Wheaton Precious Metals Corp. (NYSE:WPM) Q2 2023 Earnings Call Transcript

Haytham Hodaly: No, no, no. Our 90-plus percent, probably 95% of our focus is on gold and silver these days.

UnidentifiedAnalyst: Okay. All right. And still looking at the same site development and operating assets to both categories?

Haytham Hodaly: Yes. And I think is we’ve got some that are closer to the operating stage — near-term operating stage as well that will contribute to our overall earnings and cash flows in the near term.

UnidentifiedAnalyst: Okay. Great. Thank you so much for answering my questions.

Randy Smallwood: Thank you, Tanya, and thank you, everyone, for dialing in today. In closing, we believe Wheaton is well positioned to continue delivering value to all of our stakeholders for a number of different reasons. Firstly, by offering our shareholders exposure to our diversified portfolio of long-life, low-cost assets that we believe as one of the best organic growth profiles in the mining industry. Secondly, by having low and predictable costs which are resilient to inflationary pressures, resulting in some of the highest margins in the entire precious metal space, which has allowed us to consistently return good value to our shareholders. And lastly, by being a leader amongst precious metal streamers in sustainability and by supporting our partners and our neighbors in the communities in which we live in which we operate.

So with that, I would like to finish off by saying that after nearly 20 years at this company, I have never been more excited about our future prospects. We believe that now is a great time to own more Wheaton. I do look forward to speaking with all of you again soon. Thank you.

End of Q&A:

Operator: Ladies and gentlemen, this concludes the conference call for today. Thank you all for participating. You may all disconnect your lines.