Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") provides an annual exploration update and releases new exploration drill results for its Jacobina, El Peñon, La Colorada, Huaron, Minera Florida and Timmins mines, as well as its La Colorada Skarn project.
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American”) yesterday completed the previously announced divestment of its 100% interest in La Arena S.A. (“La Arena”), which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group Co., Ltd. (collectively, “Zijin”).
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") today announced that the sale of its 100% interest in La Arena S.A. ("La Arena"), which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group Co., Ltd. (collectively, "Zijin"), has received approval from the Government of Canada under the Investment Canada Act. The approval is subject to a joint undertaking from Pan American and Zijin to enter into an offtake agreement in respect of the La Arena II project, which will enable Pan American to secure 60% of the future copper concentrate supply from the La Arena II project on commercial terms for sale in North American markets, following the commencement of commercial production.
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2024 ("Q3 2024").
Silver is up about 48% in the last year due to spiking demand and geopolitical uncertainty; these options provide investors ways to capitalize on the rally.
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") will announce its unaudited results for the third quarter of 2024 after market close on Tuesday, November 5, 2024. A conference call and webcast are planned for 11:00 am ET (8:00 am PT) on Wednesday, November 6, 2024.
Silver has soared about 30% in the last year but remains more affordable for most investors than gold; mining companies offer a way to gain indirect exposure.
Gold prices are hitting a new all-time high, meaning that silver prices need to start catching up in the coming months, making two silver mining stocks outliers
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports its estimated mineral reserves and mineral resources as at June 30, 2024. Proven and probable mineral reserves are estimated to contain approximately 468.0 million ounces of silver and 6.9 million ounces of gold. Measured and indicated ("M&I") mineral resources (excluding proven and probable ("P&P") reserves) are estimated to total approximately 1,148.0 million ounces of silver and 15.5 million ounces of gold. Inferred mineral resources are estimated to total approximately 366.0 million ounces of silver and 9.4 million ounces of gold. The updated mineral reserves and mineral resources estimates are reported net of the sales of the MARA, Agua de la Falda and Morococha properties, as announced in the Company's news release dated July 31, 2023. The divestment of these non-core, non-producing assets is largely responsible for a decrease in mineral reserves and mineral resources compared to 2023.
Zijin Mining Group faces obstacles to M&A plans due to geopolitical tensions, economic slowdown, and resource nationalism, but sees growth in copper, gold, and lithium markets.
Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended June 30, 2024 ("Q2 2024").
