<SEC-DOCUMENT>0000771992-19-000055.txt : 20190808
<SEC-HEADER>0000771992-19-000055.hdr.sgml : 20190808
<ACCEPTANCE-DATETIME>20190807180357
ACCESSION NUMBER:		0000771992-19-000055
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20190630
FILED AS OF DATE:		20190808
DATE AS OF CHANGE:		20190807

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PAN AMERICAN SILVER CORP
		CENTRAL INDEX KEY:			0000771992
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-13727
		FILM NUMBER:		191006803

	BUSINESS ADDRESS:	
		STREET 1:		1500-625 HOWE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T6
		BUSINESS PHONE:		604-684-1175

	MAIL ADDRESS:	
		STREET 1:		1500 625 HOWE ST
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PAN AMERICAN MINERALS CORP
		DATE OF NAME CHANGE:	19950608
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6knr2019-08x07.htm
<DESCRIPTION>6-K
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2019 Workiva -->
<title>Document</title></head><body><div id="i_0_1"></div><div style="height:42.75pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:98.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">UNITED STATES</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Washington, D.C. 20549</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">__________________</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">FORM 6-K&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">_____________________</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">REPORT OF FOREIGN PRIVATE ISSUER</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">PURSUANT TO RULE 13a-16 OR 15d-16</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">UNDER THE SECURITIES EXCHANGE ACT of 1934</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">August&#160;7, 2019 </font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">_____________________</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Pan American Silver Corp.</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(Exact name of registrant as specified in its charter)</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#160;1500-625 HOWE STREET</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">VANCOUVER BC CANADA V6C 2T6</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(Address of principal executive offices)</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#160;000-13727</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(Commission File Number)</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">_____________________</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:22.011713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.688141%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:4.295754%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:17.472914%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:4.295754%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.235725%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Form 20-F&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Form 40-F &#160;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #000000;padding-left:6pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">X</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr></table></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1). _____</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)&#58; _____</font></div><div><font><br></font></div><div style="text-align:center;"><font><br></font></div><div><font><br></font></div><div style="text-align:center;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:98.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:98.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Signatures</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:45.877013%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:2.099561%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:46.023426%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pan American Silver Corp.</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(Registrant)</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Date&#58; August 7, 2019</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">By&#58;&#160;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">&#47;s&#47;&#160;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:100%;">DELANEY FISHER</font></div></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Delaney Fisher</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Vice President, Legal Affairs and Corporate Secretary</font></td></tr></table></div><div style="text-align:center;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:98.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:98.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;border-bottom:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">EXHIBIT LIST</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:7.809663%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.856515%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:82.333821%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exhibit</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Description</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99.1&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;"><a href="paas06-30x2019financia.htm" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;">Interim Financial Statements for the Period Ended June 30, 2019</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;"><a href="paas06-30x2019mdaq2.htm" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;">Management&#8217;s Discussion and Analysis for the Period Ended June 30, 2019</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;"><a href="paas06-30x2019ceocert.htm" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;">CEO Certificate</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;"><a href="paas06-30x2019cfocert.htm" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;text-decoration: underline;">CFO Certificate</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99.5&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:10.5pt;font-weight:400;line-height:100%;text-decoration: underline;"><a href="paasq22019nr2019-8x07q.htm" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Calibri';font-size:10.5pt;font-weight:400;line-height:100%;text-decoration: underline;">Pan American Silver Reports Earnings per Share of $0.09 for the Second Quarter of 2019</a></font></div></td></tr></table></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Exhibits 99.1 and 99.2 of this report on Form 6-K is incorporated by reference into the Registrant&#8217;s registration statement on Form F-10 (No. 333-212468) and registration statements on Form S-8 (Nos. 333-180494, 333-180495, 333-206162 and 333-229795) that have been filed with the Securities and Exchange Commission.</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:98.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>paas06-30x2019financia.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2019 Workiva -->
<title>Document</title></head><body><div id="i_0_1"></div><div style="height:72pt;width:100%;"><div><font><br></font></div></div><div style="text-align:right;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Exhibit 99.1</font></div><div style="text-align:right;margin-bottom:6pt;"><font><br></font></div><div style="text-align:right;margin-bottom:6pt;"><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:62px;width:279px;"></div><div style="text-align:right;margin-bottom:6pt;"><font><br></font></div><div style="text-align:right;margin-bottom:6pt;"><font><br></font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:26pt;font-weight:700;line-height:120%;">Unaudited Condensed Interim Consolidated Financial Statements and Notes</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:12pt;font-weight:400;line-height:120%;">FOR THE THREE AND SIX MONTHS ENDING JUNE&#160;30, 2019</font></div><div><font><br></font></div><div><font><br></font></div><div id="i_0_4"></div><div></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;">Condensed Interim Consolidated Statements of Financial Position</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">(unaudited, in thousands of U.S. dollars)</font></div></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">     </font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents (Note 21)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,510&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments (Note 6)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,594&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,004&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Trade and other receivables</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">173,856&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">96,091&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income taxes receivable</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,751&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,108&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Inventories (Note 7)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">283,320&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">214,465&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial instruments (Note 5a)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,356&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">640&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Assets held for sale</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">406,780&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Prepaid expenses and other current assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,307&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,556&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,050,185&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">548,374&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-current assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mineral properties, plant and equipment (Note 8)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,240,212&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,301,002&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Inventories (Note 7)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,982&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Long-term refundable tax</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,833&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Deferred tax assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,939&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,244&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Investment in associates (Note 10)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,877&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70,566&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Goodwill and other assets (Note 11)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,067&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,220&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,422,095&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,937,476&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accounts payable and accrued liabilities (Note 12)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182,374&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">131,743&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial instruments (Note 5a)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current portion of provisions (Note 13)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,711&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,072&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current portion of lease obligations (Note 14)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,525&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,356&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Liabilities relating to assets held for sale</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,934&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income tax payable</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,551&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,306&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">257,095&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">150,528&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-current liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Long-term portion of provisions (Note 13)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">142,660&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70,083&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Deferred tax liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">183,121&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">148,819&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Long-term portion of lease obligations (Note 14)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,233&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,320&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Debt (Note 15)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335,000&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Deferred revenue (Note 10)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,731&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,288&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other long-term liabilities (Note 16)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27,476&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,425&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share purchase warrants (Note 10)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,850&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,664&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,003,166&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">424,127&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Equity</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Capital and reserves (Note 17)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Issued capital</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,117,651&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,321,498&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reserves</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">94,818&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,573&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Investment revaluation reserve</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">208&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Deficit</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(799,082)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(836,067)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Equity attributable to equity holders of the Company</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,413,388&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,508,212&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-controlling interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,541&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,137&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Equity</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,418,929&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,513,349&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Liabilities and Equity</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,422,095&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,937,476&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">The Company determined that this meets the definition of an asset held for sale upon acquisition (Note 4).</font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">See accompanying notes to the condensed interim consolidated financial statements</font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-style:italic;font-weight:400;line-height:100%;">APPROVED BY THE BOARD ON AUGUST&#160;7, 2019</font></div><div><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:84.064327%;"><tr><td style="width:1.0%;"></td><td style="width:14.869565%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.608696%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:29.826087%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.347826%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:26.347826%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#34;signed&#34;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Ross Beaty, Director</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#34;signed&#34;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Michael Steinmann, Director</font></td></tr></table></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">     </font></div><div id="i_0_7"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">2</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;">Condensed Interim Consolidated Income Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">(unaudited, in thousands of U.S. dollars except per share amounts)</font></div></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">                      </font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue (Note 22)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">282,948&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">216,460&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">515,591&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">423,421&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cost of sales (Note 22)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production costs (Note 18)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(184,004)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(116,413)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(343,857)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(228,862)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Depreciation and amortization</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(57,613)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(37,626)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(106,947)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(72,164)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,191)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,570)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,453)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,420)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(246,808)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(161,609)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(462,257)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(313,446)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine operating earnings (Note 22)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,140&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,851&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,334&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">109,975&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">General and administrative</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,571)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,566)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,506)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,524)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,625)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,877)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,079)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,621)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine care and maintenance</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,842)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,289)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Foreign exchange gains (losses)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">697&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,917)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,148)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,592)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gains on commodity and foreign currency contracts (Note 5d)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,240&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">906&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,581&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,639&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gains (losses) on sale of mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,447&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(182)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,487&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,804&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share of income from associate and dilution gain (Note 10)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">309&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,113&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">920&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,272&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Transaction and integration costs (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,446)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,849)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bargain purchase gain (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,492&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(350)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,135)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(243)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(591)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings from operations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,999&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">56,193&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,700&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">111,362&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on derivatives (Note 5d)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,785)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(737)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(780)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Investment income (loss)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,533&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,071)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,816&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">827&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Interest and finance expense (Note 19)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,945)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,175)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,669)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,533)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings before income taxes</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,802&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,210&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,833&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">107,876&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income tax expense (Note 23)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,937)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,514)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,227)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(23,024)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings from continuing operations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,865&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,606&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings from discontinued operations (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,634&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,705&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Attributable to&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Equity holders of the Company</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,371&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,187&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-controlling interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">128&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">509&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">665&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,289&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings per share attributable to common shareholders (Note 20)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Basic earnings per share</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.27&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.55&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Diluted earnings per share</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.27&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.54&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted average shares outstanding (in 000&#8217;s) Basic</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,461&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,295&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,055&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,303&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted average shares outstanding (in 000&#8217;s) Diluted</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,568&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,545&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,178&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,543&#160;</font></td></tr></table></div><div style="text-align:justify;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">See accompanying notes to the condensed interim consolidated financial statements.</font></div><div><font><br></font></div><div></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">3</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;">Condensed Interim Consolidated Statements of Comprehensive Income </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">(unaudited, in thousands of U.S. dollars)</font></div></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">    </font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Items that may be reclassified subsequently to net earnings&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Unrealized net gains on short-term investments (Note 5c)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">533&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">343&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclassification adjustment for realized gains on short-term investments to earnings (Note 5c)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(461)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(208)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(330)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total comprehensive earnings for the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,768&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,104&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,865&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total comprehensive earnings attributable to&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Equity holders of the Company</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,371&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,259&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,439&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,576&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-controlling interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">128&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">509&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">665&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,289&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,768&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,104&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,865&#160;</font></td></tr></table></div><div style="text-align:justify;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">See accompanying notes to the condensed interim consolidated financial statements.</font></div><div id="i_0_10"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">4</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;">Condensed Interim Consolidated Statements of Cash Flows</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">(unaudited, in thousands of U.S. dollars)</font></div></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">      </font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash flow from operating activities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current income tax expense (Note 23)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,092&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,607&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32,387&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,742&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Deferred income tax recovery (Note 23)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,155)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,093)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,160)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,718)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Interest expense (recovery) (Note 19)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,891&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,048)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,938&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(913)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Depreciation and amortization</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">57,613&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,626&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">106,947&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72,164&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accretion on closure and decommissioning provision (Note 13)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,560&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,623&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,602&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,262&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Unrealized (gains) losses on foreign exchange</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(931)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,170&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,564&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,147&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(Gain) loss on sale of mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,447)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,487)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,804)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Project development write-down</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,882&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,882&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bargain purchase gain (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(30,492)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other operating activities (Note 21)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,852)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,409)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,923)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(25,665)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Changes in non-cash operating working capital (Note 21)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,140&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,772&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(17,796)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,548)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Operating cash flows before interest and income taxes</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">106,292&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">85,126&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">129,773&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">151,519&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Interest paid</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,804)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(330)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,955)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(843)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Interest received</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">605&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">946&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income taxes paid</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(17,991)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,029)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(51,816)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(50,273)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net cash generated from operating activities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,518&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">66,949&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70,607&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">101,349&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash flow from investing activities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payments for mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(64,719)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(35,926)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(105,597)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(68,491)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tahoe Resources Inc. (&#34;Tahoe&#34;) acquisition (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(247,479)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Acquisition of mineral interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,545)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,500)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,545)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,500)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net (purchase of) proceeds from short-term investments</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,528)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,851)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41,578&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,014)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds from sale of mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,091&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,374&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,138&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,479&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net proceeds (payments) from commodity, diesel fuel swaps, and foreign currency contracts</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">363&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">799&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(318)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net cash used in investing activities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(69,338)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(39,903)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(303,106)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(72,844)</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash flow from financing activities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds from issue of equity shares</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">194&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">499&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">194&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">626&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Distributions to non-controlling interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(261)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(254)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(261)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(556)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dividends paid</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,331)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,185)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,661)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,551)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Proceeds from credit facility (Note 15)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335,000&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Repayment of credit facility (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(125,000)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Repayment of short-term loans</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,000)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payment of equipment leases</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,880)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,977)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,870)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,517)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net cash (used in) generated from financing activities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,278)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,917)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">186,402&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,998)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Effects of exchange rate changes on cash and cash equivalents</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(229)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(192)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(57)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net increase (decrease) in cash and cash equivalents</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,673&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,121&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(46,289)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,450&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents at the beginning of the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90,548&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">167,282&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,510&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">175,953&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents at the end of the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">187,403&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">187,403&#160;</font></td></tr></table></div><div style="text-align:justify;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">Supplemental cash flow information (Note 21).</font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">See accompanying notes to the condensed interim consolidated financial statements.