Metal Streaming as an economic financing mechanism in Peruvian mining

Authors

Cotrina-Teatino, Marco Antonio

Santos Gonzales, Abel Nehemias

Polo Salinas, Junior

Vega Gonzalez, Juan Antonio

Arango Retamozo, Solio Marino

Portilla Rodriguez, Hans Roger

Vasquez Toribio, Hammer Brayan

Abstract

This research focused on publicizing Metals Streaming contracts as an economic financing mechanism in the different mining companies of Peru. The descriptive theoretical-methodological approach was based first on knowing Wheaton Precious Metals carried out the first metal transmission contract worldwide with the San Dimas gold mine in Mexico. On the other hand, we have companies such as Franco Nevada, Royal Gold, and Triple Flag Precious Metals, which promote the development of mining companies in Peru (Junior, Medium, Major). In recent years The Metals Streaming contracts have evolved significantly, where Streamers companies signed metal transmission contracts (Gold and Silver) with 7 mining companies operating in Peru: Antamina, Antapacay, Cerro Lindo, Condestable, Constancia, Cotabambas, and Yauliyacú, as well as the Los Chancas Mining Unit of Southern Peru, which is being evaluated by Royal Gold Corporation.