US Launches $12 Billion Critical Minerals Stockpile Initiative
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy WPM?
Source: PRnewswire
- Critical Minerals Initiative: In February 2026, the U.S. launched a $12 billion critical minerals stockpile initiative aimed at securing domestic supplies of tungsten and copper through a public-private partnership, which is expected to benefit companies like GoldHaven Resources amid rising geopolitical tensions.
- Financing for Projects: GoldHaven Resources announced a $2 million critical mineral financing to issue 7,547,170 flow-through shares, with proceeds directed towards 3D geological modeling and drill planning for its Magno Polymetallic Project, facilitating advancements in drilling activities through 2026.
- Exploration Success: In 2025, GoldHaven's exploration yielded significant results, including silver grades up to 2,370 grams per tonne and tungsten values reaching 6,550 ppm, indicating substantial mineral potential and reinforcing its competitive position in the market.
- Regional Resource Control: GoldHaven now controls 133,186 hectares across British Columbia and Brazil, with the Magno property located just three kilometers from the historic Cassiar mining camp, providing infrastructure advantages that will support future resource development and market expansion.
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Analyst Views on WPM
Wall Street analysts forecast WPM stock price to fall
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 148.670
Low
118.00
Averages
137.91
High
160.00
Current: 148.670
Low
118.00
Averages
137.91
High
160.00
About WPM
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. The Company has approximately 35 streaming agreements. It also has approximately five royalty agreements. Its portfolio includes a diverse mix of gold, silver, palladium, platinum and cobalt streams from 18 operating mines and 28 development projects. Its operating portfolio includes Antamina, Blackwater, Constancia, Cozamin, Los Filos, Marmato, Neves-Corvo, Penasquito, Salobo, San Dimas, Stillwater & East Boulder, Sudbury, Voisey's Bay, and Zinkgruvan. The Company has also entered into a definitive agreement to acquire the Spring Valley Project located in Nevada, United States of America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Significant Revenue Growth: The company achieved revenues of $864.71 million, a 127.2% year-over-year increase, exceeding market expectations by $129.73 million, reflecting a strong recovery in business expansion and market demand.
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- Limitations of Gold: While gold has a long history as a store of wealth, its inability to appreciate means it should only represent a small portion of an investment portfolio, especially amid increasing economic and geopolitical uncertainties that challenge gold's appeal.
- Advantages of Royalty Companies: Companies like Franco-Nevada, Royal Gold, and Wheaton Precious Metals provide upfront cash to miners for the right to purchase precious metals at favorable prices in the future, enabling miners to expand without debt while locking in profits for themselves.
- Growth Potential: These companies not only pay dividends but can also grow their businesses by securing new streaming agreements with miners, offering a more direct financial benefit compared to cryptocurrencies and gold, making them suitable for long-term investors.
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- Advantages of Streaming and Royalty Companies: Companies like Franco-Nevada, Royal Gold, and Wheaton Precious Metals provide upfront cash to miners for the right to purchase precious metals at favorable prices, enabling miners to finance operations without incurring debt, thereby driving profit growth.
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- Production Restart Progress: LaFleur is advancing the restart of its Beacon Gold Mill, with production expected to resume in Q2 2026, having already spent about 30% of the total restart budget, indicating proactive management of costs while pushing forward with production plans.
- Improved Financing Position: The company successfully closed C$7.8 million in funding at the end of last year, providing financial backing for the restart of production, which strengthens LaFleur's position in the competitive gold mining market and enhances its project financing capabilities.
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