</font></div><div id="i_0_13"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">5</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;">Condensed Interim Consolidated Statements of Changes in Equity</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">(unaudited, in thousands of U.S. dollars, except for number of shares)</font></div></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">      </font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:20.727273%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.824047%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Attributable to equity holders of the Company</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Issued<br>shares</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Issued<br>capital</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:8pt;font-weight:700;line-height:100%;">Reserves</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.2pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Investment<br>revaluation<br>reserve</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Deficit</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Non-<br>controlling<br>interests</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total<br>equity</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, December 31, 2017</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,302,976&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,318,252&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,463&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,605&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(825,470)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,516,850&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,201&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,521,051&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">Impact of adopting IFRS 9</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,602)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,602&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, January 1, 2018 (restated)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,302,976&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,318,252&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,463&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(823,868)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,516,850&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,201&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,521,051&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total comprehensive earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the year</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,294&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,294&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,747&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,041&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other comprehensive income</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">205&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">205&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">205&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">205&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,294&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,747&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,246&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cancellation of expired shares</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(120,339)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">178&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">178&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">178&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued on the exercise of stock options</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">125,762&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,367&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(286)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,081&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,081&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued as compensation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">139,957&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,879&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,879&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,879&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share-based compensation on option grants</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">396&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">396&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">396&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Distributions by subsidiaries to non-controlling interests</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,209)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,209)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(811)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,020)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dividends paid</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(21,462)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(21,462)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(21,462)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, December 31, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,448,356&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,321,498&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,573&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">208&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(836,067)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,508,212&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,137&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,513,349&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total comprehensive earnings</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the period</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">665&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other comprehensive loss</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(207)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(207)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(207)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(207)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,439&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">665&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,104&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued on the exercise of stock options</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,642&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">284&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(90)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">194&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">194&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued as compensation&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,335&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share-based compensation on option grants</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">295&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">295&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">295&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tahoe acquisition consideration (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,990,512&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">795,626&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72,040&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">867,666&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">867,666&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Distributions by subsidiaries to non-controlling interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(261)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(261)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dividends paid</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,661)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,661)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,661)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,481,845&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,117,651&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">94,818&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(799,082)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,413,388&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,541&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,418,929&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes reserves for share options and contingent value rights (&#34;CVRs&#34;) (Note 4).</font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">See accompanying notes to the condensed interim consolidated financial statements.</font></div><div style="text-align:justify;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">6</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;">Condensed Interim Consolidated Statements of Changes in Equity</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:100%;">(unaudited, in thousands of U.S. dollars, except for number of shares)</font></div></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">     </font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:20.727273%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.824047%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.797654%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="33" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Attributable to equity holders of the Company</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Issued<br>shares</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Issued<br>capital</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Share<br>option<br>reserve</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Investment<br>revaluation<br>reserve</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Deficit</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Non-<br>controlling<br>interests</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total<br>equity</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, December 31, 2017</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,302,976&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,318,252&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,463&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,605&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(825,470)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,516,850&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,201&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,521,051&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">Impact of adopting IFRS 9</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,602)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,602&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, January 1, 2018 (restated)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,302,976&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,318,252&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,463&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(823,868)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,516,850&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,201&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,521,051&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total comprehensive earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the period</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,289&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other comprehensive income</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,576&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,289&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,865&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cancellation of expired shares</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(121,439)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">178&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">178&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">178&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued on exercise of stock options</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72,096&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">792&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(166)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">626&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">626&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued as compensation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,338&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share-based compensation on option grants</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">188&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">188&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">188&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Distributions by subsidiaries to non-controlling interests</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(556)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(556)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dividends paid</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,729)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,729)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,729)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, June 30, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,263,971&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,319,226&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,485&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(750,856)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,590,871&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,934&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,595,805&#160;</font></td></tr></table></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">See accompanying notes to the condensed interim consolidated financial statements.</font></div><div id="i_0_16"></div><div><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">7</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">1. NATURE OF OPERATIONS&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American Silver Corp. is the ultimate parent company of its subsidiary group (collectively, the &#8220;Company&#8221;, or &#8220;Pan American&#8221;). Pan American is a British Columbia corporation domiciled in Canada, and its office is at Suite 1500 &#8211; 625 Howe Street, Vancouver, British Columbia, V6C 2T6.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company is engaged in the production and sale of silver, gold, zinc, lead and copper as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company&#8217;s major products are produced from mines in Canada, Peru, Mexico, Argentina and Bolivia. Additionally, the Company has project development activities in Canada, Peru, Mexico and Argentina, and exploration activities throughout South America, Canada and Mexico.  As at June&#160;30, 2019 the Company's Escobal mine in Guatemala continues to be on care and maintenance pending satisfactory completion of a consultation process with the Ministry of Energy and Mines in Guatemala.</font></div><div style="text-align:justify;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Principal subsidiaries&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The principal subsidiaries, including those from the Tahoe Acquisition (Note 4), of the Company and their geographic locations at June&#160;30, 2019 were as follows&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:32.750733%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.290323%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:12.076246%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:24.979472%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Subsidiary</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Location</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Ownership<br>Interest</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Accounting</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Operations and Development<br>Projects Owned</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lake Shore Gold Corp.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bell Creek and Timmins mines</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Plata Panamericana S.A. de C.V.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Compa&#241;&#237;a Minera Dolores S.A. de C.V.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pan American Silver Huaron S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Compa&#241;&#237;a Minera Argentum S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo S.A.C.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pan American Silver (Bolivia) S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">95&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Minera San Rafael S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Guatemala</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Escobal mine</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Minera Trit&#243;n Argentina S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo mine &#38; Cap-Oeste Sur Este (&#34;COSE&#34;) project</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Minera Joaquin S.R.L.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Joaquin project</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Minera Argenta S.A.</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad project</font></td></tr></table></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">     </font></div><div id="i_0_19"></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">            </font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.269006%;"><tr><td style="width:1.0%;"></td><td style="width:96.527246%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2. BASIS OF PREPARATION&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">These condensed interim consolidated financial statements have been prepared in accordance with IAS 34 - </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Interim Financial Reporting </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(&#8220;IAS 34&#8221;) as issued by the International Accounting Standards Board (&#8220;IASB&#8221;). As a result, these unaudited condensed interim consolidated financial statements prepared in accordance with International Financial Reporting Standards (&#34;IFRS&#34;) as issued by the IASB have been condensed with certain disclosures from the Annual Financial Statements omitted. Accordingly, these unaudited condensed interim consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements for the year ended December&#160;31, 2018.</font></div><div style="text-align:justify;"><font><br></font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s interim results are not necessarily indicative of its results for a full year.</font></div><div id="i_0_22"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">8</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">a)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.15pt;">Changes in accounting policies</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The accounting policies applied in the preparation of these unaudited condensed interim consolidated financial statements are consistent with those applied and disclosed in the Company&#8217;s audited consolidated financial statements for the year ended December&#160;31, 2018, except for the following&#58;</font></div><div style="padding-left:18pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;text-decoration: underline;">IFRS 16, Leases</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In January 2016, the IASB issued IFRS 16 which replaces IAS 17 - </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Leases and its associated interpretative guidance</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">, including IFRIC 4 and SIC 15. IFRS 16 applies a control model to the identification of leases, distinguishing between a lease and a non-lease component on the basis of whether the customer controls the specific asset. For those contracts that are or contain a lease, IFRS 16 introduces significant changes for lessees to the accounting for contracts that are or contain a lease, introducing a single, on-balance sheet accounting model that is similar to current finance lease accounting, with limited exceptions for short-term leases less than 12 months in duration or leases of low value assets. Lessor accounting remains similar to current accounting practice. The standard is effective for annual periods beginning on or after January 1, 2019, with early application permitted for entities that apply IFRS 15.</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has applied IFRS 16 using the modified retrospective approach from January 1, 2019 and has elected to record the transition date right-of-use assets at amounts equal to the present value of the minimum lease payments, on a lease by lease basis. Short-term and low-value recognition exemptions were applied, as well as certain practical expedients allowing for the use of hindsight to assess the lease term for contracts with extension options, the exclusion of initial direct costs from measurement of the Right-of-Use-Assets (&#34;ROU Assets&#34;) and the exclusion of leases with a term of less than one year remaining at the transition date.</font></div><div style="padding-left:18pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Policy applicable from January 1, 2019 </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Lease Definition </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At inception of a contract, the Company assesses whether the contract is, or contains, a lease. A contract is, or contains, a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for consideration. An identified asset may be implicitly or explicitly specified in a contract, but must be physically distinct, and must not have the ability for substitution by a lessor. The Company has the right to control an identified asset if it obtains substantially all of its economic benefits and either pre-determines, or directs how and for what purpose the asset is used.</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Measurement of ROU Assets and Lease Obligations </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At lease commencement, the Company recognizes a ROU Asset and a lease obligation. The ROU Asset is initially measured at cost, which comprises the initial amount of the lease obligation adjusted for any lease payments made at, or before, the commencement date, plus any initial direct costs incurred, less any lease incentives received. </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The ROU Asset is subsequently amortized on a straight-line basis over the shorter of the term of the lease, or the useful life of the asset determined on the same basis as the Company&#8217;s property, plant and equipment. The ROU Asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease obligation. </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The lease obligation is initially measured at the present value of lease payments remaining at the lease commencement date, discounted using the Company&#8217;s incremental borrowing rate. Lease payments included in the measurement of the lease obligation, when applicable, may comprise fixed payments, variable payments that depend on an index or rate, amounts expected to be payable under a residual value guarantee and the exercise price under a purchase, extension or termination option that the Company is reasonably certain to exercise. </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">9</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The lease obligation is subsequently measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company&#8217;s estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease obligation is remeasured, a corresponding adjustment is made to the carrying amount of the ROU Asset. </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Recognition Exemptions </font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has elected not to recognize ROU Assets and lease obligations for short-term leases that have a lease term of twelve months or less or for leases of low-value assets. Payments associated with these leases are recognized as an operating expense on a straight-line basis over the lease term within costs and expenses on the consolidated income statement.</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Leases</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s leased assets include land, buildings, vehicles, and machinery and equipment with a carrying value of $47.3 million at June&#160;30, 2019. Effective January 1, 2019, the Company adopted IFRS 16 as outlined in Note 14, recognizing $21.4 million of ROU assets, $18.9 million of lease obligations and deferred tax assets&#47;liabilities of $nil.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">b)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:8.68pt;">Changes in accounting policies not yet effective</font></div><div style="padding-left:18pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has not early adopted any amendment, standard or interpretation that has been issued by the IASB but is not yet effective.</font></div><div id="i_0_25"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.269006%;"><tr><td style="width:1.0%;"></td><td style="width:96.527246%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">4. TAHOE ACQUISITION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">On February&#160;22, 2019, the Company completed the acquisition of 100% of the issued and outstanding shares of Tahoe (the &#34;Acquisition&#34;).  Each Tahoe shareholder had the right to elect to receive either&#160;$3.40 in cash (the &#34;Cash Election&#34;) or 0.2403 of a Common Share (the &#34;Share Election&#34;) for each Tahoe share, subject in each case to pro-ration based on a maximum cash consideration of&#160;$275 million and a maximum number of Common Shares issued of 56.0 million.  Tahoe shareholders who did not make an election by the election deadline&#160;were deemed to have made the Share Election. Holders of 23,661,084 Tahoe shares made the Cash Election and received all cash consideration in the amount of $3.40 per Tahoe share.  The holders of 290,226,406 Tahoe shares that made or were deemed to have made, the Share Election were subject to pro-ration, and received consideration of approximately $0.67 in cash and 0.1929 of a Common Share per Tahoe share.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In addition, Tahoe shareholders received contingent consideration in the form of one CVR for each Tahoe share.&#160; Each CVR will be exchanged for 0.0497 of a Common Share upon the first commercial shipment of concentrate following restart of operations at the Escobal mine (the &#34;First Shipment&#34;). The CVRs are transferable and have a term of 10 years.  The First Shipment contingency is a discrete event upon which a fixed number of Common Shares will be issued. As there is no variability in the number of shares to be issued if the contingency is met the Company has concluded that the CVR consideration meets the &#8216;fixed-for-fixed&#8217; requirement in IAS 32 - </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Financial Instruments&#58; Presentation</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">. As such the CVRs are classified as a component of equity, recognized initially at fair value with no remeasurement, and any subsequent settlement to be accounted for within equity.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As a result of the Acquisition, the Company paid $275 million in cash, issued 55,990,512 Common Shares, and issued 313,887,490 CVRs. After this share issuance, Pan American shareholders owned approximately 73%, while former Tahoe shareholders owned approximately 27%, of the shares of the combined company.  The Company has determined that this transaction represents a business combination with Pan American identified as the acquirer.  Based on the February 21, 2019 closing share price of Common Shares, the total consideration of the Acquisition is approximately $1.1 billion.  The Company began consolidating the operating results, cash flows and net assets of Tahoe from February 22, 2019 onwards.</font></div><div style="text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">10</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Tahoe was a mid-tier publicly traded precious metals mining company with ownership interests in a diverse portfolio of mines and projects including the following principle mines&#58; Timmins West and Bell Creek in Canada&#59; La Arena and Shahuindo in Peru&#59; and Escobal in Guatemala (the &#34;Acquired Mines&#34;).  The Escobal mine's operations have been suspended since June 2017.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the consideration paid as part of the purchase price&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consideration&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shares Issued</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consideration</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Fair value estimate of the Pan American Share consideration </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,990,512&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">795,626&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Fair value estimate of the CVRs </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,600,208&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">71,916&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Cash</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">275,008&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Fair value estimate of replacement options</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">835,874&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">124&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Consideration</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72,426,594&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,142,674&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:11.94pt;">The Pan American Share consideration value is based on an assumed value of $14.21 per share (based on the NASDAQ closing price on February 21, 2019).  </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">3.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:11.94pt;">Assumed fair value of the CVRs is based on the residual amount of the value of the Tahoe Shares acquired (based on the NYSE closing price closing of $3.64 on February 21, 2019)&#160;after deducting the cash consideration of $275 million and the fair value of the Company's share consideration paid (based on the February 21, 2019 Nasdaq closing price of  $14.21).</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">4.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:11.94pt;">Assumed fair value of 3.5 million Tahoe options that upon the Acquisition vested and converted into 835.8 thousand Pan American stock options (the &#34;Replacement options&#34;).  The fair value of the Replacement options was determined using the Black-Scholes option pricing model, as at the Acquisition date, the assumptions of which are described in the Company's Q1 2019 Financial Statements.</font></div><div style="padding-left:18pt;text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:96.491228%;"><tr><td style="width:1.0%;"></td><td style="width:83.454545%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:1.769697%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.575758%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share price at February 21, 2019 (Canadian dollars, &#34;CAD&#34;) </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19.01&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exercise price</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.67 - 97.26</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Expected volatility</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.4075&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Expected life (years)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.2 - 1.0</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Expected dividend yield</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.78&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Risk-free interest rate</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.93&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Fair value (CAD)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">163,273.36&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">CAD to USD exchange rate at December 31, 2018</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.7578&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Fair value (USD)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123,729.43&#160;</font></td></tr></table></div><div style="padding-left:18pt;text-align:justify;"><font><br></font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the preliminary allocation of the purchase price to the identifiable assets and liabilities based on their estimated fair values at the date of the Acquisition&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:85.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Allocation of consideration&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consideration</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27,529&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accounts receivable</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,854&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">VAT Receivable</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">87,268&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Inventory</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">152,534&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other current assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,135&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,298,037&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,450&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accounts payable and accrued liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(159,675)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Provision for closure and decommissioning liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(70,119)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Debt</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(125,000)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net current and deferred income tax liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(62,847)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bargain purchase gain</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(30,492)</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,142,674&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As at June&#160;30, 2019, the allocation of the purchase price has not been finalized. The Company is currently in the process of determining the fair values of identifiable assets acquired and liabilities assumed and measuring the associated deferred income tax assets and liabilities and will finalize the allocation of the purchase price no later than February 21, 2020.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">11</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Held for Sale Assets</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Concurrent with the Acquisition, the Company formally initiated an active program to locate a buyer of Lake Shore Gold Inc. (&#34;Lake Shore&#34;), a subsidiary acquired by the Company as part of the Acquisition. Lake Shore's principal assets are the Bell Creek and Timmins mines (collectively, &#34;Timmins&#34;).  Based on management's assessment of the Company's sales process it was determined that Lake Shore meets the criteria, under IFRS 5 - </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Non-current assets held for sale and discontinued operations,</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> to be a discontinued operation to be classified as held for sale upon acquisition. As such, upon the Acquisition and as at June&#160;30, 2019, the assets and liabilities of Lake Shore were classified as assets and liabilities held for sale and are presented separately under current assets and current liabilities, respectively, and the post-tax profit or loss from the Lake Shore operations have been presented as a single and separate item on the Company's condensed interim consolidated income statements as discontinued operations.</font></div><div id="i_0_28"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">5. FINANCIAL INSTRUMENTS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">a)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.15pt;">Financial assets and liabilities by categories </font></div><div style="text-align:center;margin-top:6pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:48.219619%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30, 2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Amortized cost</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">FVTPL</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">FVTOCI</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Assets&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Trade receivables from provisional concentrates sales</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,246&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,246&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Receivable not arising from sale of metal concentrates</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,874&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,874&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments, equity securities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,080&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,080&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments, other than equity securities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">514&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">514&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,356&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,356&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">206,095&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">98,682&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">514&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">305,291&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Included in Trade and other receivables.</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.269006%;"><tr><td style="width:1.0%;"></td><td style="width:48.073638%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.782032%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.634757%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.782032%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.782032%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31, 2018</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Amortized cost</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">FVTPL</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">FVTOCI</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Assets&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,510&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,510&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Trade receivables from provisional concentrates sales</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,803&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,803&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Receivable not arising from sale of metal concentrates</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,918&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,918&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments, equity securities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,178&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,178&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments, other than equity securities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,826&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,826&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">640&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">640&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">179,428&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,621&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,826&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">294,875&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Financial Liabilities&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Included in Trade and other receivables.