Wheaton Precious Metals Corp

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Wheaton Precious Metals 2022 third quarter conference call. All lines will be placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star, then the number one on your telephone keypad, or type your answer in the Q&A box of the webinar. If you'd like to withdraw your question, press star two. Thank you. I would like to remind everyone that this conference call is being recorded on Friday, November 4th, 2022 at 11 a.m. Eastern Time. I will now turn the conference over to Mr. Patrick Druin, Senior Vice President of Investor Relations and Sustainability. Please go ahead, sir.

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 of Gary Brown, Senior Vice President and Chief Financial Officer, Hatem Holey, Senior Vice President, Corporate Development, and Wes Carson, Vice President, Mining Operations. Please note that for those not currently on the webcast, the slide presentation accompanying this conference call is available in PDF format on the Presentations page of the Wheaton Precious Metal website. 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 and less otherwise noted. Now I'd like to turn the call over to Randy Smallwood, our president and chief executive officer.

Thank you, Patrick, and good morning, everyone. Thank you for joining us today to discuss Wheaton's third quarter results of 2022. I am pleased to announce that our high-quality portfolio once again delivered solid revenue, earnings, and cash flow in the third quarter of 2022, as Gary will discuss later. While inflationary pressures are still impacting all sectors of the economy, especially mining, Wheaton has maintained cash operating margins of over 75% year-to-date, highlighting the resiliency of the streaming model in an inflationary environment. Furthermore, we have demonstrated our continued willingness to identify strategic opportunities, both externally and within our portfolio, that create value for our shareholders. To that end, in the quarter, we completed the termination of the Keno Hill stream for $141 million and announced the proposed termination of the Yaliaku stream with Glencore for $150 million. We are very happy with the returns these mines have brought us over the years. However, we feel they have run their course within our portfolio, and it was the right time for us to part ways and put that capital back to work in growing our portfolio. And we continue to see a very healthy appetite for streaming as a source of capital for the mining industry, so we are actively pursuing a number of new accretive opportunities. Additionally, we once again demonstrated our leadership in sustainability and were recognized as one of the best corporate citizens in Canada by corporate knights. And once again, we ranked in the global top 50 out of over 15,000 multi-sector companies by Sustainalytics. It is important to highlight that Wheaton is the only precious metals company in this global top 50, something we are proud of, but that we must continue working on. Given our strong balance sheet, liquidity available for investment, and our diverse development portfolio, we are on track to generate sustained long-term production and strong growth over the next 10 years and beyond. 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?