Pan American Silver Corp./ PAAS (NASDAQ)

  • Pan American Silver reports cash flow from operations of $157.0 million in Q3 2021


    VANCOUVER, BC, Nov. 9, 2021


    https://news.panamericansilver…-157-0-million-in-Q3-2021


    Q3 2021 Highlights:

    • Consolidated silver production was 4.8 million ounces. La Colorada was largely responsible for increased production relative to the first and second quarters of 2021. With improved ventilation air volumes allowing accelerated mine development, mining rates increased by 21% relative to the previous quarter of 2021 and further increases are anticipated through the balance of 2021. We expect mine developments and mining rates to continue increasing over the coming quarters, with throughput rates increasing to approximately 2,000 tonnes per day by mid-2022. We also expect to increase underground exploration drilling rates, particularly for the Skarn deposit.
    • Consolidated gold production was 142.6 thousand ounces. At Dolores, a delay in completing construction of leach pad 1 south has resulted in an in-heap gold inventory build-up of 8.1 thousand ounces in Q3 2021 and 37.0 thousand ounces year-to-date 2021 ("YTD 2021"). Loading of pad 1 south is expected to begin by the end of November 2021, which should allow inventory levels to normalize in 2022. At Shahuindo, an increase in pad inventories of 5.9 thousand ounces in Q3 2021 and 16.1 thousand ounces YTD 2021 was recorded.
    • Revenue of $460.3 million benefited from the sale of dore and concentrate inventories built-up in prior periods, which was partially offset by the increase of on-pad inventories at Dolores and Shahuindo.
    • Net income of $20.2 million ($0.10 basic income per share) was impacted by a non-cash mark-to-market loss on investment interests of $25.3 million ($0.12 per share) and an income tax expense of $50.4 million ($0.24 per share), partially offset by a $28.5 million gain ($0.14 per share) on the sale of a non-core exploration stage property.
    • Adjusted income was $37.8 million ($0.18 basic adjusted income per share).
    • Net cash generated from operations was $157.0 million and includes $23.0 million source of cash from working capital changes.
    • Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce were $11.92 and $16.30, respectively. Silver Segment costs were mainly impacted by increased mining costs at La Colorada for ventilation upgrades, extensive shotcrete ground support and investments in long-hole mining methods to benefit future operations. La Colorada AISC are expected to gradually decline, as throughput increases over the coming quarters.
    • Gold Segment Cash Costs and AISC per gold ounce were $922 and $1,176, respectively.
    • Capital expenditures of $66.2 million were comprised of $52.9 million of sustaining capital and $13.3 million of non-sustaining capital, which is mostly related to project capital. Project capital of $12.8 million was largely invested in advancing the exploration and development studies for the La Colorada Skarn project, including advancing construction of the new concrete-lined ventilation shaft and refrigeration plant, and the Wetmore exploration project at Timmins.
    • 2021 Guidance revised. Full-year consolidated precious metals production is now estimated to be between 19.0 and 20.0 million ounces of silver and 560.0 to 588.0 thousand ounces of gold. The estimated ranges for Silver Segment Cash Costs and AISC have increased to $11.60 to $12.50 and $15.75 to $16.75, respectively. The Company has maintained its guidance for Gold Segment Cash Costs and AISC. The Company has reduced its estimates for sustaining capital to a range of $217.5 to $226.0 million and project capital to a range of $43.5 to $45.0 million. See the "2021 Guidance" section of this news release for further details, and the Company's Management's Discussion and Analysis for the three and nine months ended September 30, 2021.
    • Strong financial position with working capital of $618.8 million, inclusive of cash and short-term investment balances of $315.4 million; an equity investment in Maverix Metals Inc. with a market value of $116.1 million; and $500.0 million available under Pan American's Sustainability-Linked Credit Facility, as at September 30, 2021. Total debt of $45.0 million was related to lease liabilities and construction loans.
    • The Board of Directors has approved a cash dividend of $0.10 per common share, or approximately $21.0 million in aggregate cash dividends, payable on or about December 3, 2021, to holders of record of Pan American's common shares as of the close on November 22, 2021.
  • und noch ne News:

    Pan American Silver drills new La Colorada Skarn extension with 77 metre interval containing 119 g/t Ag, 7.7% Pb and 13.62% Zn, and provides a project development update for the Skarn


    VANCOUVER, BC, Nov. 10, 2021


    https://news.panamericansilver…ment-update-for-the-Skarn


    Drill Highlights Include:

