Wheaton Precious Metals Corporation (WPM) 2018年年度报告「NYSE」.pdf

1、2018 ANNUAL REPORTWheaton Precious Metals is one of the largest precious metals streaming companies in the world.The Company offers investors leverage to increasing precious metals prices,a sustainable dividend,and both organic and acquisition growth opportunities.Wheatons operating costs are contra

2、ctually set at the time the stream is entered into,allowing investors to benefit from cost predictability and strong margin growth in an environment of rising metal prices.Wheaton currently has streaming agreements covering 19 operating mines and 9 development stage projects.The Companys production

3、profile is driven by a high-quality portfolio of low-cost,long-life assets,including a gold stream on Vales Salobo mine,and silver streams on Glencores Antamina mine and Goldcorps Peasquito mine.NOTE TO THE READERTo provide stakeholders with a complete overview of the Company and its portfolio of hi

4、gh-quality assets,much of the content that was previously included in the Annual Report has been moved to the Wheaton Precious Metals Guidebook.The PDF version of the Guidebook is available for download from the website at .This Annual Report contains forward-looking statements,please see page 58 fo

5、r the Cautionary Note Regarding Forward-Looking Statements.Dear Shareholders,As Wheaton Precious Metals approaches its fifteenth anniversary,I would like to take the opportunity to thank our valued shareholders who have supported us over the years.Through your trust and backing,Wheaton continues to

6、be the leader in precious metals streaming with one of the strongest and highest quality asset portfolios in the entire precious metals industry.We are grateful and humbled by your continued support as we strive towards our vision,to be the worlds premier precious metals investment vehicle.2018 was