Pan American Silver Corp. (PAAS:CA) Discusses Revised Preliminary Economic Assessment and Development Plan for La Colorada Skarn Project - Slideshow

Pan American Silver Corp. unveiled a revised Preliminary Economic Assessment (PEA) for its La Colorada Skarn project, outlining updated financial and operational projections for the Mexican silver-zinc-lead-gold asset. The revised PEA reflects optimized mine planning, including extended mine life and higher estimated metal production, with silver equivalent output projected to increase by 20% compared to prior assessments. Key changes include adjusted capital expenditures, now estimated at $420 million, and a revised after-tax NPV of $510 million at an 8% discount rate, improving project economics. The development plan prioritizes phased expansion, targeting first production by 2028, with full capacity expected by 2030, subject to permitting and market conditions. Management emphasized the project’s strategic role in diversifying the company’s asset portfolio amid volatile commodity markets, positioning La Colorada as a long-term growth driver.