Silver Supply Ordered Today Arrives in 2032
Pan American Silver (PAAS) began a six-year, $1.9B project to access a large silver deposit in Mexico, with first meaningful metal expected in 2032. The project aims to produce 15.8M oz/year of silver at peak. Silver prices are up 9% since last Wednesday, trading at $68.80. The company expects to fund the project internally, with no financing or permitting gaps for the initial phase.




