Go offline with the Player FM app!
Wheaton Precious Metals - Growth Plans, Streaming Advantages & What To Expect In 2025
Manage episode 479382086 series 3374176
Randy Smallwood, President and CEO of Wheaton Precious Metals (TSX | NYSE | LSE: WPM), outlines the company’s multi-year growth strategy and discusses how the streaming model is uniquely positioned to thrive in today’s precious metals market.
Randy shares how Wheaton is entering a major growth cycle, targeting a 60% increase in production by 2031, supported by a robust balance sheet ($829M in cash, no debt) and four new mines beginning deliveries in 2025.
Key topics include:
- Flagship Asset Growth: Updates on Salobo Phase 3 and Antamina, both poised for higher-grade output.
- New Production in 2025: Blackwater (Artemis Gold), Goose (B2Gold), Mineral Park, and Platreef (Ivanhoe Mines).
- Strategic Leverage: The benefits of streaming over royalty models - especially in a rising gold price environment.
- Montage Gold Case Study: How a 100% stream-financed model could reshape single-asset project development.
- Jurisdiction & ESG Strategy: How Wheaton manages political and community risks, while recently expanding selectively into Africa.
- Investor Sentiment: Rising interest from generalist funds and Western retail investors, especially in silver exposure (~40% of WPM’s revenue).
262 episodes
Manage episode 479382086 series 3374176
Randy Smallwood, President and CEO of Wheaton Precious Metals (TSX | NYSE | LSE: WPM), outlines the company’s multi-year growth strategy and discusses how the streaming model is uniquely positioned to thrive in today’s precious metals market.
Randy shares how Wheaton is entering a major growth cycle, targeting a 60% increase in production by 2031, supported by a robust balance sheet ($829M in cash, no debt) and four new mines beginning deliveries in 2025.
Key topics include:
- Flagship Asset Growth: Updates on Salobo Phase 3 and Antamina, both poised for higher-grade output.
- New Production in 2025: Blackwater (Artemis Gold), Goose (B2Gold), Mineral Park, and Platreef (Ivanhoe Mines).
- Strategic Leverage: The benefits of streaming over royalty models - especially in a rising gold price environment.
- Montage Gold Case Study: How a 100% stream-financed model could reshape single-asset project development.
- Jurisdiction & ESG Strategy: How Wheaton manages political and community risks, while recently expanding selectively into Africa.
- Investor Sentiment: Rising interest from generalist funds and Western retail investors, especially in silver exposure (~40% of WPM’s revenue).
262 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.