Silver AISC at Multi-Year Low for PAAS: Can It Sustain These Levels?

Key Takeaways PAAS' Q1 silver AISC was $13.94, a 16% drop year over year and well below its $21.00-$22.25 guidance. Cost gains came from La Colorada's ventilation upgrades and Cerro Moro's gold by-product credits. Planned MAG Silver deal may cut AISC further with Juanicipio's $6.00-$8.00 projected cost range.Pan American Silver Corp. (PAAS) impressed with notable declines in costs for its silver segment in the first quarter of 2025. The segment’s All-in Sustaining Costs (AISC) per silver ounce came in at ...