Investors
Investors

Production

Year Ended December 31, 2008

  Ounces produced Ounces
sold
Sales
(US$000’s)
Average realized
silver price ($'s per ounce)
Total cash
cost
(US$'s per ounce)2
Net earnings
(loss)
(US$000's)
Cash flow from operations (US$000's)

Silver (000's)

Luismin 5,261 5,434 $81,293 $14.96 $3.97 $57,464 $59,735
Zinkgruvan 1,695 1,563 23,476 15.02 3.96 14,840 17,773
Yauliyacu 3,184 2,777 42,634 15.35 3.90 22,159 31,806
Stratoni 1,139 947 14,418 15.22 3.90 7,233 10,345
Peñasquito 339 288 3,411 11.84 3.90 1,591 2,287
Campo Morado 138  
Other 3 159 128 1,487 11.62 3.90 51 988
Corporate           (86,086) (11,792)
  11,915 11,137 $166,719 $14.97 $3.94 $17,252 $111,142
  1. Ounces produced represent the quantity of silver and gold contained in concentrate or doré prior to smelting or refining deductions.       
  2. Refer to discussion on non-GAAP measures below.
  3. Includes La Negra.

Nine Months Ended September 30, 2009

 
  Ounces produced2 Ounces
sold
Sales
(US$000's)
Average
realized price
(US$'s per ounce)
Total cash cost
(US$'s per ounce) 3
Total depletion (US$'s per ounce) Net earnings (loss) (US$000's) Cash flow from operations (US$000's)









Silver (000's)

 


 


 


 


 


 


 


 

 









Luismin

4,016

4,034 $55,701 $13.81 $4.02 $0.71 $36,609 $39,483
Zinkgruvan 1,356 1,353 19,023 14.06 4.02 1.78 11,175 12,793
Yauliyacu 2,359 1,987 26,881 13.53 3.93 3.47 12,184 19,082
Stratoni 699 690 8,780 12.71 3.90 3.59 3,605 6,201
Peñasquito 487 455 6,106 13.42 3.90 2.35 3,260 4,331
Campo Morado 610 305 4,180 13.67 3.90 4.85 1,506 2,987
Minto 84 67 1,036 15.31 3.90 4.48 469 808
Cozamin 628 597 8,671 14.53 4.00 4.70 3,479 7,617
Barrick 4 223 187 3,008 16.07 3.90 3.46 1,631 2,278
Other 5 638 395 5,648 14.28 3.90 5.80 1,812 3,765
Corporate




(12,388) (9,914)

11,100 10,070 $139,034 $13.80 $3.97 $2.31 $63,342 $89,431
Gold
















Minto 10,521 10,098 $9,708 $961 $300 $288 $3,773 $5,522







Silver Equivalent
(000's) 6
11,761 10,708 $148,742 $13.89 $4.02 $2.44 $67,115 $94,953

  1. Ounces produced represent the quantity of silver and gold contained in concentrate or doré prior to smelting or refining deductions.        
  2. Certain production figures are based on management estimates.        
  3. Refer to discussion on non-GAAP measures below.        
  4. Comprised of Lagunas Norte, Pierina and Veladero mines .        
  5. Comprised of La Negra, Mineral Park and Neves-Corvo mines.        
  6. Gold ounces produced and sold are converted to a silver equivalent basis on the ratio of the average silver price received to the average gold price received during the period. 

Non-GAAP Measures - Total Cash Costs Per Ounce Of Silver & Gold Calculation

Silver Wheaton has included certain non-GAAP performance measures, including total cash costs of silver and gold on a sales basis. These non-GAAP measures do not have any standardized meaning prescribed by GAAP, nor are they necessarily comparable with similar measures presented by other companies. Cash costs are presented as they represent an industry standard method of comparing certain costs on a per unit basis. The Company believes that certain investors use this information to evaluate the Company’s performance. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. During the three months ended September 30, 2009, the Company’s total cash costs, which were equivalent to the Company’s Cost of Sales in accordance with GAAP, were $3.97 per ounce of silver and $300 per ounce of gold (2008 – $3.93 per ounce of silver).

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