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Pan Amern Silver (PAAS) Stock News

PAAS NYSE

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.

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Pan American Silver (NYSE: PAAS, TSX: PAAS) will release its unaudited second quarter 2024 financial results after the market closes on Wednesday, August 7, 2024.

A conference call and webcast will take place on Thursday, August 8, 2024, at 11:00 am ET (8:00 am PT).

Dial-in numbers for the event are 1-888-259-6580 (toll-free in Canada and the U.S.) or +1-416-764-8624 for international participants, using Conference ID: 79828819.

The live webcast, presentation slides, and the report will be accessible at Pan American Silver's website. The webcast archive will be available for three months.

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Pan American Silver (NYSE: PAAS) releases mid-year exploration update for Jacobina, El Peñon, La Colorada, and Huaron properties, showcasing potential for further mineral resource growth. Key highlights include significant drill results from La Colorada and El Peñon, indicating high silver grades and potential new vein structures. From November 2023 to April 2024, a total of 223,157 meters were drilled, with plans to drill an additional 200,000 meters by December 2024. Upcoming resource updates are expected in August 2024.

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Pan American Silver (NYSE: PAAS, TSX: PAAS) has released its 2023 Sustainability Report, detailing its ESG (environment, social, and governance) achievements.

Key highlights include zero fatalities, a record low injury frequency rate of 0.69, and a lowest injury severity rate of 40. The company invested $14.7 million in local communities and spent over $2 billion on wages, supplies, services, and taxes.

Pan American rehabilitated 89 hectares of land, received approval for the Manantial Espejo social closure plan, and trained 100% of its security personnel in human rights. Women were hired for 24% of vacant positions.

The report incorporates GRI Standards, SASB Standards, and TCFD framework. Pan American also completed the Yamana Gold acquisition, adding four new mines. Recognized by S&P Global and Sustainalytics, Pan American ranks in the top 10% for ESG performance in the Metals & Mining industry.

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Pan American Silver Corp. announced the results of its annual general and special meeting held on May 8, 2024, in Vancouver, British Columbia. Shareholders voted in favor of all matters, including setting the number of directors at nine, electing management's nominees as directors, appointing auditors, and accepting the company's approach to executive compensation. The voting results were overwhelmingly positive, with high percentages in favor of the resolutions.

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Pan American Silver Corp. reports strong Q1 2024 results with $601.4 million in revenue and $133.2 million cash flow from operations. The company progressed major projects, returned $58.0 million to shareholders, and agreed to sell La Arena asset for $245 million. Pan American reaffirms its 2024 guidance, maintains working capital of $693.5 million, and repurchased 1.7 million shares. Project updates show investments across various mines. The sale of La Arena mine is expected to be completed in Q3 2024.

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Pan American Silver Corp. (NYSE: PAAS) has agreed to sell its 100% interest in La Arena S.A. for US$245 million cash upfront and a US$50 million contingent payment to Zijin Mining Group Co., The sale includes the La Arena gold mine and the La Arena II project in Peru, with Pan American retaining a 1.5% gold net smelter return royalty for La Arena II. The transaction aims to optimize the company's portfolio, strengthen its financial position, and focus on capital allocation priorities.

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FAQ

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

The current stock price of Pan Amern Silver (PAAS) is $48.24 as of August 5, 2026.

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

The market cap of Pan Amern Silver (PAAS) is approximately 18.9B.