Description

Wheaton Precious Metals Corp., headquartered in Vancouver, British Columbia, is a company dedicated to the sale of precious metals, specifically silver and gold, alongside cobalt production. With a team of 39 full-time employees, the firm operates through a unique streaming model, entering into long-term purchase agreements to acquire a portion of the silver and gold output from various mining operations. This approach allows them to focus on sales without direct mining activities. Its business is structured into eight primary segments: silver from the San Dimas, Penasquito, and Antamina mines; gold from the Sudbury and Salobo mines; both silver and gold from the Constancia and other miscellaneous mines; and corporate functions. Notably, the San Dimas gold-silver deposit is situated in the San Dimas district, spanning the Durango and Sinaloa states. The company also holds significant interests in a diverse portfolio of mines, including Los Filos, Zinkgruvan, Stratoni, Keno Hill silver, Cozamin, Aljustrel, 777, and Constancia.