Rio2 Announces Financing Package to Fund the Fenix Gold Project, by @GlobeNewswire

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has arranged a mine construction financing package expected to total approximately US$150 million for construction and general working capital of the Company’s 100%-owned Fenix Gold Project in Chile (“Fenix Gold” or the “Project”).

This funding package marks a significant de-risking milestone for Fenix Gold, and with all key sectorial permits for construction now in hand, Rio2 is positioned to fully execute the development, ramp-up and operation of the Fenix Gold mine.

The total financing package is comprised of the following:

• US$120 million financing package (the “Wheaton Financing”) with Wheaton Precious Metals International Ltd. (“Wheaton”);
• Overnight marketed public offering of common shares of the Company (“Common Shares”) to raise gross proceeds of up to C$40 million led by Raymond James Ltd. and Eight Capital (the “Public Offering”); and
• Non-brokered private placement of Common Shares to Wheaton for proceeds of C$5 million (the “Wheaton Private Placement”).

Alex Black, Executive Chairman of Rio2, commented: “This financing package is the result of a competitive and comprehensive process undertaken by the Company, with the assistance of Endeavour Financial as its advisor, to secure the optimal financing solution for the construction of our Fenix Gold mine. Wheaton’s expanding commitment to us validates the quality of our Fenix project, and their continued backing as a cornerstone financial partner, in addition to the support of our shareholders, has put Rio2 in a position of certainty to fund Fenix to production. We are highly excited to advance construction in a responsible manner, build the next gold mine in Chile, and generate material value for all Rio2 stakeholders.”

Randy Smallwood, President and CEO of Wheaton, commented: “We are excited to continue our support of Rio2 and Fenix with this project financing package. Fenix is a highly attractive, scalable gold project located in a well-known mining jurisdiction. Alex and his team have a strong track-record of success building and operating world-class mining operations in South America, and our continued investment in Rio2 and Fenix represents our confidence in the team and the Project”.

Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Montage Gold's Koné Gold Project, by @newswire

VANCOUVER, BC, Oct. 23, 2024 /CNW/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that…

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Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. ("WPMI") has entered into a definitive Precious Metals Purchase Agreement (the "Gold Stream") with Montage Gold Corp. ("Montage") in respect to its Koné Gold Project located in Côte d'Ivoire (the "Project" or "Koné").

"With essential permits in place coupled with its impressive scale, we believe the Koné Project stands out as one of the premier gold assets in Africa, and we are excited to partner with Montage to deliver a full financing package for its development," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "Supported by strong shareholder backing from the Lundin Group and Zijin Mining, the Koné Project is expected to significantly boost Wheaton's near-term annual gold production and further strengthen our peer-leading growth trajectory. We look forward to collaborating with Montage's outstanding team, whose extensive experience in West Africa has driven remarkable progress in de-risking the project and advancing it towards construction."

Wheaton Precious Metals Announces Third Quarter 2024 Results and Record Quarterly Operating Cash Flow, by @newswire

Designated News Release THIRD QUARTER FINANCIAL RESULTS

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Solid Financial Results and Strong Balance Sheet

• Third quarter of 2024: $308 million in revenue, $254 million in operating cash flow, $155 million in net earnings and $153 million in adjusted net earnings¹, and declared a quarterly dividend¹ of $0.155 per common share.
• Balance Sheet: cash balance of $694 million, no debt, and an undrawn $2 billion revolving credit facility as at September 30, 2024 after making total upfront cash payments of $30 million relative to mineral stream and royalty interests in the quarter.

High Quality Asset Base

• Streaming and royalty agreements on 18 operating mines and 28 development projects⁵, including the addition of the Koné project announced subsequent to the quarter.
• 93% of attributable production from assets in the lowest half of their respective cost curves^2,4.
• Attributable gold equivalent production³ ("GEOs") of 144,200 ounces in the third quarter of 2024 and 448,400 for the first nine months of 2024, with quarterly production consistent with the comparable period of the prior year, as lower production from Salobo and Constancia was largely offset by higher production from Peñasquito.
• Average annual forecast production guidance for 2024 of 550,000 to 620,000 GEOs³ maintained, with forecasted sector-leading growth to over 800,000 GEOs³ by 2028, and average annual forecast attributable production growing to over 850,000 GEOs³ in years 2029 to 2033.
• Further de-risked forecast growth profile as construction activities advanced at the Blackwater, Goose, Platreef, and Mineral Park projects, all of which are expected to be producing within the next 12 months.
• Subsequent to the quarter, the Company announced two accretive precious metals streaming agreements:
  • On October 23, 2024, the Company entered into a precious metals purchase agreement ("PMPA") with Montage Gold Corp. in respect to the Koné Gold Project located in Côte d'Ivoire.
  • On October 21, 2024, the Company amended the Fenix PMPA, increasing the amount of attributable gold it is entitled to under the contract.

