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Operations

Building the right projects to grow value.

  • 557.2 Moz silver reserves*
  • 25.9 Moz silver production*
  • $6.39 Cash Costs per Ounce Silver Segment*
* See footnote

Diversified Portfolio

Revenue Generated by Country in 2019*

31%

Mexico

43%

Peru

6%

Bolivia

5%

Argentina

15%

Canada

Operating Mines

Pan American Silver has a diversified portfolio of mining and exploration assets located throughout the Americas. We own 10 mining operations, including the Escobal mine in Guatemala that is currently not operating.

Exploration

Pan American Silver engages in both near-site mine and regional exploration programs. In addition to the exploration potential across our diversified portfolio, Pan American Silver has interests in several exploration projects.

Exploration Properties

Other Portfolio Assets

Pan American Silver holds investment interests in other publicly traded entities and owns several development stage projects. Most notable is our 100% owned Navidad Project, which offers investors exposure to one of the world’s largest undeveloped silver deposits.

OPERATING DATA

View annual and quarterly operating data.

Interactive Analyst Centre

The Sustainable Approach

Pan American Silver is determined to conduct its business in a responsible and sustainable manner.

Learn About

Notes:
Data is on a consolidated basis for the period ended December 31, 2019. Results for the mines acquired through Tahoe Resources Inc. are subsequent to the February 22, 2019, closing date of the acquisition.
For complete mineral reserve and resource information, refer to Mineral Reserves and Resources.
Cash costs per ounce is a non-GAAP measure; please refer to the Non-GAAP Measures.