Business Segments Pan American Silver Corp. Nyse

Equities

PAAS

CA6979001089

Diversified Mining

Market Closed - Nyse Other stock markets 01:30:02 12/03/2026 am IST			5-day change	1st Jan Change
60.83 ^USD	-1.11%		-1.65%	+17.41%

05/03	Pan American Silver Corp. Discovers New High-Grade Veins At La Colorada Mine	CI
05/03	Pan American Silver Reports New Discoveries at La Colorada Mine in Mexico	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Gold Ores
Brazil - Jacobina	-	-	29Cr	48Cr	66Cr
Total Assets	-	-	250.82Cr	243.65Cr	243.5Cr
CAPEX	-	-	-6.99Cr	-6.43Cr	-7.7Cr
D&A	-	-	8.69Cr	12Cr	12Cr
Operating Income	-	-	7.07Cr	16Cr	33Cr
Chile - El PeÃ±on	-	-	26Cr	40Cr	60Cr
Total Assets	-	-	78Cr	73Cr	-
CAPEX	-	-	-1.86Cr	-3.69Cr	-4.4Cr
D&A	-	-	5.42Cr	7.51Cr	8.3Cr
Operating Income	-	-	2.1Cr	11Cr	25Cr
Peru - Shahuindo	26Cr	27Cr	28Cr	34Cr	48Cr
Total Assets	59Cr	60Cr	60Cr	63Cr	73Cr
CAPEX	-2.77Cr	-4.46Cr	-5.71Cr	-4.55Cr	-5Cr
D&A	4.26Cr	4.45Cr	4.53Cr	5Cr	6.8Cr
Operating Income	9.82Cr	7.57Cr	9.57Cr	14Cr	25Cr
Canada - Timmins	24Cr	24Cr	26Cr	29Cr	36Cr
Total Assets	42Cr	38Cr	40Cr	42Cr	48Cr
CAPEX	-4.23Cr	-3.77Cr	-4.69Cr	-5.16Cr	-5.2Cr
D&A	3.98Cr	3.86Cr	3.98Cr	3.28Cr	3.9Cr
Operating Income	2.44Cr	1.88Cr	1.94Cr	5.55Cr	11Cr
Chile - Minera Florida	-	-	-	-	27Cr
Total Assets	-	-	-	-	30Cr
CAPEX	-	-	-	-	-2.7Cr
D&A	-	-	-	-	2.5Cr
Operating Income	-	-	-	-	7Cr
Mexico - Dolores	34Cr	30Cr	27Cr	23Cr	18Cr
Total Assets	75Cr	42Cr	37Cr	19Cr	17Cr
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-4.06Cr	-3.59Cr	-87L	-7L	-
EBT	-	-	-	-	-
D&A	11Cr	13Cr	11Cr	13Cr	4.3Cr
Operating Income	4.99Cr	-13Cr	2.06Cr	-9.16Cr	7.5Cr
Net Income	-	-	-	-	-
Total Assets	-	-	-	-	77Cr
Mineraflorida	-	-	15Cr	22Cr	-
Total Assets	-	-	22Cr	24Cr	-
CAPEX	-	-	-2.23Cr	-2.17Cr	-
D&A	-	-	3.33Cr	3.52Cr	-
Operating Income	-	-	-32L	3.19Cr	-
Peru - La Arena	19Cr	18Cr	19Cr	19Cr	-
Total Assets	32Cr	37Cr	38Cr	-	-
CAPEX	-4.55Cr	-4.8Cr	-2.12Cr	-1.71Cr	-
D&A	4.14Cr	3.47Cr	3.24Cr	3.41Cr	-
Operating Income	6.9Cr	3.73Cr	3.54Cr	4.66Cr	-
Silver Ores
Argentina - Cerro Moro	-	-	21Cr	24Cr	40Cr
Total Assets	-	-	21Cr	23Cr	26Cr
CAPEX	-	-	-2.54Cr	-1.22Cr	-2Cr
D&A	-	-	2.31Cr	3.55Cr	4.4Cr
Operating Income	-	-	3.03Cr	92L	11Cr
Total Assets	-	-	29Cr	-	-
Mexico - La Colorada	13Cr	16Cr	12Cr	16Cr	31Cr
Total Assets	30Cr	38Cr	43Cr	47Cr	61Cr
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-6.55Cr	-9.17Cr	-6.39Cr	-5.5Cr	-5.4Cr
EBT	-	-	-	-	-
D&A	2.05Cr	2.02Cr	2.21Cr	1.82Cr	2.8Cr
Operating Income	3.44Cr	3.61Cr	-2.77Cr	2.45Cr	12Cr
Net Income	-	-	-	-	-
Peru - Huaron	15Cr	15Cr	15Cr	17Cr	22Cr
Total Assets	12Cr	12Cr	15Cr	23Cr	25Cr
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-1.09Cr	-1.56Cr	-3.62Cr	-5.65Cr	-3.3Cr
