---
title: "Pan American Silver says Q2 2026 earnings rise on higher metal prices and Juanicipio contribution"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295778479.md"
description: "Pan American Silver reported a rise in Q2 2026 net earnings to USD 305 million, up from USD 190 million, driven by higher metal prices and the Juanicipio acquisition. Revenue reached USD 1.12 billion. Adjusted earnings increased to USD 308 million. Silver output rose to 6.47 million ounces, while gold output fell to 165,900 ounces due to lower grades at several mines. Silver AISC decreased to USD 17.80/oz, whereas gold AISC rose to USD 1,984/oz amid cost inflation."
datetime: "2026-08-13T10:03:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295778479.md)
  - [en](https://longbridge.com/en/news/295778479.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295778479.md)
---

# Pan American Silver says Q2 2026 earnings rise on higher metal prices and Juanicipio contribution

-   In Q2 2026, net earnings rose to USD 305 million from USD 190 million as higher metal prices lifted revenue to USD 1.12 billion. \* Adjusted earnings increased to USD 308 million from USD 155 million, reflecting stronger mine operating earnings despite higher costs. \* Silver output climbed to 6,469,000 ounces from 5,094,000 ounces, driven mainly by the Juanicipio acquisition. \* Gold output fell to 165,900 ounces from 178,700 ounces, weighed by lower grades and sequencing at Jacobina, Shahuindo, Timmins. \* Silver segment AISC eased to USD 17.80 per ounce; gold segment AISC rose to USD 1,984 per ounce on cost inflation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pan American Silver Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000771992-26-000063), on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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