Wheaton Precious Metals Corp T.WPM

Alternate Symbol(s): WPM

Metals & Mining Gold

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. It has entered into approximately 38 long-term agreements (30 of which are precious metal purchase agreements (PMPAs), three of which are early deposit PMPAs, and five of which are royalty agreements), with 32 different mining companies, related to precious metals and cobalt relating to 18 mining assets which are operating, 23 which are at various stages of development and four which have been placed into care and maintenance or have been closed, located in 16 countries. Its portfolio includes operating mines, and development projects & other. Its mineral stream interests (gold) include Salobo, Sudbury, Constancia, San Dimas, Stillwater and others. The Company's mineral stream interests (silver) include Penasquito, Antamina, Constancia and others.

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Wheaton Precious Metals Corp

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Post by ErinBrockovichon Jul 23, 2024 10:26am

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Post# 36144174

Big News From India - Slashing Import Tax Rate

India buys tons of silver. I've been twice. It's fascinating to sit outside a silver market and watch. These markets have multiple vendors all buying and selling jewelry.

https://youtu.be/lGkArVbSAPw?si=Atl5FQQeOCQR7ayu

India cuts import tax on gold and silver to 6% from 15%.

This is massive news.

India is home to one of the biggest gold markets in the world.

The country is the second-largest gold consumer in the world.

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