Glencore to end silver streaming deal with Wheaton on Peru mine
Yahoo! Finance
Pioneered by Wheaton, the streaming model is a type of alternative financing in the mining industry in which funds are provided upfront to a miner in exchange for the sale of a fixed amount of future production, usually by-product, at a discounted price. Glencore had entered the Yauliyacu silver streaming transaction with Wheaton in 2006 for an upfront payment of $285 million.
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