculated immediately before the closing date.

    Wheaton Precious Metals Enters Into Agreement To Terminate Its Existing Silver Stream On The Yauliyacu Mine
    https://www.prnewswire.com/new…iyacu-mine-301608913.html
    VANCOUVER, BC, Aug. 18, 2022 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is announcing that it has entered into a definitive agreement with certain subsidiaries of Glencore plc ("Glencore") (LSE: GLEN) to terminate its silver stream on the Yauliyacu Mine in Peru for a cash payment of US$150 million, less the aggregate value of any deliveries to Wheaton of silver produced in 2022 prior to closing. Wheaton has agreed to terminate the stream in order to help facilitate the sale by Glencore of the Yauliyacu Mine.


    "Yauliyacu has been part of Wheaton's portfolio since 2006 and has been integral to the history of our company. Combined with San Dimas and Zinkgruvan, Yauliyacu gave us the scale to grow the streaming business and become the company we are today," said Randy Smallwood, Wheaton's President and Chief Executive Officer. "Consistent with a core principle of working with our partners, Wheaton has agreed to terminate the stream, adding even more financial capacity to explore new opportunities that we believe are in the best interests of our shareholders. Glencore was one of the first mining companies to recognize the value that is created for all stakeholders through the streaming model, and we thank them for their stewardship of this project and look forward to maintaining our strong partnership on existing and potential future developments."


    Wheaton acquired the silver stream on the Yauliyacu Mine in 2006 for an upfront consideration of US$285 million and has subsequently generated over US$485 million in cash flow from the stream. Combined with the termination payment, Wheaton will have generated an absolute return of over 220% of the original investment.

    Wheaton Precious Metals Maintains Strong Cash Operating Margins in the Third Quarter of 2022

    https://www.newswire.ca/news-r…er-of-2022-876941156.html
    VANCOUVER, BC, Nov. 3, 2022 /CNW/ - "At Wheaton, we focus on building a sustainable company that provides investors with profitable, long-term exposure to precious metals. While inflationary pressures have impacted all sectors of the economy, especially mining, Wheaton has maintained cash operating margins of over 75% year to date, highlighting the strength of our streaming business model," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "Despite some recent challenges, we are pleased with the improvements we have seen over the third quarter in our diverse portfolio of high-quality assets, which is forecast to deliver significant organic growth over the next five years and sustained precious metals production for decades to come. We also are very optimistic that we can continue to add accretive new streams to the portfolio given the number of opportunities that we are currently reviewing coupled with one of the strongest balance sheets in the sector."
    Solid Financial Results and Strong Balance Sheet

    • $219 million in revenue and $154 million in operating cash flow in the quarter
    • $197 million in net earnings and $94 million in adjusted net earnings1 in the quarter
    • A cash balance of $495 million and no debt as at September 30, 2022
    • Extended the maturity date of the undrawn US$2 billion revolving credit facility to July 18, 2027
    • Declared a quarterly dividend1 of $0.15 per common share

    High Quality Asset Base

    • Streaming agreements on 21 operating mines and 13 development projects
    • 85% of attributable production from assets in the lowest half of their respective cost curves2
    • 29 years of mine life based on Proven and Probable Mineral Reserves and potential additional mine life from mineral resource conversion and exploration3
    • Average annual production for the ten-year period ending December 31, 2031, is expected to be approximately 850,000 GEOs2,4
    • Completed the previously disclosed termination of the Keno Hill precious metal purchase agreement ("PMPA") for $141 million, resulting in an impairment reversal of $10 million and a gain on disposition of $104 million
    • Announced the proposed termination of the Yauliyacu PMPA for $150 million, less the aggregate value of any deliveries to Wheaton of silver produced in 2022 prior to closin


    WHEATON PRECIOUS METALS DECLARES QUARTERLY DIVIDEND

    https://www.newswire.ca/news-r…y-dividend-881438019.html


    Fourth Quarterly Dividend
    The fourth quarterly cash dividend for 2022 of US$0.15 will be paid to holders of record of Wheaton common shares as of the close of business on November 21, 2022 and will be distributed on or about December 1, 2022. The ex-dividend trading date is November 18, 2022.


    Wheaton Precious Metals Announces 2022 Production and Sales Results and Forecasts Over 30% Long-Term Growth

    https://www.prnewswire.com/new…erm-growth-301752367.html
    VANCOUVER, BC, Feb. 21, 2023 /PRNewswire/ - "Wheaton delivered solid production results at the low end of guidance despite facing a number of headwinds in 2022. In addition, we took steps to optimize our portfolio as part of our responsibility to manage our existing assets and to ensure we are well positioned for a period of prolonged growth," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "Wheaton further diversified its asset base in 2022 by adding four additional streams on development assets, which will contribute to our steady organic growth over the next five years. Given the strong tenure of our reserve and resource base, we are also pleased to continue to present ten-year production guidance highlighting the long-term strength in our portfolio."
    Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") will provide full production and financial details with the release of its 2022 fourth quarter and full year results on Thursday, March 9, 2023, after market close.







