Wheaton Precious Metals
| Wheaton Precious Metals | |
|---|---|
| legal form | Incorporated (public company) |
| ISIN | CA9628791027 |
| founding | 2004 |
| Seat | Vancouver , Canada |
| management | Randy Smallwood ( CEO ) |
| Number of employees | 35 |
| sales | 843.26 million CAD 558.61 EUR |
| Branch | trade |
| Website | www.wheatonpm.com |
| As of December 31, 2017 | |
The Wheaton Precious Metals Corporation (until 2017: Silver Wheaton ) is a Canadian Edelmetallhandels- company with headquarters in Vancouver . It is involved in so-called "silver streaming" and is listed in the S & P / TSX 60 share index. English Silverstreaming (German for example: silver transmission, literally: "silver streams") means that parts or the entire silver or gold production of a mining company is purchased and resold at a fixed price. The mining company receives a sales guarantee.
The Silver Wheaton Corporation claims to be the world's largest silver streaming company and generates 60% of its income from silver and 40% from gold sales. The company was founded in 2004 through a spin-off from the Canadian mining company Goldcorp . As of December 7, 2006, Goldcorp still controlled 48% of Silver Wheaton. On February 14, 2008 Goldcorp sold the remaining shares.
In 2015, Silver Wheaton traded nearly 26.6 million ounces of silver. In May 2017 the company renamed itself Wheaton Precious Metals .
Individual evidence
- ↑ Management , www.silverwheaton.com, accessed May 28, 2014.
- ↑ a b Annual Report 2017 (English), www.silverwheaton.com, accessed on July 28, 2018.
- ↑ Converted at the rate on the balance sheet date, July 28, 2018
- ^ The business model of largest silver streaming. www.commodityonline.com, accessed on September 23, 2015 (English).
- ↑ investors. www.silverwheaton.com, accessed September 23, 2015 .
- ↑ production. www.silverwheaton.com, accessed September 23, 2015 .
- ^ Silver Wheaton Changes Name to Wheaton Precious Metals , at www.wheatonpm.com , accessed July 28, 2018