</font></div><div style="margin-top:3pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">12</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">b)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:8.68pt;">Short-term investments in equity securities recorded at fair value through profit or loss (&#34;FVTPL&#34;)</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s short-term investments in equity securities are recorded at FVTPL.  The net gains (losses) from short-term investments in equity securities for the three and six months ended June&#160;30, 2019 and 2018 were as follows&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Unrealized net gains (losses) on short-term investments, equity securities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,054&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,779)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,374&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(723)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Realized net losses on short-term investments, equity securities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(31)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(49)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,054&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,810)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,374&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(772)</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:12pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">c)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.98pt;">Financial assets recorded at fair value through other comprehensive income (&#34;FVTOCI&#34;)</font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s short-term investments other than equity securities are recorded at fair value through other comprehensive income.  The unrealized gains (losses) from short-term investments other than equity securities for the three and six months ended June&#160;30, 2019 and 2018 were as follows&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Unrealized net gains on short-term investments, other than equity securities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">533&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">343&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclassification adjustment for realized gains on short-term investments, other than equity securities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(461)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(208)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(330)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(207)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:12pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">d)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:8.68pt;">Derivative instruments</font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company's derivative financial instruments are comprised of foreign currency and commodity contracts. The net gains (losses) on derivatives for the three and six months ended June&#160;30, 2019 and 2018 were comprised of the following&#58;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gains on foreign currency and commodity contracts&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Realized gains (losses) on foreign currency and commodity contracts</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">364&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">799&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(318)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Unrealized gains on foreign currency and commodity contracts</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">876&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">906&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">782&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,957&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,240&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">906&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,581&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,639&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on derivatives&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on warrants</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,785)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(737)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(780)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:12pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">e)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.05pt;">Fair value information</font></div><div style="text-indent:-8.6pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">i) Fair Value Measurement</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The categories of the fair value hierarchy that reflect the inputs to valuation techniques used to measure fair value are as follows&#58;</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Level 1&#58; </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Quoted prices in active markets for identical assets or liabilities&#59;</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Level 2&#58; </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Inputs other than quoted prices included within Level&#160;1 that are observable for the asset or liability, either directly or indirectly&#59; and </font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Level 3&#58; </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Inputs for the asset or liability based on unobservable market data.</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">13</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The levels in the fair value hierarchy into which the Company&#8217;s financial assets and liabilities that are measured and recognized on the Consolidated Statements of Financial Position at fair value on a recurring basis were categorized as follows&#58;</font></div><div style="padding-left:9pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:98.099415%;"><tr><td style="width:1.0%;"></td><td style="width:47.329359%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.545156%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.922504%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.545156%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.922504%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.545156%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.922504%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.545156%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.922504%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">At June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">At December 31, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Level 1</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Level 2</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Level 1</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Level 2</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Assets and Liabilities&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,594&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,004&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Trade receivables from provisional concentrate sales</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,246&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,803&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,356&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">640&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Derivative financial liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(51)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,594&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,602&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,004&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41,392&#160;</font></td></tr></table></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The methodology and assessment of inputs for determining the fair value of financial assets and liabilities as well as the levels of hierarchy for the Company&#8217;s financial assets and liabilities measured at fair value remains unchanged from that at December&#160;31, 2018.</font></div><div style="text-indent:-11.3pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">ii) Valuation Techniques</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Short-term investments and other investments</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s short-term investments and other investments are valued using quoted market prices in active markets and as such are classified within Level 1 of the fair value hierarchy and are primarily money market securities and U.S. Treasury securities. The fair value of the investment securities is calculated as the quoted market price of the investment and in the case of equity securities, the quoted market price multiplied by the quantity of shares held by the Company.</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Derivative assets and liabilities</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s derivative assets and liabilities were comprised of investments in warrants, commodity swaps and foreign currency contracts.  The fair value of the warrants is calculated using an option pricing model which utilizes a combination of quoted prices and market-derived inputs.  The Company's commodity swaps and foreign currency contracts are valued using observable market prices.  Derivative instruments are classified within Level 2 of the fair value hierarchy. </font></div><div style="padding-left:9pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Receivables from Provisional Concentrate Sales</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">A portion of the Company&#8217;s trade receivables arose from provisional concentrate sales and are valued using quoted market prices based on the forward London Metal Exchange for copper, zinc and lead and the London Bullion Market Association P.M. fix for gold and silver.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">f)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:11.1pt;">Financial Instruments and related risks</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has exposure to risks of varying degrees of significance which could affect its ability to achieve its strategic objectives for growth and shareholder returns. The principal financial risks to which the Company is exposed are&#58;</font></div><div style="text-indent:-23.85pt;padding-left:54pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">i)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:18pt;">Credit risk</font></div><div style="text-indent:-26.37pt;padding-left:54pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">ii)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:18pt;">Liquidity risk</font></div><div style="text-indent:-28.89pt;padding-left:54pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">iii)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:18pt;">Market risk</font></div><div style="text-indent:36pt;padding-left:54pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">1.  Currency risk</font></div><div style="text-indent:36pt;padding-left:54pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">2.  Interest rate risk</font></div><div style="text-indent:36pt;padding-left:54pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">3.  Price risk</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s Board of Directors has overall responsibility for the establishment and oversight of the Company&#8217;s risk management framework and reviews the Company&#8217;s policies on an ongoing basis.  </font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">14</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-indent:-8.6pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">i) Credit Risk</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Credit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations and arises principally from the Company&#8217;s trade receivables. The carrying value of trade receivables represents the maximum credit exposure.&#160;</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has long-term concentrate contracts to sell the zinc, lead, copper and silver concentrates produced by the Huaron, Morococha, San Vicente and La Colorada mines. Concentrate contracts are a common business practice in the mining industry.&#160;The terms of the concentrate contracts may require the Company to deliver concentrate that has a value greater than the payment received at the time of delivery, thereby introducing the Company to credit risk of the buyers of concentrates. Should any of these counterparties not honour supply arrangements, or should any of them become insolvent, the Company may incur losses for products already shipped and be forced to sell its concentrates on the spot market or it may not have a market for its concentrates and therefore its future operating results may be materially adversely impacted. At June&#160;30, 2019, the Company had receivable balances associated with buyers of its concentrates of $51.2 million (December&#160;31, 2018 - $40.8 million). The vast majority of the Company&#8217;s concentrate is sold to five well-known concentrate buyers.&#160;</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Dor&#233; production from La Colorada, Dolores, Manantial Espejo, Shahuindo, La Arena, Bell Creek and Timmins is refined under long term agreements with fixed refining terms at four separate refineries worldwide. The Company generally retains the risk and title to the precious metals throughout the process of refining and therefore is exposed to the risk that the refineries will not be able to perform in accordance with the refining contract and that the Company may not be able to fully recover precious metals in such circumstances. At June&#160;30, 2019, the Company had approximately $46.5 million (December&#160;31, 2018 - $19.7 million) of value contained in precious metal inventory at refineries. The Company maintains insurance coverage against the loss of precious metals at the Company&#8217;s mine sites, in-transit to refineries and while at the refineries.&#160;</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company maintains trading facilities with several banks and bullion dealers for the purposes of transacting the Company&#8217;s metal sales. None of these facilities are subject to margin arrangements. The Company&#8217;s trading activities can expose the Company to the credit risk of its counterparties to the extent that the trading positions have a positive mark-to-market value. However, the Company minimizes this risk by ensuring there is no excessive concentration of credit risk with any single counterparty, by active credit management and monitoring.</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Refined silver and gold is sold in the spot market to various bullion traders and banks. Credit risk may arise from these activities if the Company is not paid for metal at the time it is delivered, as required by spot sale contracts.</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Management constantly monitors and assesses the credit risk resulting from its refining arrangements, concentrate sales and commodity contracts with its refiners, trading counterparties and customers. Furthermore, management carefully considers credit risk when allocating prospective sales and refining business to counterparties. In making allocation decisions, management attempts to avoid unacceptable concentration of credit risk to any single counterparty.</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company invests its cash and cash equivalents, which also has credit risk, with the objective of maintaining safety of principal and providing adequate liquidity to meet all current payment obligations.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="text-indent:-11.3pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">ii) Liquidity Risk</font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they come due. The Company manages its liquidity risk by continuously monitoring forecasted and actual cash flows. The Company has in place a rigorous planning and budgeting process to help determine the funds required to support the Company&#8217;s normal operating requirements on an ongoing basis and its expansion plans. The Company strives to maintain sufficient liquidity to meet its short-term business requirements, taking into account its anticipated cash flows from operations, its holdings of cash and short-term investments, and its committed loan facilities.  </font></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">15</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="padding-left:9pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">There was no significant change to the Company&#8217;s exposure to liquidity risk during the three and six months ended June&#160;30, 2019.</font></div><div style="text-indent:-14pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">iii) Market Risk</font></div><div style="padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">1.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.5pt;">Currency Risk</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company reports its financial statements in USD&#59; however, the Company operates in jurisdictions that utilize other currencies. As a consequence, the financial results of the Company&#8217;s operations as reported in USD are subject to changes in the value of the USD relative to local currencies. Since the Company&#8217;s sales are denominated in USD and a portion of the Company&#8217;s operating costs and capital spending are in local currencies, the Company is negatively impacted by strengthening local currencies relative to the USD and positively impacted by the inverse.&#160;</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At June&#160;30, 2019, the Company had outstanding positions on its foreign currency exposure of Mexican peso (&#34;MXN&#34;) purchases. The Company recorded gains of $0.4 million and $0.9 million, respectively, on MXN derivative contracts for the three and six months ended June&#160;30, 2019 (2018 - gains of $nil and $0.1 million, respectively).</font></div><div style="padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.5pt;">Interest Rate Risk</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Interest rate risk is the risk that the fair values and future cash flows of the Company will fluctuate because of changes in market interest rates. The average interest rate earned by the Company during the three and six months ended June&#160;30, 2019 on its cash and short-term investments was 0.65% and 1.11%, respectively (2018 - 0.77% and 0.80%, respectively).</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At June&#160;30, 2019, the Company had $335.0 million in amounts drawn on its secured revolving credit facility (the &#34;Credit Facility&#34;), which had an average interest rate of 4.4%.  There were no amounts drawn on the Credit Facility in </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">2018</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">.</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At June&#160;30, 2019, the Company had $43.8 million in lease obligations (December&#160;31, 2018 - $6.7 million), that are subject to an annualized interest rate of 9.7% (2018 - 2.2%).</font></div><div style="padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">3.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.5pt;">Price Risk</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Metal price risk is the risk that changes in metal prices will affect the Company&#8217;s income or the value of its related financial instruments. The Company derives its revenue from the sale of silver, gold, lead, copper, and zinc. The Company&#8217;s sales are directly dependent on metal prices that have shown significant volatility and are beyond the Company&#8217;s control. Consistent with the Company&#8217;s mission to provide equity investors with exposure to changes in silver prices, the Company&#8217;s current policy is to not hedge the price of silver and gold. </font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company mitigates the price risk associated with its base metal production by committing some of its forecasted base metal production from time to time under forward sales and option contracts. The Board of Directors continually assesses the Company&#8217;s strategy towards its base metal exposure, depending on market conditions. At June&#160;30, 2019, the Company had outstanding contracts to sell some of its base metals production.</font></div><div id="i_0_31"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">6. SHORT-TERM INVESTMENTS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="margin-top:6pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:23.219941%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.730205%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.730205%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.730205%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.730205%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.730205%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.730205%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Fair<br>Value</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Cost</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Accumulated<br>unrealized<br>holding gains</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Fair Value</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Cost</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Accumulated<br>unrealized<br>holding gains</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term investments</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,594&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,946&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,648&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,004&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">73,796&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">208&#160;</font></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div id="i_0_34"></div><div style="margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">16</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">7. INVENTORIES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Inventories consist of&#58;&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Concentrate inventory</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,114&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,286&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Stockpile ore </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,285&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,945&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Heap leach inventory and in process </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">132,081&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,199&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Dor&#233; and finished inventory </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,858&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,736&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Materials and supplies</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">80,964&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,299&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total inventories</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">307,302&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">214,465&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Less&#58; current portion of inventories</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(283,320)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(214,465)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Non-current portion of inventories</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,982&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes an impairment charge of $6.5 million to reduce the cost basis of inventory to NRV at Manantial Espejo and Dolores mines at June&#160;30, 2019 (December&#160;31, 2018 &#8211; $11.2 million at Manantial Espejo and Dolores mines).</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes an impairment charge of $39.0 million to reduce the cost basis of inventory to NRV at Manantial Espejo and Dolores mines at June&#160;30, 2019 (December&#160;31, 2018 - $28.9 million at Manantial Espejo and Dolores mines).</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes an impairment charge of $7.9 million to reduce the cost basis of inventory to NRV at Manantial Espejo and Dolores mines at June&#160;30, 2019. (December&#160;31, 2018 - $7.5 million at Manantial Espejo and Dolores mines).</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Inventories at the Escobal mine in Guatemala, which include $16.7 million in supplies inventories with the remainder attributable to metals inventories, have been classified as non-current pending the restart of operations.</font></div><div id="i_0_37"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">8. MINERAL PROPERTIES, PLANT AND EQUIPMENT</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Mineral properties, plant and equipment consist of&#58;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:25.647059%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.535294%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.323529%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.535294%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.323529%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.535294%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.323529%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.535294%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.323529%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.535294%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.323529%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.535294%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.323529%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Cost</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Accumulated<br>Depreciation&#160;<br>and&#160;<br>Impairment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Carrying<br>Value</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Cost</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Accumulated<br>Depreciation&#160;<br>and&#160;<br>Impairment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Carrying<br>&#160;Value</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron mine, Peru</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">212,367&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(119,256)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">93,111&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">207,360&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(114,288)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">93,072&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha mine, Peru</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">250,200&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(156,484)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">93,716&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243,603&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(149,120)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">94,483&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Alamo Dorado mine, Mexico</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">71,724&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(71,724)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">126,960&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(126,960)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada mine, Mexico</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">306,093&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(131,896)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">174,197&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">301,706&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(121,940)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">179,766&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores mine, Mexico</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,564,684&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,032,378)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">532,306&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,529,751&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(981,948)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">547,803&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo mine, Argentina</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">368,027&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(364,475)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,552&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">367,105&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(362,293)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,812&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente mine, Bolivia</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,831&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(90,485)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,346&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">137,394&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(86,663)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">50,731&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tahoe mines</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">744,869&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(25,187)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">719,682&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,550&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,837)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,713&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,994&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,265)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,729&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total producing properties</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,683,345&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,008,722)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,674,623&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,937,873&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,959,477)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">978,396&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Land and Non-Producing Properties&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Land</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,709&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,096)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,613&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,677&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,096)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,581&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad project, Argentina</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">566,577&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(376,101)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">190,476&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">566,577&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(376,101)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">190,476&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Minefinders projects, Mexico</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">91,362&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(36,975)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,387&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">91,362&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(36,975)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,387&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha, Peru</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,674&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,674&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,674&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,674&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentine projects</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">89,295&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(25,296)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">63,999&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,774&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(24,939)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,835&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tahoe non-producing properties</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">192,788&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(851)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">191,937&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,114&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,611)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,503&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,908&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,255)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,653&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total non-producing properties</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,017,519&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(451,930)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">565,589&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">772,972&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(450,366)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">322,606&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,700,864&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,460,652)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,240,212&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,710,845&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,409,843)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,301,002&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">17</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#160;</font></div><div id="i_0_40"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">9. IMPAIRMENT OF MINERAL PROPERTIES, PLANT AND EQUIPMENT</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Non-current assets are tested for impairment, or reversal of previous impairment charges, when events or changes in circumstance indicate that the carrying amount may not be recoverable, or previous impairment charges against assets are recoverable. The Company performs an impairment test for goodwill at each financial year end and when events or changes in circumstances indicate that the related carrying value may not be recoverable. </font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Based on the Company&#8217;s assessment with respect to possible indicators of either impairment or reversal of previous impairments to its mineral properties, the Company concluded that as of June&#160;30, 2019 no such indicators were noted, and no impairment charges or impairment charge reversals were required.</font></div><div id="i_0_43"></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6pt;font-weight:400;line-height:120%;"> </font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">10. INVESTMENT IN ASSOCIATES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:73.109810%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Investment in Maverix Metals Inc. (&#34;Maverix&#34;)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,877&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,116&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Investment in other</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,450&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,877&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70,566&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">The Company sold its interest in an equity investee for $5 million in May 2019 resulting in a gain of $3.6 million recorded in gains (losses) on sale of mineral, properties, plant and equipment on the Condensed Interim Consolidated Income Statements.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">The following table shows a continuity of the Company's investment in Maverix&#58;</font></div><div style="padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:96.345029%;"><tr><td style="width:1.0%;"></td><td style="width:72.203338%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.558725%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.139605%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.558725%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.139605%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance of investment in Maverix, January 1,</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,116&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,567&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dilution gain</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(41)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,449&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjustment for change in ownership interest</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(159)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,919&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income from associate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">961&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">823&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance of investment in Maverix, June 30,</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,877&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,758&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Investment in Maverix&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company's warrant liability representing in substance ownership interest in Maverix was $14.9 million as at June&#160;30, 2019 (December&#160;31, 2018 - $14.7 million).  The Company's share of Maverix income or loss was recorded, based on its 28% interest for the six months ended June&#160;30, 2019 (2018 - 40%) representing the Company&#8217;s fully diluted ownership. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Deferred Revenue&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Deferred revenue relates to precious metal streams whereby the Company will sell 100% of the future gold production from La Colorada and 5% of the future gold production from La Bolsa, which is in the exploration stage, to Maverix for $650 and $450 per ounce, respectively (the &#34;Streams&#34;).  The deferred revenue liability recognized by the Company is the portion of the deferred revenue to be paid to Maverix owners other than Pan American through its ownership in Maverix.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The deferred revenue related to the Streams will be recognized as revenue by Pan American as the gold ounces are delivered to Maverix. As at June&#160;30, 2019, the deferred revenue liability was $12.7 million (December&#160;31, 2018 - $13.3 million).</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company recognized</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> $0.2 million and $0.4 million (2018 - $0.2 million and $0.3 million, respectively), respectively, during the </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">three and six months ended </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">June&#160;30, 2019 for the delivery of 668 and 1,589 ounces (2018 - 1,116 and 1,635 ounces, respectively), respectively, from La Colorada to Maverix.  