OUR STRATEGY & APPROACH

We establish participatory processes to identify socio-economic development programs and investments that can provide long-term benefits beyond the life of the mine. Our community investment programs are designed in close partnership with local communities and guided by collaborative processes.

These initiatives include comprehensive baseline studies, surveys, and formal consultation processes. Our programs are directed towards the priorities identified by local communities within Pan American Silver pillars and standards. We closely monitor the effectiveness of our programs and provide space for adjustments and improvements based on each community’s needs and priorities.

Plans, Programs & Initiatives

• Participatory processes such as baseline assessments conducted jointly with communities help us understand the existing social context, our operations’ actual and potential impacts, and community needs and interests.
• Our programs and initiatives stem from communities’ feedback. We respect their culture and beliefs to make those programs thrive.
• Our economic development projects are designed to create sustainable economic opportunities by supporting local families or groups with alternative incomes to mining, such as animal husbandry, agriculture, tourism, or manufacturing.
• Local procurement initiatives to engage with and build the capacity of local suppliers aim to create indirect employment opportunities for community members and local businesses.

2025 Goals

• Achieve 80% Community Development Index (CDI) average performance for each socio-economic development program at San Vicente, Shahuindo, Dolores, Minera Florida, La Colorada and El Peñon.