Despite Record Earnings, PanAm Silver Production Stumbled During Q1
Investing News Network - 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.