Pan American Silver – executive interview

In this interview, Pan American Silver president and CEO Michael Steinmann discusses the company’s strategic focus on acquiring and developing high-quality, long-life assets to complement its status as the world’s second-largest primary silver producer. He details the company’s growth options, including the optimisation of the Jacobina mine in Brazil and the newly announced staged development approach at the world-class La Colorada Skarn deposit in Mexico. He also covers the impact of the recent acquisition of a 44% stake in the Juanicipio mine, noting it has significantly lowered silver costs while generating strong cash flows that support increasing shareholder returns through dividends and share buybacks.

Pan American Silver is one of the largest global primary silver producers and a sizeable gold miner, with operations in North, Central and South America since 1994. It owns 11 producing operations, the currently suspended top-tier Escobal silver mine and a number of large-scale advanced exploration and development projects.