We expect the decline in precious metal prices over the course of the last twelve months to negatively impact the company?s results. Silver Wheaton?s production volumes are likely to be boosted by the signing of a streaming agreement earlier in the year for an additional 25% of the gold by-product stream produced at Vale?s Salobo copper mine in Brazil for a period that extends until the end of the mine?s life. This agreement is in addition to Silver Wheaton?s existing agreement with Vale for the...
Silver Wheaton Earnings Preview: Lower Gold And Silver Prices To Weigh On Q2 Results
Forbes - 7 Aug 2015 19:49
We expect the decline in precious metal prices over the course of the last twelve months to negatively impact the company?s results. Silver Wheaton?s production volumes are likely to be boosted by the signing of a streaming agreement earlier in the year for an additional 25% of the gold by-product stream produced at Vale?s Salobo copper mine in Brazil for a period that extends until the end of the mine?s life. This agreement is in addition to Silver Wheaton?s existing agreement with Vale for the...
Share this Article
Recommended