Silver Wheaton sees more deals once prices settle

Vancouver-based Silver Wheaton is “very busy” looking for new deals, and expects to have a lot of options for transactions as soon as silver prices settle down, new CEO Randy Smallwood said on Monday. Silver Wheaton, which pioneered the...

Silver Wheaton chief Barnes steps down

Silver Wheaton has appointed company president Randy Smallwood as CEO, replacing Peter Barnes who resigned effective Monday, April 11. "Silver Wheaton is exceptionally well-positioned to continue its strong tradition of creating shareholder...

Silver Wheaton says M&A, big mine capex plans bode well for more deals

Current trends in the mining industry like rising merger and acquisition activity and an appetite for large capital projects can only be good news for Vancouver-based Silver Wheaton, CEO Peter Barnes said on Friday. Silver Wheaton, which...

Silver Wheaton Q4 profit more than doubles, declares dividend

Vancouver-based Silver Wheaton increased fourth-quarter net income in 2010 by 142%, boosted by increased silver volumes and higher prices for the metal, and has announced its first ever dividend payment. The company pays producers upfront to buy...

Silver may top $30/oz – Silver Wheaton CEO

The price of silver will likely go through the $30/oz level and could jump as high as $50/oz in the coming years, Silver Wheaton CEO Peter Barnes said in an interview on Canada's Business News Network on Wednesday. “I think it is definitely...

Silver Wheaton buys right of first refusal on Ventana silver

Vancouver-based Silver Wheaton has clinched a right of first refusal on any silver streams sold in the future from junior Ventana Gold's precious-metals projects in Colombia, the companies said on Monday. Silver Wheaton will buy 1,8-million...

Silver Wheaton almost triples Q1 profit

Vancouver-based Silver Wheaton earned $44,6-million in the first quarter, almost triple the $15,1-million reported a year earlier, thanks to increased silver prices. First quarter operating cash flows rose 149%, to $57,6-million, the company said...

Time not yet right for dividend – Silver Wheaton

Vancouver-based Silver Wheaton does plan to initiate a shareholder dividend as the company's cash flow increases, but will not do so just yet, CEO Peter Barnes said on Friday. In answer to what has become a regular question during the firm's...

Augusta makes progress on funds for Arizona copper project

A precious-metals streaming deal with Silver Wheaton will cover about a quarter of the cost to build Augusta Resource's Rosemont copper project, in Arizona, and the company expects to have the balance of the capital tied up by around the end of...

Silver Wheaton appoints Randy Smallwood president

Vancouver-based Silver Wheaton has named Randy Smallwood as president, effective January 1, the company announced on Tuesday. Smallwood, who currently holds the position of executive vice-president for corporate development, will take over the...

Daily podcast – November 11, 2009

South Africa's Chamber of Mines calls for a new electricity dispensation; and Silver Wheaton will "undoubtedly" consider paying a dividend to shareholders at some point in the future.

Silver Wheaton to look at dividends in future, not now

Vancouver-based Silver Wheaton will “undoubtedly” consider paying a dividend to shareholders at some point in the future, but for now the company will rather use its cash to make acquisitions, CEO Peter Barnes said on Tuesday. Silver Wheaton...