ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

WPM Wheaton Precious Metals Corp

72.52
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wheaton Precious Metals Corp TSX:WPM Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 72.52 71.95 72.98 0 12:16:49

Wheaton Strikes Gold, Silver Purchase Deal With Colombia's Marmato Mine

06/11/2020 9:18am

Dow Jones News


Wheaton Precious Metals (TSX:WPM)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Wheaton Precious Metals Charts.

By Jaime Llinares Taboada

 

Wheaton Precious Metals Corp. said Friday that it has entered into a deal to purchase gold and silver from Caldas Gold Corp.'s Marmato mine in Colombia.

Wheaton--which is listed in Toronto, New York and London--has secured 6.5% of the mine's gold production until 190,000 ounces are produced, and 3.25% thereafter; and 100% of Marmato's silver output until 2.15 million ounces are produced, and 50% thereafter, the company said.

The company said it has agreed to pay $110 million in cash, plus payments equal to 18% of the spot gold and silver price--which will be later increased to a 22% rate.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

November 06, 2020 04:03 ET (09:03 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Wheaton Precious Metals Chart

1 Year Wheaton Precious Metals Chart

1 Month Wheaton Precious Metals Chart

1 Month Wheaton Precious Metals Chart

Your Recent History

Delayed Upgrade Clock