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History

Founded in 1994, Pan American has grown to be the second largest primary silver mining company in the world.

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 approximate 12% interest in New Pacific Metals Corp. (approximately 16% fully diluted), 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.