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Wheaton Precious Metals sees the opportunity to add new royalty and streaming agreements with base metals producers as metals price doldrums continue and are exacerbated by the economic slowdown in China caused by the coronavirus outbreak, president and CEO Randy Smallwood has told Mining Journal at PDAC 2020 in Toronto.
Wheaton Precious Metals CEO Randy Smallwood
"Most of our opportunities come from the base metals space, that is where the streaming model works best and the base metals space is hurting right now," Smallwood said.
Supply shortage will derail climate goals
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