Pan American Silver diversifies mines to reduce political risk

Pan American Silver Corp. has faced criticism for its mines located in politically unstable regions of South America. This has raised concerns about the security of its operations and investments. Recently, the company has expanded its focus to include precious metal mines outside of these regions. This shift aims to diversify its portfolio and reduce risks associated with political instability. The new strategy marks a significant change for Pan American Silver, as it seeks to strengthen its position in the precious metals market while mitigating potential challenges from its previous locations.