Higher Silver Price Boosts Silver Wheaton Profits

Reuters reported that Silver Wheaton’s (NYSE:SLW) profits were up 20% due to higher metals prices.

As quoted in the market news:

Vancouver-based Silver Wheaton expects a 6 percent increase in its 2012 attributable production to about 27 million silver equivalent ounces, including 16,500 ounces of gold.

Click here to read the full Reuters report.