Pan American Silver To Commence Restarting Operations At Its La Colorada Mine In Mexico On October 16, 2023
Portfolio Pulse from Benzinga Newsdesk
Pan American Silver announced the resumption of operations at its La Colorada Mine in Mexico on October 16, 2023, following a temporary suspension due to security concerns after an armed robbery. No physical injuries were reported among the company's personnel.
October 11, 2023 | 9:26 pm
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The resumption of operations at Pan American Silver's La Colorada Mine could potentially boost the company's stock price in the short term.
The temporary suspension of operations at the La Colorada Mine due to security concerns likely had a negative impact on Pan American Silver's stock price. Now that operations are set to resume, this could potentially boost the company's stock price in the short term as it signals a return to normal operations and potential revenue generation.
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