Pan American Silver Corp. is poised to boost production in mineral-rich Mexico through the proposed $1.5-billion acquisition of Minefinders Corp., a fellow Vancouver-based company with an aggressive growth strategy.
Pan American, the worlds second-largest primary silver miner, is offering a combination of cash and/or shares – or both – for Minefinders, owner of the Dolores silver and gold mine in northern Mexico and the nearby La Bolsa property set to begin production later this year.