Wheaton Precious Metals

Wheaton Precious Metals posts record Q3 2026 nine-month revenue of $2.6B, driven by 36% higher gold equivalent prices and BHP Antamina PMPA integration, while Copper World approval and Koné first pour validate near-term growth pipeline.

Wheaton Precious Metals delivered Q3 2026 revenue of $772 million — a 62% increase versus Q3 2025 — with year-to-date revenue of $2.6 billion setting a new nine-month record, driven primarily by a 36% quarter-over-quarter increase in average realized gold equivalent prices and a 19% rise in GEOs sold. The BHP Antamina PMPA acquisition, which doubled Wheaton's silver entitlement at Antamina to 67.5% effective April 1, 2026, is the single largest structural change in this period, contributing to a 60% increase in Antamina attributable silver production. Two pivotal growth milestones — Hudbay's approval of Copper World construction and first gold pour at Montage's Koné project — meaningfully de-risk Wheaton's forecast 50% production growth to 1.2 million GEOs by 2030.

World's premier precious metals streaming company, holding streaming and royalty agreements across 57 mining assets including 22 operating mines, 20 development projects and 15 exploration and other stage projects. Wheaton purchases gold, silver, palladium, platinum and cobalt production at fixed costs from mining operators, generating high-margin cash flows leveraged to precious metals prices.

Primary products

• Gold streaming
• Silver streaming
• Palladium streaming
• Platinum streaming
• Cobalt streaming
• Mineral royalty interests