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

Retrieved on:

Monday, April 8, 2024

Natural Resources, Other Natural Resources, Mining, Minerals, Silver, PB, News, Geology, Pan American Silver, TSX, Pan-American, Multimedia, PAAS, Extractive metallurgy

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.

Connor Consulting First in Middle East to Earn Oracle's Verified SAM Expertise, Bolstering Regional Presence

Retrieved on:

Monday, March 25, 2024

Certification, Organization, SAAS, Investment, SAM, Database, Verified, Consultant, PAAS, Asset management

This recognition reinforces Connor Consulting's expertise in helping Middle Eastern businesses optimize their IT investments by effectively managing their Oracle software assets through the Verified SAM program.

Key Points:

This recognition reinforces Connor Consulting's expertise in helping Middle Eastern businesses optimize their IT investments by effectively managing their Oracle software assets through the Verified SAM program.
Connor Consulting's Verified SAM certification solidifies their dedication to software asset management excellence and innovation in the Middle East.
"Earning the first Verified SAM Partner in the Middle East is a badge of honor for Connor Consulting," says Jay T. Buck, Global Vice President of Software Solutions.
For additional information or inquiries about how Connor Consulting can assist your organization in optimizing its software asset management strategy through the Verified SAM program, please contact [email protected]

Pan American Silver Announces Normal Course Issuer Bid

Retrieved on:

Monday, March 4, 2024

Mining, Minerals, Natural Resources, Pan American Silver, Acquisition, PAAS, TSX, Toronto Stock Exchange, Calendar, Pan-American, BID, Corporation, Auction

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 Silver Reports Third Quarter 2023 Results

Retrieved on:

Tuesday, November 7, 2023

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2023 ("Q3 2023").

Key Points:

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2023 ("Q3 2023").
Silver production was at the low end and gold production was slightly below management's guidance ranges for Q3 2023.
Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce of $13.13 and $18.19, respectively.
A cash dividend of $0.10 per common share with respect to Q3 2023 was declared on November 7, 2023, payable on or about December 1, 2023, to holders of record of Pan American’s common shares as of the close of markets on November 20, 2023.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on:

Thursday, November 2, 2023

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security. Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession. A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years. Active mining companies in markets include: Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points:

A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on:

Thursday, November 2, 2023

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security. Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession. A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years. Active mining companies in markets include: Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points:

A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

Pan American Silver Provides Notice of Third Quarter 2023 Unaudited Results and Conference Call

Retrieved on:

Thursday, October 12, 2023

Mining, Minerals, Natural Resources, Pan American Silver, NYSE, TSX, Webcast, PAAS, Clothing, Platinum

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American Silver") will release its unaudited results for the third quarter of 2023 ("Q3 2023") after market close on Tuesday, November 7, 2023. A conference call and webcast is planned for 11:00 am ET (8:00 am PT) on November 8, 2023.

Key Points:

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American Silver") will release its unaudited results for the third quarter of 2023 ("Q3 2023") after market close on Tuesday, November 7, 2023. A conference call and webcast is planned for 11:00 am ET (8:00 am PT) on November 8, 2023.

Pan American Silver Provides an Update on the Restart of Operations at the La Colorada Mine

Retrieved on:

Wednesday, October 11, 2023

Mining, Minerals, Natural Resources, Pan American Silver, Pan-American, NYSE, TSX, Environment, PAAS, La Colorada, Drug

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") today announced that it will commence restarting operations at its La Colorada mine in Mexico on October 16, 2023, following a shift change and the transition from care and maintenance activities.

Key Points:

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") today announced that it will commence restarting operations at its La Colorada mine in Mexico on October 16, 2023, following a shift change and the transition from care and maintenance activities.
On October 5, 2023, Pan American announced the temporary suspension of operating activities due to security concerns at the mine site and the surrounding area following an armed robbery of two trailers of concentrate from the operation.
Pan American and the Mexican authorities will maintain direct communications during the period leading up to the resumption of operations.
Pan American does not expect the temporary suspension of La Colorada to have a material impact to its annual consolidated production and cost guidance for 2023, nor to the targeted timing of late 2023 for the release of the La Colorada Skarn preliminary economic assessment.

Pan American Silver Temporarily Suspends Operations at the La Colorada Mine

Retrieved on:

Friday, October 6, 2023

Mining, Minerals, Natural Resources, Pan American Silver, Pan-American, NYSE, TSX, PAAS, La Colorada, Safety, Drug, Satellite navigation device, Airline

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") has temporarily suspended all operating activities at its La Colorada mine in Mexico due to security concerns at the mine site and the surrounding area.

Key Points:

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") has temporarily suspended all operating activities at its La Colorada mine in Mexico due to security concerns at the mine site and the surrounding area.
In response to the current security situation in the area and Pan American’s priority to protect the safety and security of our personnel, Pan American has temporarily suspended operations, project work and exploration at La Colorada.
The suspension will continue until Pan American determines it is appropriate to resume operations.
Pan American will provide an update on the situation as more information becomes available.

Pan American Silver Corp.: Early Warning News Release

Retrieved on:

Friday, September 29, 2023

Upon completion of the Offering, which occurred on September 29, 2023, Pan American owns, directly and indirectly, 19,807,848 Common Shares representing approximately 11.6% of the outstanding Common Shares.

Key Points:

Upon completion of the Offering, which occurred on September 29, 2023, Pan American owns, directly and indirectly, 19,807,848 Common Shares representing approximately 11.6% of the outstanding Common Shares.
Immediately prior to the acquisition, Pan American held 14,724,068 Common Shares, representing approximately 9.34% of the issued and outstanding Common Shares.
The foregoing disclosure regarding Pan American’s holdings is being disseminated pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
A copy of the early warning report will be filed on New Pacific's SEDAR+ profile at www.sedarplus.ca and may be obtained by contacting Ms. Siren Fisekci, VP, Investor Relations & Corporate Communications for Pan American, at 604-684-1175.