Pan American Silver

Pan American Silver Suspends Operations Of Its Silver Mines In Peru

Posted by SRSrocco in Mining, News, Precious Metals, Silver Members on July 20, 2020 — 21 comments

Pan American Silver announced today the suspension of two of its silver mines in Peru due to several workers testing positive for the COVID-19 virus. The two silver mines in Peru accounted for 6.3 million ounces of silver output for Pan American Silver in 2019. It’s not clear if Pan…

Top Primary Silver Miner Cost Of Production Now Breaking Even

Posted by SRSrocco in Mining, News, Precious Metals, Silver Members on May 8, 2020 — 37 comments

One of the top primary silver mining company’s is now breaking even producing silver. Pan American Silver just released its Q1 2020 Report surprising analysts by posting a net loss of $77 million. However, if we go by the company’s “Adjusted Earnings,” Pan American Silver reported a $7.6 million loss. …