This article has been disseminated on behalf of Wheaton Precious Metals Corp. and may include paid advertising.
Wheaton Precious Metals (NYSE: WPM) (TSX: WPM) announced that its wholly owned subsidiary Wheaton Precious Metals International Ltd. has entered into a definitive precious metals purchase agreement with a subsidiary of BHP Group Limited for its 33.75% share of silver production from the Antamina Mine in Peru. Upon closing, Wheaton will receive a combined 67.5% of all silver produced at Antamina, up from 33.75% under its existing Glencore stream, in exchange for $4.3 billion in upfront cash consideration. The stream is effective April 1, 2026, and is expected to add average attributable silver production of approximately 6.0 million ounces annually over the first five years and 5.4 million ounces annually over the first 10 years, reinforcing Antamina’s role as a cornerstone, long-life asset in Wheaton’s portfolio.
To view the full press release, visit https://ibn.fm/CfsOp
About Wheaton Precious Metals
Wheaton is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate. Wheaton creates sustainable value through streaming for all of its stakeholders.
NOTE TO INVESTORS: The latest news and updates relating to WPM are available in the company’s newsroom at https://ibn.fm/WPM
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