All transactions with Maverix were in the normal course and measured at exchange amounts, which were the amounts of consideration established and agreed to by the Company and Maverix.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">18</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Income Statement Impacts&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company recognized nominal dilution losses during both the three and six months ended June&#160;30, 2019 (2018 - gains of $13.4 million, and $13.4 million, respectively, were recognized). Dilution gains and losses are recorded in share of income from associate and dilution gain.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">For the three and six months ended June&#160;30, 2019 the Company also recognized its share of income from associate of $0.4 million and $1.0 million, respectively, (2018 - income of $0.6 million and $0.8 million, respectively) which represents the Company's proportionate share of Maverix's income during the period.</font></div><div id="i_0_46"></div><div><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">11. GOODWILL AND OTHER ASSETS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Other assets consist of&#58;&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Goodwill</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,057&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,057&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,010&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,163&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,067&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,220&#160;</font></td></tr></table></div><div style="margin-top:3pt;"><font><br></font></div><div id="i_0_49"></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">       </font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">12. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Accounts payable and accrued liabilities consist of&#58;&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Trade accounts payable</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">82,142&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,201&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties payable</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,768&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,004&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other accounts payable and trade related accruals</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,340&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32,896&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payroll and related benefits</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,906&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,817&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Severance accruals</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,559&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,791&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other taxes payable</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,317&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,044&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,342&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,990&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182,374&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">131,743&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">No interest is charged on the trade accounts payable ranging from 30 to 60 days from the invoice date. The Company has policies in place to ensure that all payables are paid within the credit terms.</font></div><div id="i_0_52"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">19</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">13. PROVISIONS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:51.879941%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:12.641288%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:12.641288%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:12.641288%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Closure and<br>Decommissioning</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Litigation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">December 31, 2018</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70,587&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,568&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">75,155&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revisions in estimates and obligations incurred</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,133&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,133&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Acquired from Tahoe (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,209&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">261&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,470&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Charged (credited) to earnings&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">-new provisions</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">977&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">977&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">-change in estimate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(140)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(140)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">-exchange gains on provisions</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Charged in the year</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(225)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(225)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation expenditures</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,540)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,540)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accretion expense (Note 19)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,541&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,541&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">142,930&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,441&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">148,371&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Maturity analysis of total provisions&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,711&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,072&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-Current</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">142,660&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">70,083&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">148,371&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">75,155&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">&#160;</font></div><div id="i_0_55"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">20</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">14. LEASES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">a.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.64pt;">ROU Assets</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes changes in ROU Assets for the six months ended June 30, 2019 which have been recorded in mineral properties, plant and equipment on the Condensed Interim Consolidated Statements of Financial Position&#58;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:86.549708%;"><tr><td style="width:1.0%;"></td><td style="width:83.135135%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.644595%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:12.020270%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cost</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Balance, January 1, 2019</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,983&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Additions after January 1, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,156&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Assets acquired from Tahoe (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,871&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Transfer out</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,566)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">56,444&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance at January 1, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,780)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Amortization</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,581)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Transfer out</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,234&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Balance, June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,127)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Carrying Amounts</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">At January 1, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,203&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">At June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,317&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes $21.4 million in newly recognized ROU assets.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">b.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.17pt;">Lease obligations</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table presents a reconciliation of the Company's undiscounted cash flows at June&#160;30, 2019 and December&#160;31, 2018 to their present value for the Company's lease obligations&#58;</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Within one year</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,056&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,488&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Between one and five years</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,076&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,335&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Beyond five years</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,918&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total undiscounted lease obligations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">65,050&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,823&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Less future interest charges</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(21,292)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(147)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total discounted lease obligations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,758&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,676&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Less&#58; current portion of lease obligations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,525)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,356)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-current portion of lease obligations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,233&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,320&#160;</font></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">When measuring lease liabilities, the Company discounted lease payments using its incremental borrowing rate at January 1, 2019.&#160; The weighted average rate applied is 9.7% (December&#160;31, 2018 - 2.2%). </font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table reconciles the Company&#8217;s lease commitments disclosed in the consolidated financial statements as at and for the year ended December&#160;31, 2018, to the lease obligations recognized on initial application of IFRS 16&#58;</font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:85.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Operating lease commitments at December 31, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,260&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Discounted using the incremental borrowing rate at January 1, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,819)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Recognition exemptions for short-term and low-value leases</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(455)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Variable payments not included in lease liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(233)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lease obligations recognized at January 1, 2019 related to operating lease commitments at December 31, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,753&#160;</font></td></tr></table></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">21</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div id="i_0_58"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.269006%;"><tr><td style="width:1.0%;"></td><td style="width:96.527246%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">15. DEBT</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:center;margin-top:3pt;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.269006%;"><tr><td style="width:1.0%;"></td><td style="width:72.963181%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.782032%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.536377%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.782032%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Credit Facility</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335,000&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company's four-year, $300.0 million secured revolving credit facility, which was due to mature on April 15, 2020, was increased to $400.0 million on February 1, 2019 and increased to $500.0 million on February 22, 2019 with maturity on February 1, 2023 and resulted in additional upfront costs of $2.0 million.  These amendments were made as part of the Tahoe Acquisition.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The upfront costs have been recorded as an asset under the classification Prepaid expenses and other current assets and are being amortized over the life of the Credit Facility. The Credit Facility can be drawn down at any time to finance the Company&#8217;s working capital requirements, acquisitions, investments and for general corporate purposes.&#160;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The financial covenants required the Company to maintain a tangible net worth (exclusive of any prospective write-downs of certain assets) of greater than $1,036.4 million plus 50% of the positive net income from and including the fiscal quarter ended March 31, 2016.  As part of the amendment, after March 31, 2019 the financial covenants requires the Company to maintain a minimum tangible net worth (exclusive of any prospective write-downs of certain assets) of greater than 70% of its tangible net worth as of March 31, 2019 plus 50% of positive net income from and including the fiscal quarter ended June 30, 2019.  In addition, the financial covenants continue to include the requirement for the Company to maintain&#58; (i) a leverage ratio less than or equal to 3.5&#58;1&#59; and (ii) an interest coverage ratio more than or equal to 3.0&#58;1. As of June&#160;30, 2019, the Company was in compliance with all covenants required by the Credit Facility.&#160;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At Pan American's option, amounts can be drawn under the revolving facility and will incur interest based on the Company's leverage ratio at either (i) LIBOR plus 1.875% to 2.750% or&#59; (ii) The Bank of&#160;Nova Scotia's&#160;Base Rate on U.S. dollar denominated commercial loans plus 0.875% to 1.750%. Undrawn amounts under the revolving facility are subject to a stand-by fee of 0.4219% to 0.6188% per annum, dependent on the Company's leverage ratio. During the six months ended June 30, 2019, the Company drew down&#160;$335 million&#160;under the Credit Facility, under LIBOR-based interest rates to fund, in part, the cash purchase price under the Tahoe arrangement and to repay, in full, and cancel Tahoe's second amended and restated revolving facility, under which&#160;$125 million&#160;had been drawn.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">During the six months ended June 30, 2019, the average interest rate incurred by the Company on the Credit Facility was 4.4%.  The Credit Facility was not drawn in 2018. During the three and six months ended June&#160;30, 2019, the Company incurred $0.2 million and $0.5 million, respectively (2018 - $0.4 million and $ 0.7 million, respectively) in standby charges on undrawn amounts and $4.3 million and $5.4 million, respectively (2018 - $nil and $nil, respectively) in interest on drawn amounts under this Facility.</font></div><div id="i_0_61"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">22</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">16. OTHER LONG TERM LIABILITIES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Other long term liabilities consist of&#58;&#160;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Deferred credit</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,788&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,788&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other income tax payable</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">202&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">227&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Severance accruals</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,486&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,410&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27,476&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,425&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:11.94pt;">As part of the 2009 Aquiline transaction the Company issued a replacement convertible debenture that allowed the holder to convert the debenture into either 363,854 Pan American Shares or a Silver Stream contract related to certain production from the Navidad project. Regarding the replacement convertible debenture, it was concluded that the deferred credit presentation was the most appropriate and best representation of the economics underlying the contract as of the date the Company assumed the obligation as part of the Aquiline acquisition. Subsequent to the acquisition, the counterparty to the replacement debenture selected the Silver Stream alternative. The final contract for the alternative is being discussed and pending the final resolution of this discussion, the Company continues to classify the fair value calculated at the acquisition of this alternative, as a deferred credit.</font></div><div id="i_0_64"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">17. SHARE CAPITAL AND EMPLOYEE COMPENSATION PLANS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">a.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.64pt;">Stock options and common shares issued as compensation (&#34;Compensation Shares&#34;)</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">For the three and six months ended June&#160;30, 2019 the total share-based compensation expense relating to stock options and Compensation Shares was $1.2&#160;million and $2.1 million, respectively (2018 - $1.1&#160;million and $2.1 million, respectively) and is presented as a component of general and administrative expense.</font></div><div style="text-indent:-23.29pt;padding-left:27pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">i.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;padding-left:18pt;">Stock options</font></div><div style="padding-left:27pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">During the three and six months ended June&#160;30, 2019, the Company granted nil and nil, stock options, respectively (2018 &#8211; nil and nil, respectively).</font></div><div style="text-indent:-25.81pt;padding-left:27pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">ii.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;padding-left:18pt;">Replacement options</font></div><div style="padding-left:27pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Following completion of the Acquisition (Note 4), the Company issued 835,874 replacement options to eligible Tahoe option holders.  These replacement options were fully vested with 12 months of remaining contractual life upon issuance and various exercise prices between CAD $20.52 and CAD $97.26.</font></div><div style="text-indent:-28.33pt;padding-left:27pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">iii.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;padding-left:18pt;">Compensation shares</font></div><div style="padding-left:27pt;text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">During both the three and six months ended June&#160;30, 2019, 22,335 shares were issued to Directors in lieu of Directors fees of $0.2&#160;million (2018 &#8211; 10,338 common shares in lieu of fees of $0.2&#160;million).</font></div><div style="text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">23</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes changes in stock options for the six months ended June&#160;30, 2019 and year ended December 31&#58;</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:73.109810%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Stock Options</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;<br>&#160;<br>Shares</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Weighted<br>Average Exercise<br>Price CAD$</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at December 31, 2017</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">936,123&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16.56&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Granted</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">149,163&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.53&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exercised</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(125,762)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.14&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Expired</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(211,614)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24.90&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Forfeited</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(49,523)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19.49&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at December 31, 2018</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">698,387&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15.00&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Granted pursuant to the Tahoe Acquisition (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">835,874&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48.47&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exercised</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(20,642)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.70&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Expired</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(144,173)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52.10&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Forfeited</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,544)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32.68&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,902&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31.54&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes information about the Company's stock options outstanding at June&#160;30, 2019&#58;</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:32.750733%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.316716%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.316716%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.316716%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.316716%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.316716%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Options Outstanding</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Options Exercisable</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Range of Exercise Prices<br>CAD$</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Number Outstanding as at </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Weighted Average<br>Remaining<br>Contractual Life<br>(months)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Weighted<br>Average<br>Exercise Price<br>CAD$</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Number Outstanding as at </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Weighted<br>Average<br>Exercise<br>Price CAD$</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$9.76 - $23.61</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">672,126&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46.24&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15.06&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">480,720&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.97&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$23.62 - $35.21</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">136,311&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.95&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.02&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">136,311&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.02&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$35.22 - $46.53</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">192,462&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.79&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41.71&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">192,462&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41.71&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$46.54 - $54.15</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">198,627&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.88&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51.68&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">198,627&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51.68&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$54.16 - $97.26</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">151,376&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.28&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">68.56&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">151,376&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">68.56&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,902&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27.43&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31.54&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,159,496&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33.81&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">b.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.17pt;">PSUs</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Compensation expense for PSUs was $0.2&#160;million and $0.4 million, respectively, for the three and six months ended June&#160;30, 2019 (2018 - $0.4 million, and $0.6 million, respectively) and is presented as a component of general and administrative expense.&#160;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At June&#160;30, 2019, the following PSUs were outstanding&#58;&#160;&#160;</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:73.109810%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">PSU</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Number Outstanding</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Fair Value</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at December 31, 2017</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">166,344&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,611&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Granted</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">117,328&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,532&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Paid out</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(73,263)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,528)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in value</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">476&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at December 31, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">210,409&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,091&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in value</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(337)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">210,409&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,754&#160;</font></td></tr></table></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">24</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">c.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:10.47pt;">RSUs</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Compensation expense for RSUs was $0.4&#160;million and $0.9 million, respectively, for the three and six months ended June&#160;30, 2019 (2018 &#8211; $0.7&#160;million and $1.2 million, respectively) and is presented as a component of general and administrative expense.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At June&#160;30, 2019, the following RSUs were outstanding&#58;</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:73.109810%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.713031%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">RSU</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Number Outstanding</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Fair Value</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at December 31, 2017</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">262,013&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,098&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Granted</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">244,961&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,207&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Paid out</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(156,715)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,181)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Forfeited</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(21,436)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(313)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in value</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,187)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at December 31, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">328,823&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,624&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Forfeited</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,902)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(115)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in value</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">665&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">As at June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">319,921&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,174&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">d.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.17pt;">Issued share capital</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company is authorized to issue 400,000,000 common shares without par value.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">e.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:9.54pt;">Dividends</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company declared the following dividends for the six months ended June 30, 2019 and 2018&#58;</font></div><div style="text-align:justify;margin-top:3pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:41.128655%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:41.274854%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Declaration Date</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Record Date</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dividend per common share</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">August 7, 2019 </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">August 19, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">May 8, 2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">May 20, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">February 20, 2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">March 4, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">May 9, 2018</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">May 22, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">February 20, 2018</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">March 5, 2018</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">These dividends were declared subsequent to the quarter ended June&#160;30, 2019 and have not been recognized as distributions to owners during the period presented.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">f.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:11.59pt;">CVRs</font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company issued 313,887,490 CVRs as part of the Tahoe Acquisition which are convertible into 15,600,208 common shares following the First Shipment upon the restart of operations at the Escobal mine (Note 4).</font></div><div id="i_0_70"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">25</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">18. PRODUCTION COSTS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Production costs are comprised of the following&#58;&#160;</font></div><div style="text-align:justify;margin-top:3pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consumption of raw materials and consumables</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">73,909&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,257&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">131,074&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">87,777&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Employee compensation and benefits expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">49,000&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,173&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">97,634&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">82,878&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Contractors and outside services</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,798&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,048&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,260&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,718&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Utilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,837&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,562&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,994&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,790&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other expenses</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,236&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,861&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,057&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,901&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Changes in inventories </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)(2)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,224&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,488)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,838&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,202)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">184,004&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116,413&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">343,857&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">228,862&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes NRV adjustments to inventory to reduce production costs by $2.3&#160;million and increase production costs by $5.9 million for the three and six months ended June&#160;30, 2019 (2018 - reduce by $7.0&#160;million and $12.4 million, respectively).</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Includes fair value increases recognized on the Acquisition of select Tahoe inventories of $10.4 million and $19.1 million, respectively, for the three and six months ended June&#160;30, 2019.  There was no comparable amount recorded in 2018.</font></div><div id="i_0_73"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">19. INTEREST AND FINANCE EXPENSE</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Interest expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,922&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,048)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,969&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(913)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Finance fees</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">524&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">600&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,159&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,184&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accretion expense (Note 13)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,623&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,541&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,262&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,945&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,175&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,669&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,533&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">        </font></div><div id="i_0_76"></div><div style="margin-top:3pt;margin-bottom:12pt;"><font><br></font></div><div style="margin-top:3pt;margin-bottom:18pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">20. EARNINGS PER SHARE (BASIC AND DILUTED)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-bottom:12pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:21.976608%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.865497%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.865497%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">For the three months ended June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Earnings<br>(Numerator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shares (000&#8217;s)<br>(Denominator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Per-Share<br>Amount</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Earnings<br>(Numerator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shares (000&#8217;s)<br>(Denominator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Per-Share<br>Amount</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Net earnings </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,371&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,187&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Basic earnings per share</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,371&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,461&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,187&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,295&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Effect of Dilutive Securities&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Stock Options</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">107&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">250&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Diluted earnings per share</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,371&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,568&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,187&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,545&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td></tr></table></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">26</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:21.976608%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.865497%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.865497%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:8.818713%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">For the six months ended June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Earnings<br>(Numerator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shares (000&#8217;s)<br>(Denominator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Per-Share<br>Amount</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Earnings<br>(Numerator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shares (000&#8217;s)<br>(Denominator)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Per-Share<br>Amount</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Net earnings </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Basic earnings per share</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,055&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.27&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,303&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.55&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Effect of Dilutive Securities&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Stock Options</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">240&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Diluted earnings per share</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,646&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,178&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.27&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,563&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,543&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.54&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Net earnings attributable to equity holders of the Company.