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5/6/2022
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Wheaton Precious Metals 2022 First Quarter Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the number 1 on your telephone keypad or type your answer in the Q&A box of the webinar. If you would like to withdraw your question, press star, then the number 2. Thank you. I would like to remind everyone that this conference is being recorded on Friday, May 6, 2022, 11 a.m. Eastern Standard Time. I would like to now turn the conference over to Mr. Patrick Drouin, Senior Vice President of Investor Relations. Please go ahead.
Thank you, operator. Good morning, ladies and gentlemen, and thank you for participating in today's call. I'm joined today by Randy Smallwood, Wheaton Precious Metals President and Chief Executive Officer, Gary Brown, Senior Vice President and Chief Financial Officer, Haytham Holey, Senior Vice President, Corporate Development, and Wes Carson, Vice President, Mining Operations. Please note that for those not currently on the webcast, a slide presentation accompanying this conference call is available in PDF format on the presentations page. I'd like to bring to your attention that some of the commentary on today's call may contain forward-looking statements, and I would direct everyone to review slide two of the presentation, which contains important cautionary notes regarding forward-looking statements. It should be noted that all figures referred to on today's call are in U.S. dollars unless otherwise noted. In addition, reference to Wheaton or Wheaton Precious Metals on this call includes Wheaton Precious Metals Corp. and or its wholly owned subsidiaries as applicable. Now I'd like to turn the call over to Randy Smallwood, our President and Chief Executive Officer.
Thank you, Patrick, and good morning, ladies and gentlemen. Thank you for joining us today to discuss Wheaton's first quarter results of 2022. I am pleased to announce that Wheaton is off to a good start in 2022. Our portfolio continues to deliver strong results, including solid revenue, earnings, and cash flow for the first three months of 2022, as Gary will discuss later. These results were driven by solid first quarter production that positioned us well for achieving our previously announced annual guidance for 2022 of 700 to 760,000 gold equivalent ounces. This solid performance reflects the underlying strength of our diversified, high-quality portfolio. And our portfolio continues to grow, as the first quarter was once again very busy on the corporate development front. In the quarter, we added two new streams, one on Adventus' Kurupamba project and the other on Sabina's Goose project. In addition, we increased our interest on a third stream, one that was already in the portfolio, from Eris Gold's Marmato mine. Lastly, we once again demonstrated our leadership in pushing to create value for all stakeholders. by announcing the adoption of a new climate change and environmental policy. While Wheaton has been carbon neutral relative to our scopes one and two emissions since 2014, this new policy includes a commitment to net zero carbon emissions for scope one, two, and three by 2050. I would now like to turn the call over to Gary Brown, our Senior Vice President and Chief Financial Officer, who will provide more details on our results. Gary.
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