Silver Wheaton Attracts Capital-Hungry Miners: Corporate Canada

Silver Wheaton Corp., the world’s largest precious-metals finance firm, said the biggest miners have joined the queue of capital-hungry companies requesting funding as they seek to improve returns.

Silver Wheaton, which helps miners pay for projects in exchange for a discount on their silver and gold output, has traditionally talked to smaller miners unable to tap debt and equity markets, said Chief Executive Officer Randy Smallwood. The Vancouver-based firm has seen increased interest recently from metal producers with market values “up into the tens and hundreds of billions,” he said.