Pan American Silver has acquired 5,083,780 common shares of New Pacific Metals, at C$2.65 per Common Share for total investment value of approximately C$13.5 million, under the approximately C$35 million bought deal financing New Pacific announced on Sept 25, 2023. Upon completion of the Offering, which occurred on September 29, 2023, Pan American owns, directly and indirectly, 19,807,848 Common Shares representing [...]
Pan American Silver Corp. has completed the previously announced divestment of its 56.25% interest in the MARA project in Argentina and its 92.3% interest in the Morococha mine in Peru. The sale of these non-core assets is aligned with Pan American's stated aim of optimizing its portfolio following the acquisition of Yamana Gold Inc. The transactions will allow Pan American to reduce its annual project development [...]
Pan American Silver Corp. will host a call to discuss Pan American's environmental, social and governance efforts and developments on October 19, 2023 at 11:00 am ET . This year's call will be in the format of a fireside chat with Pan American's President and CEO, Michael Steinmann, and Senior Vice President, Corporate Affairs and Sustainability, Brent Bergeron, who will provide an update on Pan American's ESG approach [...]
Pan American Silver Corp. reports its estimated mineral reserves and mineral resources as at June 30, 2023, inclusive of the assets acquired through the Yamana Gold Inc. transaction. Please see the Company's news release dated March 31, 2023, announcing the completion of the Yamana transaction for further information. Proven and probable mineral reserves are estimated to contain approximately 576.6 million ounces of [...]
Pan American Silver Corp. today reported unaudited results for the quarter ended June 30, 2023 , inclusive of the assets acquired through the Yamana Gold Inc. transaction, which closed on March 31, 2023. "Our Q2 2023 results show the significant enhancement in the scale and quality of our portfolio following the strategic acquisition of Yamana. Production is up 55% for silver and 102% for gold compared with the prior [...]
Pan American Silver Corp. is pleased to announce the status of our divestment of certain non-core assets, including the sale of our interest in the MARA project in Argentina, the Morococha mine in Peru, and the Agua de la Falda project in Chile. "The sale of these non-core assets is aligned with our stated aim of optimizing our portfolio following the Yamana acquisition. These transactions not only reaffirm our commitment [...]
Pan American Silver Corp. will release its unaudited results for the second quarter of 2023 after market close on Wednesday, August 9, 2023. A conference call and webcast is planned for 11:00 am ET on August 10, 2023. Q2 2023 Unaudited Results Conference Call and Webcast Date: August 10, 2023 Time: 11:00 am ET Dial-in numbers: 1-888-886-7786 +1-416-764-8658 Conference ID: 71222615 Webcast [...]
Orex Minerals Inc. as operator of the joint venture, have secured surface access and core storage facilities for exploration on the Sandra Silver-Gold Project, located on lands of the Ejido "Escobar y Anexos" in Guanacevi, Durango, Mexico. The Sandra Project is held by Empresa Minera Sandra-Escobar S.A. de C.V., a 60:40 joint venture between Pan American Silver Corp. and Orex. A signing ceremony with the executives of the [...]
Pan American Silver Corp. today released its 2022 Sustainability Report describing Pan American's approach and performance in the areas of environment, social and governance in 2022. The Report also includes our 2023 goals for ESG performance. A Spanish version of the Report will be released shortly. Highlights of Pan American's 2022 ESG performance include: Reduced greenhouse gas emissions by 19% compared to the 2022 [...]
Pan American Silver Corp. and its wholly-owned subsidiary, Pan American Silver Corp. , have sold an aggregate of 4,200,000 common shares of Anacortes Mining Corp. on May 17, 2023, pursuant to a private agreement . Pursuant to the Sale, Pan American received C$0.41 per common share of Anacortes, for aggregate gross proceeds of C$1,722,000. Pan American now owns, directly and indirectly, less than 10% of the issued and [...]
Pan American Silver Corp. reported the voting results from its annual general and special meeting of shareholders held on May 10, 2023, in Vancouver, British Columbia . Each of the matters voted upon at the Meeting are described in detail in the Company's Management Information Circular dated March 17, 2023, which is available on the Company's website at [...]
Pan American Silver Corp. today reported unaudited results for the quarter ended March 31, 2023 . "Pan American reported solid results for the first quarter of 2023, with adjusted earnings of $0.10 per share," said Michael Steinmann, President and Chief Executive Officer. "Going forward, Pan American will be a significantly larger, more diversified company following our acquisition of Yamana. Our guidance for 2023 [...]