La Colorada is Pan American’s largest silver producing mine. An expansion of the mine was completed in 2017, encompassing a new 618-metre deep mine shaft, a new sulphide processing plant, further development of the underground mine, and a new 115 kilovolt power line.

This mine produces silver gold doré bars from a conventional cyanide leach plant for the oxide ore, and silver rich lead and zinc concentrates from a flotation plant treating sulphide ore.

Pan American Silver made a major exploration discovery at its La Colorada mine in 2018. For further details, see La Colorada Skarn.

  • Ownership
    100%
  • Products
    Silver, Lead, Zinc
  • Type of Mine
    Underground

Producing Mine

101.4
Moz
Silver Reserves, Proven + Probable*
5.9
Moz
Silver Produced*
$
11.57
Cash Costs Per Ounce
1800
TPD
Average Plan Throughput

Technical & Reserve Information

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Name and quantity Grade Contained Metal
Name Tonnes
(Mt)		Ag
(g/t)		Au
(g/t)		Pb
(%)		Zn
(%)		Ag
(Moz)		Au
(Koz)		Pb
(kt)		Zn
(kt)
P&P Reserves10.03170.201.131.99101.463112198
M&I Resources5.32000.150.881.5333.9264780
Inferred Resources14.91950.201.051.8993.998157282

As of June 30, 2022. Please see the Company’s reserves and resources page for more detailed information.

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Pan American Silver 2021 Sustainability Report Cover

2021 Sustainability Report

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Pan American Silver Resources and Reserves

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2022 Q4 Financial Report

* Data is on a consolidated basis for the period ended December 31, 2022. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2022. For complete mineral reserve and resource information, refer to Mineral Reserves and Resources. Cash Costs and AISC per ounce are a non-GAAP measures; please refer to the Non-GAAP Measures notice.