Silver Investing News » Pan American Silver reported Record Silver Production

Pan American Silver reported Record Silver Production

November 11, 2009 @ 11:56 am In Silver Company News

Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) today announced unaudited financial and operating results for the quarter ended September 30, 2009.

The press release is quoted as saying:

Pan American posted record sales of $118.6 million during the third quarter of 2009. Sales were 49% higher than a year ago, mainly due to greater quantities of silver and gold sold. Silver and gold sales accounted for 63% and 17% of quarterly Company revenues respectively, which has increased Pan American's exposure to precious metals to 80% of total revenues.

Click here to access the entire press release ^[1]

Click here to access Pan American Silver Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Pan-American-Silver-Corp-TSX-PAA-1074556.html

[2] Click here to access Pan American Silver Corporate Site: http://www.panamericansilver.com/index.php