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‘I don’t think we could have timed it any better:’ Wheaton Precious Metals CEO on gold prices
The head of Wheaton Precious Metals’ says development of four new projects this year sets the company up well as gold prices continue to skyrocket towards US$4,000 an ounce. The company operates as a precious metals streaming firm focused on gold and silver projects. It provides upfront cash to mining companies in exchange for the right to purchase a percentage of their future metal production at a fixed below-market rate. The price of gold hovered around $3,646 per ounce Wednesday, a day after gold mines dominated the TSX 30, an annual list of the top performing stocks on Canada’s benchmark exchange. Mining ... (full story)
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