  
  

Transaction Key Terms

(All values in US$ unless otherwise noted)

• Gold Stream Upfront Consideration: WPMI will pay Allied total upfront cash consideration of US$175 million (the "Deposit") in four equal installment payments during construction, subject to certain customary conditions.
• Streamed Metal: WPMI will purchase 6.7% of the payable gold until a total of 220 thousand ounces ("Koz") of gold has been delivered, at which point WPMI will purchase 4.8% of the payable gold for the life of mine. During any period in which debt exceeding US$150 million ranks ahead of the Gold Stream, the stream percentage increases to 7.15% and decreases to 5.25% once the drop-down threshold is reached. Payable gold is calculated using a fixed payable factor of 99.95%.
• Production Profile¹: Attributable Gold Stream production is forecast to average over 16 Koz of gold per year for the first ten years of production. The Project is forecast to have an 11-year mine life based on reserves alone with additional upside from resources and significant exploration potential. First production is anticipated in mid-2026.
• Production Payments: WPMI will make ongoing payments for the gold ounces delivered equal to 15% of the spot price of gold
• Incremental Reserves and Resources¹: The addition of the Kurmuk Project will increase Wheaton's total estimated Proven and Probable Mineral gold reserves by 0.18 million ounces ("Moz"), Measured and Indicated Mineral gold resources by 0.03 Moz and Inferred gold resources by 0.02 Moz.

Wheaton Precious Metals Exceeds 2024 Production Guidance and Provides 2025 and Long-Term Outlook, Projecting 40% Growth in the Next Five Years

VANCOUVER, BC, Feb. 18, 2025 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to report 2024 actual production of over 633,000 gold equivalent ounces² ("GEOs"), exceeding the upper end of the 2024 production guidance range of 620,000 GEOs². The Company also provides 2025 production guidance of 600,000 to 670,000 GEOs³ and forecasts growth of approximately 40% to 870,000 GEOs³ by 2029. Wheaton will provide full production and financial details with the release of its 2024 fourth quarter and full year results on Thursday, March 13, 2025, after market close.

Die Quartalsdividende wird von 0,155 auf 0,165 USD angehoben (also um 6,5%).

Mar 13, 2025 - DIVIDEND DECLARATION - Wheaton Precious Metals Announces Increase to Quarterly Dividend

saludos

Zitat von Edel Man

Wheaton Precious Metals: Ein Superstar im Royalty-Bereich

Grüsse

Edel

Hallo Edel Man

mit Silver Wheaton oder jetzt Wheaton Precious hätte man egal zu welcher Zeit nicht viel falsch machen können. Interessant für mich, hab gerade über den Goldchart den Chart von WPM gelegt.

Der Chartverlauf ist nahezu ident. Ergo wäre die Aktie der Hebel auf steigendes Gold gewesen.

(Bei deinen hoch geladenen Bild kann man das aufgrund der Skalierung nicht richtig erkennen. Hab mal einen Screenshot hinzugefügt.)

Interessant deswegen, da es ja eigentlich dem "kleinen Bruder" Silber zugehörig sein sollte.

Weiterer Fun-Fact. Da WPM ja einen Abspaltung von Goldcorp war, hatten diese bis Dez. 2006 noch 48% der Aktien gehalten. Goldcorp ist dann ja bekanntlich 2019 mit Newmont fusioniert.

Würde der WPM Anteil noch bestehen, wären das mit heute ca. 15 Mrd. EUR. Marktwert NEM 51 Mrd. EUR.

Zitat von Edel Man

Hallo BGInvestor , Alle

WPM und auch FNV und andere bilden den Beweis, daß ausgesuchte PM Aktien auch Gold längerfristig schlagen können.

