$PAAS.TO

RBC Precious Metals Price Target Changes Brief: Lundin To C$98 From $113; PAAS To US$65 From $75; Agnico To US$230 From $280; Barrick To US$51 From $62

RBC Precious Metals Price Target Changes Brief: Lundin To C$98 From $113; PAAS To US$65 From $75; Agnico To US$230 From $280; Barrick To US$51 From $62

Correction: Pan American Silver Advances Plan to Extend Life of Timmins Mine in Ontario

(Correcting to show that all amounts are in U.S. dollars)Pan American Silver (PAAS.TO) is advancing a conceptual plan for a phased development of new mineral resources at the Timmins operation in Ontario, the company said Monday.An extensive exploration program conducted at Timmins identified new mineral resources at the Bell Creek mine and satellite deposits.The plan will support a potential expansion of mine life Timmins, the miner said.The first phase of the Timmins Camp project has commenced following board approval of a US$146 million investment for shaft extension and drift access at the Bell Creek mine, Vogel and Samson deposits.The initial spending on the first phase was included in Pan American's 2026 guidance of $40 million to $43 million of project capital at Timmins, and there are no changes to the company's 2026 annual guidance."The potential phased development and integration of the satellite deposits would transform Timmins into a long-life Canadian production platform," President and Chief Executive Officer Michael Steinmann said.

Pan American Silver Advances Plan to Extend Life of Timmins Mine in Ontario

Pan American Silver (PAAS.TO) is advancing a conceptual plan for a phased development of new mineral resources at the Timmins operation in Ontario, the company said Monday.An extensive exploration program conducted at Timmins identified new mineral resources at the Bell Creek mine and satellite deposits.The plan will support a potential expansion of mine life Timmins, the miner said.The first phase of the Timmins Camp project has commenced following board approval of a C$146 million investment for shaft extension and drift access at the Bell Creek mine, Vogel and Samson deposits.The initial spending on the first phase was included in Pan American's 2026 guidance of $40 million to $43 million of project capital at Timmins, and there are no changes to the company's 2026 annual guidance."The potential phased development and integration of the satellite deposits would transform Timmins into a long-life Canadian production platform," President and Chief Executive Officer Michael Steinmann said.

Pan American Silver Providing Exploration Update for its Timmins Operations; Advances Plans for Potential Production Growth and Mine Life Extension

Cerrado Gold to Acquire Falcon Properties in Argentina

Cerrado Gold (CERT.V) has signed a binding agreement to acquire the Falcon properties in Argentina from Pan American Silver (PAAS.TO), Cerrado said Tuesday.The Falcon properties are located near Cerrado's Calandrias heap leach facilities at its Minera Don Nicolas operation.Under the terms, Cerrado subsidiary Minera Don Nicolas (MDN) will pay $200,000 grant a 2% net smelter returns royalty on all mineral products from Falcon.Certain of the Falcon properties are also subject to a 2% net smelter royalty on all mining products to Cerro Vanguardia, for which consent to the acquisition has been obtained.A 5,000-meter definition and exploration drill program on Falcon will commence immediately, Cerrado said."The Falcon properties host additional mineralization in close proximity to our existing operations, and beyond Falcon, we see the opportunity to leverage our installed infrastructure to drive regional consolidation of the area to enhance and extend the potential mine life at our Calandrias heap leach operations and extend the long-term mineral growth potential for MDN," Cerrado Chief Executive Officer and Chairman Mark Brennan said.

SSR, OceanaGold, Pan American Silver Have Strongest Cost Performance Among Precious Metals Companies in Q1

SSR Mining (SSR.TO), OceanaGold (OFC.TO) and Pan American Silver (PAAS.TO) showed the strongest cost performance and outperformed their peer-group averages among senior precious metals producers following the first-quarter reporting season, National Bank of Canada said Thursday.Meanwhile, Versamet Royalties (VMET.TO), Metalla Royalty (MTA.V), Wesdome Gold (WDO.TO), Endeavour Silver (EDR.TO), Orezone (ORE.TO) and Barrick Gold (ABX.TO) show the lowest re-rating upside from a first-quarter revisions perspective, National Bank said.Production growth, sustained free cash flow, capital returns, possible M&A activity and/or cost improvements remain potential catalysts for this group, the bank said.Aris Mining (ARIS.TO), Heliostar (HSTR.V), Lundin Gold (LUG.TO), Elemental Royalties (ELE.TO), Agnico Eagle (AEM.TO) and Alamos Gold (AGI.TO) screen as the most attractive catch-up re-rating opportunities, with valuations having moved furthest from estimate revisions, the bank said.

Pan American Silver Upgraded to Buy at TD

Pan American Silver Corp. (PAAS.TO, PAAS) was upgraded to Buy from Hold at TD Securities on Tuesday.Analyst Wayne Lam raised his price target on shares of the Vancouver-based mining company to $72 from $67."We upgrade PAAS... with our view that recent updates have bolstered the outlook for the company ahead," Lam said in a note to clients."This includes the Skarn Update, which provides PAAS with a large silver focused growth project along with ongoing robust FCF simultaneously supporting growth initiatives and enhanced capital returns," the analyst said.

Correction To Update: -- Pan American Silver Expects to Pay Aggregate Dividends of US$305M In 2026, Paid in Equal Quarterly Installments, Currently Equivalent to $0.18 Per Common Share Per Q

Pan American Silver Q1 Revenue of US$1.2 Billion and Attributable Revenue of $1.3 Billion; Adjusted Earnings $459M, or $1.09 Basic Adjusted EPS

Update: -- Pan American Silver Expects to Pay Aggregate Dividends of US$305M In 2016, Paid in Equal Quarterly Installments, Currently Equivalent to $0.18 Per Common Share Per Quarter

Correction: -- Pan American Silver Targets Up to US$1B in Shareholder Returns in 2026 Through Enhanced Shareholder Return Framework

Pan American Silver Expects to Pay Aggregate Dividends of $305M In 1016, Paid in Equal Quarterly Installments, Currently Equivalent to $0.18 Per Common Share Per Quarter

Pan American Silver Targeting Return of 35% to 40% of Annual Attributable Free Cash Flow

Pan American Silver Targets Up to $1B in Shareholder Returns in 2026 Through Enhanced Shareholder Return Framework