Wheaton Precious Metals Corp.

Money Moves

Provided $230 million deposit for precious metals stream

Hudbay Minerals and Mitsubishi Corporation approved construction of the Copper World copper mine southeast of Tucson on Oct. 21, committing $2.07 billion in initial capital. First production is targeted for the second half of 2029, and Hudbay says it plans to start building by the end of 2026.

Updated Oct 25