Interview with Randy Smallwood, President & CEO of Wheaton Precious Metals (LSE: WPM)
Recording date: 28th June 2023
Wheaton Precious Metals (WPM) is a prominent player in the mining industry, specializing in the streaming business model. With a history of almost two decades, WPM has established itself as an alternative form of finance for investing in the mining sector. Their unique approach offers investors an attractive and low-risk opportunity to participate in the precious metals industry.
As a streaming company, WPM provides upfront capital to mining companies in exchange for the right to purchase a percentage of the future production of gold, silver, and other precious metals at a predetermined price. This allows mining companies to access necessary funding while mitigating the risks associated with fluctuating commodity prices and operational costs.
WPM's business model has gained significant interest and attention, particularly in the gold sector. The company has witnessed a surge in investor appetite and increased attendance at institutional meetings. This elevated interest can be attributed to various factors, including global economic conditions, geopolitical uncertainties, and the enduring appeal of precious metals as a store of value.
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An insight into junior mining and opportunities to invest.
Company Interviews, a Crux Investor show, exists to cut through the jargon, bias and bluster.
Matthew Gordon, and guest host Merlin Marr-Johnson hone in on the important factors that indicate a company's strong footing for growth and success.