    Integra Resources and Millennial Precious Metals Announce Friendly At-Market Merger and Concurrent Equity Financings of C$35 Million With Strategic Investment From Wheaton Precious Metals
    https://ceo.ca/@globenewswire/…-precious-metals-announce
    Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals, commented, “We are pleased to support this transaction between Integra and Millennial and the much-needed consolidation in the industry. We look forward to becoming a meaningful shareholder of the combined entity, which provides Wheaton the opportunity of gaining exposure to high-quality exploration and development assets in one of the top mining jurisdictions in the world.”

    Wheaton Precious Metals Generates Strong Cash Operating Margins in 2022
    https://www.prnewswire.com/new…ns-in-2022-301768352.html
    VANCOUVER, BC, March 9, 2023 /PRNewswire/ - "Wheaton's portfolio of long-life, low-cost assets delivered over $1 billion in revenue and over $740 million in operating cash flow in 2022. This strong financial performance reflects the resiliency of Wheaton's streaming business model, which delivers amongst the highest margins in the precious metals space. Even in the current inflationary environment, Wheaton averaged 75% cash operating margins in 2022," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "In addition, Wheaton took strategic steps forward by optimizing the portfolio, adding four new streams and making sector-leading commitments on the sustainability front. With one of the strongest balance sheets in the industry, we enter 2023 exceptionally well-positioned to deliver long-term shareholder value through the significant organic growth profile already embedded in the portfolio as well as through additional accretive acquisitions."
    Solid Financial Results and Strong Balance Sheet

    • Fourth Quarter of 2022: $236 million in revenue, $172 million in operating cash flow, $166 million in net earnings and $104 million in adjusted net earnings1
    • Full Year of 2022: $1,065 million in revenue, $743 million in operating cash flow, $669 million in net earnings and $505 million in adjusted net earnings1
    • A cash balance of $696 million and no debt as at December 31, 2022
    • Undrawn US$2 billion revolving credit facility with a July 18, 2027 maturity date
    • Declared a quarterly dividend1 of $0.15 per common share

    High Quality Asset Base

    • Streaming agreements on 20 operating mines and 12 development projects
    • 93% of attributable production from assets in the lowest half of their respective cost curves2,3
    • 30 years of mine life based on Proven and Probable Mineral Reserves and potential additional mine life from mineral resource conversion and exploration2,4
    • Attributable gold equivalent production of 148,300 ounces in the Fourth Quarter of 2022 and 638,100 for the Full Year of 2022
    • Average annual production for the ten-year period ending December 31, 2032, is expected to be approximately 850,000 gold equivalent ounces ("GEOs")2,3,5
    • Completed the previously disclosed termination of the Yauliyacu precious metal purchase agreement ("PMPA"), resulting in a $51 million gain on the disposition in the fourth quarter


    Wheaton Precious Metals Declares Quarterly Dividend

    https://www.prnewswire.com/new…y-dividend-301768418.html
    First Quarterly Dividend
    The first quarterly cash dividend for 2023 of US$0.15 will be paid to holders of record of Wheaton common shares as of the close of business on March 24, 2023, and will be distributed on or about April 6, 2023. The ex-dividend trading date is March 23, 2023

    Wheaton Precious Metals Announces Solid Start to 2023
    https://www.prnewswire.com/new…rt-to-2023-301816629.html


    VANCOUVER, BC, May 4, 2023 /PRNewswire/ - "Wheaton's high-quality portfolio of long-life, low-cost assets delivered a solid performance to start the year, resulting in revenue of $214 million and robust cash operating margins," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "First quarter production was ahead of Company expectations, and as we continue to see positive developments at a number of our key assets including Salobo and Constancia, we expect to see significant production growth throughout 2023, culminating in a strong second half of the year. Notably, implicit in our five-year annual average production guidance, is an impressive organic growth profile of over 40%, with two-thirds coming from assets already in operation. In addition, our corporate development team remains exceptionally busy evaluating new opportunities, and as always, Wheaton is focused on ensuring our growth is both accretive and sustainable for all of our stakeholders."
    Solid Financial Results and Strong Balance Sheet

    • First quarter of 2023: $214 million in revenue, $135 million in operating cash flow, $111 million in net earnings and $104 million in adjusted net earnings1
    • A cash balance of $800 million and no debt as at March 31, 2023
    • Undrawn $2 billion revolving credit facility with a July 18, 2027 maturity date
    • Declared a quarterly dividend1 of $0.15 per common share

    The second quarterly cash dividend for 2023 of US$0.15 will be paid to holders of record of Wheaton common shares as of the close of business on May 19, 2023, and will be distributed on or about June 2, 2023. The ex-dividend trading date is May 18, 2023.


