HomeLoansPan American Silver reports Q2 2022 results

Pan American Silver reports Q2 2022 results

All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted

VANCOUVER, BC, Aug. 10, 2022 /CNW/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) today reported unaudited results for the quarter ended June 30, 2022 (“Q2 2022”).

“Operations at our flagship asset, La Colorada, have improved significantly, with silver production rising to approximately 1.7 million ounces in Q2,” said Michael Steinmann, President and Chief Executive Officer. “However, Pan American’s Q2 results were markedly impacted by the underperformance at Dolores and our determination that recording an impairment of this asset was required. The remaining operations performed largely in line with our expectations, recovering…

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