Pan American Silver Corporation (PAAS-NASDAQ)
Interview with: Geoffrey A. Burns, President and CEO
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and Information on their silver mining projects in Morococha, Peru, Alamo Dorado, Mexico, Bolivia and Argentina.

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Pan American Silver expects annual silver production growing to 23 million ounces in 2008, becoming the largest primary silver producer in the world



Metals/Mining
Silver
(PAAS-NASDAQ)

Pan American Silver Corporation




Geoffrey A. Burns
President and CEO

Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
November 17, 2005

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“In our first ten years, which ended at the end of 2004, the company had grown from zero production to almost 11.5 million ounces of silver a year and gone from zero reserves and resources in the ground to almost 700 million ounces of reserves and resources in the ground. The next five years in the company, we have projects in development where we are constructing and projects where we are close to making our construction decisions, which will take that production to almost 25 million ounces of silver by 2010. At the same time, looking at our cost of production declining from five dollars an ounce in some of the early years in the nineties, to three dollars and fifty cents an ounce by 2010.” - Geoffrey A. Burns

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