Wheaton Precious Metals Corp

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Wheaton Precious Metals 2024 Second 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 the star followed by the number one on your telephone keypad, or you may type in your questions in the Q&A box of the webinar. If you would like to withdraw your question, please press star followed by the number two. Thank you. I would like to remind everyone that this conference call is being recorded on Thursday, August 8, 2024 at 8 a.m. Eastern Time. I will now turn the conference over to Emma Marie, 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, Hazem Hodole, 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 presentations 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. 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 second quarter results of 2024. I am pleased to announce that our portfolio of long-life, low-cost assets has delivered another solid quarter, generating $234 million in operating cash flows, resulting in record cash flows of over $450 million for the first half of this year. This performance underscores the effectiveness of our business model in leveraging rising commodity prices while maintaining strong margins. The company has produced over 305,000 gold equivalent ounces year to date, and we are well on track to achieve our 2024 production guidance of 550,000 to 620,000 gold equivalent ounces. The company also remains very liquid with $540 million in cash at our quarter end and a $2 billion undrawn revolving credit facility, which, when coupled with the strength of our forecasted operating cash flows, provides strong flexibility to fund all outstanding commitments as well as the capacity to acquire additional accretive mineral stream interests. Our corporate development team remains actively engaged in evaluating new opportunities and may continue to see a healthy appetite for streaming as a source of capital for the mining industry. In addition, during the quarter, we published our annual sustainability and climate change report. and we are proud to have been ranked among the top 10 in Corporate Night's 50 Best Corporate Citizens in Canada for 2024. As the founders and architects of sustainable streaming, this accomplishment is reflective of our commitment to operating responsibly in all facets of our business. Our performance in the first half of 2024 supports our belief that the strength of our organic growth profile combined with favorable commodity price trends, firmly positions Wheaton as the premier choice for high-quality, long-life precious metals exposure. With that, I would 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.