About This Report

About This Report

We are proud to release our ninth annual sustainability report. Our reports communicate our vision of sustainability, share how we address sustainable development in the context of our business, disclose how we manage environmental, workplace and social issues, and demonstrate progress toward our sustainability goals and initiatives.

Reporting also allows us and stakeholders to benchmark our performance against industry peers. Throughout this report, we refer to Pan American Silver Corp. as Pan American Silver, and use the terms we, us and our to refer to Pan American Silver Corp. and its subsidiaries.

Audience

The intended audience of this report is our stakeholders, referred to in this report as communities of interest or COIs. This group includes shareholders, employees and contractors, unions, local communities, governments, suppliers, industry associations and regulatory agencies, non-governmental organizations, and civil society. 

Content and scope

We consult with COIs on an annual basis to identify the topics that are most material to them. This report describes our management approach and performance on these topics in the context of our overall sustainability and business strategies.

The scope of this report covers our six producing mines: 

  • La Colorada and Dolores in Mexico 
  • Huaron and Morococha in Peru
  • San Vicente in Bolivia 
  • Manantial Espejo in Argentina 

Our Alamo Dorado mine is nearing the end of active closure; however, certain operating, people management, economic, environmental, and social data is included in this report. With the exception of certain data and information related to safety and people management, our development projects and exploration are excluded from the scope of this report. When applicable, we include information regarding our headquarters in Vancouver and regional offices. 

In 2018, Pan American Silver entered into a plan of arrangement to acquire all of the issued and outstanding shares of Tahoe Resources Inc. (Tahoe). As the acquisition was completed on February 22, 2019, this report does not include the assets acquired under this arrangement with Tahoe, except in respect to certain forward-looking statements and our 2019 goals stated herein.

Additional Details

Reporting PeriodJanuary 1 to December 31, 2018; reporting performed annually.
Date of Last ReportMay, 2018
Reporting FrameworkThis report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: core option and GRI Mining & Metals Sector Disclosures. The GRI content index can be found here.
Changes in ReportingThere are no significant changes in material topics or topic boundaries from the 2017 report.
Date and AssuranceData contained in this report has been reviewed internally at both the site and corporate office level. Certain economic data has been extracted from our 2018 audited annual financial statements, which have been assured by our external financial auditors.

Data is reported using the metric system and US dollars.
Additional InformationIn addition to annual sustainability reports, we disclose our operating and financial results on a quarterly and annual basis, along with details of exploration and development projects that will sustain our future business. These reports are available on our website
ContactWe welcome any feedback related to this report. Please direct your comments or questions to Matt Andrews, Vice President of Environment and Sustainability, or Monica Moretto, Vice President of Social Sustainability at csr@panamericansilver.com.