Pan American Silver Corporation
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Pan American Silver Corporation
Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina. It is one of the world's biggest silver producers; in 2017 the company extracted 25 million ounces of Silver, 160,000 ounces of Gold, 55,300 ounces of Zinc, 21,500 tonnes of Lead, and 13,400 tonnes of Copper. History Pan American Silver was founded in April 1994 by Ross Beaty. Beaty had previously founded and run Equinox Resources, which he eventually sold to an American mining company. It listed on NASDAQ in 1995 and acquired its Quiruvilca mine in the same year. In 1998, it acquired the La Colorada Mine in Mexico, and in 2000 it acquired the Huaron mine in Peru. In 2012, Pan American acquired Minefinders Corporation for C$1.5 billion; Minefinders principal asset was the Dolores Mine in Mexico. In 2018, it temporarily curtailed operations at its Dolores mine in Mexico, due to violence in the are ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Dolores Mine
Dolores mine is an open pit silver and gold mine in the Mexican state of Chihuaua. It is owned by the Canadian company Pan-American Silver (PAS). The mine began production in 2008 and was expected to produce over $3 billion in profits. in 2010 the mine was expected to produce 80,000 ounces of gold and 4,000,000 ounces of silver per year for 17 years. The mine has generated an environmental conflict, and local communities have fought for better environmental protection and larger shares of the profits from the mine. The conflict is exacerbated by militarisation associated with the Mexican drug war. Arsenic leeching from the mine has contaminated local water supplies, and hundreds of families have been displaced. Background The mine was originally developed by the Canadian company Minefinders. In 2006, farmers from the Huizopa ejido signed a contract with Minefinders, giving the company access to their land for 16 years. The ejido received 39 million pesos ($3.7 million). ...
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Manantial Espejo Mine
The Manantial Espejo mine is a large silver mine located in Deseado Massif in Santa Cruz Province, southern Patagonia. Manantial Espejo represents one of the largest silver reserve in Argentina and in the world having estimated reserves of 25.7 million oz of silver. See also *Mining in Argentina Mining in Argentina includes primary aluminum, lead, copper, zinc, silver, and gold. In 2019, Argentina was the 4th largest world producer of lithium, the 9th largest world producer of silver, the 17th largest world producer of gold Gold is a ... References Silver mines in Argentina Mines in Santa Cruz Province, Argentina {{SantaCruzAR-geo-stub ...
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Potosí Department
Potosí (; Aymara language, Aymara: ''Putusi''; qu, P'utuqsi) is a Departments of Bolivia, department in southwestern Bolivia. It comprises 118,218 km2 with 823,517 inhabitants (2012 census). The capital is the city of Potosí. It is mostly a barren, mountainous region with one large plateau to the west, where the largest Salt pan (geology), salt flat in the world, Salar de Uyuni, is located. Cerro Rico, Cerro Potosí was the richest province in the Spanish empire, providing a great percentage of the silver that was Spanish treasure fleet, shipped to Europe. Potosi is also the location of the San Cristóbal mine (Bolivia), San Cristóbal silver, zinc and lead mines, developed by the US-company Apex Silver Mines Limited of Colorado and in November 2008 sold to the Japanese Sumitomo Corporation. Government The chief executive office of Departments of Bolivia, Bolivia departments (since May 2010) is the governor; until then, the office was called the prefect, and until 2006 ...
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San Vicente Mine
The San Vicente mine is a large silver mine located in Potosí Department, Bolivia. San Vicente is one of the largest silver reserves in Bolivia , image_flag = Bandera de Bolivia (Estado).svg , flag_alt = Horizontal tricolor (red, yellow, and green from top to bottom) with the coat of arms of Bolivia in the center , flag_alt2 = 7 × 7 square p ... and in the world, containing an estimated 36.1 million ounces of silver. References Silver mines in Bolivia Mines in Potosí Department {{Mining-stub ...
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Pasco Region
Pasco () is a department and region in central Peru. Its capital is Cerro de Pasco. Political division The region is divided into 3 provinces ( es, provincias, singular: ), which are composed of 28 districts (''distritos'', singular: ''distrito''). Provinces The provinces, with their capitals in parentheses, are: * Daniel Alcídes Carrión (Yanahuanca) * Oxapampa (Oxapampa) * Pasco (Cerro de Pasco) Places of interest * Cerro de la Sal * El Sira Communal Reserve * Gran Pajonal * San Matías–San Carlos Protection Forest * Yanachaga–Chemillén National Park * Yanesha Communal Reserve The Communal Reservation Yanesha or Yanesha Community Reserve is a communal reserve in the Palcazu District of Oxapampa Province of Peru. It covers an area of in the Palcazu River basin. The reserve was creating by law on April 28, 1988, to prot ... External links Gobierno Regional Pasco – Pasco Regional Government official website Regions of Peru {{Pasco-geo-stub ...
