TSX:PAASMetals and Mining
How Investors May Respond To Pan American Silver (TSX:PAAS) Scaling Back La Colorada Skarn Ambitions
Pan American Silver Corp. recently released a revised Preliminary Economic Assessment for its La Colorada Skarn deposit, outlining a smaller, lower-risk development plan that removes block caving, reduces upfront capital needs, and can be funded internally at an estimated US$1.90 billion.
The updated plan is expected to extend La Colorada’s mine life to around 37 years and significantly increase silver output, potentially making it one of the largest and lowest-cost primary silver operations...