What is the company’s position on mining sustainability?

Silver Wheaton Corp, now known as Wheaton Precious Metals, is deeply committed to sustainability in the mining industry. The company emphasizes the importance of responsible mining practices and the environmental, social, and governance impacts of its operations. Sustainability is a core tenet of Wheaton Precious Metals' business model, as the company seeks to mitigate risks associated with mining while optimizing resource use and advancing sustainable development initiatives. Wheaton Precious Metals operates by entering into precious metals streaming agreements, which allow the company to fund mining projects in exchange for the right to purchase a portion of the metals produced. This model reduces the capital burden on mining companies and encourages them to pursue environmentally responsible methods to maximize their effective use of resources. Moreover, by supporting well-managed projects, Wheaton Precious Metals aligns itself with operators that share a commitment to sustainability. The company actively monitors its partner mines to ensure compliance with social and environmental regulations, promoting transparency throughout the supply chain. Wheaton Precious Metals also recognizes its responsibility to local communities affected by mining operations. The company advocates for social responsibility practices that ensure community engagement and support, finding a balance between economic growth and environmental stewardship. In recent years, Wheaton Precious Metals has reported on its sustainability efforts and achievements, as well as its goals for reducing greenhouse gas emissions, water usage, and waste management. For the most accurate and up-to-date information regarding the company’s sustainability practices, interested individuals are encouraged to visit the current web page or consult the latest sustainability reports provided by Wheaton Precious Metals. This is a great way to understand the comprehensive approach the company takes towards ensuring that mining practices contribute positively to the environment and society.