Despite Record Earnings, PanAm Silver Production Stumbled During Q1

- May 19th, 2011

Mineweb 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.

To read the full market news, click here.

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