Vancouver-headquartered Pan American Silver operates silver and gold mines in Mexico, Peru, Canada, Chile, and Brazil. Its 2018 acquisition of Tahoe Resources gave it gold production of 500,000 oz. annually. Its takeover of the South American gold mines of Yamana Gold in early 2023 gave it four gold mines in Brazil and Peru and almost doubled gold production to 882,990 oz. in 2023, as well as increasing its silver production by 50% to 20.4 million oz.