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'''Pan American Silver Corporation''' is a [[mining]] company in Canada. The company has mines and other projects in Mexico, [[Peru]], [[Bolivia]] and [[Argentina]].
'''Pan American Silver Corporation''' is a [[mining]] company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, [[Peru]], [[Bolivia]] and [[Argentina]].


In 2017 the company extracted 25 million ounces of [[Silver]], 160,000 ounces of [[Gold]], 55,300 ounces of [[Zinc]], ''21,500 tonnes'' of [[Lead]] and 13,400 tonnes of [[Copper]].<ref>{{Cite web|url=https://www.panamericansilver.com/assets/Financial-documents/2017/131772a079/2017-Annual-Report.pdf|title=Pan American Silver - 2017 Annual Report|last=|first=|date=|website=|archive-url=|archive-date=|dead-url=|access-date=}}</ref>
It is one of the world's biggest silver producers<ref name=":1">{{Cite news|url=https://www.cbc.ca/news/business/pan-american-silver-dolores-1.4680871|title=Mexico violence hits Canadian silver miner's operations {{!}} CBC News|work=CBC|access-date=2018-11-07|language=en-US}}</ref>; in 2017 the company extracted 25 million ounces of [[Silver]], 160,000 ounces of [[Gold]], 55,300 ounces of [[Zinc]], ''21,500 tonnes'' of [[Lead]] and 13,400 tonnes of [[Copper]].<ref>{{Cite web|url=https://www.panamericansilver.com/assets/Financial-documents/2017/131772a079/2017-Annual-Report.pdf|title=Pan American Silver - 2017 Annual Report|last=|first=|date=|website=|archive-url=|archive-date=|dead-url=|access-date=}}</ref>


==History==
==History==
Pan American Silver was founded in April 1994 by Ross Beaty.<ref name=":0">{{Cite news|url=https://www.bcbusiness.ca/miner-to-missionary-the-ross-beaty-story|title=Miner to missionary: The Ross Beaty story|last=Mckenzie|first=Kevin Hinton & Ryan|work=BCBusiness|access-date=2018-11-07|language=en}}</ref> Beatty had previously founded and run Equinox Resources, which he eventually sold to an American mining company.<ref name=":0" />
Pan American Silver was founded in April 1994 by Ross Beaty.<ref name=":0">{{Cite news|url=https://www.bcbusiness.ca/miner-to-missionary-the-ross-beaty-story|title=Miner to missionary: The Ross Beaty story|last=Mckenzie|first=Kevin Hinton & Ryan|work=BCBusiness|access-date=2018-11-07|language=en}}</ref> Beatty had previously founded and run Equinox Resources, which he eventually sold to an American mining company.<ref name=":0" /> It listed on [[NASDAQ]] in 1995 and acquired its [[Quiruvilca District|Quiruvilca]] mine in the same year.<ref name=":2">{{Cite news|url=https://www.panamericansilver.com/company/history/|title=History {{!}} Pan American Silver {{!}} Corporate Site|last=|first=|date=|work=Pan American Silver {{!}} Corporate Site|access-date=2018-11-07|language=en-CA}}</ref> In 1998, it acquired the [[La Colorada mine|La Colorada Mine]] in Mexico, and in 2000 it acquired the [[Huaron mine]] in Peru.<ref name=":2" />

In 2012, Pan American acquired Minefinders Corporation for C$1.5 billion; Minefinders principal asset was the [[Dolores mine|Dolores Mine]] in Mexico.<ref>{{Cite news|url=https://www.reuters.com/article/us-minefinders-panamerican/pan-american-silver-to-buy-minefinders-for-c1-5-billion-idUSTRE80M20020120123|title=Pan American Silver to buy Minefinders for C$1.5 billion|last=|first=|date=2012-01-23|work=Reuters|access-date=2018-11-07|language=en-US}}</ref> In 2018, it temporarily curtailed operations at its Dolores mine in Mexico, due to violence in the area.<ref name=":1" />

== Operations ==
As of November 2018, Pan American has six operating mines:<ref>{{Cite news|url=https://www.panamericansilver.com/operations/|title=Operations {{!}} Pan American Silver {{!}} Corporate Site|work=Pan American Silver {{!}} Corporate Site|access-date=2018-11-07|language=en-CA}}</ref>

* [[La Colorada mine|La Colorada Mine]] in [[Sonora]], Mexico, with 2017 production of 7.1 MOz of Silver
* [[Dolores mine|Dolores Mine]] in [[Chihuahua (state)|Chihuahua]], Mexico, with 2017 production of 4.2 MOz of Silver
* [[Huaron mine|Huaron Mine]] in [[Pasco Region]], Peru, with 2017 production of 3.7 MOz of Silver
* [[San Vicente mine|San Vincente Mine]] in [[Potosí Department]], Bolivia, with 2017 production of 3.6 MOz of Silver
* [[Manantial Espejo mine|Manantial Espejo Mine]] in [[Santa Cruz Province, Argentina|Santa Cruz]], Argentina, with 2017 production of 3.1 MOz of Silver
* [[Morococha mine|Morococha Mine]] in [[Junín Region]], Peru, with 2017 production of 2.6 MOz of Silver


== References ==
== References ==
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[[Category:Mining companies of Canada]]
[[Category:Mining companies of Canada]]
[[Category:Silver mining companies of Canada]]
[[Category:Silver mining companies of Canada]]


{{Canada-company-stub}}

Revision as of 16:42, 7 November 2018

Pan American Silver Corporation
Company typePublic
TSX: PAA
Nasdaq: PAAS
IndustryMetals
Founded1994
HeadquartersVancouver, Canada
Key people
Michael Steinmann, CEO
Revenue US$301 million (2007)
Number of employees
7,300
Websitewww.panamericansilver.com

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia and Argentina.

It is one of the world's biggest silver producers[1]; in 2017 the company extracted 25 million ounces of Silver, 160,000 ounces of Gold, 55,300 ounces of Zinc, 21,500 tonnes of Lead and 13,400 tonnes of Copper.[2]

History

Pan American Silver was founded in April 1994 by Ross Beaty.[3] Beatty had previously founded and run Equinox Resources, which he eventually sold to an American mining company.[3] It listed on NASDAQ in 1995 and acquired its Quiruvilca mine in the same year.[4] In 1998, it acquired the La Colorada Mine in Mexico, and in 2000 it acquired the Huaron mine in Peru.[4]

In 2012, Pan American acquired Minefinders Corporation for C$1.5 billion; Minefinders principal asset was the Dolores Mine in Mexico.[5] In 2018, it temporarily curtailed operations at its Dolores mine in Mexico, due to violence in the area.[1]

Operations

As of November 2018, Pan American has six operating mines:[6]

References

  1. ^ a b "Mexico violence hits Canadian silver miner's operations | CBC News". CBC. Retrieved 2018-11-07.
  2. ^ "Pan American Silver - 2017 Annual Report" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  3. ^ a b Mckenzie, Kevin Hinton & Ryan. "Miner to missionary: The Ross Beaty story". BCBusiness. Retrieved 2018-11-07.
  4. ^ a b "History | Pan American Silver | Corporate Site". Pan American Silver | Corporate Site. Retrieved 2018-11-07.
  5. ^ "Pan American Silver to buy Minefinders for C$1.5 billion". Reuters. 2012-01-23. Retrieved 2018-11-07.
  6. ^ "Operations | Pan American Silver | Corporate Site". Pan American Silver | Corporate Site. Retrieved 2018-11-07.

See also

Retrieved from "https://en.wikipedia.org/w/index.php?title=Pan_American_Silver&oldid=867728172"