Pan American Silver

Gold expert Markus Bußler reports that the gold price rose by about ten percent within a few days and mining stocks gained almost 30 percent. Pan American Silver disappointed on gold production; the cause is seismic activity at the Jacobina mine in Brazil, and Bußler explains possible implications. He sees 2026 as promising for mining investors, and also points to problems at Endeavour Silver (blockade of the Terronera access road) as well as profit-taking at Aya Gold & Silver despite strong operational numbers. » Mere på deraktionaer.de

Pan American Silver reported adjusted earnings of $0.73 per share on $1.12 billion in revenue for Q2, missing consensus estimates of $0.92 and $1.16 billion. Despite strong silver production of 6.5 million ounces and attributable free cash flow of $344 million, higher taxes and weaker gold production weighed on results. The company returned a record-like $300 million to shareholders and holds about $1.8 billion in cash with total liquidity of roughly $3.2 billion. The stock fell about 9.7% after-hours; management confirmed the annual silver guidance but expects gold production at the lower end of the range. » Mere på de.investing.com

Pan American Silver is investing $146 million to advance the Timmins Camp Project, extending life and production at its Ontario operations by using existing Bell Creek infrastructure. Plans include a 625‑meter shaft extension at Bell Creek and underground access drifts to the Vogel and Samson satellite deposits, supported by extensive drilling, engineering studies and metallurgical work. The company aims to integrate these deposits into a long‑life, district‑scale production platform and convert resources to optimize Timmins facilities. » Mere på finance.yahoo.com

Pan American Silver announces a framework under which 35–40% of attributable free cash flow will be returned to shareholders via dividends and share buybacks. For 2026 the company expects up to $1 billion in returns, including quarterly dividend payments totaling $305 million ($0.18 per common share per quarter). Excess cash flow will be used to buy back shares under an ongoing repurchase program; liquidity at the end of March was about $1.6 billion (available funds $2.4 billion). » Mere på de.investing.com

Pan American Silver announced a $1.9 billion, six-year expansion of its La Colorada mine in Zacatecas, Mexico, after identifying high-grade veins and skarn mineralization. The plan includes a new 15,000 tpd processing plant and aims for average silver production of 19.1 million ounces during the five-year peak and a 37-year mine life post-construction. Capital spending from 2026–2031 will be funded from existing operations. » Mere på finance.yahoo.com