Australia's Evolution Mining has agreed to buy Glencore's Ernest Henry Mining copper-gold mine in Queensland, with Glencore taking 100% of the copper output.
Country has long hailed its as-yet largely untapped deposits of gold and copper, among other minerals, as the future of its mining industry, especially amid output and price troubles for coal.
Wheaton has agreed to purchase 50% of the silver production from the British Columbia mine until approximately 18 million oz of silver have been delivered.