TSX:SGLD - Post Discussion
Post by
GoldenPolarBear on Dec 06, 2023 5:45pm
“… Wheaton Precious Metals secures $530m in existing streams
"...
Wheaton Precious Metals secures $530m in existing streams..."
"...
Wheaton will pay $450 million to Orion on the closing of the acquisition of the Platreef Streams and Kudz Ze Kayah Streams, with an additional $5 million contingency payment in respect of the Kudz Ze Kayah Stream. The company will also pay $20 million to an affiliate of Dalradian Gold on an early deposit basis relative to the Curraghinalt Stream, with an additional $55 million being paid during construction of the Curraghinalt project, subject to various customary conditions being satisfied.
“The acquisition of these diverse, high-quality streams fits seamlessly into our portfolio of high-margin, low-cost assets, with near-term production from Platreef significantly adding to our already robust growth profile,” Wheaton CEO Randy Smallwood said in a statement...."
https://www.mining.com/wheaton-precious-metals-secures-530m-in-existing-streams/
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