    High Quality Asset Base

    • Streaming agreements on 20 operating mines and 12 development projects
    • 93% of attributable production from assets in the lowest half of their respective cost curves2,3
    • 30 years of mine life based on Proven and Probable Mineral Reserves and potential additional mine life from mineral resource conversion and exploration2,4
    • Attributable gold equivalent production3 ("GEOs") of 141,800 ounces in the first quarter of 2023
    • Production from Salobo in the first quarter of 2023 was 43,700 ounces of gold, an increase of over 15% relative to the fourth quarter of 2022, due to steady ramp up of the Salobo III expansion
    • As per Hudbay Minerals Inc. ("Hudbay"), full mining activities at the Constancia mine resumed in the Pampacancha pit in February, with mining of higher-grade ore now expected in the second quarter of 2023, ahead of schedule
    • Average annual production for the five and ten-year periods is expected to be approximately 810,000 and 850,000 GEOs2,3, respectively

    Wheaton Precious Metals Confirm the Retirements of Eduardo Luna and John Brough from the Board of Directors
    https://www.prnewswire.com/new…-directors-301817460.html
    VANCOUVER, BC, May 8, 2023 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces the retirement of Mr. Eduardo Luna as part of the Company's board renewal program and the retirement of Mr. John Brough due to personal health reasons. Both directors intend to retire upon the completion of their terms at the upcoming 2023 annual general and special meeting of shareholders scheduled for May 12, 2023 (the "Meeting").
    Mr. Luna has served on the company's Board of Directors since 2004 and was Chair of the Company from October 2004 to May 2009. Mr. Luna was also Interim Chief Executive Officer of the Company from October 2004 to April 2006.
    Mr. Brough has also served on the company's Board of Directors since 2004, during which time he served as Chair of the Company's Audit Committee as well as serving on other board committees.
    "Since Wheaton's inception, Eduardo and John have played instrumental roles in guiding our transformation into the world's premier precious metals streaming company," said Randy Smallwood, President and Chief Executive Officer of Wheaton. "Eduardo's expertise in Latin America, knowledge of the global economy and vast experience in the mining sector has made him an immensely valued adviser to Wheaton. We also benefitted from John's strong track record of strategic management, his financial acumen, audit expertise and general enthusiasm for continuous professional development. On behalf of the Board and the management team at Wheaton, I would like to thank Eduardo and John for their dedication and support over the last 19 years. Both Eduardo and John will always be a part of Wheaton." [smilie_blume]

    Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Lumina Gold's Cangrejos Project

    https://www.prnewswire.com/new…os-project-301826678.html
    Transaction Details
    (All values in US$ unless otherwise noted)

    • Upfront Consideration: Wheaton International will pay Lumina total upfront cash consideration of $300 million (the "Deposit"), $48 million of which is available pre-construction (the "Early Deposit"). The payment schedule for the Early Deposit and Deposit are as follows:

      • The Early Deposit of $48 million is comprised of four components: 1) $12 million on closing; 2) $10 million 6 months after close; 3) $15 million 12 months after close; and 4) an $11 million tranche that can be drawn upon for committed acquisition of surface rights.
      • The remaining $252 million will be payable in staged equal installments during construction, subject to various customary conditions being satisfied.
    • Streamed Metal: Under the Gold Stream, Wheaton International will purchase 6.6% of the payable gold from the Project until 700,000 ounces ("oz") of gold has been delivered, at which point the stream will be reduced to 4.4% of the payable gold production for the life of the mine.
    • Production Profile1: Attributable production is forecast to average over 24,000 oz of gold per year for the first ten years of production and over 24,500 oz of gold per year for the life of mine.
    • Production Payments: Wheaton International will make ongoing payments for the gold ounces delivered equal to 18% of the spot price of gold ("Production Payment") until the uncredited deposit is reduced to nil and 22.0% of the spot price of gold thereafter.
    • Incremental Reserves and Resources2: The addition of Cangrejos will increase Wheaton's total estimated Proven and Probable gold reserves by 0.76 million ounces ("Moz"), Measured and Indicated gold resources by 0.25 Moz, and Inferred gold resources by 0.16 Moz. In addition, Wheaton believes there is strong exploration potential within the Cangrejos property.
    • Other Considerations:

      • The Gold Stream will include a customary completion test.
      • As part of the transaction, Wheaton has obtained a right of first refusal on any future gold and silver streams.
      • In the event of a change of control, Lumina may purchase one-third of the Gold Stream from Wheaton until the earlier of January 1, 2030, and the date that is 12 months after first production.
      • Lumina and certain of its subsidiaries will provide Wheaton International with corporate guarantees and certain other security over their assets.