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Chihuahua (state)
Chihuahua (), officially the Free and Sovereign State of Chihuahua ( es, Estado Libre y Soberano de Chihuahua), is one of the 31 states which, along with Mexico City, comprise the 32 federal entities of Mexico. It is located in northwestern Mexico, and is bordered by the states of Sonora to the west, Sinaloa to the southwest, Durango to the south, and Coahuila to the east. To the north and northeast, it shares an extensive border with the U.S. adjacent to the U.S. states of New Mexico and Texas. Its capital city is Chihuahua City; the largest city is Ciudad Juárez. Although Chihuahua is primarily identified with its namesake, the Chihuahuan Desert, it has more forests than any other state in Mexico, aside from Durango. Due to its variant climate, the state has a large variety of fauna and flora. The state is mostly characterized by rugged mountainous terrain and wide river valleys. The Sierra Madre Occidental mountain range, part of the continental spine that also inc ...
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Zacatecas
, image_map = Zacatecas in Mexico (location map scheme).svg , map_caption = State of Zacatecas within Mexico , coordinates = , coor_pinpoint = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = Mexico , subdivision_type1 = Capital , subdivision_name1 = Zacatecas , subdivision_type2 = Municipalities , subdivision_name2 = 58 , established_title = Admission , established_date = December 23, 1823 , established_title2 = Order , established_date2 = 10th , founder = , seat_type = , seat = , government_footnotes = , leader_party = , leader_title = Governor , leader_name = David Monreal Ávila , leader_title1 = Senators , leader_name1 = , leader_title2 = Deputies , leader_name2 = , unit_pref ...
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Escobal Mine Protests
The Escobal mine protests are a series of political protests opposing the Escobal mine, a large Silver mining, silver mine developed by Canada, Canadian mining company Tahoe Resources in San Rafael Las Flores, Guatemala. Since 2009 various community groups have advocated against the mine, citing risks of Environmental degradation, environmental damage and the land sovereignty rights of the indigenous Xinca people. These groups have employed Nonviolent resistance, nonviolent protest tactics such as blockading mine property and voting in municipal referendums, which found that over 95% of residents in surrounding communities opposed the Escobal mine. The protests have been met with systematic violence from both state forces and Escobal's private security, including shootings, kidnappings, and an official State of emergency, state of siege declared in May 2013 to suppress public opposition. Escobal opened in 2014 and operated for three years before Tahoe's mining license was suspended ...
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Escobal Mine
The Escobal mine is a large silver mine located east of San Rafael Las Flores in the south of Guatemala in Santa Rosa Department. Escobal represents one of the largest silver reserve in Guatemala and in the world having estimated reserves of 367.5 million oz of silver. Exploration was by Goldcorp beginning in 2007. The mine was sold to Tahoe Resources in 2011. In April 2013 the mine was granted a 25 year license. The local Xinca people The Xinka, or Xinca, are a non-Mayan indigenous people of Mesoamerica, with communities in the southern portion of Guatemala, near its border with El Salvador, and in the mountainous region to the north. Their languages (the Xincan languages) are ... have led protests opposing the Escobal mine, but these protests have been suppressed by the Guatemalan government. References External linksMap showing location of mine {{coord missing, Guatemala Silver mines in Guatemala ...
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Tahoe Resources
Tahoe Resources Inc. was a mining company and intermediate precious metals producer with silver and gold mines in Canada, Guatemala and Peru. It was founded in Vancouver, British Columbia by Kevin McArthur, former CEO of Glamis Gold and Goldcorp. Incorporated in British Columbia, Canada, the company's U.S. headquarters is located in Reno, Nevada. In 2016, the company acquired Lake Shore Gold in Ontario, valued at $945 million CAD, making it a wholly owned subsidiary of Tahoe Resources and effectively adding Lake Shore's Timmins West and Bell Creek gold mines in Ontario to Tahoe Resources' assets, which include mines in Guatemala and Peru. The company employs more than 2,000 people worldwide. Tahoe Resources is a publicly traded company in the Industrial Metals and Minerals industry, listed on the New York Stock Exchange and the Toronto Stock Exchange. In 2017, Tahoe Resource ...
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Environmental Conflict
Environmental conflicts or ecological distribution conflicts (EDCs) are social conflicts caused by environmental degradation or by unequal distribution of environmental resources.Libiszewski, Stephan.What is an Environmental Conflict." ''Journal of Peace Research'' 28.4 (1991): 407-422. The Environmental Justice Atlas documented 3,100 environmental conflicts worldwide as of April 2020 and emphasised that many more conflicts remained undocumented. Parties involved in these conflicts include locally affected communities, states, companies and investors, and social or environmental movements; typically environmental defenders are protecting their homelands from resource extraction or hazardous waste disposal. Such activities create resource scarcities (such as by overfishing or deforestation), pollute the environment, and degrade the living space for humans and nature, resulting in conflict. Frequently environmental conflicts focus on environmental justice issues, the rights of ind ...
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