Jan 22 Pan American Silver Corp's
fourth-quarter silver production rose 30 percent, and the
Canadian miner expects higher silver output in 2013 following
the acquisition of the Dolores mine in Mexico.
The company expects silver production for 2013 to be between
25 million and 26 million ounces, up from 25.1 million ounces it
produced in 2012.
Pan American bought Minefinders Corp, which owned the
Dolores mine, for about C$1.5 billion last year
The silver miner, which also owns projects in Peru,
Argentina and Bolivia, produced 6.9 million ounces of silver,
32,381 ounces of gold in the fourth quarter.
Vancouver, British Columbia-based Pan American said the jump
in production was the result of the acquisition and integration
of the Dolores mine.
Shares of Pan American, which has a market value of C$2.80
billion, closed at C$18.36 on Monday on the Toronto Stock