History
Founded in 1994, Pan American has grown to be the second largest primary silver mining company in the world.
2019
Completed the acquisition of Tahoe Resources Inc., adding the Shahuindo, La Arena, Timmins West and Bell Creek mines to the portfolio, as well as the Escobal mine (currently suspended). Reported an initial inferred mineral resource estimate for the La Colorada Skarn discovery.
2018
Made a major exploration discovery at the La Colorada mine. Announced the proposed acquisition of Tahoe Resources Inc. Substantially completed active reclamation at the Alamo Dorado site.
2017
Completed the acquisition of the Joaquin and COSE projects in Santa Cruz, Argentina. Completed the La Colorada and Dolores mine expansion projects. Acquired an interest in New Pacific Metals Corp., providing exposure to the Silver Sand project in Bolivia. Concluded mining at Alamo Dorado and transitioned the mine into the reclamation phase.
2016
Completed the divestiture of 13 non-core royalties, streams and payment agreements to Maverix Metals Inc. in exchange for shares and warrants in Maverix. Sold 75% of our interest in the Shalipayco project in Peru to Votorantim Metais –Cajamarquilla S.A., retaining a free carried interest of our remaining 25% to commercial production.
2015
Approved the expansion of the Dolores mine.
2014
Completed a preliminary economic assessment for the construction of a pulp agglomeration plant and underground mine at Dolores.
2013
Completed preliminary economic assessment and approved the expansion of the La Colorada mine.
2012
Acquired Minefinders Corporation Ltd. and its flagship Dolores mine in Mexico. Divested the Quiruvilca mine.
2011
Filed a preliminary economic assessment for the Navidad Project.
2010
Completed the acquisition of Aquiline Resources. Began paying a cash dividend.
2009
Launched a friendly offer to acquire Aquiline Resources Inc. and its Navidad project in Argentina. Published Pan American’s first Sustainability Report.
2008
Commenced production at Manantial Espejo. Substantially completed expansion of San Vicente mine.
2007
Increased interest in San Vicente to 95% and commenced mine expansion. Advanced Manantial Espejo’s construction.
2006
Completed construction of Alamo Dorado and increased ownership of Manantial Espejo to 100%.
2005
Commenced construction on the Alamo Dorado mine and completed feasibility study on the Manantial Espejo project.
2004
Acquired the Morococha mine in Peru.
2003
Acquired the Alamo Dorado project in Mexico.
2002
Acquired a 50% interest in the Manantial Espejo project in Argentina.
2000
Acquired the Huaron mine in Peru.
1999
Entered into a joint venture agreement with Bolivian state mining company, Comibol, to earn a 100% interest in the San Vicente mine in Bolivia.
1998
Acquired the La Colorada mine in Mexico.
1995
Acquired first producing mine, Quiruvilca, in Peru and listed on Nasdaq.
1994
Ross Beaty founded the company, taking over Pan American Minerals, a TSX listed company.