    • S-71-21: 31.9 m of 48 g/t Ag, 0.13% Cu, 3.51% Pb and 5.23% Zn and 77.1 m of 119 g/t Ag, 0.26% Cu, 7.70% Pb and 13.62% Zn
    • U-67-21: 114.6 m of 133 g/t Ag, 0.04% Cu, 3.60% Pb and 4.83% Zn, including 82.7 m of 175 g/t Ag, 0.04% Cu, 4.25% Pb and 5.76% Zn
    • S-62-21: 70.3 m of 82 g/t Ag, 0.05% Cu, 4.22% Pb and 9.99% Zn, including 34.0 m of 98 g/t Ag, 0.07% Cu, 5.14% Pb and 15.18% Zn
    • S-01-21: 204.5 m of 48 g/t Ag, 0.19% Cu, 3.16% Pb and 5.32% Zn
    • U-05-21: 181.7 m of 60 g/t Ag, 0.13% Cu, 3.77% Pb and 4.28% Zn
    • U-36-21: 96.3 m of 19 g/t Ag, 0.04% Cu, 2.43% Pb and 3.12% Zn and 89.0 m of 65 g/t Ag, 0.19% Cu, 3.29% Pb and 6.61% Zn
    • S-03-A-21: 264.1 m of 60 g/t Ag, 0.23% Cu, 3.43% Pb and 6.77% Zn
    • D-67-07-21: 314.1 m of 35 g/t Ag, 0.17% Cu, 1.62% Pb and 2.82% Zn
    • D-67-04-21: 169.8 m of 43 g/t Ag, 0.17% Cu, 1.22% Pb and 3.08% Zn
    • D-65-02-21: 208.8 m of 44 g/t Ag, 0.23% Cu, 1.81% Pb and 3.01% Zn
    • D-01-02-21: 199.2 m of 44 g/t Ag, 0.21% Cu, 2.02% Pb and 3.71% Zn
    • D-107-04-21: 243.1 m of 30 g/t Ag, 0.10% Cu, 1.25% Pb and 4.12% Zn
    • D-107-05-21: 64.5 m of 69 g/t Ag, 0.15% Cu, 2.15% Pb and 4.73% Zn and 20.3 m of 39 g/t Ag, 0.12% Cu, 1.85% Pb and 7.08% Zn and 111.0 m of 41 g/t Ag, 0.22% Cu, 1.32% Pb and 4.32% Zn.
    • Seven infill drillholes (D-67-01/02/04/05/06/07 and 08) all confirmed wide zones of continuous mineralization within the core of the La Colorada Skarn.
    • Drillhole S-01-21, partially reported on May 12, 2021, now contains an additional 59 metres of mineralization. The interval now extends over a total length of 204.5 metres of 48 g/t Ag, 3.16% Pb and 5.32% Zn.
    • Infill drillhole S-03-A-21 returned 264.1 metres of 60 g/t Ag, 3.43% Pb and 6.77% Zn.
    • The La Colorada Skarn zone has expanded over 200 metres to the west and northwest with high-grade mineralization encountered in recent drilling. Drillholes U-05-21 with 181.7 metres of 60 g/t Ag, 3.77% Pb and 4.28% Zn and U-67-21 with 114.6 metres of 133 g/t Ag, 3.60% Pb and 4.83% Zn along with previously reported holes U-40-20, D-57-05-20 and D-57-01-19, indicate the La Colorada Skarn footprint remains open to the west.
    • Drillholes S-62-21 and S-71-21 are the most easterly drilled holes to date with high grade, polymetallic skarn mineralization, which could guide future exploration. Drillhole S-71-21 contains 77.1 metres of 119 g/t Ag, 7.70% Pb and 13.62% Zn. Drillhole S-62-21 contains 70.3 metres of 82 g/t Ag, 4.22% Pb and 9.99% Zn. Both drillholes are plus 200 metre eastern step-outs to D-81-04-20 (see news release issued on May 12, 2021).
    • Breccia style mineralization has been extended 150 metres to the southeast of the resource with exploration hole D-95-03-21 intercepting various (20 to 50 metre wide) mineralized zones over 400 metres in drill length.
  • Pan American Silver reports on status of modification to the mining law in Chubut, Argentina


    VANCOUVER, BC, Dec. 16, 2021 /CNW/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") reports that, on December 15, 2021, the legislature of the Province of Chubut in Argentina approved a legislative bill (the "Bill") that would modify the provincial mining law to allow permitting of open pit mining in certain zones in the Departments of Gastre and Telsen, which are defined by a land use sensitivity map. The Bill requires Executive approval and official publication before it becomes law.


