Pan American Silver to acquire MAG Silver Corp. for $2.1 billion

Pan American Silver announced a definitive agreement to acquire all shares of MAG Silver Corp. for total consideration of approximately $2.1 billion, including $500 million in cash and stock. MAG Silver holds a 44% interest in the Juanicipio silver mine in Mexico.

“Our acquisition of MAG brings into Pan American's portfolio one of the best silver mines in the world.”panamericansilver.com

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• panamericansilver.comPan American Silver Announces Agreement to Acquire ...ConnieMay 12, 2025

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