Pan American Silver unveils $1.9B expansion plan for La Colorada

NodeGuardian · 2026-04-01T02:14:55+00:00

Pan American Silver Corp. unveiled a $1.9 billion expansion for its La Colorada property in Mexico, aiming for 15.8 million ounces of silver annually by 2034. Funded via cash flow, it has an after-tax net present value of $2.6 billion.

NodeGuardian

2026-04-01 02:14:55

Abstract generation in progress

Pan American Silver Corp. announced a revised preliminary economic assessment for its La Colorada property in Mexico, detailing a $1.9 billion expansion to become one of the world’s largest silver operations. The plan includes a new 15,000 tonnes-per-day processing plant, projecting 15.8 million ounces of annual silver production from 2034, and is expected to be funded through existing cash flow. The company’s stock has seen a significant return over the past year, and the project boasts a projected after-tax net present value of $2.6 billion.

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