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 (PAAS) delivers comprehensive updates on its silver and gold mining operations across Latin America. This dedicated news hub provides investors with timely access to official announcements, financial reports, and operational developments from one of the sector's most established producers.
Track key updates including quarterly earnings, resource exploration progress, and strategic initiatives. Our curated collection ensures transparency into PAAS's commitment to low-cost production, sustainable practices, and reserve expansion through brownfield and greenfield projects.
Discover updates on mine-site efficiencies, metal output trends, and leadership insights. Content spans acquisitions, technical innovations, and ESG milestones relevant to precious metals markets. Bookmark this page for streamlined access to verified information impacting PAAS investment landscape.
On November 4, 2022, Pan American Silver Corp (PAAS) and Agnico Eagle Limited (AEM) announced a definitive binding offer to acquire Yamana Gold Inc. The transaction includes the exchange of each Yamana Share for approximately $1.04 in cash and shares of Pan American and Agnico Eagle, valuing Yamana at $5.02 per share. This deal would consolidate ownership of the Canadian Malartic mine and enhance Pan American's production capacity in Latin America. The offer is deemed a 'Superior Proposal' and is not subject to financing conditions, aiming to complete by Q1 2023.
Pan American Silver Corp. (NASDAQ: PAAS) has announced the results from 45 new drill holes at its La Colorada Skarn project in Zacatecas, Mexico, totaling 34,239 meters. The latest data includes five new holes that expand a high-grade mineralization zone, measuring approximately 200 meters in diameter and up to 250 meters vertically. Notable grades include D-96-06-22 with 58.30 meters at 417 g/t Ag, and D-96-05-22 with 39.75 meters at 334 g/t Ag. Further drilling is planned, aimed at enhancing resource definitions.
Pan American Silver Corp. (NASDAQ: PAAS) will release its third-quarter 2022 unaudited financial results on November 9, 2022, post-market close. A conference call to discuss these results is scheduled for November 10, 2022, at 11:00 am ET (8:00 am PT). Participants can access the call via toll-free numbers or through a webcast. The presentation slides will be available on the company’s website, and an archived webcast will be accessible for three months.
Pan American Silver operates silver and gold mines in Latin America, boasting a strong reputation in sustainability and financial management.
Pan American Silver Corp. (NASDAQ: PAAS) has announced an updated mineral resource estimate for its La Colorada Skarn deposit in Mexico. The indicated resource now totals 95.9 million tonnes containing 94.4 million ounces of silver, while the inferred resource is 147.8 million tonnes with 132.9 million ounces of silver. This marks a significant increase from previous estimates. The resource estimate is based on extensive drilling and incorporates a cut-off value of US$45 per tonne. The deposit remains open for expansion, promising potential for long-term production.
Pan American Silver Corp. (NASDAQ: PAAS) reported estimated mineral reserves and resources as of June 30, 2022. The proven and probable mineral reserves contain approximately 514.9 million ounces of silver and 3.6 million ounces of gold. Over the past year, the company successfully replaced 11 million ounces of silver and 96.1 thousand ounces of gold reserves. Notably, La Colorada added 7.3 million ounces of silver reserves. The company also reported increases in both measured and indicated mineral resources by 20.7 million ounces of silver.
Pan American Silver Corp. (NASDAQ: PAAS) reported its Q2 2022 results, showing silver production at 4.5 million ounces and gold production at 128.3 thousand ounces. Revenue declined to $340.5 million, with a significant net loss of $173.6 million attributed to a $99.1 million impairment at the Dolores mine. Cash flow from operations was $20.8 million, and the company declared a cash dividend of $0.11 per share. The outlook for 2022 was updated, anticipating production at the low end of estimates due to challenges at Dolores and increasing costs. Working capital stood at $513.9 million.
Pan American Silver Corp. (NASDAQ: PAAS) announced promising results from 22 new drill holes at the La Colorada Skarn project, totaling 18,071 metres. Notably, drill hole D-96-03-22 yielded a remarkable intercept of 295.5 metres at 234 g/t Ag, including 97.0 metres at 654 g/t Ag. These results support the significant size and quality of mineralization, indicating potential extensions to the deposit. An updated mineral resource estimate is expected in Q3 2022, though the latest drill results will not be included.
Pan American Silver Corp. (NASDAQ: PAAS) has announced it will release its unaudited results for Q2 2022 after market close on August 10, 2022. The company plans a conference call and webcast on August 11, 2022, at 11:00 am ET. Interested participants can join via webcast or by dialing into the conference call. Pan American Silver operates silver and gold mines across several countries, including Mexico and Peru, boasting significant silver reserves and a strong operational reputation.
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