Welcome to our dedicated page for Pan Amern Silver news (Ticker: PAAS), a resource for investors and traders seeking the latest updates and insights on Pan Amern Silver stock.
Pan American Silver Corp. reports news on silver and gold mining operations, exploration and development across the Americas. Company updates commonly cover mine operating results, silver and gold production, costs, cash flow, and capital allocation through dividends and common share repurchases under its normal course issuer bid.
Recurring announcements also address the La Colorada mine in Zacatecas, Mexico, including skarn project studies, high-grade vein drilling, mineral resource work and technical reports. Governance news includes annual meeting materials, director elections, auditor appointments and say-on-pay results.
Pan American Silver (NYSE: PAAS) has announced significant exploration results at its La Colorada mine in Zacatecas, Mexico, revealing multiple high-grade silver zones. The exploration program, conducted from November 2024 to June 2025, completed approximately 65,000 metres of drilling across 170 holes.
Key discoveries include extensions to the Mariana and NC2 vein systems, with Mariana now spanning 1,000 metres in strike length and NC2 exceeding 2,000 metres. Notable intercepts include 3.66m @ 3,844 g/t Ag in the Mariana vein and 2.27m @ 5,876 g/t Ag in the NC2 vein. The company also identified a new high-grade silver and base metal replacement mineralization style at the volcanic-sedimentary contact in the southeastern mine area.
These discoveries will be reflected in Pan American's updated mineral resources estimate as of June 30, 2025, suggesting potential for significant resource expansion and extended mine life.
Pan American Silver (NYSE: PAAS) has received approval from Mexico's Federal Economic Competition Commission (COFECE) for its acquisition of MAG Silver Corp. (NYSE American: MAG). The transaction is set to complete on September 4, 2025.
MAG shareholders can choose between $20.54 in cash per share or the default option of $0.0001 cash plus 0.755 Pan American shares per MAG share. The total deal includes $500 million in cash with remaining consideration in Pan American shares. The election deadline for registered MAG shareholders is August 27, 2025, at 2:00 p.m. Vancouver time.
Pan American Silver (NYSE: PAAS) has appointed Pablo Marcet to its Board of Directors, effective immediately. Marcet brings over 35 years of international mining experience across the Americas and Africa, with expertise in exploration, development, and operations.
As an Argentine national and former senior executive at companies including BHP, Northern Orion Resources, and Orosur Mining, Marcet currently serves as Executive Director of Piche Resources and President of Geo Logic. He holds an MBA from the University of Phoenix, a Master's in Economic Geology from Harvard University, and a BS in Geology from the University of the Pacific.
Pan American Silver (NYSE: PAAS) reported record Q2 2025 results with net earnings of $189.6 million ($0.52 per share) and record free cash flow of $233.0 million. The company achieved silver production of 5.1 million ounces and gold production of 178.7 thousand ounces, generating revenue of $811.9 million.
Key highlights include a 20% dividend increase to $0.12 per share, and a record cash balance of $1.1 billion. The company announced plans to invest $500.0 million to acquire MAG Silver Corp., which is expected to increase silver production by 35%. Pan American maintains its 2025 production guidance and reported Silver Segment AISC of $19.69 per silver ounce and Gold Segment AISC of $1,611 per gold ounce.
Pan American Silver (NYSE: PAAS) has scheduled the release of its Q2 2025 unaudited results for August 6, 2025, after market close. The company will host a conference call and webcast to discuss the results on August 7, 2025, at 11:00 am ET.
Participants can access the call through online registration or by dialing toll-free numbers. The presentation slides and quarterly report will be available on Pan American's website, with the webcast archive accessible for three months following the event.
Pan American Silver (NYSE: PAAS) has released its 2024 Sustainability Report, marking its 15th annual publication. The report highlights significant ESG achievements, including a reduction in water usage by 220,000 m3 and progress toward their goal of reducing Scope 1 and 2 GHG emissions by 30% by 2030. The company invested $20.3 million in local communities and improved gender diversity with women representing 23% of new hires.
Notable accomplishments include completing a new filter tailings storage facility at the Huaron mine in Peru and evaluating 264 suppliers through a new due diligence platform. Pan American's ESG performance earned recognition from S&P Global, placing the company in the top 7% of the Metals & Mining industry. Additionally, MSCI Inc. upgraded Pan American's ESG score from BBB to A.
Pan American Silver (NYSE: PAAS) held its annual general and special meeting on May 7, 2025, with 68.52% of shareholders (248,138,835 shares) participating. Shareholders approved all proposed matters, including:
- Setting the board size to nine directors (99.51% approval)
- Election of all nine director nominees with strong support (ranging from 80.65% to 99.75%)
- Appointment of Deloitte LLP as auditors (89.98% approval)
- Advisory vote on executive compensation "say-on-pay" (95.38% approval)
Notable director election results include Michael Steinmann receiving the highest approval at 99.75%, while Neil de Gelder received the lowest at 80.65%.
Pan American Silver (NYSE: PAAS) (TSX: PAAS) has scheduled the release of its first quarter 2025 unaudited results after market close on Wednesday, May 7, 2025. The company will host two key events:
1. A Conference Call and Webcast on May 8, 2025, at 11:00 am ET to discuss Q1 results. Participants can join via pre-registration or dial-in numbers: 1-833-752-3507 (toll-free in Canada and U.S.) or 1-647-846-7282 (International).
2. The Annual General and Special Meeting of Shareholders on May 7, 2025, at 3:00 pm PT, to be held at 1200 Waterfront Centre, Vancouver. Meeting materials are available on the company's website, though the meeting will not be webcast.
Pan American Silver (NYSE: PAAS) has announced the renewal of its normal course issuer bid to purchase up to 18,107,917 common shares, representing 5% of its outstanding shares as of February 28, 2025. The buyback program will run from March 6, 2025, to March 5, 2026, through the TSX and NYSE.
Under the current buyback program ending March 5, 2025, the company has already purchased 2,629,378 shares at an average price of C$23.47. The new program will allow maximum daily purchases of 186,936 shares on TSX and 25% of average daily trading volume on NYSE.
The company believes its share price may not fully reflect the underlying value of its mining operations and growth prospects. Purchases will be funded through working capital, with all acquired shares being cancelled. Pan American has established an automatic securities purchase plan with National Bank Financial for consistent repurchases.