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Wheaton Precious Metals Announces Passing of Founding Director
WPMWheaton Precious Metals(WPM) Prnewswire·2025-05-06 01:30

Core Viewpoint - Wheaton Precious Metals Corp. announced the passing of founding board member Peter Gillin, who significantly contributed to the company's growth and success over his two-decade tenure on the Board of Directors [1][2][3]. Company Contributions and Leadership - Peter Gillin had over 40 years of experience in the mining and financial sectors, serving as a dedicated board member for more than 20 years [2]. - He held key positions including former Chair of the Compensation Committee and was a member of the Governance and Sustainability and Audit Committees, where his leadership was vital for Wheaton's development [2]. - The company plans to honor Mr. Gillin's legacy by increasing its contribution to the Heart and Stroke Foundation of Canada [3]. Company Overview - Wheaton Precious Metals is recognized as the world's premier precious metals streaming company, boasting a high-quality portfolio of long-life, low-cost assets [4]. - The company's business model provides investors with leverage to commodity prices and exploration upside while maintaining a lower risk profile compared to traditional mining companies [4]. - Wheaton achieves some of the highest cash operating margins in the mining industry, enabling it to pay competitive dividends and pursue growth through accretive acquisitions [4].