Secular Silver Shortfall Could Keep Prices Higher for Longer for Pan American Silver
Pan American Silver (PAAS) is the second largest primary silver producer in the world, focused on developing primary deposits in the Americas. For the year ending December 2024, PAAS had an output of 21.1 Moz (millions of ounces) of silver and 893 Koz (thousands of ounces) of gold. Additionally, it has completed the sales of more non-core assets, giving it a record-high $887.3 million cash position.