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Potentially dilutive securities excluded in the diluted earnings per share calculation for the three and six months ended June&#160;30, 2019 were 1,053,863 and 1,041,618 out-of-the-money options and CVRs potentially convertible into 15,600,208 common shares (Note 4), respectively (2018 &#8211; 279,943 and 279,943 out-of-the-money options, respectively).</font></div><div id="i_0_79"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">21. SUPPLEMENTAL CASH FLOW INFORMATION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following tables summarize other adjustments for non-cash income statement items, changes in operating working capital items and significant non-cash items&#58;&#160;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:0.1%;"></td><td style="width:2.139181%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:45.953216%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Other operating activities</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjustments for non-cash income statement items&#58;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share-based compensation expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,220&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,146&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,057&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,108&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(Gains) losses on securities held</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,054)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,761&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,374)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">723&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gains on commodity and foreign currency contracts (Note 5d)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,240)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(906)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,581)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,639)</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on derivatives (Note 5d)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,785&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">737&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">780&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share of income from associate and dilution gain (Note 10)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(309)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,113)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(920)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,272)</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net realizable value adjustment for inventories</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,254)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,034)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,881&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,365)</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,852)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,409)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,923)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(25,665)</font></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div><div><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Changes in non-cash operating working capital items&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Trade and other receivables</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,052&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,059&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,089&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,432&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Inventories</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,008&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,569&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,838&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,171)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Prepaid expenses</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,053&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">878&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,999&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,342&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accounts payable and accrued liabilities</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(17,454)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">851&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(56,343)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,217)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Provisions</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,519)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,585)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,379)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,934)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,140&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,772&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(17,796)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,548)</font></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Significant non-cash items&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Assets acquired by finance lease</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,074&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,660&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,507&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,658&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares issued as compensation</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">27</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:72.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Cash and Cash Equivalents</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash in banks</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">77,735&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short term money markets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,775&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,510&#160;</font></td></tr></table></div><div style="margin-top:6pt;"><font><br></font></div><div id="i_0_82"></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">     </font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">22. SEGMENTED INFORMATION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">All of the Company&#8217;s operations are within the mining sector, conducted through operations in six countries. Due to geographic and political diversity, the Company&#8217;s mining operations are decentralized in nature whereby mine general managers are responsible for achieving specified business results within a framework of global policies and standards. We have determined that each producing mine and significant development property represents an operating segment. Country corporate offices provide support infrastructure to the mines in addressing local and country issues including financial, human resources, and exploration support. The Company has a separate budgeting process and measures the results of operations and exploration activities independently. Operating results of operating segments are reviewed by the Company&#8217;s chief operating decision maker (&#34;CODM&#34;) to make decisions about resources to be allocated to the segments and to assess their performance.  Segment performance is evaluated by the CODM based on a number of measures including mine operating earnings.</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Significant information relating to the Company&#8217;s reportable operating segments is summarized in the table below&#58;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:15.105263%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:15.105263%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">For the three months ended June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Segment&#47;Country</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Production costs and royalties</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Depreciation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Capital expenditures</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,082&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,014&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,111&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,043)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,402&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,159&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,775&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,021&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,363&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,371&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27,875&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,661&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,516&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,698&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,438&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,767&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,915&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,622&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,230&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,045&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,278&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,034&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,521&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,723&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">405&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,051&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,006&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">754&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,291&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,202&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Guatemala</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Escobal</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">352&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Gold segment&#58;</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo &#38; La Arena</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">94,736&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,790&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,760&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,186&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,608&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,815&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pas Corp</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">215&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(215)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(90)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">282,948&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">189,195&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">57,613&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,140&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">64,719&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:11.94pt;">Classified as assets held for sale (Note 4).</font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">28</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:15.105263%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:15.105263%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.426901%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">For the three months ended June 30, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Segment&#47;Country</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Production costs and royalties</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Depreciation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Capital expenditures</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,787&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,287&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,439&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,061&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,332&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,166&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,369&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,894&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,903&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,846&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,994&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,982&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,701&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,608&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,273&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,517&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,339&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,417&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,635&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,202&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,682&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,886&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,634&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,132&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32,038&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,817&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,971&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,250&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,143&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pas Corp</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(33)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">167&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(22)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(60)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">50&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">216,460&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123,983&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,626&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,851&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,926&#160;</font></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:15.423133%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:15.423133%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">For the six months ended June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Segment&#47;Country</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Production costs and royalties</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Depreciation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Capital expenditures</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,706&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">103,693&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">51,676&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(41,663)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,963&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">91,556&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,345&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,252&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,959&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,172&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">57,679&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,490&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,785&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,404&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,835&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,946&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,460&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,485&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,001&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,838&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">42,016&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,377&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,612&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,027&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,386&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,687&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,150&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,708&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,171)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,055&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Guatemala</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Escobal</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">996&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Gold segment&#58;</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo &#38; La Arena</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">128,001&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">77,795&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,839&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,367&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,215&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,989&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pas Corp</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">336&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(336)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">251&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(251)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">95&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">515,591&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">355,310&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">106,947&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,334&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">105,597&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">1.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:11.94pt;">Classified as assets held for sale (Note 4).</font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">29</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:15.423133%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:15.423133%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.385652%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">For the six months ended June 30, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Segment&#47;Country</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Production costs and royalties</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Depreciation</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Capital expenditures</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">132,681&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">79,395&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,872&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,414&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,154&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">79,648&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,382&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,192&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">38,074&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,342&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">58,644&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,976&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,165&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,503&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,535&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">64,920&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,016&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,047&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,857&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,822&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,622&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,607&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,330&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,685&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,590&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,906&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,906&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,335&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,665&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,694&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pas Corp</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">64&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(64)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">235&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(43)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(116)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">95&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">423,421&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">241,282&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72,164&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">109,975&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">68,491&#160;</font></td></tr></table></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">A reconciliation of segment mine operating earnings to the Company&#8217;s earnings before income taxes per the Condensed Interim Consolidated Income Statements is as follows&#58;</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine operating earnings (Note 22)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,140&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,851&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,334&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">109,975&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">General and administrative</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,571)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,566)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,506)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,524)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,625)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,877)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,079)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,621)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine care and maintenance</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,842)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,289)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Foreign exchange gains (losses)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">697&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,917)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,148)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,592)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gains on commodity and foreign currency contracts (Note 5d)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,240&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">906&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,581&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,639&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gains (losses) on sale of mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,447&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(182)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,487&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,804&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Share of income from associate and dilution gain (Note 10)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">309&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,113&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">920&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,272&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Transaction and integration costs (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,446)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,849)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bargain purchase gain (Note 4)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,492&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(350)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,135)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(243)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(591)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings from operations</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,999&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">56,193&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,700&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">111,362&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Loss on derivatives (Note 5d)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,785)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(737)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(780)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Investment income (loss)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,533&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,071)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,816&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">827&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Interest and finance expense (Note 19)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,945)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,175)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,669)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,533)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings before income taxes</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,802&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,210&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,833&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">107,876&#160;</font></td></tr></table></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">30</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:15.155425%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:41.548387%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.463343%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.463343%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.170088%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">At June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Segment&#47;Country</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Net assets</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">765,668&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">134,166&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">631,502&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">227,050&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">50,667&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">176,383&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">121,968&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,527&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">78,441&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">104,513&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">38,702&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">65,811&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">78,918&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,527&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,391&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99,534&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,217&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">68,317&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Guatemala</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Escobal</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">267,740&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,798&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">247,942&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Gold segment&#58;</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo &#38; La Arena</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">905,664&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">213,647&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">692,017&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">406,780&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,934&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">375,846&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pas Corp</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">140,254&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">361,317&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(221,063)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,069&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,069&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">110,937&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,664&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">66,273&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,422,095&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,003,166&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,418,929&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Classified as assets held for sale (Note 4).</font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:15.423133%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:41.484627%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.298682%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.445095%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.152269%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">At December 31, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Segment&#47;Country</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Mine</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Net assets</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">791,485&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">150,003&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">641,482&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">230,736&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">56,206&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">174,530&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Peru</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">119,015&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,055&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,960&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">126,755&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,183&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">86,572&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bolivia</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,686&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">38,169&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,517&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,839&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,994&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,155)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Canada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Pas Corp</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">247,792&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,221&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">217,571&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Argentina</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Navidad</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,777&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,546&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">192,231&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123,391&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">38,750&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,641&#160;</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,937,476&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">424,127&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,513,349&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Product Revenue</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Refined silver and gold</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">173,173&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">106,459&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">279,019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">196,353&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc concentrate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,081&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,400&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,886&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">81,916&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead concentrate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,507&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,622&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">91,351&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">73,112&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper concentrate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,471&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,055&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,459&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,189&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver concentrate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,716&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,924&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32,876&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,851&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">282,948&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">216,460&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">515,591&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">423,421&#160;</font></td></tr></table></div><div style="margin-bottom:6pt;"><font><br></font></div><div id="i_0_85"></div><div style="text-align:center;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">31</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:700;line-height:120%;">      </font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">23. INCOME TAXES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Components of Income Tax Expense</font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Current income tax expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,092&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,607&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32,387&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,742&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Deferred income tax recovery</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,155)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,093)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,160)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,718)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income tax expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,937&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,514&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,227&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,024&#160;</font></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Income tax expense differs from the amount that would result from applying the Canadian federal and provincial income tax rates to earnings before income taxes. These differences result from the items shown on the following table which results in effective tax rates that vary considerably from the comparable period. The main factors that affected the effective tax rates for the three and six months ended June&#160;30, 2019 and the comparable period of 2018 were foreign exchange fluctuations, changes in the recognition of certain deferred tax assets, changes in the non-deductible portion of reclamation liabilities, mining taxes paid, and withholding taxes remitted on payments from foreign subsidiaries.  The Company continues to expect that these and other factors will continue to cause volatility in effective tax rates in the future.