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Royalty firm Wheaton sees 1Q revenue fall

Royalty firm Wheaton Precious Metals saw revenue fall to US$307 million in the first quarter of 2022, down 5.2% from $324 million in the same quarter a year earlier.

Royalty firm Wheaton sees 1Q revenue fall Royalty firm Wheaton sees 1Q revenue fall Royalty firm Wheaton sees 1Q revenue fall Royalty firm Wheaton sees 1Q revenue fall Royalty firm Wheaton sees 1Q revenue fall

Wheaton on look for acquisitions

The fall was mainly because of a 4% drop in gold equivalent ounces sold due to setbacks at Brazilian miner Vale's Salabo mine operation, Wheaton's largest royalty revenue stream.