    Pan American Silver owns 100% of the large Navidad silver project. The Navidad project is located in the north central part of the province and is within the designated zone that would potentially allow permitting of open pit mining. Any mining project, including Navidad, would be required to undergo applicable review processes and apply for permitting under provincial laws.


    Pan American Silver believes that properly permitted and regulated mining activity with sustainable mining practices, both environmental and social, can benefit the people of Chubut. Pan American Silver will continue to evaluate the potential development of Navidad. This work includes engaging in open, transparent dialogue with applicable communities of interest and assessing the permitting requirements, time lines and capital investment.


    https://news.panamericansilver…-law-in-Chubut,-Argentina


    ----
    passend hierzu:
    Pan American Silver owns 100% of the Navidad project, one of the
    world’s largest undeveloped silver deposits. We acquired the project in
    2010 through the acquisition of Aquiline Resources Inc. The Navidad
    properties are located in north central Chubut Province in Argentina.
    To date, the Navidad Project comprises eight individual mineral deposits in three separate mineralized trends (Navidad, Esperanza and Argenta trends). The six deposits of the Navidad Trend occur along strike over a distance of about 5.8 kilometres and are essentially continuous. Mineral Resource estimates have been completed for eight of these deposits.
    The Province of Chubut passed a law in 2003 (“Law 5001”) that prohibits open pit mining and the use of cyanide in mineral processing in the entire province, effectively preventing the development of Navidad. To date, this law remains in place. Our activities at Navidad at this time are guided by an investment plan that focuses primarily on satisfying the legal requirements necessary to maintain our property interests under the current mining law. We plan to continue with such maintenance requirements and remain committed to Navidad and to contributing to the positive economic and social development of Chubut, should a favourable legislative framework be adopted.


    https://www.panamericansilver.…ions/exploration/navidad/
    ---


    das wär doch was :)

  • Pan American Silver announces preliminary 2021 production results


    https://www.juniorminingnetwor…1-production-results.html


    Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") gab heute seine vorläufigen Produktionsergebnisse für das vierte Quartal ("Q4 2021") und das Gesamtjahr 2021 ("GJ 2021") bekannt.


    • Die konsolidierte Silberproduktion im Jahr 2021 von 19,2 Millionen Unzen lag innerhalb der am 9. November 2021 bekannt gegebenen revidierten Prognosespanne von 19,0 bis 20,0 Millionen Unzen.
    • Die konsolidierte Goldproduktion im Jahr 2021 lag mit 579,3 Tausend Unzen innerhalb des am 9. November 2021 bekannt gegebenen revidierten Prognosebereichs von 560,0 bis 588,0 Tausend Unzen.
    • Dolores erzielte im Jahr 2021 eine Rekord-Goldproduktion von 160,1 Tausend Unzen.

    "Die Produktion verbesserte sich im Jahr 2021 gegenüber 2020, obwohl sie weiterhin durch den reduzierten Einsatz von Arbeitskräften aufgrund der COVID-19-Pandemie eingeschränkt wurde. Wir freuen uns, dass die Produktion bei La Colorada im vierten Quartal 2021 nach den Fortschritten bei den Upgrades des Belüftungskreislaufs und den Bodenunterstützungsprogrammen schrittweise hochgefahren werden kann", sagte Michael Steinmann, President und Chief Executive Officer.


    "Glück ist, was passiert, wenn Vorbereitung auf Gelegenheit trifft."
    Lucius Annaeus Seneca (1 - 65 n. Chr.)

    • Offizieller Beitrag

    Die sollten unbedingt Bio-Leaching prüfen für Navidad. Ob das Laugen des Erzes 10 Tage dauert oder drei Monate, spielt doch keine grosse Rolle.
    Allerdings sind diese Prozess schwierig zu entwickeln und zu optimieren.


    Habe gestern diese alte Liebe (und damals ein rechter Bringer) gestern unmittelbar bei Börseneröffnung reaktiviert. Bis zum Börsenschluss +9.x %.


    Das Hoch aus 2020 gut 60% höher. Klassischer Hammer im Kerzenchart am jüngsten Tief vor 2-3 Tagen.


    Rick Rule mag aktuell den Titel. Durch ihn wurde ich erneut aufmerksam.


