By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA
on 7/27/2019
http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+USA/FEATURED1273315/Pan+American+Silver+Corp+(NASDAQ+PAAS+TSX+PAAS)+Founded+by+Ross+Beaty+Worlds+Second+Largest+Primary+Silver+Produ.htm
Founded in 1994 by Ross Beaty, Pan American Silver Corp. (NASDAQ:PAAS, TSX:PAAS) is the world's second largest primary silver producer, providing enhanced exposure to silver through a diversified portfolio of assets, large reserves and growing production. The Company owns and operates mines in Mexico, Peru, Canada, Argentina and Bolivia. We learned from Siren Fisekci, VP Investor Relations and Corporate Communications of Pan American Silver, that since the acquisition of Tahoe Resources in February of 2019, the Company is focused on their three high-value catalysts:
the potential restart of the world class Escobal silver mine in Guatemala, the significant high-grade La Colorada discovery, with the first resource estimate due by the end of the year, and the potential development of the Navidad project in Argentina, which is the world's largest undeveloped primary silver deposit.
Pan American Silver Corp.
Dr. Allen Alper: This is Dr. Allen Alper, Editor-in-Chief of Metals News, interviewing Siren Fisekci, who is VP Investor Relations and Corporate Communications of Pan American Silver. Could you tell our readers/investors about your premium world's silver Company, Pan American Silver and give us an overview and tell us what differentiates it from its peers?
Siren Fisekci: Yes, I'd be happy to. Pan American Silver is currently the second largest primary silver mining company in the world. We have a diversified asset base of 10 operating mines. We also have one mine in Guatemala called Escobal, which is currently not operating. Our mines are located in Canada, Mexico, Peru, Bolivia and Argentina.
I would say the unique thing about Pan American at this stage, following our acquisition of Tahoe Resources, which closed on February 22, 2019, is that we now have a number of high-value catalysts representing very good optionality in the Pan American investment. Those catalysts would be the Escobal mine in Guatemala, but currently not operating. This is a world class silver mine. It's fully built out. It was producing roughly 20 million ounces of silver annually at all in sustaining costs of under $10 an ounce before operations were suspended in June of 2017. That's one catalyst, the potential restart of that mine, for which we have not provided a timeframe yet. The Guatemalan government must complete an ILO 169 consultation, and we are working to better understand the communities around the mine.
The second catalyst for the Company is the La Colorada discovery. We made a significant exploration discovery that we first announced in October, 2018. We are continuing to drill on that discovery. We've encountered several meters of high grade mineralization. We are planning to provide a first resource estimate for that discovery later this year in 2019.
The third catalyst for the Company is potential development of our Navidad project in Argentina. Navidad is the world's largest, undeveloped, primary silver deposit, and there have been a number of developments on the political front. The reelection of Mr. Arcioni, the Governor in the province of Chubut recently and the potential that they will introduce into the legislature a bill that would allow open-pit mining in certain areas of the province. That may open the door for the development of Navidad. So that's a positive development. That represents three key catalysts for the Company going forward.
http://www.metalsnews.com/Metals+News/MetalsNews/Dr.+Allen+Alper,+PhD+Economic+Geology+and+Petrology,+Columbia+University,+NYC,+USA/FEATURED1273315/Pan+American+Silver+Corp+(NASDAQ+PAAS+TSX+PAAS)+Founded+by+Ross+Beaty+Worlds+Second+Largest+Primary+Silver+Produ.htm
RE: When PAAS bought the Escobal mine a past producer -
@Krister888 -
When PAAS bought the Escobal mine a past producer -
with violence -
If you used violence against His people -
He will send you to hell sooner or later -
Try to use love to His people -
see what you get back -
http://rabble.ca/blogs/bloggers/2019/05/when-pan-american-silver-bought-escobal-mine-it-bought-legacy-violence
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150031775
In GOD We Trust -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
Recent PAAS News
- Pan American Silver to Announce First Quarter 2024 Unaudited Results and Host Annual General and Special Meeting of Shareholders on May 8 • Business Wire • 04/09/2024 09:05:00 PM
- Pan American Silver reports additional high-grade drill results from the La Colorada Skarn project • Business Wire • 04/08/2024 05:00:00 AM
- Pan American Silver Announces Normal Course Issuer Bid • Business Wire • 03/04/2024 11:55:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/22/2024 02:50:20 AM
- Pan American Silver Reports Audited Financial Results for 2023 and Announces Intention to Make a Normal Course Issuer Bid • Business Wire • 02/22/2024 02:18:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/06/2024 02:36:35 PM
- Pan American Silver Announces Preliminary 2023 Production Results and Guidance for 2024 • Business Wire • 01/17/2024 11:00:00 AM
- Pan American Announces Preliminary Economic Assessment of the La Colorada Skarn Project • Business Wire • 12/19/2023 12:58:00 AM
- Pan American Silver Provides Annual Exploration Update • Business Wire • 12/05/2023 10:12:00 PM
- Pan American Silver Reports Third Quarter 2023 Results • Business Wire • 11/07/2023 10:05:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/12/2023 09:08:59 PM
- Pan American Silver Provides Notice of Third Quarter 2023 Unaudited Results and Conference Call • Business Wire • 10/12/2023 09:02:00 PM
- Pan American Silver Provides an Update on the Restart of Operations at the La Colorada Mine • Business Wire • 10/11/2023 09:20:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/06/2023 04:50:55 PM
- Pan American Silver Temporarily Suspends Operations at the La Colorada Mine • Business Wire • 10/06/2023 02:44:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 09/29/2023 09:13:55 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/29/2023 09:08:06 PM
- Pan American Silver Corp.: Early Warning News Release • Business Wire • 09/29/2023 09:02:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/25/2023 12:53:36 PM
- Pan American Silver completes the divestment of MARA and Morococha • Business Wire • 09/25/2023 11:30:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/21/2023 09:19:47 PM
- Pan American Silver to Host ESG Conference Call and Webcast October 19 • Business Wire • 09/21/2023 09:01:00 PM
- Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2023 • Business Wire • 08/24/2023 09:05:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/16/2023 04:52:09 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/16/2023 04:50:41 PM
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