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MiningNewsBreaks - Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) Reports Record Cash Flow in Q3, Expands Streaming Portfolio with New Projects

Dec 04, 2024 (Investor Brand Network via COMTEX) --
Wheaton Precious Metals (NYSE: WPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company's strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton's portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Kone Gold Project in Cote d'Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company's 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton's sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

To view the full press release, visit https://ibn.fm/Dnpqu

About Wheaton Precious Metals Corp.

Wheaton Precious Metals 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 leverage to commodity prices 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.

NOTE TO INVESTORS: The latest news and updates relating to WPM are available in the company's newsroom at https://ibn.fm/WPM

About MiningNewsWire

MiningNewsWire ("MNW") is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text "BigHole" to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
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Editor@MiningNewsWire.com

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COMTEX_460470690/2557/2024-12-04T11:19:52

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