</font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Reconciliation of Effective Income Tax Rate</font></div><div style="text-align:justify;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:48.292398%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.695906%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings before taxes, discontinued operations, and non-controlling interests</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,802&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,210&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,833&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">107,876&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Statutory Canadian income tax rate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27.00&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27.00&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27.00&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27.00&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income tax expense based on above rates</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,457&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,367&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,075&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,127&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increase (decrease) due to&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-deductible expenditures</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,184&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">945&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,095&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,875&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Foreign tax rate differences</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">89&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,078&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">238&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,008&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in net deferred tax assets not recognized&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;&#160;- Argentina exploration expenditures</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,002&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">788&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,576&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,532&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;&#160;- Other deferred tax assets</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,945)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,209)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,345)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,556)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-taxable portion of net earnings of affiliates</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(38)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(920)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(68)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,764)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-taxable bargain purchase gain</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,233)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Effect of other taxes paid (mining and withholding)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,636&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,035&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,032&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,330&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Effect of foreign exchange on tax expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,251)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,629&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,031)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,583&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Non-taxable impact of foreign exchange</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,088&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,549)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,681&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,398)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in non-deductible portion of reclamation liabilities </font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,075&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(692)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,332&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(401)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Change in current tax expense estimated for prior years</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,030)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,030)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,640&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,072&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,875&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(282)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Income tax expense</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,937&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,514&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,227&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,024&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Effective income tax rate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69.81&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31.04&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29.06&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.34&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">%</font></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:400;line-height:120%;">        </font></div><div id="i_0_88"></div><div style="text-align:center;margin-top:3pt;margin-bottom:9pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">32</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Notes to the Condensed Interim Consolidated Financial Statements</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">As at June 30, 2019 and December 31, 2018, and for the </font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">three and six month period ended June 30, 2019 and 2018</font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted)</font></div></td></tr></table></div></div><div style="text-align:center;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:2pt;font-weight:700;line-height:120%;">      </font></div><div style="text-align:center;margin-top:6pt;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">24. CONTINGENCIES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company is subject to various legal, tax, environmental and regulatory matters that arise in the ordinary course of business activities. Each of these matters is subject to various uncertainties and it is possible that some of these matters may be resolved unfavorably to the Company. In the opinion of management none of these matters are expected to have a material adverse effect on the results of operations or financial conditions of the Company. </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Since December&#160;31, 2018, there have been no significant changes to these contractual obligations and commitments other than the new liabilities and provisions assumed as described in the purchase price allocation table included in the Tahoe Acquisition (Note 4).</font></div><div id="i_0_94"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:96.535871%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">25. RELATED PARTY TRANSACTIONS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s related parties include its subsidiaries, associates over which it exercises significant influence, and key management personnel. During its normal course of operation, the Company enters into transactions with its related parties for goods and services. All related party transactions for the three and six months ended June&#160;30, 2019 and 2018 have been disclosed in these condensed interim consolidated financial statements. Transactions with Maverix, an associate of the Company, have been disclosed in Note 10 of these condensed interim consolidated financial statements.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">These transactions are in the normal course of operations and are measured at the exchange amount, which is the amount of consideration established and agreed to by the parties.</font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">33</font></div></td></tr></table></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>paas06-30x2019mdaq2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2019 Workiva -->
<title>Document</title></head><body><div id="i_0_1"></div><div style="height:72pt;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div></div><div style="text-align:right;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Exhibit 99.2</font></div><div style="text-align:right;margin-bottom:6pt;"><font><br></font></div><div style="text-align:right;margin-bottom:6pt;"><img alt="image1.jpg" src="image1.jpg" style="height:65px;width:278px;"></div><div style="text-align:right;margin-bottom:6pt;"><font><br></font></div><div style="text-align:right;margin-bottom:6pt;"><font><br></font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:26pt;font-weight:700;line-height:120%;">Management&#8217;s Discussion </font></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:26pt;font-weight:700;line-height:120%;">and Analysis</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:12pt;font-weight:400;line-height:120%;">FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2019 </font></div><div id="i_0_4"></div><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div></div><div style="text-align:right;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:14pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="text-align:right;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:58.187135%;"><tr><td style="width:1.0%;"></td><td style="width:81.668342%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:14.331658%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:12pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">TABLE OF CONTENTS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_7" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Introduction</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_7" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">3</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_10" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Core Business and Strategy</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_10" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">4</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">Highlights</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_13" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">5</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">Operating Performance</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_19" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">7</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">2019 Annual Operating Outlook</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_46" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">17</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">Project Development Update </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_49" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">21</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">Overview of Financial Results</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_52" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">21</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">Acquisition of Tahoe</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_16" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">29</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_58" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Liquidity Position</a> and Capital Resources</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_58" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">31</a></font></div></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_61" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Closure and Decommissioning Cost Provision</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_61" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">32</a></font></div></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_64" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Related Party Transactions</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_64" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">33</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_112" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Alternative Performance (</a>Non-GAAP) Measures</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_67" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">33</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_88" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Risks and Uncertainties</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_88" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">42</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_91" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Significant Judgments and Key Sources of Estimation Uncertainty in the Application of Accounting Policies</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_91" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">45</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_94" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Changes in Accounting Standards</a></font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_94" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">45</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#59ED6EB02506518CA165453BEE99143B" style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">Disclosure Controls and Procedures</a> and Technical Information</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_97" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">46</a></font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">Cautionary Note</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;"><a href="#i_0_100" style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:100%;text-decoration: none;">48</a></font></div></td></tr></table></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div id="i_0_7"></div><div style="text-align:justify;margin-bottom:9pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">2</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:16pt;font-weight:700;line-height:120%;">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:12pt;font-weight:400;line-height:120%;">August&#160;7, 2019 </font></div><div style="margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">INTRODUCTION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">This Management&#8217;s Discussion and Analysis (&#8220;MD&#38;A&#8221;) is intended to help the reader understand the significant factors that influence the performance of Pan American Silver Corp. and its subsidiaries (collectively &#8220;Pan American&#8221;, &#8220;we&#8221;, &#8220;us&#8221;, &#8220;our&#8221; or the &#8220;Company&#8221;) and such factors that may affect its future performance. This MD&#38;A should be read in conjunction with the Company&#8217;s audited consolidated financial statements for the year ended December 31, 2018 (the &#34;2018 Financial Statements&#34;), and the related notes contained therein, and the unaudited condensed interim consolidated financial statements for the three and six  months ended June&#160;30, 2019 (the &#8220;Q2 2019 Financial Statements&#8221;), and the related notes contained therein.   All amounts in this MD&#38;A, the 2018 Financial Statements, and the Q2 2019 Financial Statements are expressed in United States dollars (&#8220;USD&#8221;), unless identified otherwise. The Company reports its financial position, results of operations and cash flows in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;), as issued by the International Accounting Standards Board. Pan American&#8217;s significant accounting policies are set out in Note 3 of the 2018 Financial Statements.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">This MD&#38;A refers to various non-Generally Accepted Accounting Principles (&#8220;non-GAAP&#8221;) measures, such as &#8220;all-in sustaining costs per ounce sold&#34;, &#8220;cash costs per ounce sold&#8221;, &#8220;adjusted earnings&#8221; and &#8220;basic adjusted earnings per share&#8221;, &#34;total debt&#34;, &#34;capital&#34;, and &#8220;working capital&#34;, which are used by the Company to manage and evaluate operating performance at each of the Company&#8217;s mines and are widely reported in the mining industry as benchmarks for performance, but do not have standardized meaning under IFRS. To facilitate a better understanding of these non-GAAP measures as calculated by the Company, additional information has been provided in this MD&#38;A. Please refer to the section of this MD&#38;A entitled &#8220;Alternative Performance (Non-GAAP) Measures&#8221; for a detailed description of &#8220;all-in sustaining cost per ounce sold&#8221;, &#8220;cash costs per ounce sold&#8221;, &#8220;adjusted earnings&#8220; and &#8220;basic adjusted earnings per share&#8221;, &#34;total debt&#34;, &#34;capital&#34;, and &#8220;working capital&#8221; as well as details of the Company&#8217;s by-product credits and a reconciliation, where appropriate, of these measures to the Q2 2019 Financial Statements.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Any reference to &#8220;Cash Costs&#8221; in this MD&#38;A should be understood to mean cash costs per ounce of silver or gold sold, net of by-product credits. Any reference to &#8220;AISC&#8221; in this MD&#38;A should be understood to mean all-in sustaining costs per silver or gold ounce sold, net of by-product credits.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Except for historical information contained in this MD&#38;A, the following disclosures are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian provincial securities laws or are future oriented financial information and as such are based on an assumed set of economic conditions and courses of action. Please refer to the cautionary note regarding forward-looking statements and information at the back of this MD&#38;A and the &#8220;Risks Related to Pan American&#8217;s Business&#8221; contained in the Company&#8217;s most recent Annual Information Form on file with the Canadian provincial securities regulatory authorities and Form 40-F on file with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;). Additional information about Pan American and its business activities, including its Annual Information Form, is available on SEDAR at </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">www.sedar.com</font></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div id="i_0_10"></div><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">3</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">CORE BUSINESS AND STRATEGY</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American engages in silver and gold mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation. The Company owns and operates silver and gold mines located in Peru, Mexico, Argentina, Bolivia, and Canada. We also own the Escobal mine in Guatemala that is currently not operating. In addition, the Company is exploring for new silver deposits and opportunities throughout the Americas. The Company is listed on the Toronto Stock Exchange (Symbol&#58; PAAS) and on the Nasdaq Global Select Market (&#8220;NASDAQ&#8221;) in New York (Symbol&#58; PAAS).</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American&#8217;s vision is to be the world&#8217;s pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development. To achieve this vision, we base our business on the following strategy&#58;</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Generate sustainable profits and superior returns on investments through the safe, efficient and environmentally sound development and operation of silver assets.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Constantly replace and grow our mineable silver reserves and resources through targeted near-mine exploration and global business development.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Foster positive long-term relationships with our employees, our shareholders, our communities and our local governments through open and honest communication and ethical and sustainable business practices.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Continually search for opportunities to upgrade and improve the quality of our silver assets both internally and through acquisition.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Encourage our employees to be innovative, responsive and entrepreneurial throughout our entire organization.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">To execute this strategy, Pan American has assembled a sector-leading team of mining professionals with a depth of knowledge and experience in all aspects of our business, which enables the Company to confidently advance early stage projects through construction and into operation.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American is determined to conduct its business in a responsible and sustainable manner. Caring for the environment in which we operate, contributing to the long-term development of our host communities and ensuring that our employees can work in a safe and secure manner are core values at Pan American. We are committed to maintaining positive relations with our employees, the local communities and the government agencies, all of whom we view as partners in our enterprise.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div id="i_0_13"></div><div style="text-align:center;margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">4</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Q2 2019 HIGHLIGHTS </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Integration of Tahoe Resources Inc. (&#34;Tahoe&#34;)</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">On February 22, 2019, the Company completed the previously announced transaction whereby Pan American acquired all of the issued and outstanding shares of Tahoe (the &#34;Acquisition&#34;). Tahoe was a mid-tier publicly traded precious metals mining company with ownership interests in a diverse portfolio of mines and projects including the following principal mines&#58; La Arena and Shahuindo in Peru&#59; Timmins West and Bell Creek in Canada (together &#34;Timmins&#34;)&#59; and Escobal in Guatemala, where operations have been suspended since June 2017 (together the &#34;Acquired Mines&#34;).  The Company now operates three gold mines as a result of the Acquisition. Consequently, the Company's operations have been divided into silver and gold segments for the purposes of reporting in this MD&#38;A.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">All production, operating and financial results of the Acquired Mines (including Cash Costs and AISC amounts) reported in this MD&#38;A and included in the Company's consolidated results and updated guidance, reflect only the results from February 22, 2019 onwards. Further details of the Acquisition are provided in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Assets Held for Sale </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A, the Timmins assets and liabilities have been classified as held for sale and are presented separately under current assets and current liabilities on the Company's consolidated balance sheet. Further, the Timmins' net income after tax has been presented as a single and separate item on the Company's consolidated income statement.  As such, the consolidated revenue for the three and six months ended June 30, 2019 excludes $57.5 million and $78.6 million of Timmins' revenue. </font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Operations</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Silver production of 6.47 million ounces</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Consolidated silver production for the three months ended June 30, 2019 (&#34;Q2 2019&#34;) of 6.47 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">ounces</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">was comparable to the 6.29 million ounces produced in the three months ended June 30, 2018 (&#34;Q2 2018&#34;). Total production for the six months ended June 30, 2019 (&#34;H1 2019&#34;) of 12.60 million was similar to the 12.40 million produced for the six months ended June 30, 2018 (&#34;H1 2018&#34;). </font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Gold production of 154.6 thousand ounces</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Consolidated gold production for Q2 2019 of 154.6 thousand ounces</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">was 190% higher than the 53.4 thousand ounces produced in Q2 2018, reflecting additional production from the Acquired Mines. H1 2019 gold production of 235.1 thousand ounces was 135.5 thousand ounces higher than the comparable period in 2018. </font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Base metal production</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Zinc production in Q2 2019 was 17.4 thousand</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">tonnes, 17% higher than in the comparable quarter of 2018. Lead production was 6.8 thousand</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">tonnes</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">, </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">33% more than Q2 2018 production, while copper production of 2.1 thousand tonnes was 5% higher than in Q2 2018. Production in the quarter brought H1 2019 production to 34.2 thousand, 13.4 thousand, and 4.1 thousand for zinc, lead and copper, respectively, in-line with expectations and on-track to achieve Management's 2019 production guidance of 65.0 thousand to 67.0 thousand tonnes of zinc, 24.0 thousand to 25.0 thousand tonnes of lead, and 9.8 thousand to 10.3 thousand tonnes of copper. </font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Financial</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Revenue and net income</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Revenue</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in Q2 2019 of $282.9 million (excluding revenue from the Timmins mine of $57.5 million) was up 31% from Q2 2018, primarily due to higher gold sales from the Shahuindo and La Arena mines, partially offset by lower metal prices.  </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">5</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Net income</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">for Q2 2019 was $18.5 million ($0.09 basic earnings per share) compared with earnings of $36.7 million ($0.24 basic earnings per share) in Q2 2018. The quarter-over-quarter decrease mainly reflects&#58; (i) an $18.7 million decrease in mine operating earnings primarily from lower silver and base metal prices, lower grades from mine sequencing and NRV adjustments that increased costs at Dolores and Manantial Espejo, partially offset by positive mine operating earnings from Shahuindo and La Arena&#59; (ii) a non-recurring dilution gain of $13.4 million recognized in Q2 2018&#59; (iii)  Escobal mine care and maintenance costs, and transaction and integration costs associated with the Acquisition, which totaled $9.3 million $10.5 million&#59; and (iv) a $6.8 million increase in interest and financing costs, reflecting interest on the amounts drawn on the Company's $500 million revolving credit facility (the &#34;Credit Facility&#34;)&#59; which was partially offset by $14.6 million of net income generated by the Timmins' mines, classified as income from discontinued operations.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Adjusted income </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in Q2 2019 was $9.0 million ($0.04 basic adjusted earnings per share) compared with $35.4 million ($0.23 basic adjusted earnings per share) in Q2 2018, due primarily to the lower mine operating earnings described above.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Liquidity and working capital position</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As at June&#160;30, 2019, the Company had cash and short-term investment balances of $138.8 million, working capital of $793.1 million, and $165.0 million available under its $500.0 million revolving credit facility. Total debt of $378.8 million was related to the drawn portion of the Credit Facility ($335.0 million) and to the financing of lease liabilities ($43.8 million), which were partially attributable to the new lease accounting standard (IFRS-16) adopted on January 1, 2019. </font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Cash Costs per ounce sold </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Silver Segment</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> Cash Costs relate to the Company&#8217;s operations other than the Acquired Mines and were $6.67 per silver ounce sold for Q2 2019. H1 2019 Silver Segment Cash Costs of $6.08 per ounce were lower than the annual forecast range of $6.50 to $7.50 per ounce.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Gold Segment</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> Cash Costs related to the Acquired Mines were $700 and $718 per gold ounce sold in Q2 2019 and H1 2019, respectively, lower than the annual forecast range of $740 to $810 per gold ounce sold. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Consolidated</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> Negative Cash Costs per silver ounce sold for Q2 2019 and H1 2019 were $(4.19) and $(1.30), respectively, including by-product credits from the Acquired Mines' gold production, and were lower than and within the forecast of ($2.25) to $0.50 per ounce of silver sold, respectively. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Cash Costs is a non-GAAP measure, please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of this measure to the Q2 2019 Financial Statements.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">All-In Sustaining Costs per ounce sold (&#8220;AISC&#8221;) </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Silver Segment</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> AISC for Q2 2019 and H1 2019 were $10.67 and $10.75 per silver ounce sold, respectively,  in line with the 2019 Forecast of $9.75 to $11.25 per ounce.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Gold Segment</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> AISC for Q2 2019 and H1 2019 were $980 and $1,007 per gold ounce sold, respectively, lower than the 2019 forecast of $1,025 to $1,125 per ounce.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Consolidated</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> AISC for Q2 2019 and H1 2019 were $6.12 and $8.21 per silver ounce sold, respectively, which included by-product credits from the Acquired Mines' gold production, compared to the forecast range of $7.75 to $10.75 per silver ounce sold.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">AISC is a non-GAAP measure, please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of this measure to the Q2 2019 Financial Statements.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Annual Forecast</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;padding-left:12.53pt;">Revised Cash Costs, AISC and Production Forecasts </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Based on results to date and those expected for the remainder of the year, Management has revised the 2019 annual forecasts for consolidated Cash Costs, AISC and silver and gold production as discussed in the &#8220;Annual Operating Outlook&#8221; section of this MD&#38;A. The revised 2019 annual  Cash Cost and AISC ranges have been lowered to ($3.30) to ($1.80), and $7.00 to $9.00 per ounce of silver sold, respectively. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">6</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Due to delays in the completion of the projects at COSE and Joaquin, Management has slightly reduced the annual guidance for 2019 silver production to 25.3 million to 26.3 million ounces and gold production to 550 thousand to 600 thousand ounces.   </font></div><div id="i_0_19"></div><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">OPERATING PERFORMANCE</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Silver and Gold Production&#160;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table provides silver and gold production at each of Pan American&#8217;s operations for the three and six month periods ended June 30, 2019 and 2018, except for the Acquired Mines, which for the six months ended June 30, 2019 only include production from the February 22, 2019 acquisition date&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:26.508772%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.384795%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:6.918129%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Production<br>(ounces &#8216;000s)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Gold Production<br>(ounces &#8216;000s)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Operations&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,045&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,873&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,035&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,523&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.1&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,226&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,088&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,339&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,290&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">58.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74.1&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">948&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">742&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,885&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,673&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.4&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Morococha</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">615&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,313&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,383&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">San Vicente</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">940&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">976&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,790&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,740&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.3&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">962&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,176&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,787&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.3&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">La Arena</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Shahuindo</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">61.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Assets held for sale&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">58.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,474&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,294&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,599&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,396&#160;</font></td><td colspan="3" style="background-color:#ffffff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">154.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">235.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99.6&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Morococha data represents Pan American's 92.3% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">San Vicente data represents Pan American's 95.0% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Reflects production results subsequent to the February 22, 2019 closing date of the Acquisition as described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. The Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements and in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. </font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Totals may not add due to rounding.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Silver Production</font><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Consolidated silver production in Q2 2019 of 6.47 million ounces was 3% higher than the 6.29 million ounces produced in Q2 2018.  The higher production was driven from increased production at Huaron, La Colorada, and Dolores. The increases at Huaron and La Colorada were primarily related to increased throughput, whereas at Dolores, the increase was from higher recoveries due to leach pad kinetics. These increases were partially offset by decreased production at Manantial Espejo, due to anticipated lower grades and throughput. Each operation&#8217;s silver production variances are further discussed in the &#8220;Individual Mine Performance&#8221; section of this MD&#38;A.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Gold Production</font><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Consolidated gold production in Q2 2019 of 154.6 thousand ounces was 190% higher than the 53.4 thousand ounces produced in Q2 2018.  The increase was attributable to the production from the Acquired Mines during the quarter, which totaled 119.0 thousand ounces, partially offset by lower production at Dolores and Manantial Espejo as a result of anticipated lower grades and throughput. Each operation&#8217;s production variances are further discussed in the &#8220;Individual Mine Performance&#8221; section of this MD&#38;A.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">7</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Base Metal Production</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table provides the Company&#8217;s base metal production for the three-month and six-month periods ended June 30, 2019 and 2018&#58;</font></div><div style="text-align:justify;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:47.122807%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.719298%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.719298%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.719298%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.719298%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" rowspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">By-Product Production</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29.6&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.4&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.9&#160;</font></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Zinc production in Q2 2019 was 17% higher than Q2 2018, driven primarily by higher throughput at the expanded La Colorada mine, higher throughput at Huaron, and higher grades at Morococha from mine sequencing.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Lead production in Q2 2019 was 33% higher than Q2 2018, resulting primarily from higher throughput at the expanded La Colorada mine, higher grades at Morococha from mine sequencing, and higher throughput at Huaron.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Copper production in Q2 2019 was 5% higher than Q2 2018, driven from higher throughput and grades at Huaron, partially offset by lower grades at San Vicente and Morococha from mine sequencing. Each operation&#8217;s by-product production variances are further discussed in the &#8220;Individual Mine Performance&#8221; section of this MD&#38;A.