Wheaton Precious Metals (NYSE:WPM) announced Wednesday a bold move to acquire existing metals streams worth $530M from Orion Resource Partners in addition to a new precious metals stream.

The company will be entitled to purchase 62.5% of the payable gold stream from the Platreef Project in South Africa until a total of 218,750 oz of gold has been delivered, at which point the company would be entitled to purchase 50% of payable gold production until 428,300 oz are delivered under the stream.

In addition, Wheaton (WPM) will be entitled to purchase 5.25% of payable palladium and platinum until a total of 350K oz have been received, at which point the stream will be reduced to 3% of payable palladium and platinum production until 485,115 oz have been delivered.

Under the Kudz Ze Kayah streams located in Yukon, Canada, Wheaton (WPM) said it will be entitled to purchase staged percentages of payable gold and payable silver of 6.875%-7.375% until 330K oz of gold and 43.3M oz of silver are produced and delivered, reducing to a range of 5.625%-6.125% until a further 59,800 oz of gold and 7.96M oz of silver are produced and delivered.

Finally, under the Curraghinalt stream in the U.K.’s Northern Ireland, Wheaton (WPM) will purchase 3.05% of the payable gold until 125K oz of gold have been delivered, at which point the stream will be reduced to 1.5% of payable gold production for life of mine.