TORONTO: Wheaton Precious Metals™ Corp. said Thursday it will provide up to $400 million in gold stream financing to Carcetti Capital Corporation to support its proposed acquisition of the Hemlo Mine from Barrick Mining Corporation. The financing package includes Wheaton’s gold stream commitment, an estimated $415 million in equity financing, and $200 million in bank…
LONDON: Wheaton Precious Metals Corp. has announced that its subsidiary, Wheaton Precious Metals International Ltd., has entered into a definitive agreement with Montage Gold Corp. for the Koné Gold Project in Côte d’Ivoire. This agreement, known as the Gold Stream, involves Wheaton providing a total upfront cash consideration of $625 million in four equal installments…
LONDON, UK: Wheaton Precious Metals and its wholly-owned subsidiary, Wheaton Precious Metals International have finalized a definitive agreement with entities advised by Orion Resource Partners to acquire existing streams related to Ivanhoe Mines’ Platreef Project and BMC Minerals’ Kudz Ze Kayah Project. Additionally, Wheaton International has entered into a new precious metals purchase agreement for…
LONDON: Wheaton Precious Metals™ Corp. announced that it has signed a deal with Waterton Copper Corp. to buy 100% of the silver produced from the Mineral Park mine in Arizona, USA, for the life of the mine. Wheaton will pay Waterton Copper $115 million in four installments during the construction phase of the mine, which…
LONDON, UK: Wheaton Precious Metals Corp. has entered into a definitive purchase agreement with Sabina Gold & Silver Corp. in respect to the Goose Project, part of Sabina’s 100% owned Back River Gold District located in Nunavut, Canada. Sabina’s Goose Project is forecast to be a high margin mine in the lowest half of the…