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Building the right projects to grow value.

  • 288 Moz Silver Reserves, Proven + Probable*
  • 25 Moz Silver Produced*
  • $4.55 Cash Costs per Ounce*
* See footnote

Diversified Portfolio

We own and operate six mines in Mexico, Peru, Bolivia and Argentina. The respective silver production in 2017 from each operating jurisdiction is provided below.  









Operating Mines

Pan American Silver has a diversified portfolio of mining and exploration assets located throughout Latin America. We are ramping up production from our two expansions in Mexico, and building two new mines in Argentina.


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.


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

Silver produced and cash costs per ounce are presented on a consolidated basis for the period ended Dec. 31, 2017.
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.