Thursday, March 16, 2023 5:00:53 AM
"Yamana Gold: The company recently reported that it produced 1,005,770 gold equivalent ounces ("GEO"s) in 2022, exceeding the guidance of 1,000,000 GEOs. Jacobina had a record year with a production of 195,427 ounces. Production increased for the ninth consecutive year at Jacobina and is expected to continue in the coming years as a result of the phased expansion strategy and the exploration programs in place.
By prudently investing in its exploration project pipeline, the company has been steadily increasing its mineral resource base and generating consistent long-term growth in production and cash flow. It has significantly improved its balance sheet and financial flexibility and reduced debt levels. Its efforts to lower operating costs are expected to boost margins. In January 2023, the company announced that its shareholders voted in favor of its previously-announced acquisition by Pan American Silver.
The transaction is expected to be completed in the first quarter of 2023, subject to the receipt of approval from the Mexican Federal Economic Competition Commission and satisfaction or waiver of certain other closing conditions. The company's shares have gained 17% over the past six months."
Rising gold prices should make us all happy with this buy.
Boing X 2
Recent PAAS News
- Pan American Silver Announces the Sale of La Arena for US$245 Million Cash Upfront and US$50 Million Contingent Payment • Business Wire • 05/01/2024 09:14:00 AM
- 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
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