Hab mal SLV für Silber und FNV über den gleichen Zeitraum mit GLD verglichen: FNV ist trotz Panama Ausfalls auch Super Star.

Ja, WPM und FNV mit Hebel vs Gold und Silber -- aber auch in beide Richtungen...

Grüsse

Edel

Alles anzeigen

Noch schöner ist der Vergleich über etwa 20Jahre (Entspricht fast der STEUERFREIEN Haltedauer).

Und sollte sich das Gold:Silber Verhältnis wieder von 1:100 hin zu 1:50 bewegen, dann ist noch Luft nach oben!

"Wheaton delivered a strong start to 2025, with our core assets exceeding production expectations and driving record quarterly revenue, adjusted net earnings, and operating cash flow. In times of economic uncertainty, gold is viewed as a reliable store of value, and these results demonstrate why we believe Wheaton offers one of the best low-risk opportunities for investors seeking exposure to precious metals," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "Looking ahead, 2025 is shaping up to be a catalyst-rich year, with four development projects scheduled to come online over the course of the year. Notably, Artemis Gold announced commercial production at the Blackwater Mine on May 2, an exciting milestone at an asset which is expected to contribute meaningfully to Wheaton's portfolio going forward. With the solid foundation of our currently producing asset base, coupled with our industry leading growth profile, we believe we are uniquely positioned to continue pursuing accretive growth and delivering long-term value creation to all of our stakeholders."

Record Financial Performance and Strong Balance Sheet

• First quarter of 2025: A record $470 million in revenue, $254 million in net earnings, and $361 million in operating cash flow.
• Declared a quarterly dividend¹ of $0.165 per common share.
• Balance Sheet: Cash balance of $1.1 billion, no debt, and an undrawn $2 billion revolving credit facility as at March 31, 2025.

High Quality Asset Base

• Streaming and royalty agreements on 18 operating mines and 28 development projects and other⁵.
• 83% of attributable production from assets in the lowest half of their respective cost curves^2,4.
• Attributable gold equivalent production³ ("GEOs") of 151,000 ounces in the first quarter of 2025. While quarterly production decreased 4% relative to the comparable period of the prior year as a result of planned lower production from Constancia and Peñasquito, it still surpassed expectations, driven primarily by strong quarterly production achieved at Salobo.
• Further de-risked forecast growth profile as construction activities advanced at a number of development projects including Goose, Platreef, and Mineral Park, all of which are currently expected to be producing by the end of 2025.
• On March 7, 2025, the Company amended the Blackwater Silver PMPA with Artemis Gold Inc. ("Artemis") by simplifying the payable silver calculation, which is expected to accelerate the receipt of payable silver ounces by Wheaton.
• Subsequent to the quarter, on May 2, 2025, Artemis announced that it had achieved commercial production at the Blackwater mine, with mining delivering in excess of 90% of its planned tonnage, and mined tonnes and grades reconciling favourably to the resource model.

Rio2 Announces Receipt of US$50 Million from Wheaton Precious Metals

Rio2 Announces Receipt of US$50 Million from Wheaton Precious Metals, by @GlobeNewswire

VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF;…

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Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that, further to its news releases dated November 16, 2021, March 29, 2022, October 21, 2024, and March 24, 2025, it has received a third deposit payment of US$50,000,000 (the “Third Deposit”) from Wheaton Precious Metals International Ltd. (“WPMI”) in connection with the previously announced amended and restated precious metals purchase agreement and flexible pre-pay arrangement relating to Rio2’s Fenix Gold Project in Chile (“Fenix Gold”). The Third Deposit will be used by Rio2 to continue to advance construction at Fenix Gold.

Wheaton Precious Metals: EPS übertrifft Schätzungen um 0,07 $ - Umsatz besser als erwartet

Wheaton Precious Metals (NYSE: WPM) hat im zweiten Quartal ein EPS von 0,63$ gemeldet, 0,07 $ mehr als die Analystenschätzung von 0,56$.

Der Umsatz für das abgelaufene Vierteljahr belief sich auf 503M$, die durchschnittlichen Schätzungen hatten sich auf 438,31M$ belaufen.

Quelle