Precious metals miner Pan American Silver is entering 2020 as a “much larger, stronger and more profitable” company, following its 2019 acquisition of Tahoe Resources, standing it in good stead to capture the benefits of the current strong metal prices.
During the 2019, which CEO Michael Steinmann said on Wednesday was the most important year in the company quarter-century history, Pan American completed the $1.07-billiion Tahoe transaction, integrated the new assets into its portfolio and captured $25-million to $30-million a year in synergies.