Zolotnik Zolotnik A zolotnik (in Russian: золотни́к; abbr.: zol.) was a small Russian unit of weight, equal to 0.1505 avoirdupois ounces, or 4.2658 grams (about 65.83 grains). Used from the 10th to 20th centuries, its name is derived from the Russian word "zoloto", meaning gold. As a unit, the zolotnik was the standard for silver manufacture, much as the troy ounce is currently used for gold and other precious metals. This unit was originally based on a coin of the same name. The zolotnik circulated in the Kievan Rus until the 11th century; it was equal in weight to the Byzantine
Wheaton Precious Metals Corporation Wheaton Precious Metals Corporation Silver Wheaton Corp. is a no longer pure play silver mining company but still the largest in the business of silver streaming. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies (including Barrick Gold and Goldcorp) as a by-product of their main operations. In 2016 Silver Wheaton reported attributable production totaling 30.4 million ounces of and 353,700 ounces of . The Company also reported record silver and gold sales for the year, generating net earnings of US$195 million on operating cash flows of $584 million. In Q1