Why is Wheaton the better precious metals investment?

Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments. Wheaton creates sustainable value through streaming.

The Company currently has streaming agreements for 18 operating mines and 26 development stage projects. Its 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's Peñasquito mine. Learn more about how streaming works and our portfolio here.

Lower Risks

High Upside

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HIGH QUALITY ASSETS

Ninety percent of Wheaton’s current production comes from mines operating in the lowest half of their cost curve

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COMMODITY PRICE LEVERAGE

Investors get leverage to the underlying commodities as delivery payments per ounce are pre-determined and made upon delivery

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PREDICTABLE COSTS

Contractually defined cost per ounce typically protects streamers from inflationary cost pressures

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EXPLORATION UPSIDE

Receives the benefit from mine exploration and expansion activities typically at no additional cost

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INNOVATIVE DIVIDEND

Dividend policy provides shareholders a minimum floor payment while giving direct exposure to Wheaton’s growth and commodity prices*

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OPTIONALITY

Development projects not included in guidance have the potential of adding >200,000 GEOs per year**

*The declaration and payment of dividends remains at the discretion of the Board and will depend on the Company's cash requirements, future prospects and other factors deemed relevant by the Board.
** 'Optionality' references production from development projects not included in Guidance; Pascua Lama, Navidad, Cotabambas and additional Salobo expansion outside of project currently in construction.

Lower risks

highest quality icon

HIGH QUALITY ASSETS

Ninety percent of Wheaton’s current production comes from mines operating in the lowest half of their cost curve

predictable cost icon

PREDICTABLE COSTS

Contractually defined cost per ounce typically protects streamers from inflationary cost pressures

sustenable divident icon

INNOVATIVE DIVIDEND

Dividend policy provides shareholders a minimum floor payment while giving direct exposure to Wheaton’s growth and commodity prices*

High upside

commodity price icon

COMMODITY PRICE LEVERAGE

Investors get leverage to the underlying commodities as delivery payments per ounce are pre-determined and made upon delivery

exploration upside icon

EXPLORATION UPSIDE

Receives the benefit from mine exploration and expansion activities typically at no additional cost

atractive valution icon

OPTIONALITY

Development projects not included in guidance have the potential of adding >200,000 GEOs per year**

*The declaration and payment of dividends remains at the discretion of the Board and will depend on the Company's cash requirements, future prospects and other factors deemed relevant by the Board.
** 'Optionality' references production from development projects not included in Guidance; Pascua Lama, Navidad, Cotabambas and additional Salobo expansion outside of project currently in construction.

Corporate Social Responsibility

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Social and Environmental Sustainability

We believe that long-term value can only be achieved through sustainable business practices from an economic, social and environmental perspective.

Learn more

InvestorContact

Emma Murray

Vice President, Investor Relations

Jacy Zerb

Director, Investor Relations