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Wheaton Precious Metals signs gold and silver streaming deal with KGL Resources for Australian Jervois Project.
Wheaton Precious Metals has announced a gold and silver streaming agreement with KGL Resources for the Jervois Project in Australia, marking Wheaton’s first streaming transaction in the country.
Under the deal, Wheaton’s subsidiary will pay $275 million upfront, gaining 75% of payable gold and silver initially, with declining percentages over the mine's life.
Production is expected to begin in late 2027 and continue for 10 years.
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Wheaton Precious Metals firma acuerdo de transmisión de oro y plata con KGL Resources para el proyecto australiano Jervois.