Wheaton’s vision and mandate seeks to benefit all stakeholders – our shareholders, partners and neighbours

Our Vision

To be the world's premier precious metals investment vehicle

Operating
mines

18

Forecasted production growth 
by 2028

40%*

Development
projects & Other

29

Our mandate

To deliver value through streaming to all our stakeholders

To our shareholders

by delivering low risk, high quality, diversified exposure and growth optionality to precious metals

To our partners

by crystallizing the value of precious metals yet to be produced

To our neighbours

by promoting responsible mining practices and supporting the communities in which we live and operate

The Wheaton Advantage

We operate with a clear purpose to create value for all of our stakeholders through sustainable and responsible business practices, and to provide our shareholders with exposure to low-risk precious metals production through:

  • High-quality portfolio of low-cost, long-life assets
  • Significant organic growth opportunities and optionality
  • Significant expansion and exploration potential
  • Predictable costs with limited inflation exposure
  • Leverage to commodity prices
  • Progressive dividend policy
  • Commitment to sustainability
Strategy
Our Values Icon

High-Quality, Long Life

93%

of production from assets in the lowest half of the cost curve

28 years

of mine life based on Proven and Probable reserves

Our Values Icon Two

Significant Organic Growth

40%*

estimated organic growth over next five years from key assets including Salobo, Antamina & multiple new Development Projects

Our Values Icon Three

Lean and Diverse Organizational Structure

43

total number of employees globally, responsible for stewarding capital allocation and creating value for all stakeholders, with over 40% gender diversity at the board level

Our Values Icon Four

Strong Balance Sheet

$694M

Cash & cash equivalents at September 30, 2024

$2B

available credit under fully undrawn revolving term loan

Our Values Icon Five

Strong Corporate Development Momentum

8

new investments into assets in 2023

>$1B

committed in total upfront payments in 2023

Our Values Icon Six

Sector-Leading Sustainability Ratings

One of the

Top Rated

by Sustainalytics for Precious Metals

AA

by MSCI ESG Research

Our Business Model

Mine

Streaming provides investors with the upside of traditional mining companies without many of the risks associated with mining activities.

Learn more

How Streaming Works


In the streaming model, Wheaton purchases a percentage of the metals produced by a mine, for an upfront payment plus an additional payment when the metal is delivered.

Learn more
[*] Statements made in this section contain forward-looking information. Please see “Cautionary Note Regarding Forward-Looking Statements” for material risks, assumptions and important disclosure associated with this information. Not included in Wheaton’s long-term forecast and instead classified as ‘optionality’, includes potential future production from Pascua Lama, Navidad, Cotabambas, Metates and additional potential expansions at Salobo outside of the Salobo III mine expansion project.