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. » More on 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. » More on 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. » More on finance.yahoo.com