Pan American Silver (PAAS) stock fell nearly 10% after reporting Q2 earnings that missed analyst expectations. While revenue reached $1.12B (up from $812M YoY) and adjusted net income nearly doubled to $308M ($0.73/share), both figures fell short of consensus estimates ($1.16B revenue, $0.92 EPS). Silver production met guidance at 6.5M ounces, but gold operations underperformed, and management lowered full-year production guidance to the bottom end of its range.

Silver prices have rebounded from a recent low of $56 to over $64 per ounce, driven by continued AI data center demand despite earlier investor skepticism. Major tech companies are maintaining their data center spending plans, and silver producer stocks have surged in August. The article recommends silver investments through both producer stocks and ETFs.

Silver has fallen 50% from its January peak of $115/oz to $58/oz, driven by investor concerns about AI data center spending despite strong long-term demand fundamentals. McKinsey projects $7 trillion in global data center spending by 2030, and major hyperscalers continue their infrastructure investments. The article suggests this dip may present a buying opportunity for silver and related producers.

Gold has declined below $4,000 per ounce to $3,960, its lowest level in eight months, driven by expectations of prolonged tight US monetary policy and a stronger dollar. Despite the selloff, technical indicators suggest oversold conditions and fundamental support from central bank demand remains strong. Gold mining stocks are highlighted as potential opportunities for leveraged exposure to an anticipated bullion price recovery.

The article compares two precious metals mining ETFs: Sprott Gold Miners ETF (SGDM), which focuses on North American gold producers with a lower 0.46% expense ratio, and Global X Silver Miners ETF (SIL), which provides global silver exposure with higher 1-year returns (83% vs 53%) but greater volatility. Gold miners are recommended for new precious metals investors, while silver miners suit those seeking higher-conviction bets on industrial and monetary demand convergence.

GoldHaven Resources Corp. has secured approximately C$8.2 million in funding (C$3.2 million flow-through plus C$5.0 million LIFE Offering) to advance its 37,204-hectare Magno Project in British Columbia's Cassiar District. The company plans a 1,741 line-km airborne magnetic survey in June 2026 and an expanded drill program targeting three priority zones with high-grade silver-lead-zinc-tungsten mineralization. The funding positions GoldHaven to capitalize on the current silver market repricing and institutional demand for polymetallic exposure.

Gold Candle Ltd. has agreed to acquire Pan American Silver's Larder gold deposit in Abitibi for 15 million shares, adding 388,000 ounces of indicated gold resources and 933,000 ounces of inferred resources. The acquisition expands Gold Candle's land package to over 27,000 hectares along the Cadillac-Larder Lake fault and is expected to close in Q3 2026.

Fredonia Mining Inc. has completed the acquisition of approximately 11,754 hectares of mineral properties from a Pan American Silver subsidiary in Argentina's Deseado Massif region. The acquisition expands Fredonia's consolidated land position by over 50% to ~33,500 hectares, connecting previously fragmented northern and southern mineralized corridors into a unified district-scale system adjacent to AngloGold Ashanti's Cerro Vanguardia mine. The company is advancing a Preliminary Economic Assessment and 10,000-metre drill program on its flagship EDM project, which hosts a measured and indicated mineral resource of approximately 2.25 million ounces of gold equivalent.

Royal Columbian Hospital Foundation is hosting The Great Give Back on March 14, 2026, a free community celebration at Queen's Park Sportsplex to recognize donor support for the upcoming Jim Pattison Acute Care Tower. The event features live entertainment, family activities, healthcare career fair, and food vendors, with attendees' photos to be featured in an art installation within the new tower.

Pan American Silver announced exploration success at its La Colorada mine in Mexico, discovering at least four new high-grade veins with silver assays exceeding 1,000 g/t in 40% of drill holes. The company plans to incorporate these findings into a phased development plan targeting higher-grade zones, with results expected in a mineral reserve update by June 30, 2026. However, the stock traded down 1.87% in premarket, with technical indicators showing mixed momentum despite the positive exploration news.

Pan American Silver's stock has surged over 30% this year as record silver prices and increased production drive growth. The company reported record 2025 revenue of $3.6 billion and EPS of $2.56, with plans to increase silver production by 14% in 2026. Silver is entering its sixth consecutive year of structural deficit, with experts forecasting the new normal around $70 per ounce and J.P. Morgan predicting an average of $81 per ounce for the year. However, silver's historical volatility poses risks to investors.

YieldMax ETFs launched the YieldMax Strategic Metals & Mining Portfolio Option Income ETF (NYSE: MINY) on February 27, 2026. The fund seeks to generate current income through options-based strategies on strategic metals and mining companies, with Tidal Investments LLC as the investment adviser. The fund's first distribution is expected to be announced on March 10, 2026.