    LF

  • Lucky, dann hast du meine PAAS-Aktien bekommen. Ich Idiot habe meine Aktien bei Börseneröffnung verkauft, da ich fand, dass das Chartbild (in den letzten Tagen) im Vergleich zu anderen Silbernen nicht optimal war...
    Ich ärgere mich schon ein wenig, auch wenn ich mich natürlich mit meinem silberlastigen Depot nicht beklagen kann.....
    Evt. kaufe ich sie zurück, sollte es nun einen kleinen Rücksetzer geben mit geringem Volumen

    • Offizieller Beitrag

    dass das Chartbild (in den letzten Tagen) im Vergleich zu anderen Silbernen nicht optimal war...

    Auf die Gefahr hin, mich schon wieder zu wiederholen:


    Ich hatte vor Börsenöffnung den Chart studiert (fundamentals ja sehr i.O.), diesen Klasse-Hammer am Ende des Abschwungs gesehen, und 15.30 die Order abgesetzt. Wegen dem Chart.


    Wenn es ein Chartbuch gibt, das ich niemals dem Müll überantworten werde, sondern immer mal wieder konsultiere, ist es Steve Nison "Candlesticks". Dumm war ich nur, das nicht noch öfters getan zu haben! Ich kann es nur immer wieder empfehlen.


    Andere Chartbücher: im Estrich, oder entsorgt (z.B. den Original-Prechter Schinken... [smilie_happy] ...das ist ja Chart-Onanismus...im Stil von Frau Wirtin's Pfaff [smilie_happy] )


    Gute Geschäfte!


    Lucky

  • Pan American Silver drills highest grade intercept to date on the La Colorada Skarn project

    https://www.prnewswire.com/new…rn-project-301590692.html
    VANCOUVER, BC, July 21, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS)
    (TSX: PAAS) ("Pan American" or the "Company") today released results
    for 22 new infill and exploration drill holes totaling 18,071 metres
    that further demonstrate the size and quality of the mineralization at
    the Company's La Colorada Skarn project. Infill drill hole D-96-03-22,
    in the western portion of the deposit, contains an extensive zone of
    high grade silver and base metal sulphide mineralization with an
    intercept of 295.5 metres at 234 g/t Ag, 6.36% Pb and 5.72% Zn,
    including 97.0 metres at 654 g/t Ag, 15.35% Pb and 11.38% Zn.


    Drill Highlights Include:

    • D-96-03-22: 295.50 m at 234 g/t Ag, 0.09% Cu, 6.36% Pb and 5.72% Zn, including 97.00 m at 654 g/t Ag, 0.16% Cu, 15.35% Pb and 11.38% Zn
    • D-96-04-22: 31.25 m at 216 g/t Ag, 0.05% Cu, 5.60% Pb and 4.82% Zn and 40.65 m at 99 g/t Ag, 0.03% Cu, 3.64% Pb and 4.50% Zn
    • D-71-07-22: 188.50 m at 59 g/t Ag, 0.09% Cu, 3.14% Pb and 4.82% Zn, including 91.30 m at 70 g/t Ag, 0.13% Cu, 3.57% Pb and 5.86% Zn
    • D-93-03-22: 117.65 m at 35 g/t Ag, 0.09% Cu, 2.75% Pb and 3.92% Zn
    • D-93-04-22: 69.10 m at 48 g/t Ag, 0.06% Cu, 3.78% Pb and 4.83% Zn
    • D-93-05-22: 188.70 m at 68 g/t Ag, 0.11% Cu, 4.66% Pb and 6.16% Zn, including 62.65 m at 77 g/t Ag, 0.13% Cu, 6.69% Pb and 7.58% Zn
    • U-11-22: 67.70 m at 54 g/t Ag, 0.12% Cu, 3.69% Pb and 5.38% Zn
    • U-18-22: 160.90 m at 82 g/t Ag, 0.16% Cu, 3.67% Pb and 6.30% Zn, including 104.60 m at 83 g/t Ag, 0.20% Cu, 5.14% Pb and 8.91% Zn and 124.20 m at 50 g/t Ag, 0.11% Cu, 2.04% Pb and 2.66% Zn, including 43.95 m at 70 g/t Ag, 0.18% Cu, 4.10% Pb and 5.05% Zn.

    [Blockierte Grafik: https://mma.prnewswire.com/media/1863518/Pan_American_Silver_Corp__Pan_American_Silver_drills_highest_gra.jpg?p=publish]


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