Top Primary Silver Miner Cost of Production Now Breaking Even

by Steve St. Angelo
SRSRocco Report

One of the top primary silver mining company’s is now breaking even producing silver. Pan American Silver just released its Q1 2020 Report surprising analysts by posting a net loss of $77 million. However, if we go by the company’s “Adjusted Earnings,” Pan American Silver reported a $7.6 million loss. This is the figure I use for my calculations in determining the “Estimated Breakeven.”

I will be posting a new Youtube Video update on the details of the Silver Market and the Breakeven Analysis this weekend.

Here is a quick peek of Pan American Silver’s All-In Sustaining Cost (AISC) that jumped in the first quarter of 2020:

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