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News Breaks | | | | February 21, 2013 | | 05:30 EDT |  | PAAS | Pan American Silver reports proven, probable silver reserves up to 317M ounces
Pan American Silver more than replaced the proven and probable silver and gold mineral reserves mined during the past year as a result of another very successful mine-site exploration campaign. As well, the mineral reserves increased further with the addition of the Dolores mine and the La Bolsa project, following the acquisition of Minefinders. The average cost of the new silver reserves added since 2004 from exploration was approximately 38c per ounce; without question an excellent return on our investment in exploration. In 2012, Pan American spent $18.2M in exploration, completing over 155,970 meters of diamond drilling at its seven operating mines. Through exploration activities, the company discovered 31.2M ounces of new proven and probable silver mineral reserves to more than replace the 26M contained ounces of silver that were mined at its operations during the year. The company's proven and probable silver mineral reserves at December 31, 2012 were 316.9M contained ounces, an increase of 35% from 2011. | |
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| May 14, 2013 | | 08:03 EDT |  | PAAS | Pan American Silver reports Q1 adjusted EPS 26c, consensus 25c
Reports Q1 revenue $243M, consensus $257.03M | | | 08:03 EDT | | PAAS | Pan American Silver reports increased silver and gold production in Q1
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