**Summary**
Wheaton Precious Metals Corp. reported record financial results for Q2 2025, with revenue of $503 million, net earnings of $292 million, and operating cash flow of $415 million. The company declared a quarterly dividend of $0.165 per share and maintained a strong balance sheet with $1.0 billion in cash, no debt, and an undrawn $2 billion revolving credit facility. Attributable gold equivalent production increased by 9.5% year-over-year to 158,600 ounces, driven by stronger production at Salobo and the commencement of production at Blackwater. Wheaton made significant progress in its growth strategy, with Blackwater achieving commercial production and Goose delivering its first gold pour. The company also advanced construction at several development projects, including Mineral Park, Platreef, Fenix, Kurmuk, and Koné. Wheaton remains committed to disciplined capital deployment and sustainability, achieving top rankings in ESG ratings and being recognized as one of Canadas Best 50 Corporate Citizens. The companys long-term production outlook remains unchanged, with projected growth of approximately 40% by 2029 and average annual production of over 950,000 gold equivalent ounces from 2030 to 2034.