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Pan American Silver Corp. - PAAS STOCK NEWS

Welcome to our dedicated page for Pan American Silver news (Ticker: PAAS), a resource for investors and traders seeking the latest updates and insights on Pan American Silver stock.

Pan American Silver Corp. (PAAS) is a leading mining company dedicated to the exploration, development, and operation of silver and gold-producing properties. Founded with the mission to offer investors a prime opportunity to benefit from rising silver prices, the company has established itself as a prominent player in the global mining industry.

Pan American Silver operates a portfolio of seven silver mines located in Argentina, Peru, Mexico, and Bolivia. These include the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines. In addition to silver and gold, the company also produces and markets zinc, lead, and copper, diversifying its revenue streams and enhancing its market position.

The company is known for its commitment to sustainability and excellence in mining. It continuously seeks to increase low-cost silver production through high-quality assets and maintains a robust mine-site exploration program to replace mined silver reserves and resources. Pan American Silver also actively engages in greenfield exploration and business development initiatives to add new reserves and resources.

With an industry-leading team of professionals possessing extensive experience in operations, construction, and exploration, Pan American Silver leverages its expertise to generate strong cash flows and sustainable profits. The company aims to provide significant leverage to higher silver prices, making it a valuable investment for those seeking exposure to the precious metals market.

Recent achievements include advancements in exploration projects and successful operational efficiencies across its mines. Pan American Silver continues to focus on growth and profitability, positioning itself as a pre-eminent silver producer with a reputation for excellence in the industry.

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Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) released new exploration drill results for its Jacobina, El Peñon, La Colorada, Huarón and Timmins properties and for its La Colorada Skarn project. The drill program focused on near-mine exploration and resource conversion throughout its portfolio of operating mines. The mineral reserves and mineral resources update as at June 30, 2023, reflects only a portion of the 2023 drill program.
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Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) reports Q3 2023 results, reaffirming 2023 guidance for silver and gold production, with expectations at the low end of ranges. Recent sales of MARA project, Morococha mine, and Agua de la Falda interest to save $90 million in cash annually. Integration of Yamana assets expected to yield $40-60 million in annual savings.
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The global financial arena is experiencing economic uncertainty, which is driving the recovery of the precious metal market. Gold, silver, platinum, and palladium, considered safe-haven investments, have increased in value due to current market conditions.
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Pan American Silver Corp. to release Q3 2023 unaudited results
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Pan American Silver Corp. to restart operations at La Colorada mine in Mexico following temporary suspension due to security concerns.
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Pan American Silver Corp temporarily suspends operations at La Colorada mine due to security concerns
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Pan American Silver Corp. has acquired 5,083,780 common shares of New Pacific Metals Corp. for approximately C$13.5 million, representing 11.6% of the outstanding shares.
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Pan American Silver Corp. completes divestment of MARA project and Morococha mine, reducing costs and optimizing portfolio.
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Pan American Silver Corp. to host ESG conference call on October 19, 2023
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Pan American Silver Corp. reports estimated mineral reserves and resources, including assets acquired through the Yamana Gold Inc. transaction. Proven and probable mineral reserves contain approximately 576.6 million ounces of silver and 12.9 million ounces of gold. Measured and indicated mineral resources total approximately 959.1 million ounces of silver and 17.5 million ounces of gold. Inferred mineral resources total 479.4 million ounces of silver and 9.2 million ounces of gold. Pan American plans to complete over 480,000 meters of drilling in 2023.
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FAQ

What is the current stock price of Pan American Silver (PAAS)?

The current stock price of Pan American Silver (PAAS) is $20.58 as of December 20, 2024.

What is the market cap of Pan American Silver (PAAS)?

The market cap of Pan American Silver (PAAS) is approximately 7.6B.

What is Pan American Silver Corp's primary business?

Pan American Silver Corp primarily focuses on the exploration, development, and operation of silver and gold-producing properties.

Where are Pan American Silver Corp's mines located?

The company operates seven silver mines located in Argentina, Peru, Mexico, and Bolivia.

What other metals does Pan American Silver Corp produce?

Besides silver and gold, the company also produces and sells zinc, lead, and copper.

How does Pan American Silver Corp ensure the replacement of mined reserves?

The company has a successful mine-site exploration program and greenfield exploration initiatives to replace and add new silver reserves and resources.

What is Pan American Silver Corp's strategy for growth?

The company focuses on increasing low-cost silver production, efficient operations, and exploring new growth opportunities through its business development initiatives.

How does Pan American Silver Corp contribute to sustainability in mining?

Pan American Silver is committed to sustainable development practices, ensuring environmental stewardship and community engagement in its operations.

Who leads Pan American Silver Corp?

The company boasts an industry-leading team of experienced professionals in mining operations, construction, and exploration.

What is the vision of Pan American Silver Corp?

Pan American Silver aims to be the world’s leading silver producer, recognized for excellence in discovery, engineering, and sustainable development.

What recent achievements has Pan American Silver Corp made?

The company has made significant advancements in exploration projects and operational efficiencies, contributing to its growth and profitability.

Why should investors consider Pan American Silver Corp?

Investors should consider the company for its strong cash flows, sustainable profits, and significant leverage to higher silver prices.

Pan American Silver Corp.

NYSE:PAAS

PAAS Rankings

PAAS Stock Data

7.58B
353.56M
0.07%
61.31%
2.91%
Gold
Basic Materials
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United States of America
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