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In Good Transaction Royalty Company Acquires Gold Stream at Chile Project

Research Report Streetwise Reports  (4/1/21) A CIBC report discusses Wheaton Precious Metal s acquisition of a gold stream at Santo Domingo. In a March 25 research note, CIBC analyst Cosmos Chiu reported that Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) agreed to purchase from Capstone Mining a gold stream on future production from its Santo Domingo copper-iron-gold project in Chile for $290 million. This is a good transaction for Wheaton Precious Metals, furthering the relationship with a known partner in Capstone Mining at an asset that is projected to be first quartile in terms of production costs, Chiu wrote. He explained that with the stream, Wheaton Precious Metals will get 100% of the payable gold production from Santo Domingo up to 285,000 ounces (285 Koz). After that, the company s percentage drops to and remains at 67% for the remainder of the mine s life. Wheaton Precious will make ongoing payments equal to 18% of the spot gold price until the value

Investegate |Wheaton Precious Met Announcements | Wheaton Precious Met: Director/PDMR Shareholding

Investegate |Wheaton Precious Met Announcements | Wheaton Precious Met: Director/PDMR Shareholding
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Outlook Improving for Gold & Resource Companies

Outlook Improving for Gold & Resource Companies
streetwisereports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetwisereports.com Daily Mail and Mail on Sunday newspapers.

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