Barrick Gold Corporation (USA) (ABX): Silver Wheaton Corp. (USA) (SLW)’s Giant Opportunity

Increasingly, Silver Wheaton has been willing to go beyond its silver focus to take on gold streams as well. The company’s agreement with Vale SA (ADR) (NYSE:VALE) in February retroactively applied back to the beginning of 2013 and will send gold from Vale’s Salobo and Sudbury mines to Silver Wheaton, helping the streamer diversify its portfolio and allow it to consider broader opportunities in the mining industry.

In Silver Wheaton Corp. (USA) (NYSE:SLW)’s report, watch for the latest figures on what the new deal with Vale brings to the company’s bottom line. Unless you think silver prices are down for the count, the recent plunge makes Silver Wheaton’s stock look a lot more promising for future growth.

The article Silver Wheaton’s Golden Opportunity originally appeared on

Motley Fool contributor Dan Caplinger owns shares of Silver Wheaton. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.