Wheaton Precious Metals Exceeds 2025 Production Guidance and Provides 2026 and Long-Term Outlook, Projecting Approximately 50% Growth to 1.2 Million Gold Equivalent Ounces by 2030

Wheaton Precious Metals has delivered a pivotal performance in 2025, exceeding production guidance and signaling robust growth in the precious metals streaming sector. The company's strategic achievements underscore a compelling trajectory for investors seeking exposure to high-quality, low-cost metal production.

By surpassing the upper end of its 2025 production guidance with 692,000 gold equivalent ounces (GEOs), Wheaton demonstrated remarkable operational efficiency. Notably, record results from the Salobo mine in Brazil contributed significantly to this achievement, driven by higher gold grades and improved recovery processes.

Management's forward-looking guidance is particularly compelling. The company projects approximately 50% growth to reach 1.2 million GEOs by 2030, positioning Wheaton as a potential industry leader in precious metals streaming. CEO Randy Smallwood emphasized the company's robust portfolio and strategic investments as key drivers of this ambitious growth trajectory.

The production breakdown reveals nuanced performance across different metals. Gold production exceeded expectations at 416,286 ounces, while silver production reached 22,434 thousand ounces. Strategic investments in three new assets further reinforce Wheaton's commitment to long-term value creation.

For precious metals investors, this announcement signals broader market optimism. The company's commodity price assumptions - with gold projected at $4,800 per ounce and silver at $80 per ounce in 2026 - suggest significant potential appreciation in metal values. These projections align with emerging trends in industrial metal demand, particularly in renewable energy and technology sectors.

Wheaton's performance highlights the strategic advantages of the streaming business model, which provides exposure to metal production with reduced operational risks. By diversifying across multiple mining assets and metals, the company offers investors a sophisticated approach to precious metals investment.