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TSX|PAA$10.51 NASDAQ|PAAS$9.04

To our valued investors…

Primary silver mining companies offer investors one of the best ways to gain real exposure to silver. Pan Amerian Silver is a senior producer with an outstanding growth profile and a reputation for solid operational and financial performance. Our value proposition is compelling, we offer:

  • - Diversified geopolitical exposure in Latin America
  • - Industry-leading team with vast experience in mine development and operation
  • - Reliable operational and financial performance
  • - Strong financial returns and superior balance sheet
  • - Core assets with exceptional exploration potential
  • - Long-life silver resources (+1 billion ounces of silver in resources, including P&P reserves)
  • - Outstanding growth profile

Message from our Chairman:

Pan American Silver now has one of the best balance sheets in the mining industry – we ended the year with cash and short term investments of $423 million, working capital of $689 million and long-term debt of only $40 million.

 

- Ross Beaty

Message from our President and CEO:

As a team, we continue to consolidate and reaffirm our core values, and with that, Pan American Silver’s position as the preeminent silver producing company.

- Geoff Burns