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Cash Cost and AISC</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company currently operates three gold mines as a result of the Tahoe Acquisition. Consequently, the Company's operations have been divided into silver and gold segments for the purposes of reporting Cash Costs and AISC, as set out in the table below. Based on the increased gold production, the Company has determined it necessary to adjust certain components of how cash costs per ounce and all-in-sustaining costs per ounce are calculated and reported. The quantification of both the current Cash Costs and AISC measures are described in detail, and where appropriate reconciled to the Q2 2019 financial statements, in the &#34;Alternative (Non-GAAP) Performance Measures&#34; section of this MD&#38;A. </font></div><div style="text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">8</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table reflects the Cash Costs and AISC net of by-product credits at each of Pan American&#8217;s operations for the three and six months ended June&#160;30, 2019, as compared to the same periods in 2018 for the Silver Segment mines and since February 22, 2019 for the newly acquired Gold Segment mines&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:35.426901%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.748538%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.748538%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.748538%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.748538%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.894737%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.894737%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.894737%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.894737%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" rowspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;<br>&#160;</font></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">&#160;($ per ounce)</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">($ per ounce)</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.82&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.13&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.50&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.07&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.46&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.20&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.65&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.87&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.70)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.33)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.18&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.78&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.64&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.27&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.00&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.45&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.88&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.69&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.19)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.11&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8.30)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.47&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.57&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.92&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3.37)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.18&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.69&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.12&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.16&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.90&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.35&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.35&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.46&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.47&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.58&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.01&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.08&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.74&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.84&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment Consolidated</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.67&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.08&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.66&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.67&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.33&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.75&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.26&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">546&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">557&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">719&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">709&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">648&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,441&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,374&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">884&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">910&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">946&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">992&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold Segment Consolidated</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">700&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">718&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">980&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,007&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Consolidated metrics per silver ounce sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(5)</sup><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">&#58;</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">All Operations</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.19)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1.30)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.66&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.12&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.52&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">All Operations before NRV inventory adjustments </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.19)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1.30)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.66&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.46&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.72&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.75&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.60&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the section &#8220;Alternative Performance (Non-GAAP) Measures&#8221; of this MD&#38;A for a detailed description of these measures and where appropriate a reconciliation of the measure to the Q2 2019 Financial Statements.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Silver Segment Cash Costs per ounce sold are calculated based on Cash Costs, net of by-product credits divided by per ounce of silver sold and they are therefore different from previously reported Q2 2018 &#34;Cash Costs&#34; which were calculated based on cash costs net of by-product credits divided by payable silver ounces produced.  The Q2 2018 cash costs per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the Q2 2019 Cash Cost per ounce sold. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">2018 AISC per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, and sustaining capital now includes lease payments. Previously, leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">The Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(5)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Consolidated silver basis total is calculated per silver ounce sold with total gold revenues included within by-product credits. G&#38;A costs are included in the consolidated AISC, but not allocated in calculating AISC for each operation.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Cash Costs</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Consolidated Cash Costs on a silver basis were $(4.19) per ounce for Q2</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">2019, down $6.03 from Q2 2018, as a result of the increase in gold by-product credits from the newly acquired Gold Segment mines, which was only partially offset by increased Silver Segment cash costs due to a combination of lower by-product credits and higher smelting and refining charges on a per ounce basis. Consolidated Cash Costs are based on total silver ounces sold and are net of by-product credits from all metals other than silver</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman';font-size:11pt;font-weight:400;line-height:120%;">.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">AISC</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Consolidated AISC on a silver basis for Q2</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">2019 were $6.12 per ounce, a $0.38 decrease from Q2 2018. The quarter-over-quarter increase was primarily the result of the aforementioned increase in Silver Segment cash costs, combined with increased NRV adjustments, and the addition of the Gold Segment capital expenditures, largely offset by the increase in gold by-product credits from the newly acquired Gold Segment mines. Consolidated AISC are based on total silver ounces sold and are net of by-product credits from all metals other than silver</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman';font-size:11pt;font-weight:400;line-height:120%;">.</font></div><div id="i_0_22"></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Individual Mine Performance</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">An analysis of performance at each operation in Q2 2019 compared with Q2 2018 follows.  The project capital amounts invested in Q2 2019 are further discussed in the &#34;Project Development Update&#34; section of this MD&#38;A.</font></div><div id="i_0_25"></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">9</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">La Colorada mine</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:45.514620%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.181287%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes milled &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">176.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">380.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">347.3&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">357&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">361&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">359&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">347&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average zinc grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.77&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.14&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.80&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average lead grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.68&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.36&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.64&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.39&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,045&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,873&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,035&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,523&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.09&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.05&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.10&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.10&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.51&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.23&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.61&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.37&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.86&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.11&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.49&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.23&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.82&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.13&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.48&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.50&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Sustaining capital -&#160;(&#8217;000s)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,631&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,309&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,843&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,195&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.07&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.46&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.20&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.65&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable silver sold - koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,965&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,486&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,012&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,030&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Sustaining capital expenditures exclude $2.8 million and $4.4 million investing activity cash outflows for Q2 2019 and H1 2019, respectively  (Q2 2018 and H1 2018&#58; $1.5 million and $3.1 million respectively) related to investment capital incurred on the La Colorada projects, as disclosed in the &#8220;Project Development Update&#8221; section of this MD&#38;A.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Silver&#58; 9% increase, driven primarily from higher sulphide ore throughput. </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">By-products&#58; 30% and 36% increases in zinc and lead production, respectively, resulting from increased sulphide ore throughput.  </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> the $1.69 per ounce increase was primarily the result of lower by-product credits per ounce sold from lower base metal prices and higher treatment and refining charges, partially offset by higher silver and base metal production. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> primarily related to investments in equipment replacements and rehabilitation, lease payments for equipment and office leases, and  near-mine exploration activities. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">the increase was due to the same factors affecting Cash Costs.  </font></div><div id="i_0_28"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">10</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Dolores mine</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:45.514620%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.181287%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes placed &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,593.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,664.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,433.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,561.9&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average gold grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.52&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.03&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.51&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.94&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,226&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,088&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,339&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,290&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">58.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74.1&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.87&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.70)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.33)</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Sustaining capital -&#160;(&#8217;000s)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,965&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,245&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,032&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,616&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22.30&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.18&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24.21&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.78&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable silver sold - koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,183&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,145&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,194&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,385&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Sustaining capital expenditures exclude $nil and $0.4 million of investing activity cash outflow for Q2 2019 and H1 2019, respectively  (Q2 and H1 2018&#58; $4.1 million and $8.5 million, respectively) related to investment capital incurred on Dolores expansion projects, as disclosed in the &#8220;Project Development Update&#8221; section of this MD&#38;A.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Silver&#58; 13% higher due to improved leach kinetics from better than expected recovery of partially leached pad 1 materials and increased pulp agglomeration throughput, partially offset by lower heap leach stacking rates.   </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Gold&#58;  28% lower due to lower grades from mine sequencing, partially offset by the previously discussed improvement in leach kinetics from the pad 1 material.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> increased $13.57 per ounce due primarily to lower grades from mine sequencing, which resulted in a 26% drop in gold by-product credits. Additionally, open pit mining activities were higher in Q2 2019 than in Q2 2018, reflecting the temporary mine suspension in Q2 2018 to address access road security issues. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> comprised mainly of pre-stripping expenditures and leach pad expansions.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">increased $21.12 per ounce, due to the same factors affecting Cash Costs, as well as a $5.3 million ($4.54 per ounce) increase in quarter-over-quarter cost increasing non-cash NRV adjustments and a $3.7 million increase in sustaining capital expenditures due to higher pre-stripping activities following the mine suspension in Q2 2018. </font></div><div id="i_0_31"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">11</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Huaron mine</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:45.723935%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.069016%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.069016%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.069016%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.069016%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes milled - kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">250.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">203.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">490.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">438.3&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">139&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">137&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">141&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">143&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average zinc grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.54&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.58&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.41&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.44&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average lead grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.19&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.15&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.18&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.10&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average copper grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.79&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.57&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.76&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.72&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">948&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">742&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,885&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,673&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.14&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.36&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.89&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.01&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.02&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.11&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.31&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.75&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.40&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.56&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.50&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.78&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.79&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.35&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.64&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.27&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.00&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.48&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital - (&#8217;000s)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,144&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,359&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,362&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,973&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.45&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.88&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.48&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable silver sold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">829&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">674&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,648&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,452&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">2018 AISC per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, and sustaining capital now includes lease payments. Previously leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Silver&#58; 28% higher, primarily due to higher throughput relative to Q2 2018 when processing activities were impacted by a roadblock.  </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">By-products&#58; 22%, 32% , and 93% increases in zinc, lead and copper production, respectively, primarily as a result of increased throughput. Copper production also benefited from higher grades due to mine sequencing. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> consistent with the prior period, as the decrease in base metal prices and increased treatment and refining charges were largely offset by higher production of all metals. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> related primarily to payments for equipment leases, near mine exploration, and equipment replacements and refurbishments. The decrease from Q2 2018 was related primarily to the completion of the tailings storage facility construction and mine deepening projects, both of which began in Q2 2018.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> a decrease of $3.43 per ounce, primarily the result of the decrease in sustaining capital and exploration costs. </font></div><div id="i_0_34"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">12</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Morococha mine</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:7.15pt;font-weight:700;line-height:120%;vertical-align:top;">(1)</sup></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:45.514620%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.181287%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes milled &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">170.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">171.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">339.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">339.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">127&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">136&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">136&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">143&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average zinc grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.66&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.50&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.83&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.64&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average lead grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.15&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.83&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.24&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.85&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average copper grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.37&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.68&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.44&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.77&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">615&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,313&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,383&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.27&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.66&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.90&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.46&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.18&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.26&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.57&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.04&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.34&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.15&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.34&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.88&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.91&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.01&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.69&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.19)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.11&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8.30)</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Sustaining capital (100%) -&#160;(&#8217;000s)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,715&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,853&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,649&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,884&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.47&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.57&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.92&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3.37)</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable silver sold (100%) - koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">565&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">609&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,257&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,290&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Production figures are for Pan American&#8217;s 92.3% share only, unless otherwise noted.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">2018 AISC per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, and sustaining capital now includes lease payments. Previously leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Sustaining capital expenditures exclude $0.5 million and $0.7 million of investing activity cash outflow for Q2 2019 and H1 2019, respectively (Q2 and H1 2018&#58; $nil) related to investment capital incurred on Morococha plant studies, as disclosed in the &#8220;Project Development Update&#8221; section of this MD&#38;A.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Silver&#58; 6% lower due to lower grades from mine sequencing. </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">By-products&#58; a 51% and 6% increase in lead and zinc production, respectively, and a 61% decrease in copper production, all related to grades variances from mine sequencing.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> $9.88 per ounce higher, primarily because of lower by-product metal prices, lower silver and copper production, and higher treatment and refining charges.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> primarily related to near-mine exploration, equipment replacements and refurbishments, and equipment and office leases.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> $9.90 per ounce higher due to the same factors affecting quarter-over-quarter cash costs.</font></div><div id="i_0_37"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">13</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">San Vicente mine </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:7.15pt;font-weight:700;line-height:120%;vertical-align:top;">(1)</sup></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:45.514620%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.181287%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes milled &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">87.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">86.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">170.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">161.8&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">371&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">374&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">363&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">361&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average zinc grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.22&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.34&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.42&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.10&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average lead grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.13&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.33&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.10&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.33&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average copper grade - %</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.31&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.41&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">940&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">976&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,790&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,740&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.13&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.14&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.22&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.27&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.50&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.43&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.49&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.08&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.22&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.12&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.42&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.22&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.40&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.59&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;"> (3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.18&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.69&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.21</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.12</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital (100%) -&#160;(&#8217;000s)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">414&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,140&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,404&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,606&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.16&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.90&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.35&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable silver sold (100%) - koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,152&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">893&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,273&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,676&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Production figures are for Pan American&#8217;s 95.0% share only, unless otherwise noted.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">2018 AISC per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, and sustaining capital now includes lease payments. Previously leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Silver&#58; 4% lower primarily from a decrease in recoveries due to ore characteristics. </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">By-products&#58; the 5%</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">increase in zinc and 62% and 27% decreases in lead and copper production, respectively, were the result of mine sequencing, as well as a reduction in the payability of lead in the silver concentrate sales contracts. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> $0.51 per ounce lower due largely to the timing of royalty expense recognition, which was partially offset by higher direct operating costs per ounce due to inflation in labour costs and consumables.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> Q2 2019 expenditures primarily relate to mine equipment replacements and rehabilitation, and near-mine exploration. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">the $2.56 per ounce decrease was due primarily to lower sustaining capital expenditures, in addition to the factors that reduced cash costs. </font></div><div id="i_0_40"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">14</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Manantial Espejo mine</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:45.514620%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.134503%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.181287%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0094ff;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes milled - kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">152.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">197.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">341.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">399.9&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">139&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">177&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">119&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">163&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average gold grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.19&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.91&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.04&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.79&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">962&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,176&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,787&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.37&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.62&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.31&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.35&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.46&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.47&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.58</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital -&#160;(&#8217;000s)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">664&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,094&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,385&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,627&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.01&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.08&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.74&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.84&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable silver sold - koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">782&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">987&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,184&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,661&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial';font-size:12pt;font-weight:400;line-height:115%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;padding-left:13.8pt;">Silver and Gold&#58; 32% and 54% decreases, respectively, primarily from lower throughput due to a temporary suspension of operations and the planned decrease in grades from processing of stockpiled ore. </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">As previously announced on June 17, 2019 operations at Manantial Espejo were suspended for approximately 13 days during Q2 2019 following a fatal accident at the COSE project, operations recommenced in the last week of June.    </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> an $8.89 per ounce increase, primarily as a result of the following factors&#58; (i) lower silver and gold sales due to lower throughput and grades&#59; and, (ii) higher direct selling costs due to the introduction of an export tax in late 2018. Partially offsetting these factors were lower production costs due to the steep devaluation of the Argentine peso. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">  Q2 2019 expenditures were primarily related to lease payments for diesel generators on site.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">the $6.93 per ounce increase was due to the same factors described in cash costs, partially offset by an increase in non-cash NRV inventory adjustments.</font></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div id="i_0_43"></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">15</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Gold Segment Mines</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Gold Segment Mines were acquired on February 22, 2019, as such, the financial and operating results of these mines have only been reported, and included in the Company's consolidated results, from this date forward.  All comparative 2018 period amounts for the Acquired Mines will be nil.</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:97.368421%;"><tr><td style="width:1.0%;"></td><td style="width:32.234234%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.960961%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.960961%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.960961%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.960961%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.960961%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.960961%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Three months ended</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">June 30,</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Tonnes milled - kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,212.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,296.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">411.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,450.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,915.