    Danke @Sorgenfrei für die Infos. WPM findet immer wieder Projekte, die in Zukunft das Geschäftsmodell tragen.


    Zu Lumina: Quelle


    Lumina Gold Corp. Wirtschaftsprüfer äußert Zweifel an der Unternehmensfortführung


    01.05.2022


    Lumina Gold Corp. hat am 01. Mai 2023 seinen Jahresbericht für den Zeitraum bis zum 31. Dezember 2022 vorgelegt. In diesem Bericht hat der Wirtschaftsprüfer, KPMG LLP - Klynveld Peat Marwick Goerdeler, einen uneingeschränkten Bestätigungsvermerk erteilt und Zweifel an der Fortführung des Unternehmens geäußert.


    Mein Kommentar: KPMG = Keiner Prüft Mehr Genau


    Der Drecksack wusste doch am 01.05. schon, dass es Verhandlungen mit WPM gibt. - Was soll man dann von so einer Aussage halten?
    Ok, die Kohle von WPM wurde dringend gebraucht. Und noch viel mehr davon - zum Vorteil von WPM.


    Es gibt einige große und gute Projekte in Equador. Lumina wird als nächstes ein Investitions Schutzabkommen mit der Regierung verhandeln. WPM hat anscheinend eine positive Meinung zu Equador.
    Ist dort nicht auch LUG zu Hause?


    Ross Beaty ist mit 21% an Lumina beteiligt.



    LG Vatapitta

    Die ganzen Wirtschaftsprüfer/ Raitingagenturen sind keine Göttlichen Institutiionen sondern haben einen Auftrag von irgend jemanden. Meist Regierungen oder Grosskonzernen, denen sie irgendwie zu mehr Macht verhelfen müssen,sonst sind sie selbst davon bedroht ihr einträgliches Geschäft nicht lange fortzuführen. ;)


    P.S.: Staatsschuldenranking usw :tired:

    Artemis Gold Announces Optimized Phase 1 Development of Blackwater Mine and US$40M Additional Funding; Updated Phase 1 Capex Now Fully Funded

    https://www.newswire.ca/news-r…lly-funded-802954245.html


    "In support of these additional investments, the Company has amended the gold stream agreement with Wheaton Precious Metals Corp. ("Wheaton") which will provide an additional US$40 million (C$54million) in funding at a very low cost of capital.


    Steven Dean, Chairman and Chief Executive Officer of Artemis Gold, said "We have been exploring these options internally for some time. This announcement is the logical next step and importantly provides the additional funding to further pursue these optimizations at a low cost of capital with a great partner in Wheaton, without a material dilution of the net asset value per share for shareholders."


    The amendment to the Gold Stream Agreement has been achieved with a simple increase in the number of ounces to be delivered to Wheaton prior to the reduction in Wheaton's stream participation from 8% to 4% (previously expected to occur in 2034 based on the September 2021 Feasibility study schedule), which effectively provides Wheaton with an interest in approximately 92,000 additional gold ounces to be delivered starting in approximately 2034 (subject to certain delivery thresholds being met)."


    Zitat von Sorgenfrei

    ...additional US$40 million [for] an interest in approximately 92,000 additional gold ounces to be delivered starting in approximately 2034 ...


    WPM ist eine der wenigen Royalties, bei deren Deals nach einer Bierdeckel-Rechnung wirklich Geld hängen bleibt. Beispiel nach obiger News:


    $40Mio eingesetzt, um ab 2034 92.000oz zu bekommen.


    Bei angenommener 5%iger Verzinsung sind das 40Mio Investition + 25Mio Opportunitätskosten = 65Mio. Einsatz.


    92.000oz wären bei $1.900/oz rund $175Mio, also eine knappe Verdreifachung des Einsatzes. Respekt.

    WPM berichtete gestern abend Quartalszahlen, nachfolgend aufgestellt im Vergleich zum Vorquartal und Vorjahresquartal.


    Umsatz: $ 265M (214M / 303M)
    NetGewinn: $ 141M (111M / 149M)
    Adj. $ 104M (104M / 149M)
    Cashflow: $ 202M (135M / 206M)
    Produktion: 138.835 GEOs( 141.831 / 165.766)
    Cash/Schulden: $ 829 M / 0 M


    WPM erzielte ein wesentlich besseres Ergebnis als im Vorquartal und kommt beim Gewinn und Cashflow nahe an das Vorjahresquartal heran.
    Eine Produktionssteigerung bei Salobo um 61% machte den Ausfall von Penasquito wett.

Schriftgröße:  A A A A A