{"id":1631,"date":"2013-03-22T11:57:59","date_gmt":"2013-03-22T15:57:59","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=1631"},"modified":"2013-03-22T11:57:59","modified_gmt":"2013-03-22T15:57:59","slug":"how-silver-wheaton-gains-in-mining-slump","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1631","title":{"rendered":"How Silver Wheaton gains in mining slump"},"content":{"rendered":"<p><strong>By Pav Jordan<\/strong><br \/>\n<em>The Globe and Mail<\/em><\/p>\n<figure id=\"attachment_1633\" aria-describedby=\"caption-attachment-1633\" style=\"width: 160px\" class=\"wp-caption alignright\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1633\" title=\"smallwood160\" src=\"http:\/\/www.juniorminingnews.com\/wp-content\/uploads\/2013\/03\/smallwood160.jpg\" alt=\"\" width=\"160\" height=\"226\" \/><figcaption id=\"caption-attachment-1633\" class=\"wp-caption-text\">Randy Smallwood<\/figcaption><\/figure>\n<p>When Randy Smallwood goes hunting for a mine acquisition, he has one hard and fast rule: Bet on the asset, not the management team.<\/p>\n<p>Rather than a stinging rebuke of his mining brethren, the mantra is what has helped Mr. Smallwood, a geological engineer by training, build Silver Wheaton Corp. into the world\u2019s largest precious metals streaming company after he helped found it in 2004.<\/p>\n<p>\u201cWe look for management-proof projects,\u201d the chief executive officer of Vancouver-based Silver Wheaton said during a recent visit to Toronto. \u201cWe want assets that will be good under any management team.\u201d<\/p>\n<p>Silver Wheaton makes its money by purchasing streams of future silver and gold production from companies that mine it as a byproduct; Silver Wheaton can then sell the precious metals into the spot market, usually at a higher price.<\/p>\n<p><a href=\"http:\/\/www.theglobeandmail.com\/report-on-business\/industry-news\/energy-and-resources\/how-silver-wheaton-prospers-despite-mining-slump\/article10100901\/\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When Randy Smallwood goes hunting for a mine acquisition, he has one hard and fast rule: Bet on the asset, not the management team.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1631"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1631"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1631\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}