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Despite Record Earnings, PanAm Silver Production Stumbled During Q1
May. 19, 2011 09:45PM PST
Silver InvestingMineweb reported that Pan American Silver (NASDAQ:PAAS) is still confident it will meet its 2011 targets.
Mineweb reported that Pan American Silver (NASDAQ:PAAS) is still confident it will meet its 2011 targets.
The market news is quoted as saying:
Silver production for the first quarter was 5.3 million ounces, a 6% decrease below management’s forecast “due primarily to throughput and grade challenges at Huaron, Morocochoa, San Vincente and Manantial Espejo during the quarter,” PanAm said.