RIO News: Pan American Silver (PAAS) Divests Assets to Optimize Portfolio - 27th Sep 2023, 12:31am

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Pan American Silver Corp. PAAS announced that it sold its 56.25% interest in the MARA project in Argentina and its 92.3% interest in the Morococha mine in Peru. This move to sell non-core assets will help the company in its ongoing endeavor to optimize its portfolio.

Pan American Silver will also be able to lower its annual project development, reclamation, and care and maintenance costs. In the second quarter of 2023, these costs for the MARA and Morococha projects were around $15.7 million....

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