Pan-American

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

American Lithium Strengthens Team and Launches Major ESG Initiative in Peru

Retrieved on: 
Tuesday, March 26, 2024

He was previously an executive director of the Australia-Peru Chamber of Commerce (2015-2019) and General Counsel for Pan American Silver Peru (2006-2013).

Key Points: 
  • He was previously an executive director of the Australia-Peru Chamber of Commerce (2015-2019) and General Counsel for Pan American Silver Peru (2006-2013).
  • Additionally, the Company has commenced a major technical / social initiative on the Macusani Plateau.
  • “We are delighted to welcome Augusto to the American Lithium team,” stated Simon Clarke, American Lithium CEO.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

Pan American Silver reports additional high-grade drill results from the La Colorada Skarn project

Retrieved on: 
Monday, April 8, 2024

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico (the "La Colorada Skarn").

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico (the "La Colorada Skarn").
  • Eight new drill holes totaling 8,101 metres returned additional wide intercepts from the 902 mineralized zone of the western part of the La Colorada Skarn.
  • Drill hole U-121-22 returned the highest-grade interval to date with 22.50 metres at 1,435 g/t Ag, 31.93% Pb and 20.49% Zn.
  • View the full release here: https://www.businesswire.com/news/home/20240407764983/en/
    La Colorada Skarn Plan View (Graphic: Business Wire)
    “The 902 zone at the La Colorada Skarn continues to return long intercepts in multiple drill holes, with the most recent drill holes returning some of the highest grade intercepts since we discovered the La Colorada Skarn in 2018.

Pan American Energy Announces the Commencement of Metallurgical Testing on Core Samples From the Horizon Lithium Project

Retrieved on: 
Thursday, March 14, 2024

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce the commencement of comprehensive metallurgical testing at University of Nevada, Reno ("UNR").

Key Points: 
  • CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce the commencement of comprehensive metallurgical testing at University of Nevada, Reno ("UNR").
  • The Company delivered 46 individual lithium-bearing core samples from twelve separate drill holes at the Horizon Lithium Project (“Horizon”), located in the Big Smoky Valley, Esmeralda County, Nevada.
  • The twelve represented drill holes were part of the Phase 1 and Phase 2 drilling campaigns completed by Pan American at Horizon in 2023.
  • Jason Latkowcer, Chief Executive Officer, commented, “The commencement of the metallurgical research and evaluation on the Horizon core samples is a big step forward for the Company.

Pan American Energy Announces Completion of the Phase Two Drill Program at the Big Mack Lithium Project

Retrieved on: 
Tuesday, March 12, 2024

CALGARY, Alberta, March 12, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce the completion of the Phase Two Drilling program on its Big Mack Lithium Project (the “Property”), located approximately 80 kilometers north of the town of Kenora, ON.

Key Points: 
  • CALGARY, Alberta, March 12, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce the completion of the Phase Two Drilling program on its Big Mack Lithium Project (the “Property”), located approximately 80 kilometers north of the town of Kenora, ON.
  • This brings the 2023 Phase One and 2024 Phase Two drilling program total to 8322 meters.
  • Phase Two Drill Program Details:
    Two drill holes totaling 369 meters tested the down dip extension of the Big Mack Pegmatite.
  • Jason Latkowcer, Chief Executive Officer, commented, “We are extremely pleased to have completed the Second Phase of the Big Mack Drilling Program.

Pan American Silver Announces Normal Course Issuer Bid

Retrieved on: 
Monday, March 4, 2024

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s notice of its intention to make a normal course issuer bid (the “Bid”) to purchase up to 18,232,990 of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 29, 2024.

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s notice of its intention to make a normal course issuer bid (the “Bid”) to purchase up to 18,232,990 of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 29, 2024.
  • Pan American will pay the market price at the time of acquisition of any common shares in accordance with the rules and policies of the TSX and NYSE and applicable securities laws.
  • All common shares acquired by the Company under the Bid will be cancelled and purchases will be funded out of Pan American’s working capital.
  • A copy of the Company’s Notice of Intention to Make a Normal Course Issuer Bid filed with the TSX can be obtained from the Corporate Secretary of Pan American without charge.

