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Stock impact report

Pan American Silver Unveils Revised La Colorada PEA, Adds High-Grade Veins to Skarn Plan [Yahoo! Finance]

Pan American Silver Corp. (PAAS) 
Last pan american silver corp. earnings: 2/19 07:59 pm Check Earnings Report
US:NASDAQ Investor Relations: panamericansilver.com/investors
Company Research Source: Yahoo! Finance
into an "expanded La Colorada mine," with a decline starting in 2026, two surface shafts engineered by 2030, a new 15,000 tpd processing plant targeting initial skarn production in 2032, and total capital investment of $1.9 billion expected to be funded mainly from Pan American's operating cash flow (shafts/plant/tailings will require permits while the decline does not). Production and economics are robust: peak silver output is forecast at about 19.1 million ounces/year for five years (then ~11 Moz/year for 10 years), with a standalone incremental after-tax NPV (5%) of ~ $2.6 billion and IRR of 17% at base-case metal prices (rising to ~ $5.2 billion NPV and 25% IRR in a higher-price scenario), and an expected four-year payback at base case and negative AISC (~ -$22.67/oz ) in the initial five years due to zinc/lead by-product credits. The development plan shifts to conventional long-hole open stoping with paste backfill (vs. earlier sub-level caving), and recent exploration—inclu Show less Read more
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