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We operate, develop and explore for silver producing properties and assets. Overview Reserves and Resources North & Central America

Timmins La Colorada Dolores Escobal South America

Shahuindo La Arena Huaron Morococha San Vicente Manantial Espejo Exploration & Portfolio Assets

Pan American Silver engages in both near-site mine and regional exploration programs. La Colorada Skarn Exploration Properties Navidad Advanced Stage Development Investment Interests Sustainability Overview Sustainability Reports Policies ESTMA Reports Toxics Reduction Act Reports Investors Overview Events & Presentations Reports & Filings Interactive Analyst Center Analyst Coverage Dividends Contingent Value Right (CVR) Invest in Silver News News Releases News Release Email Alerts Careers Overview Apply NowEN ES THE WORLD’S PREMIER SILVER MINING COMPANY View 2019 Sustainability report NASDAQ: PAAS $33.50 USD TSX: PAAS $44.01 CAD SILVER (SPOT) $24.62 USD GOLD (SPOT) $1,901.70 USD INVESTORS LATEST NEWS Investors Why invest Pan American Silver is the world’s premier silver mining company, with large silver reserves and a diversified portfolio of producing mines. Our asset portfolio offers unparalleled upside for investors seeking exposure to silver through the potential restart of the Escobal mine and development of the Navidad project, as well as our major exploration discovery at La Colorada. 

INVEST Operations Building the right projects Pan American Silver has a diversified portfolio of mining and exploration assets located throughout the Americas. Pan American Silver has a 26-year history of operating in Latin America, earning an industry-leading reputation for operational excellence and corporate social responsibility. 

OUR OPERATIONS Our International Operations

Pan American Silver owns and operates mines in Mexico, Peru, Canada, Bolivia and Argentina. In addition, we own the Escobal mine in Guatemala that is currently not operating.  La Colorada Our La Colorada mine in Zacatecas, Mexico is our largest silver producer, following an expansion completed in late 2016. The mine is also rich in zinc and lead base metals.

VIEW LA COLORADA100% ~1,800 Silver, Zinc, Lead, Gold Ownership Tpd throughput Metals Dolores Dolores is a silver/gold mine located in Chihuahua, Mexico that uses heap leaching technology to produce gold and silver doré. A pulp agglomeration plant was completed in 2017, enhancing and accelerating the recovery of gold and silver from higher-grade ore sourced from an open pit and an underground mine. 

VIEW DOLORES100% ~20,000 Silver, Gold Ownership Tpd Throughput Metals Huaron Our Huaron mine in Pasco, Peru produces silver-rich zinc, lead and copper concentrates. Mechanization of the operations in recent years has improved productivity and resulted in lower operating costs.

VIEW HUARON100% ~2,500 Silver, Zinc, Lead, Copper, Gold Ownership Tpd Throughput Metals Morococha Our Morococha mine in Yauli, Peru produces silver-rich zinc, lead and copper concentrates. Mechanization of the operations in recent years has improved productivity and resulted in lower operating costs.

VIEW MOROCOCHA92.3% ~2,000 Silver, Zinc, Lead, Copper, Gold Ownership Tpd Throughput Metals San Vicente Our San Vicente mine is an underground silver-zinc mine located in Bolivia. An effort is currently underway to mechanize the operations for greater efficiency and productivity.

VIEW SAN VICENTE 95% ~950 Silver, Zinc, Lead, Copper Ownership Tpd Throughput Metals

  Manantial Espejo We  are extracting further value from our operations at Manantial Espejo, located in Santa Cruz, Argentina, with the addition of two high-grade silver properties:  Joaquin and COSE. 

VIEW MANANTIAL ESPEJO 100% ~2,150 Silver, Gold Ownership Tpd throughput Metals

  Shahuindo Commercial production from this open pit, heap leach gold mine located in northern Peru began in 2016, and debottlenecking opportunities are being pursued to enhance operating efficiency. 

VIEW SHAHUINDO100% ~36,000 Gold Ownership Tpd throughput Metals La Arena La Arena is an open-pit, heap leach gold mine located in northern Peru. The mine also has sulphide expansion potential (La Arena II).

VIEW LA ARENA100% ~36,000 Gold Ownership Tpd throughput Metals Timmins The Timmins Mines include the Timmins West Mine and the Bell Creek Mine and Mill complex, located in Timmins, Ontario, one of the world's most prolific gold camps. The Bell Creek Mill processes ore from both operations.

VIEW TIMMINS100% ~4,400 Gold Ownership Tpd throughput Metals Escobal Escobal is an underground silver mine located in southeast Guatemala. Mining operations are currently suspended, pending the outcome of an ILO 169 consultation process led by the Guatemalan government.

VIEW ESCOBAL100% ~4,500 Silver, Gold, Lead, Zinc Ownership Tpd throughput Metals News Releases 7 October 2020 Pan American Silver to Announce Q3 2020 Unaudited Results on November 4 Conference Call and Webcast on November 5 READ MORE 30 September 2020 Pan American Silver Announces Restart of Huaron and Morococha Operations in Peru READ MORE 26 August 2020 Pan American Silver to Host ESG Conference Call and Webcast READ MORE VIEW ALL NEWS Events & Presentations Third Quarter 2020 Unaudited Results Conference Call and Webcast 5 November 2020

+ 1-800-319-4610 (toll-free in Canada and the U.S.)
+ 1-604-638-5340 (international participants) Events & Presentations Third Quarter 2020 Unaudited Results 4 November 2020
Vancouver, B.C.
Time: After market close EVENTS & PRESENTATIONS Responsible Investor Conference Call: A Conversation on ESG 14 September 2020

+ 1-800-319-4610 (toll-free in Canada and the U.S.)
+ 1-604-638-5340 (international participants) EVENTS & PRESENTATIONS Company Operations Sustainability Investors Careers CONTACT US

625 Howe Street, Suite 1440
Vancouver, British Columbia
V6C 2T6 Canada

Tel: (604) 684-1175
Fax: (604) 684-0147 @PANAMERICANSILVER Connect with us on LinkedInNON-GAAP MEASURES LEGAL NOTICE SITE MAP COPYRIGHT 2020 PAN AMERICAN SILVER. ALL RIGHTS RESERVED.


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