Record Revenue and Earnings
Wheaton Precious Metals achieved record revenue, earnings, and operating cash flow for the first 9 months of 2025, with quarterly revenue reaching $476 million, a 55% increase compared to last year.
Strong Production Growth
Production in Q3 was 173,000 gold equivalent ounces, a 22% increase from the prior year, primarily due to strong production at Salobo and Antamina, and commencement of production at Blackwater.
Cash Position and Financial Flexibility
With over $1.2 billion in cash and an undrawn $2.5 billion revolving credit facility, Wheaton is well-positioned to meet funding commitments and pursue new opportunities.
New Streaming Transactions
Wheaton announced two new streaming transactions, one with Carcetti on the Hemlo mine and another with Waterton Gold on the Spring Valley project, reinforcing their disciplined approach to capital deployment.
Positive Growth Outlook
Wheaton is on track to achieve their 2025 production guidance of 600,000 to 670,000 gold equivalent ounces and expects 40% production growth by 2029.