Pan American Silver Reports Best Fourth Quarter

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Mon, Feb 15, 2010
Lead Company News
Post by Melissa Pistilli, Lead Reporter

Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) reported record-setting operating and financial results for the fourth quarter and fiscal year ended December 31, 2009. The Company updated on its operations and its production forecast for 2010.

The press release is quoted as saying:

Pan American expects gold production to decline in 2010, to 85,600 ounces as a result of slightly lower gold grades at Manantial Espejo and Alamo Dorado. In contrast, the Company expects zinc, lead and copper production to increase to 46,000 tonnes, 15,800 tonnes and 7,300 tonnes respectively, due to a full year’s production from San Vicente and an increase in throughput at Huaron.

Click here to access the entire press release

Click here to access Pan America’s Silver Corporate Site

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