Pan American Silver is the world’s premier silver mining company, with large silver reserves and a diversified portfolio of producing mines. Our asset portfolio offers unparalleled upside for investors seeking exposure to silver through the potential restart of the Escobal mine and development of the Navidad project, as well as our major exploration discovery at La Colorada.
Pan American Silver has a diversified portfolio of mining and exploration assets located throughout the Americas. In 2019, we celebrate our silver anniversary: 25 years of operating in Latin America, earning an industry-leading reputation for operational excellence and corporate social responsibility.
Pan American Silver owns and operates 10 mines located in Mexico, Peru, Canada, Bolivia and Argentina. In addition, we own the Escobal mine in Guatemala that is currently not operating.
Our La Colorada mine in Zacatecas, Mexico is our largest silver producer, following an expansion completed in late 2016. The mine is also rich in zinc and lead base metals.
Dolores is a silver/gold mine located in Chihuahua, Mexico that uses heap leaching to produce gold and silver doré. A new pulp agglomeration plant was completed in 2017, enhancing and accelerating the recovery of gold and silver from higher-grade ore sourced from the open pit mine and a new underground mine, currently under development.
Our Huaron mine in Pasco, Peru produces silver-rich zinc, lead and copper concentrates. Mechanization of the operations in recent years has improved productivity and resulted in lower operating costs.
Our Morococha mine in Yauli, Peru produces silver-rich zinc, lead and copper concentrates. Mechanization of the operations in recent years has improved productivity and resulted in lower operating costs.
Our San Vicente mine is an underground silver-zinc mine located in Bolivia. An effort is currently underway to mechanize the operations for greater efficiency and productivity.
We are extracting further value from our operations at Manantial Espejo, located in Santa Cruz, Argentina, with the addition of two high-grade silver properties: Joaquin and COSE. Silver production from our Manantial Espejo operations is estimated to total 21 million ounces over the next three years.
Shahuindo is an open-pit, heap leach gold mine located in northern Peru, 30 kilometres north of the Company’s La Arena property, in the Department of Cajamarca.
La Arena is an open-pit, heap leach gold mine located in northern Peru, in the Department of La Libertad. The mine also has sulphide expansion potential (La Arena II).
Escobal is an underground silver mine located in southeast Guatemala, in Santa Rosa Department. Mining operations are currently suspended, pending the outcome of the legal ruling on the mining license.
The Timmins Mines include the Timmins West Mine and the Bell Creek Mine and Mill complex, located in Timmins, Ontario, one of the world's most prolific gold camps. The Bell Creek Mill processes ore from both operations.
