TSX:WPMMetals and Mining
Wheaton Precious Metals Secures Record Antamina Stream As Valuation Stretches
Wheaton Precious Metals has finalized a record silver streaming agreement with a BHP Group subsidiary for the Antamina Mine in Peru.
The deal grants Wheaton rights to BHP's share of silver production from Antamina in exchange for a substantial upfront payment.
This transaction is described as the most valuable streaming agreement completed to date by the company.
For investors tracking TSX:WPM, the agreement comes with the shares trading at CA$170.84 and a 1 year return of 49.4%. Over 3...