666 BURRARD STREET, SUITE 3150
VANCOUVER
British Columbia
Canada,
V6C 2X8
Phone: +1 (604) 684-9648
Fax: +1 (604) 684-3123
Toll Free: 1 866 696 3066
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Established in 2004, Silver Wheaton has quickly positioned itself as the largest silver streaming company in the world. The company has entered into seventeen agreements where, in exchange for an upfront payment, it has the right to purchase all or a portion of the silver production, at a low fixed cost, from high-quality mines located in politically stable regions. Forecast 2009 production is 16 million ounces of silver and 17,000 ounces of gold, for total production of 17 million silver equivalent ounces. By 2013, annual production is anticipated to more than double to approximately 39 million ounces of silver and 20,000 ounces of gold, for total production of approximately 40 million silver equivalent ounces. No ongoing capital expenditures are required to generate this growth and Silver Wheaton does not sell forward its silver sales.
Silver Wheaton’s industry-leading growth profile is driven by a portfolio of world-class assets, including silver streams on Goldcorp’s Peñasquito mine in Mexico and Barrick’s Pascua-Lama project straddling the border of Chile and Argentina. The company’s unique business model creates significant shareholder value by providing considerable leverage to increases in the silver price while reducing the downside risks faced by traditional mining companies. Silver Wheaton has an experienced management team with a strong track record of success and is well positioned for further growth.
For more information go to:
www.silverwheaton.com
Company NewsWednesday, November 11, 2009 Alexco Resource Corp. announce the completion of a positive Development Plan for its wholly owned silver-lead-zinc Bellekeno mine in the Keno Hill Silver District, Yukon, Canada. The Development Plan incorporates the terms of Alexco’s agreement with Silver Wheaton Corp., and outlines a project with a pre-tax net present value to Alexco of C$31.9 million over an initial mine life of approximately four years. Silver Wheaton has provided Alexco with written confirmation of their acceptance that the Development Plan is favourable, and Alexco’s Board of Directors has authorized the initiation of construction activity in anticipation of full mine production in the third quarter of 2010. News ReleasesFriday, February 05, 2010 Tuesday, December 08, 2009 Tuesday, November 24, 2009 Monday, November 09, 2009 Wednesday, October 14, 2009 Map Legend: Producer Past Producer  Development  Exploration |
