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Pan American profits jump, dividend increased

Pan American Silver has reported a 267% jump in net income to US$71.2 million on sales of $382.1 million in the three months to June 30 compared with $19.4 million in the prior year period due to greater silver and gold production as well as higher prices for all the metals it produces.

Pan American profits jump, dividend increased Pan American profits jump, dividend increased Pan American profits jump, dividend increased Pan American profits jump, dividend increased Pan American profits jump, dividend increased

Pan American Silver's La Colorada mine in Zacatecas, Mexico

The company produced 4.5 million ounces of silver in the quarter, 142,300oz gold, 12,400 tonnes zinc, 4,800t lead and 2,100t copper, and expects a stronger second semester.