Silver Wheaton Mining News

Five base metal projects underway in the Yukon

Headlines are echoing the shift toward the Yukon’s second gold rush.

Silver Wheaton may soon be named Wheaton Precious Metals

The Vancouver-based precious metals streaming company announced the plan while posting a fourth quarter revenue increase of 29% to $258 million, up from $200 million last year.

Glencore posts worst half-yearly profit since listing in London

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

Silver Wheaton bulks up on Brazilian gold

Silver Wheaton stock gets a boost from $800 million Vale goldstream buy.

Primero Mining wants Canadian Gov’t to intervene in tax dispute with Mexico

The silver miner says Ottawa needs to press Mexican authorities to ensure Canadian investors are treated fairly.

Silver Wheaton: The ultimate streaming service

“There’s a healthy appetite for streams right now.”

Silver Wheaton to get $550 million in shares sale

Proceeds of the offering, which is scheduled to close around April 7, will be used to repay debt.

Glencore shares soar on faster than expected debt reduction

The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.

Silver Wheaton pays $900m for Glencore silver stream

The Vancouver-based streaming company says the deal immediately adds expected average silver production of 5.1 million ounces per year.

Glencore to sell part of its Chile, Peru copper output

The alleged deals involve Glencore's Collahausi mine in Chile, as well as Antamina and Antapaccay copper mines in Peru.

Silver Wheaton shares on a tear after record quarter

Streaming company ups production 29% in Q2 and CEO Randy Smallwood says expansion opportunities abound in today's market.

Silver Wheaton doubles gold stream at Vale mine

Silver Wheaton (NYSE:SLW, TSX:SLW) has doubled down on the gold stream it currently has in place at Vale's (NYSE:VALE) Salobo mine in Brazil.

Five mining stocks billionaire George Soros is buying

In 2010 at the World Economic Forum, legendary investor George Soros called gold “the ultimate asset bubble.” He failed to mention, however, that his hedge fund had just doubled the size of its position in the yellow metal.

Profits at Silver Wheaton drop 36% on metal price declines

Record production not enough to offset declining realized silver and gold prices.

Silver Wheaton expands precious metal stream on the Constancia Project to include gold

Silver Wheaton will receive 50% of the life of mine gold production from Constancia.

Silver Wheaton reaffirms Pascua Lama

Miners need to rebuild trust.

Silver Wheaton Reports Record Operating and Financial Results in 2011; Earnings and Operating Cash Flows Nearly Double

Silver Wheaton Corp. (SLW.TO) announced its audited results for the fourth quarter and year ended December 31, 2011. It also announced that its Board of Directors has declared its first quarterly cash dividend payment for 2012 of US$0.09 per common share.

Goldcorp's Mexico hassles force Silver Wheaton to cut 2011 forecast by 2 million oz

Silver Wheaton, the global number one silver streaming firm, announced on Thursday that it is revising its 2011 attributable silver equivalent production guidance from 27 to 28 million silver equivalent ounces to 25 to 26 million silver equivalent ounces. Stock in the company on the Toronto exchange ended little changed on Thursday, but is down 9.5% so far this year which means investors have taken more than a $1 billion knock. Silver Wheaton expects its 2015 attributable production to grow by 17 million ounces.

Silver Wheaton shares jump after profits more than doubled

Shares of Silver Wheaton (SLW.TO: Quote) rose on Monday, after the miner's quarterly profit more than doubled, helped by record production and soaring silver prices. Net profit rose to $122.2 million, or 34 cents a share, from $50.6 million, or 13 cents a share, a year ago.

Silver Wheaton declares second quarterly dividend payment for 2011

Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW)(NYSE: SLW) is pleased to announce that its Board of Directors has declared its second quarterly cash dividend payment for 2011 of US$0.03 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on June 20, 2011, and will be distributed on or about June 30, 2011. The Company's dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.

Wildcat closes $13 million private placement with Silver Wheaton

Wildcat Silver Corporation (TSX-V: WS) ("Wildcat" or "the Company") announces that it has closed the $13 million private placement of 10 million common shares at a price of $1.30 per share with Silver Wheaton Corp. […]

Hu's on first but what's on second?

Jittery investors sold in earnest this week on speculation that China is going on some kind of austerity kick, destined no doubt to wreak havoc on the civilized world.