VANCOUVER, BC, July 2, 2025 /PRNewswire/ – Building momentum from its successful inaugural year, Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) is reigniting its Future of Mining Challenge, calling on innovators worldwide to submit groundbreaking solutions for enhancing operational efficiencies and reducing environmental footprints across the mining sector.
“Continuous innovation is not just a buzzword; it’s imperative for responsibly meeting the escalating global demand for vital minerals and metals. This principle is the very engine driving Wheaton’s Future of Mining Challenge,” stated Randy Smallwood, President and CEO of Wheaton Precious Metals. “As a trusted partner to many of the world’s premier mining enterprises, Wheaton is uniquely positioned to champion advancements that ensure the sustainable delivery of essential commodities and materials.”
For the exciting 2025/26 iteration of the challenge, Wheaton is set to award $1 million to a cleantech venture whose innovative technology promises to revolutionize water management within the mining industry.
“Our core mission with the Future of Mining Challenge is to identify and nurture emerging technologies,” commented Patrick Drouin, Chief Sustainability Officer at Wheaton Precious Metals. “We sincerely hope this award will propel the winning technology closer to full commercial realization.”
Cleantech pioneers globally are encouraged to participate. Expressions of interest will be accepted until close of business on Friday, August 29, 2025. Following a thorough review of all submissions, select ventures will be invited to present their full applications in September 2025.
This year’s initiative sees Wheaton collaborating with the University of British Columbia’s Sauder School of Business, leveraging a dedicated team with profound expertise in venture creation and early-stage innovation support.
The recipient of the 2025/2026 Future of Mining Challenge will be unveiled in March 2026, coinciding with the prestigious PDAC Convention in Toronto, arguably the planet’s most significant gathering for the mining community.
For comprehensive details on Wheaton’s Future of Mining Challenge and submission guidelines, please visit www.futureofmining.ca.
About Wheaton Precious Metals Corp.
Wheaton Precious Metals stands as the preeminent precious metals streaming company globally, offering its shareholders diversified exposure to a high-quality portfolio of low-cost, long-life mining assets strategically located worldwide. Through astute streaming agreements, Wheaton forms vital partnerships with mining companies, securing a stake in their future precious metals output. With an unwavering commitment to responsible mining practices, Wheaton upholds industry-leading due diligence standards, aiming to unlock enduring shareholder value while simultaneously bolstering the broader mining industry’s capacity to supply society’s critical material needs by providing essential capital.
Wheaton’s shares are publicly traded on the Toronto Stock Exchange, the New York Stock Exchange, and the London Stock Exchange, all under the ticker symbol WPM. Discover more about Wheaton Precious Metals at www.wheatonpm.com or engage with us on social media.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as defined by the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. These statements pertain to Wheaton’s business, operations, and financial performance. Forward-looking statements, distinguished from historical facts, include, but are not limited to, projections concerning the success and commercialization potential of innovative mining technologies, and Wheaton’s ESG and climate change strategies, targets, commitments, and climate scenario analyses across its operations and at its mineral stream interests. Such statements are inherently subject to known and unknown risks, uncertainties, and other factors that could cause actual results, activity levels, performance, or achievements to deviate materially from those expressed or implied. These risks include, but are not limited to, the ability to identify promising mining technologies, their potential for success and commercialization, and the achievement of ESG and climate change objectives. Further details on these risks are available in Wheaton’s Annual Information Form for the year ended December 31, 2024, and its Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2024, both accessible on SEDAR+, and in Wheaton’s Form 6-K filed March 13, 2025, available on EDGAR. These forward-looking statements are predicated on management’s current assumptions, including, but not limited to, Wheaton’s ability to identify innovative mining technology, achieve its ESG and climate change commitments, stable commodity prices, accurate production and reserve estimates, the continued operation of mining operations supplying Wheaton, the fulfillment of contractual obligations, and the accuracy of Wheaton’s application of the CRA Settlement, including its assessment of no material changes in facts or law since 2010, and potential tax audits.
View original content:https://www.prnewswire.com/news-releases/wheaton-precious-metals-announces-return-of-1-million-future-of-mining-challenge-to-foster-innovation-in-the-mining-industry-302497289.html
SOURCE Wheaton Precious Metals Corp.
Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/3875.html
