World Gold Council joined by Silver Wheaton
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The World Gold Council, the market development organisation for the gold industry, has welcomed Silver Wheaton to its Board of Members. Silver Wheaton is the largest precious metals streaming company in the world and has recently expanded its gold streams with acquisitions from Vale SA and Hudbay Minerals Inc.
World Gold Council Chief Executive, Aram Shishmanian, commented; “We are delighted that Silver Wheaton has become a member of our organisation. The streaming model used by Silver Wheaton is becoming increasingly important in the gold mining industry to attract investment and fund gold and precious metal projects. With the addition of Silver Wheaton to our Board, the World Gold Council now represents a substantial proportion of this important element of the gold business.”
“During 2013, Silver Wheaton significantly increased the amount of gold production within our portfolio. We are proud to be joining the World Gold Council and look forward to contributing to its vision of providing industry leadership, whilst stimulating and sustaining the worldwide demand for gold,” said Randy Smallwood, President & Chief Executive Officer of Silver Wheaton.
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