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) generates a steady flow of news related to its silver and gold mining operations across the Americas. The company describes itself as a leading producer of silver and gold, with operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina, a 44% joint venture interest in the Juanicipio mine in Mexico, and a 100% interest in the Escobal mine in Guatemala that is currently not operating. Its news releases cover operational performance, exploration results, corporate transactions and governance developments.
Investors following PAAS news can expect regular updates on quarterly financial and operating results, including attributable production of silver, gold and by-product base metals, as well as segment-level cash costs and all-in sustaining costs. The company also reports on changes to dividends, share repurchase activity under its normal course issuer bid and available liquidity, providing insight into its capital allocation decisions.
A significant portion of Pan American’s news flow focuses on exploration and mineral resource growth. Recent releases have highlighted discovery of multiple high-grade silver zones at the La Colorada mine in Mexico, year-end exploration updates for mines such as Jacobina, El Peñon, Huaron, Timmins, Minera Florida and Cerro Moro, and annual mineral reserve and mineral resource statements as at June 30, 2025. These updates detail drilling programs, extensions of known vein systems and new mineralization styles.
Corporate and strategic news items include the completion of the acquisition of MAG Silver Corp., regulatory approvals for that transaction, investments in companies such as Galleon Gold Corp., and board and management changes. Earnings release announcements and details of associated conference calls and webcasts are also regularly disclosed. Readers interested in PAAS can use this news stream to track operational trends, exploration progress, portfolio changes and key corporate decisions over time.
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Pan American Silver Corp. (NYSE: PAAS) announced that its subsidiary, Yamana Gold Inc., is initiating consent solicitations to amend the indenture related to its 4.625% Notes due 2027 and 2.630% Senior Notes due 2031. This process follows the court-approved acquisition of Yamana by Pan American, resulting in Yamana’s shares being delisted from major stock exchanges. The proposed amendments would allow Pan American to provide financial reporting in lieu of Yamana's obligations under the indenture. The consent solicitations will expire on May 4, 2023, and eligible noteholders can receive a cash payment of $1.50 per $1,000 principal amount for providing valid consents before the expiration time.
Pan American Silver Corp. (NYSE: PAAS) announced its 2023 production and cost guidance following the completion of its acquisition of Yamana Gold on
Pan American Silver Corp. (NYSE: PAAS) is set to release its unaudited results for Q1 2023 after market close on May 10, 2023. The company will conduct its Annual General and Special Meeting of shareholders at 6:00 PM ET on the same day, located at 1200 Waterfront Centre, Vancouver, British Columbia. A conference call to discuss the results will take place on May 11, 2023, at 11:00 AM ET. Interested parties can join via dial-in numbers provided for both toll-free and international access, or through a webcast with presentation slides available for three months thereafter. For further details regarding the Shareholders Meeting and conference call, visit the company’s investor relations webpage.
Pan American Silver Corp. (NASDAQ: PAAS) will transfer its listing from the NASDAQ to the New York Stock Exchange (NYSE), starting April 18, 2023, under the same ticker symbol 'PAAS'. The shares will continue to trade on NASDAQ until market close on April 17, 2023. This move follows Pan American's significant transaction with Yamana Gold Inc., enhancing its silver and gold operations in Latin America. CEO Michael Steinmann expressed that the NYSE listing will provide a robust platform for capital market visibility. The company operates mines in several countries, including Canada, Mexico, and Peru, and holds a strong reputation for sustainability and financial management.
Pan American Silver Corp. has successfully completed the acquisition of all common shares of Yamana Gold Inc. This move follows Yamana's sale of Canadian assets to Agnico Eagle Mines Limited. The acquisition significantly enhances Pan American's operational scale in Latin America, increasing production capacity for silver and gold. Pan American gains four producing mines and a development project from this deal. Post-acquisition, existing Pan American shareholders hold approximately 58% of the company. Furthermore, Pan American has amended its credit facility, raising it to $750 million, to support this acquisition.
Pan American Silver Corp. (NASDAQ: PAAS) reported its Q4 2022 and FY 2022 financial results, reflecting challenges like inflation and production cost increases. Q4 revenue was $375.5 million, down from $422.2 million the previous year, impacted by inventory build-up. The company faced a net loss of $172.1 million, or $0.82 loss per share, while total revenue for FY 2022 was $1.5 billion. Cash flow from operations was negative at $112.1 million in Q4. Notably, the acquisition of Yamana Gold was approved, expected to diversify and strengthen Pan American’s portfolio. A $0.10 dividend per share was declared for March 2023.
Pan American Silver Corp. (NASDAQ: PAAS) announced that shareholders overwhelmingly approved the issuance of up to 156,923,287 common shares as part of its arrangement with Agnico Eagle Mines Limited and Yamana Gold Inc. At a special meeting, 97.28% of votes supported the Share Issuance Resolution, with only 2.72% against. This strategic acquisition aims to enhance Pan American's position in silver and gold production in Latin America. The Arrangement is expected to close within Q1 2023, pending court and regulatory approvals.
Pan American Silver Corp. (NASDAQ: PAAS) announced its preliminary production results for Q4 2022 and FY 2022. Silver production totaled 18.5 million ounces, aligning with revised guidance. Gold production achieved 552.5 thousand ounces, within original guidance. The company reported zinc production at approximately 38 thousand tonnes, lead at 18 thousand tonnes, and copper at 5 thousand tonnes, with slight variances from guidance. The results reflect strong performance, primarily at Shahuindo and La Arena. Audited financial results will be released on February 22, 2023, alongside 2023 guidance following Yamana transaction completion.
On December 28, 2022, Pan American Silver Corp. (NASDAQ: PAAS) announced the filing of a management information circular for a special meeting regarding its proposed acquisition of Yamana Gold Inc. and the subsequent sale of Yamana's Canadian assets to Agnico Eagle Mines Limited. The meeting is set for January 31, 2023, where shareholders will vote on issuing 156,923,287 shares to Yamana's shareholders. This acquisition is projected to enhance Pan American's scale, liquidity, and production capabilities in Latin America, with expected annual silver production increase of 9.5Moz and significant cost efficiencies.