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Early Deposit - Silver and Gold Interests (Tables)
12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Summary of Early Deposit Silver and Gold Interests

The following table summarizes the early deposit silver and gold interests currently owned by the Company:

 

                                        Attributable
  Production to be  
Purchased
       
Early Deposit Silver and
    Gold Interests
   Mine
Owner
     Location of
Mine
     Upfront
Consideration
Paid to Date 1
     Upfront
Consideration
To be Paid 1, 2
     Total
Upfront
Consideration¹
     Silver     Gold     Term of
Agreement
 

Toroparu

     Sandspring        Guyana      $         15,500      $     138,000      $     153,500        50%       10%       Life of Mine  

Cotabambas

     Panoro        Peru        5,500        134,500        140,000        100%  ³      25%  ³      Life of Mine  

Kutcho

     Kutcho        Canada        —          65,000        65,000        100%  4      100%  4      Life of Mine  
                       $         21,000      $ 337,500      $ 358,500                           

 

1) Expressed in United States dollars, rounded to the nearest thousand; excludes closing costs.
2) Please refer to Note 27 for details of when the remaining upfront consideration to be paid becomes due.
3) Once 90 million silver equivalent ounces attributable to Wheaton have been produced, the attributable production to be purchased will decrease to 66.67% of silver production and 16.67% of gold production for the life of mine.
4) Once 51,000 ounces of gold and 5.6 million ounces of silver have been delivered to Wheaton, the stream will decrease to 66.67% of silver and gold production for the life of mine.