The key takeaways from Pan American’s (PAAS’s) investor day on 18 June are as follows. The recent government changes in Guatemala caused a delay in the ILO 169 consultation process at Escobal. PAAS awaits reappointment of the vice minister of sustainable development, expected in July, to restart the process and re-establish the timeline. At La Colorada, PAAS is working towards resolving the well-publicised ventilation issues and is on track to commission new ventilation fans in July. The ongoing optimisation programme at Jacobina is considering a change in mining method to paste backfill that will potentially enable PAAS to develop deeper parts of the project’s resources and reduce costs. At Skarn, PAAS has been in early discussions with various potential development partners. However, the current focus remains on advancing the project to the PFS, or updated PEA, stage which will determine the mining method and the project’s economics.