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Wheaton portfolio misses forecast in September quarter

Streaming company Wheaton Precious Metals missed production and sales forecasts in the September quarter, after disruptions at Vale’s Salobo plant in Brazil.

William Clarke
Vale's Salobo copper mine in Brazil

Vale's Salobo copper mine in Brazil

Wheaton's portfolio produced 184,918 gold equivalent ounces in Q3, an increase of 2.1% year-on-year, driven by higher silver output, but 4% below the figure forecast by UK investment bank Peel Hunt. ...

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