Pan-American Life Insurance Group Reports 2023 Financial Results with Solid Revenue Growth and Strong Operating Performance

Retrieved on: 
Tuesday, February 27, 2024

Pan-American Life Insurance Group (PALIG), a leading provider of life, accident, and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2023*.

Key Points: 
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident, and health insurance throughout the Americas, announced today financial results for the full year ending December 31, 2023*.
  • In 2023, PALIG delivered another year of solid revenue growth and strong operational performance.
  • Full-year operating revenue rose 7% to $1.31 billion while total premiums increased by 5% to $1.55 billion.
  • Net income for 2023 was $63.7 million, reflecting 240% growth over 2022, which included certain one-time disposition costs.

Knight Therapeutics Announces Launch of Bijuva® in Canada

Retrieved on: 
Tuesday, February 6, 2024

MONTREAL, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc., (TSX: GUD) ("Knight"), a Pan-American (ex-USA) specialty pharmaceutical company, announced today the launch of BIJUVA® (estradiol and progesterone) capsules in Canada.

Key Points: 
  • MONTREAL, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc., (TSX: GUD) ("Knight"), a Pan-American (ex-USA) specialty pharmaceutical company, announced today the launch of BIJUVA® (estradiol and progesterone) capsules in Canada.
  • VMS affects 60% to 80% of women entering menopause1 and are commonly known as hot flashes or flushes and night sweats.
  • Knight and TherapeuticsMD signed a license agreement in July 2018 pursuant to which TherapeuticsMD granted Knight the exclusive Canadian commercialization rights to BIJUVA®.
  • Under the terms of the license agreement related BIJUVA® in Canada, Knight will pay TherapeuticsMD sales milestone fees and royalties based upon certain aggregate annual sales of BIJUVA® in Canada.

Wave® Petunias by PanAmerican Seed® Shine on the Red Carpet

Retrieved on: 
Monday, February 5, 2024

WEST CHICAGO, Ill., Feb. 5, 2024 /PRNewswire/ -- In a breathtaking display of vibrant color and botanical artistry, Wave® Petunias appeared at the 66th GRAMMY Awards®, thanks to the visionary designs of Tu Bloom, the official Botanical Artist for The GRAMMYs®.

Key Points: 
  • On Sunday, February 4, the red carpet at Crypto.com Arena in Los Angeles transformed into a living masterpiece as Tu Bloom incorporated Wave® Spreading Petunias into his captivating floral installation.
  • The E3 Easy Wave® series, specifically delightful hues of Sky Blue, White, and Red, added a burst of life to Music's Biggest Night®, creating a visually stunning atmosphere for the top-performing recording artists.
  • "I am thrilled to have collaborated with Wave Petunias for this year's GRAMMY Awards®.
  • Sarah Makiejus, Global Marketing Manager for PanAmerican Seed, shares the excitement, stating, "It's been captivating to watch Tu Bloom work his magic with the Wave Petunias, showcasing them in a whole new way on The GRAMMYs® red carpet.

Pan American Silver Announces Preliminary 2023 Production Results and Guidance for 2024

Retrieved on: 
Wednesday, January 17, 2024

The project is expected to be completed in 2024 and operational thereafter.

Key Points: 
  • The project is expected to be completed in 2024 and operational thereafter.
  • Pan American is also developing a study throughout 2024 to potentially optimize the mining methods, production rates, future exploration strategies and long-term economics at Jacobina.
  • Pan American looks forward to continuing our participation in the government-led ILO 169 consultation process for the Escobal mine under the new administration.
  • The 2024 care and maintenance costs also reflect the substantial savings from the divestiture of the MARA project and the Morococha mine in 2023.