Wheaton Precious Metals Exceeds 2025 Production Guidance, Forecasts 50% Growth by 2030

Wheaton Precious Metals Corp. has exceeded its 2025 production guidance and provided a positive long-term outlook, projecting approximately 50% growth to 1.2 million gold equivalent ounces (GEOs) by 2030. According to the company's press release, Wheaton achieved actual production of approximately 692,000 GEOs in 2025, surpassing the upper end of its 2025 guidance range of 670,000 GEOs. This strong performance sets the stage for the company's ambitious growth plans over the next several years. 'We are very pleased to have exceeded our 2025 production guidance and to be providing such a robust long-term outlook,' said Randy Smallwood, Wheaton's President and Chief Executive Officer. 'Our portfolio of high-quality, long-life assets continues to perform exceptionally well, and we are excited about the significant growth potential we see going forward.' Wheaton's 2026 production guidance is set at 730,000 to 780,000 GEOs, and the company projects reaching approximately 1.2 million GEOs by 2030 - a nearly 50% increase from current levels. This growth is expected to be driven by continued strong performance from Wheaton's existing assets as well as the addition of new streams and acquisitions. The precious metals streaming company's positive outlook aligns with broader trends in the mining and metals sector, which has seen increased investment and activity amid rising commodity prices and global demand. As the maritime industry continues to rely on these raw materials for infrastructure, vessels, and equipment, Wheaton's performance is an encouraging sign for the sector's supply chain. 'Wheaton's ability to exceed its production targets and provide such a robust long-term forecast speaks to the strength and resilience of its business model,' said gCaptain editor John Konrad. 'This is great news for the maritime industry, which depends on a reliable supply of key materials to support its operations.'