1、2016 AnnuAl RepoRtSilver Wheaton is the largest precious metals streaming company in the world with the highest production and operating cash flow relative to its peers.The Company offers investors leverage to increasing silver and gold prices,a sustainable dividend,and both organic and acquisition
2、growth opportunities.Silver Wheatons operating costs are contractually 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 silver and gold prices.Silver Wheaton currently has streaming agreements cover
3、ing 22 operating mines and 8 development stage projects.The Companys production profile is driven by a portfolio of high-quality assets,including a gold stream on Vales Salobo mine,and silver streams on Glencores Antamina mine and Goldcorps Peasquito mine.Note to the ReaderIn an effort to provide st
4、akeholders with a complete overview of the company and its portfolio of high-quality assets,much of the content that was previously included in the Annual Report has been moved to the Silver Wheaton Handbook.The Handbook will be updated annually with information on the precious metals streaming mode
5、l,detailed asset descriptions,corporate structure,and additional information on corporate social responsibility activities.To reduce the impact on the environment and to conserve paper,please download the PDF version of the Handbook from the website at .If you would like to request a hard copy,pleas
6、e call 604-684-9648 or email .This Annual Report contains forward-looking statements,see page 51 for the Cautionary Note Regarding Forward-Looking Statements.353,700 OZ GOLD PRODuCTION30MOZ SILVER PRODuCTION8%AVERAGE REALIZED PRICEOF SILVER AND GOLD35%OPERATING CASH FLOWISILVER WHEATON|2016 ANNUAL R