Wheaton Precious Metals Corp

Good morning ladies and gentlemen. Thank you for standing by. Welcome to Wheaton Precious Metals 2023 third quarter results 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 star and then the number one on your telephone keypad or type your answer into the Q&A box of the webinar. If you would like to withdraw your question, press the pound key. Thank you. I would like to remind everyone that this call is being recorded on Friday, November the 10th, 2023 at 11 a.m. Eastern Standard Time. I will now turn the call over to MMI, 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, Haitham Hodale, 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 of our website. Some of the commentary in 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 such statements. It should be noted that all figures referred to on today's call are in U.S. dollars, unless otherwise noted. With that, I'd like to turn the call over to Randy Smallwood, our president and chief executive officer.

Thank you, Emma, and good morning, everyone. Thank you for joining us today to discuss Wheaton's third quarter results of 2023. I am pleased to announce that our portfolio of long-life, low-cost assets delivered another solid quarter, generating strong metal production and robust cash flows, with a number of our assets hitting record quarterly production levels. The importance of having a diversified portfolio of high-quality, low-cost assets was evidenced by Wheaton's ability to deliver solid operating results, despite operations at Peñasquito being suspended for the entire third quarter. Strong outperformances from Salobo and Constantia resulted in quarter-over-quarter production growth, further highlighting the resilience of our diversified asset base and delivering on our commitment of continuous growth over the next five years. Our strong quarterly performance was underscored by significant progress at the expansion of our largest asset, Salobo, which is now expected to reach a throughput capacity of 32 million tons per annum in the fourth quarter of 2023. Our growth pipeline of development projects was further de-risked in the quarter as Artemis received their Fisheries Act authorization for the Blackwater project, which continues to advance on schedule with first gold pour targeted for the second half of 2024. In addition, Aris Mining announced that they have received approval of their environmental management plan, which now permits the development of the Mermato Lower Mine. These projects are among a few of the assets that are forecast to contribute to our impressive organic growth profile of over 40% production growth in the next five years. During this quarter, we are also proud to have been recognized by ESG Investing's Corporate ESG Awards as the best company for ESG and sustainability in the metals and mining sector. Looking to the remainder of 2023, and given that Penasquito has resumed operations, we are very pleased to confirm our previously forecasted annual guidance of between 600,000 to 660,000 gold-equivalent ounces, albeit with a slightly higher weighting towards gold. In this high interest rate environment, streaming continues to be one of the most attractive sources of capital. and our corporate development team remains exceptionally busy evaluating opportunities. Subsequent to the quarter end, we announced the acquisition of a silver stream on Waterton Copper's mineral park mine, for which Hatham will provide an overview on shortly. This latest acquisition is an example of our commitment to enhancing our portfolio with growth that is accretive and sustainable, benefiting all stakeholders. And with that, I'd like to turn the call over to Wes Carson, our Vice President of Operations, who will provide more details on our operating results. Wes. Thanks, Randy. Good morning.