- Alexco Resources (NYSEMKT:AXU) says it reached agreement with Silver Wheaton (SLW) to amend the 2008 silver purchase agreement so that the fixed $3.90/oz. silver streaming production payment is replaced with a variable production payment based on the spot price of silver.
- The agreement applies to 25% of AXU's payable silver produced at its Keno Hill silver mining operations in Yukon, Canada.