EBT	-	-	-	-	-
D&A	1.16Cr	1.18Cr	1.29Cr	1.73Cr	2.9Cr
Operating Income	5.29Cr	3.34Cr	2.73Cr	4.46Cr	6.1Cr
Net Income	-	-	-	-	-
Mexico - Juanicipio	-	-	-	-	16Cr
Total Assets	-	-	-	-	192.1Cr
CAPEX	-	-	-	-	-90L
D&A	-	-	-	-	2.7Cr
Operating Income	-	-	-	-	11Cr
Bolivia - SAN Vicente	8.04Cr	7.69Cr	9.15Cr	9.63Cr	13Cr
Total Assets	8.89Cr	8.25Cr	7.86Cr	12Cr	19Cr
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-53.4L	-71.56L	-38L	-50L	-50L
EBT	-	-	-	-	-
D&A	92.76L	87.44L	95L	77L	90L
Operating Income	1.66Cr	85.95L	1.22Cr	2.45Cr	4Cr
Net Income	-	-	-	-	-
Total Assets	29Cr	29Cr	-	30Cr	29Cr
CAPEX	-8L	-16.06L	-21L	-9L	-
Operating Income	-3.18Cr	-	-	-	-
Operating Income	-1.11Cr	-	-	-	-
Argentina - Manantial Espejo	13Cr	11Cr	3.77Cr	-	-
Total Assets	7.1Cr	4.78Cr	22L	21L	20L
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-75.75L	-42.63L	-2L	-	-
EBT	-	-	-	-	-
D&A	1.6Cr	2.3Cr	20L	-	-
Operating Income	45.4L	-3.06Cr	33L	-	-
Net Income	-	-	-	-	-
Alamo Dorado	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
D&A	-	-	-	-	-
Net Income	-	-	-	-	-
Peru - Morococha	11Cr	2.21Cr	-	-	-
Total Assets	12Cr	10Cr	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-83.29L	-12.52L	-21L	-	-
EBT	-	-	-	-	-
D&A	1.37Cr	23.32L	-	-	-
Operating Income	1.98Cr	-9L	-	-	-
Net Income	-	-	-	-	-
Unallocated - Proportionate Share of Non-controlling Interests	-	-	-	-	70L
D&A	-	-	-	-	10L
Operating Income	-	-	-	-	10L
CAPEX	-	-	-	-	-40L
D&A	-	-	-	-	1Cr
Operating Income	-	-	-	-	-1Cr
Operating Income	36T	-	-	-	-
Operating Income	53.93L	-	-	-	-
Operating Income	-3.49Cr	-	-	-	-
Total Assets	-	-	-	82Cr	88Cr
CAPEX	-	-	-	-52L	-
D&A	-	-	-	86L	-
Operating Income	-	-	-	-86L	-
Unallocated - Company's Attributable 44% Share of Juanicipio Operating Results	-	-	-	-	-16Cr
CAPEX	-	-	-	-	90L
D&A	-	-	-	-	-2.7Cr
Operating Income	-	-	-	-	-11Cr
Diversified Metal Ores
Total Assets	8.27Cr	8.62Cr	17Cr	19Cr	26Cr
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-10L	-15.09L	-27L	-10L	-
EBT	-	-	-	-	-
D&A	13.1L	17.66L	21L	17L	-
Operating Income	-13.1L	-17.66L	-21L	-17L	-
Net Income	-	-	-	-	-
Total Assets	19Cr	19Cr	19Cr	19Cr	20Cr
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-90T	-50T	-	-	-
EBT	-	-	-	-	-
D&A	-	-	-	-	-
Net Income	-	-	-	-	-
Total Assets	18Cr	18Cr	13Cr	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-3L	-3L	-45L	-	-
EBT	-	-	-	-	-
D&A	4L	-4L	4L	-	-
Operating Income	-4L	-4L	-4L	-	-
Net Income	-	-	-	-	-
CAPEX	-	-	-3.59Cr	-	-
D&A	-	-	1L	-	-
Operating Income	-	-	-1L	-	-
Canada- Yamana Corp	-	-	2L	-	-
Total Assets	-	-	30Cr	-	-
CAPEX	-	-	-15L	-	-
D&A	-	-	58L	-	-
Operating Income	-	-	-56L	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025