About
Pan American Silver provides enhanced exposure to silver through large silver reserves and catalysts to grow silver production.
La Arena II is a copper/gold sulphide deposit located below and adjacent to the gold oxide deposit Pan American is currently mining called La Arena. A preliminary economic assessment (PEA) was released in February 2018 on La Arena II.
For more information on our current operation in the area, please visit the La Arena page.
On May 1, 2024, Pan American agreed to sell its 100% interest in La Arena II to a subsidiary of Zijin Mining Group. The transaction is expected to close in Q3 2024. Please see our news release for further information.
Advanced Exploration Project
100
%
owned
Technical & Reserve Information
| Name and quantity | Grade | Contained Metal | |||
|---|---|---|---|---|---|
| Name | Tonnes (Mt) | Au (g/t) | Cu (%) | Au (Koz) | Cu (kt) |
| M&I Resources | 706.5 | 0.23 | 0.37 | 5,289 | 2,617 |
| Inferred Resources | 66.8 | 0.21 | 0.24 | 445 | 158 |
As of June 30, 2024. Please see the Company’s reserves and resources page for more detailed information.
Public Works for Taxes
In Peru, Pan American is working with the government under a program aimed at encouraging private investment in public infrastructure projects.
Partnering with governments can be a powerful way of advancing projects to benefit local communities.
Related Documents & Resources
* Data is on a consolidated basis for the period ended December 31, 2023. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2024. 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.