- Pan American Silver yesterday announced its Q1 2023 silver production of 3.9 million ounces and gold production of 122.7 thousand ounces .
The company’s revenue was $390.3 million in Q1 2023 , inclusive of a negative $3.8 million price adjustment on open concentrate shipments. "Pan American reported solid results for the first quarter of 2023, with adjusted earnings of $0.10 per share," said Michael Steinmann, President and CEO."Going forward, Pan American will be a significantly larger, more diversified company following our acquisition of Yamana. Our guidance for 2023 demonstrates the positive impact of the four new mines on production and costs, and we are excited by the growth opportunities the combined portfolio presents.
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