Canadian Mining Journal

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Silver Wheaton posts strong Q2 results

Canadian streaming company Silver Wheaton (TSX: SLW; NYSE: SLW) posted record quarterly production of nearly 11 million silver equivalent ounces in the three months ended June 30, and for the first time ever, notched quarterly sales...


Canadian streaming company Silver Wheaton (TSX: SLW; NYSE: SLW) posted record quarterly production of nearly 11 million silver equivalent ounces in the three months ended June 30, and for the first time ever, notched quarterly sales volume of 10 million silver equivalent ounces.

The record production and sales figures were driven by strong results from all of the company’s flagship assets and from the first substantive contribution from HudBay Minerals’ (TSX: HBM; NYSE: HBM) Constancia mine in Peru, which achieved commercial production on April 30.

Silver equivalent production reached 10.9 million oz (7.2 million oz of silver and 50,500 oz of gold), a year-on-year increase of 29%, while the US$10.0 million in sales volume marked a 34% increase over the same quarter of 2014.  

Read the complete article at NorthernMiner.com/news/silver-wheaton


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