Name Aside, Silver Wheaton Says It May Be Tilting Toward Gold
- Canadian streamer sees $4 billion in potential opportunities
- Expects to close some deals before end of year, CEO says
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Silver Wheaton Corp., the Canadian company that provides cash to miners including Glencore Plc in exchange for future metal deliveries, may need to change its name.
Three-quarters of the so-called streaming deals it’s looking at are for gold, meaning the company could end up earning as much revenue from the yellow metal as silver, Chief Executive Officer Randy Smallwood said in an interview.