Pan American Silver’s Production Volume (2016-2023)

This statistic highlights Pan American Silver’s Production Volume, split between Copper, Gold, Lead, Silver, and Zinc, reported quarterly from Q1 2016 onwards.

Pan American Silver’s Production Volume

In recent years, Pan American Silver Corp has achieved notable milestones in production volume across various segments. Their silver production has remained consistently strong, with figures increasing from 6,421.0 thousand ounces (Koz) in 2016 Q1 to 6,665.0 Koz in 2019 Q3, representing a growth rate of 3.8%. However, there was a slight decline in 2023 Q1, with silver production dropping to 4,763.0 Koz, reflecting a decrease of 28.4% compared to the previous quarter.

Gold Production

Regarding gold production, the company has experienced fluctuations. It started at 41.2 Koz in 2016 Q1 and peaked at 154.6 Koz in 2019 Q2, indicating significant growth of 275.6%. Nevertheless, gold production took a major hit in 2023 Q1, reaching only 1,432.0 Koz, a decline of 99.1% compared to the previous quarter.

Zinc and Lead Production

Pan American Silver Corp has also been active in zinc and lead production. Zinc production showed a positive trend, increasing from 12.8 Kt in 2016 Q1 to 16.8 Kt in 2019 Q3, signifying growth of 31.3%. However, there was a slight dip in 2023 Q1, with zinc production at 2.5 Kt, a decrease of 85.1% compared to the previous quarter. Lead production, on the other hand, remained relatively stable, fluctuating between 4.8 Kt and 7.2 Kt during the observed period.

Copper Production

As for copper production, Pan American Silver Corp demonstrated variability, reaching its peak at 3.5 thousand metric tons (Kt) in 2018 Q1 and experiencing a significant decline to 0.1 Kt in 2022 Q1, representing a drop of 97.1% over the observed period.

Overall, the company has shown strength in silver and gold production, with fluctuations in zinc, lead, and copper production. Adapting to market conditions and optimizing production across segments is vital for maintaining their position as a leading mining company in the Americas.

About Pan American Silver Corp 

Pan American Silver Corp is a prominent mining company known for its expertise in exploring, developing, and producing precious and base metals. Their primary focus is on extracting silver, gold, zinc, lead, and copper. Operating primarily in the Americas, they have established themselves as a leading player in the mining industry.

The company’s core activities involve identifying and acquiring mineral properties, conducting geological surveys, and executing mining operations. Their specialty lies in extracting valuable metals from the earth and processing them into high-quality products. Pan American Silver Corp places a strong emphasis on adhering to strict environmental and social standards, ensuring their mining practices are sustainable and responsible.

The metals produced by Pan American Silver Corp have diverse applications across various industries. Silver and gold are in high demand for jewelry, coins, and industrial uses like electronics and solar panels. Zinc and lead are essential in construction, batteries, and manufacturing. Copper, being a versatile metal, finds application in electrical wiring, plumbing, and electronics. The company serves a wide range of customers, including industrial manufacturers, jewelry companies, financial institutions, and governments.

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