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Silver Wheaton closes Panoro early deposit precious metals deal

TSX- and NYSE-listed Silver Wheaton has closed a deal with project developer Panoro Minerals for an early deposit precious metals purchase agreement on the Cotabambas copper/gold/silver project, in Peru.
Silver Wheaton has secured all of the silver and a quarter of the gold output from the Cotabambas project up to 90-million silver equivalent ounces; thereafter 66.67% of silver and 16.67% of gold production for the life-of-mine would be attributable to the Canadian streaming firm.