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">593.0&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average silver grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.22&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.41&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.40&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average gold grade &#8211; grams per tonne</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.59&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.42&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.28&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.61&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.43&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.13&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35.01&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.01&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45.19&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.98&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.10&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold &#8211; koz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46.83&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.42&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43.78&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">61.29&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43.13&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">58.17&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">546&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">884&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-left:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">557&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">648&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">910&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Sustaining capital -&#160;(&#8217;000s)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,835&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,470&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,074&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-left:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,065&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,926&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,987&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">719&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,441&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">946&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-left:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">709&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,374&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">992&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Payable gold ounces sold </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,946&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,124&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,000&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;border-left:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,546&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,258&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,700&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">The Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed reconciliation of these measures to cost of sales.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Timmins sustaining capital expenditures exclude $0.9 million  and $2.2 million of investing activity cash outflow for Q2 2019 and H1 2019, respectively,  and related primarily to reduction in accounts payable balances from the Bell Creek shaft project completed prior to acquisition. Shahuindo sustaining capital expenditures exclude $1.8 million and $1.8 million of investing activity cash outflow for Q2 2019 and H1 2019, respectively, relating to project development.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Shahuindo</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> gold production of 61.3 thousand ounces since the acquisition is consistent with Management's expectations and represents 41% of the midpoint of Management's 2019 annual forecast range of 135.0 thousand to 165.0 thousand ounces.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> were $557 per gold ounce in H1 2019, within Management's 2019 annual forecast range of $550 to $625 per ounce.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> sustaining capital was primarily comprised of leach pad construction and mining equipment, and was consistent with expectations.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in H1 2019 were $709, lower than Management's 2019 annual forecast range of $875 to $1,000, as a result of sustaining capital being back loaded into the second half of the year.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">La Arena</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58; </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">gold production of 43.1 thousand ounces since the acquisition is consistent with Management's expectations and represents 36% of the midpoint of Management's 2019 annual forecast range of 117.5 thousand to 122.5 thousand ounces.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> year-to-date were $648 per gold ounce, lower than Management's 2019 annual forecast range of $800 to $850 per ounce, due to the timing of capitalized pre-stripping activities.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> sustaining capital was primarily comprised of pre-stripping activities, leach pad construction, mine infrastructure, and land purchases, and was consistent with expectations.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">year-to-date was $1,374, slightly higher than Management's 2019 annual forecast range of $1,275 to $1,325, due to the timing of capitalized pre-stripping activities. </font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">16</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Timmins</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Production&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> gold production of 58.2 thousand ounces since the acquisition is consistent with Management's expectations and represents 37% of the midpoint of Management's 2019 annual forecast range of 155.0 thousand to 160.0 thousand ounces.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Cash Costs&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> year-to-date were $910 per gold ounce, and within Management's 2019 annual forecast range of $890 to $940 per ounce.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Sustaining Capital&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> sustaining capital was primarily comprised of exploration, equipment rebuilds and infrastructure upgrades, and was consistent with expectations. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">AISC&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">year-to-date was $992, which is slightly below the lower end of Management's 2019 annual forecast range of $1,025 to $1,075.</font></div><div id="i_0_46"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019 ANNUAL OPERATING OUTLOOK </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">These estimates are forward-looking statements and information that are subject to the cautionary note associated with forward-looking statements and information at the end of this MD&#38;A.  The following forecast amounts refer the updated annual 2019 forecasts as provided in the Company's Q1 2019 MD&#38;A dated May 8, 2019, and include certain forecast amounts for the Acquired Mines from February 22, 2019 to December 31, 2019 (the &#34;May 2019 Forecast&#34; amounts). </font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Production Relative to Forecast&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the H1 2019 metal production compared to the May 2019 Forecast amounts&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:82.017544%;"><tr><td style="width:1.0%;"></td><td style="width:38.641711%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:9.942959%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:24.916221%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:18.499109%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">H1 2019 Actual</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">May 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">% of 2019 Forecast </font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver &#8211; Moz</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.60&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26.6 - 27.6</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Gold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;"> &#8211; koz</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">235.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">570.0 - 620.0</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">65.0 - 67.0</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24.0 - 25.0</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #e0e8f2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #e0e8f2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper &#8211; kt</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.8 - 10.3</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #e0e8f2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #e0e8f2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Percentage calculated based on mid-point of the guidance ranges in the table above.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:15pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Timmins mines are classified as assets held for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. Gold production from the Timmins operations is included in the consolidated forecast pending resolution from the sale process.   </font></div><div style="margin-top:14pt;margin-bottom:14pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:115%;">Cash Costs and AISC Compared to Forecast&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes H1 2019 Cash Costs and AISC for each operation compared to the respective May 2019 Forecast amounts.  These estimates are largely influenced by Management's assumptions and estimates for productivity, input costs, commodity prices and currency exchange rates.</font></div><div style="text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">17</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">For the purposes of these comparisons, the symbols have the following meanings&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:4.295754%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:91.704246%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Actual results were better than May 2019 Forecast range</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Actual results met the May 2019 Forecast range</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:700;font-family:'Wingdings';color:#ee2724;background-color:rgb(255,255,255, 0.0);">&#251;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Actual results were short of May 2019 Forecast range</font></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:38.263543%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:14.251830%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.759883%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.856515%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:14.251830%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:5.759883%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.856515%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" rowspan="2" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">($ per ounce)</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">($ per ounce)</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">May 2019 </font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Forecast</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">H1 2019 Actual</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">May 2019</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Forecast</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">H1 2019 Actual</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment&#58;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.50 - 3.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$2.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.50- 4.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$4.20&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.50 - 5.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.00 - 16.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$24.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Wingdings';color:#ee2724;background-color:rgb(255,255,255, 0.0);">&#251;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.00 - 7.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.00&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.50 - 9.25</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$6.48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.10 - 4.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.11&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.00 - 9.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$5.92&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60 - 11.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.25 - 13.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$10.90&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.00 - 18.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.47&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#ee2724;background-color:rgb(255,255,255, 0.0);">&#251;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.75 - 19.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$18.74&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50 - 7.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.08&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">9.75 - 11.25</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$10.75&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold Segment&#58;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">550 - 625</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">557&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">875 - 1,000</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$709&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">800 - 850</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">648&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,275 - 1,325</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$1,374&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Wingdings';color:#ee2724;background-color:rgb(255,255,255, 0.0);">&#251;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">890 - 940</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">910&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,075</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$992&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">740 - 810</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$718&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,125</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$1,007&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;&#252;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Consolidated Silver Basis</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(5)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2.25) - 0.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$(1.30)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.75 - 10.75</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$8.21&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Wingdings';color:#5b9a04;background-color:rgb(255,255,255, 0.0);">&#252;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed description of these calculations and a reconciliation of these measures to the Q2 2019 Financial Statements. The cash costs and AISC forecasts assume metal prices of $14.50&#47;oz for silver, $1,250&#47;oz for gold, $2,600&#47;tonne ($1.18&#47;lb) for zinc, $1,950&#47;tonne ($0.88&#47;lb) for lead, and $6,150&#47;tonne ($2.79&#47;lb) for copper&#59; and average annual exchange rates relative to 1 USD of 19.50 for the MXN, 3.33 for the PEN, 41.80 for the ARS, 6.91 for the BOL, and $1.30 for the CAD.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Consolidated total is calculated per silver ounce sold with gold revenues included in the by-product credits. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">As shown in the detailed quantification of consolidated AISC, included in the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A, corporate general and administrative expense, and exploration and project development expense are included in consolidated (silver basis) AISC, but are not allocated amongst the operations and thus are not included in either the silver or gold segment totals. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. Gold production from the Timmins operations is included in the consolidated guidance pending resolution from the sale process. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(5)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Consolidated silver basis is calculated by treating all revenues from metals other than silver, including gold, as a by-product credit. </font></div><div style="margin-top:9pt;margin-bottom:9pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">18</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:9pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:115%;">Capital Expenditures Relative to Forecast&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the H1 2019 capital expenditures compared to the May 2019 Forecast amounts&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:49.315789%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:14.228070%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:14.228070%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:14.228070%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019 Capital Expenditures ($ millions)&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">H1 2019<br>Actual&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">May 2019<br>Forecast</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">% of </font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Annual Guidance</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;"> (1)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.5 &#8211; 7.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">86%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53.0 &#8211; 54.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.5 &#8211; 7.5</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">77%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.0 &#8211; 12.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">49%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.5 &#8211; 7.5</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.5 &#8211; 2.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">80%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47.5 - 49.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54.0 - 56.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">58%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16.5 - 18.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Sustaining Capital Sub-total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">203.0 - 213.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.50&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.50&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">64%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Joaquin and COSE projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20.00&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">65%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Acquired Mines projects</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.00&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">50%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Project Capital Sub-total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40.00&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">59%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total Capital</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">243.0 - 253.0</font></td><td colspan="3" style="display:none;"></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:0%;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46%&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Percentage calculated based on mid-point of the related 2019 guidance range. </font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. The capital expenditures for the Timmins operations is included in the consolidated forecast  pending resolution from the sale process. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">August 2019 Forecast&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Based on cash costs and AISC achieved in H1 2019, increased gold price expectations and the expected results for the remainder of 2019, Management is reducing the consolidated silver basis cash costs and AISC to between ($1.80) and ($3.30) per ounce and between $7.00 and $9.00 per ounce, respectively. Please see the table below entitled &#34;August 2019 Forecast&#34; for a mine by mine breakdown. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">Management is revising the full-year consolidated silver production estimate slightly to between 25.3 to 26.3 million ounces and annual gold production guidance to between 550.0 and 600.0 thousand ounces, as shown in the table below. The slight reduction is due to a postponement of commercial production from COSE and Joaquin by three months following the fatal ground fall accident, as disclosed on June 17, 2019, which is not expected to have a significant adverse impact on 2019 financial results. The Company is currently conducting an extensive evaluation of alternative mining methods to identify the optimal method for the ground conditions at COSE and the delay allows time for implementation and training. Also included in the revised guidance are mine scheduling adjustments at Morococha.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Based on H1 2019 capital expenditures and those expected for the remainder of the year, Management is increasing Project Capital by $5.0 million to $45.0 million as a result of the delayed development of the COSE and Joaquin projects. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">19</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The revised per mine 2019 annual forecast amounts for silver and gold production, cash costs and AISC (&#34;Revised August 2019 Forecast&#34;) compared to the May 2019 Forecast amounts are set out in the following tables. The forecast for 2019 reflects a full year of production for the Silver Segment mines and from February 22, 2019, to December 31, 2019, for the Gold Segment mines&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:41.859649%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Production<br>(million ounces)</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Gold Production<br>(thousand ounces)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revised<br>August 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">May 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revised<br>August 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">May 2019 Forecast</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.0 - 8.2</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.0 - 8.2</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.1 - 4.8</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.1 - 4.8</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.2 - 5.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.2 - 5.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114.5 - 120.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114.5 - 120.0</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.6 - 3.7</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.6 - 3.7</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.5&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Morococha (92.3%)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.5 - 2.6</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.8 - 2.9</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.2 - 1.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.2 - 1.5</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">San Vicente (95.0%)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.5 - 3.7</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.5 - 3.7</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.3&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo, COSE &#38; Joaquin</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.4 - 2.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.4 - 3.6</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20.0 - 25.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">42.0 - 45.0</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25.2 - 26.2</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26.5 - 27.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">140.5 - 152.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">162.5 - 172.5</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold Segment&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">137.0 - 165.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">135.0 - 165.0</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">117.5 - 122.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">117.5 - 122.5</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(5)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">155.0 - 160.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">155.0 - 160.0</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">409.5 - 447.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">407.5 - 447.5</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total Production</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(6)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25.3 - 26.3</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26.6 - 27.6</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">550.0 - 600.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">570.0 - 620.0</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="padding-right:6.75pt;margin-top:3pt;"><font><br></font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:41.128655%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.766082%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:12.035088%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">($ per ounce)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">AISC </font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">($ per ounce)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revised<br>August 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">May 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revised<br>August 2019 Forecast</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">May 2019 Forecast</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.50 - 3.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.50 - 3.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.50 - 4.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.50 - 4.50</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.80 - 3.40</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.50 - 5.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15.00 - 17.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.00 - 16.00</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.00 - 7.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.00 - 7.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.50 - 9.25</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.50 - 9.25</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Morococha (92.3%)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.10 - 4.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.10 - 4.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.00 - 9.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.00 - 9.00</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">San Vicente (95.0%)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60 - 11.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60 - 11.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.25 - 13.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.25 - 13.50</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo, COSE &#38; Joaquin</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.70 - 22.60</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.00 - 18.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22.00 - 24.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.75 - 19.50</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50 - 7.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50 - 7.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.75 - 11.25</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.75 - 11.25</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold Segment&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">550 - 625</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">550 - 625</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">875 - 1,000</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">875 - 1,000</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">800 - 850</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">800 - 850</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,275 - 1,325</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,275 - 1,325</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(5)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">890 - 940</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">890 - 940</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,075</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,075</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">740 - 810</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">740 - 810</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,125</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,125</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consolidated Silver Basis</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3.30) - (1.80)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2.25) - 0.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.00 - 9.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.75 - 10.75</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the section &#8220;Alternative Performance (Non-GAAP) Measures&#8221; of this MD&#38;A for a detailed description of these measures and where appropriate a reconciliation of the measure to the Q2 2019 Financial Statements. The cash costs and AISC forecasts assume realized metal prices for H1 2019 and the following metal prices for the remainder of 2019&#58; of $15.00&#47;oz for silver, $2,400&#47;tonne ($1.09&#47;lb) for zinc, $1,950&#47;tonne ($0.88&#47;lb) for lead, $6,000&#47;tonne ($2.72&#47;lb) for copper, and $1,375&#47;oz for gold&#59; and average annual exchange rates relative to 1 USD of 19.50 for the Mexican peso (&#34;MXN&#34;), 3.33 of the Peruvian sol (&#34;PEN&#34;), 41.80 for the Argentine peso (&#34;ARS&#34;), 6.91 for the Bolivian boliviano (&#34;BOL&#34;), and $1.30 for the Canadian dollar (&#34;CAD&#34;).</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Morococha data represents Pan American&#8217;s 92.3% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">San Vicente data represents Pan American&#8217;s 95.0% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">As shown in the detailed quantification of consolidated AISC, included in the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A, Corporate general and administrative expense, and Exploration and project development expense are included in Consolidated (silver basis) AISC, but are not allocated amongst the operations and thus are not included in either the silver or gold segment totals. </font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(5)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Timmins mines are classified as assets held for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. The gold production from the Timmins operations is included in the consolidated guidance pending resolution from the sale process.</font></div><div id="i_0_49"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">20</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:97.269006%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">PROJECT DEVELOPMENT UPDATE </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table reflects the amounts spent at each of Pan American&#8217;s major projects in Q2 2019 and H1 2019 as compared with Q2 2018 and H1 2018&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:44.783626%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.304094%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.304094%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.304094%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.304094%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Project Development Capital </font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="6" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" rowspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(thousands of USD)</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Mexico Projects</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,754&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,624&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,756&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,685&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Joaquin and COSE projects</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,047&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,051&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,901&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,068&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">542&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">655&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Acquired Mines projects</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,112&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,017&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,455&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,675&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,329&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,753&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;text-align:justify;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Amounts provided in the table above, including prior year amounts, reflect cash-outflows for project capital in the respective periods, amounts provided in similar tables provided in previous MD&#38;As represented amounts capitalized as part of the projects in the period reported. As a result of periodic changes in accounts payable balances, the amounts capitalized for the projects during the period may be different than the project investment cash outflows in the period.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">During Q2 2019, the Company achieved the following progress on its projects&#58;</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Mexico Projects&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company spent $2.8 million in Q2 2019 for exploration drilling activities relating to the La Colorada skarn deposit discovery announced last year. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Joaquin and COSE Projects</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company spent a combined $7.0 million on the Joaquin and COSE projects during Q2 2019. Development at both projects has been suspended following a fatal ground fall accident that occurred at COSE, as previously disclosed on June 17th, 2019. Careful efforts are being taken by Management to redesign the mining methods to address the poor ground conditions encountered. Development of these projects will remain suspended until the mining method redesign is fully evaluated and implemented later this year. Current expectations are that COSE production in late 2019 will be limited to development material rather than from steady state mine production.          </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Morococha Project</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Project capital spending at Morococha during Q2 2019 related to the installation of a new powerline to the existing processing plant and preliminary engineering and design work for a future plant relocation. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:174%;">Acquired Mines Projects&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company spent $3.1 million primarily related to completing the crushing and agglomeration plant at Shahuindo and the mine shaft project at Bell Creek.</font></div><div id="i_0_52"></div><div style="text-align:center;margin-bottom:6pt;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">OVERVIEW OF Q2 2019 FINANCIAL RESULTS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Selected Annual and Quarterly Information</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following tables set out selected quarterly results for the past ten quarters as well as selected annual results for the past two years. The dominant factors affecting results in the quarters and years presented below are volatility of realized metal prices and the timing of sales, which varies with the timing of shipments. </font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">21</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:90.204678%;"><tr><td style="width:1.0%;"></td><td style="width:70.771475%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:10.155592%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:13.072934%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Quarter Ended</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, other than per share amounts)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">March 31</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">232,643&#160;</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">282,948&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine operating earnings (loss)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,194&#160;</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,140&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings (loss) for the period attributable to equity holders  </font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">33,275&#160;</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,371&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Basic earnings (loss) per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.19&#160;</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Diluted earnings (loss) per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.19&#160;</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash flow from operating activities</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,911)</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">83,518&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash dividends paid per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other financial information</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div style="padding-left:9pt;text-align:right;"><font><br></font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div style="padding-left:9pt;text-align:right;"><font><br></font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,422,095&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total long-term financial liabilities</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">535,369&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total attributable shareholders&#8217; equity</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,413,388&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Total long-term financial liabilities are comprised of non-current liabilities excluding deferred tax liabilities, deferred revenue, and share purchase warrant liabilities.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:44.402349%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Quarter Ended</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Year<br>Ended</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, other than per share amounts)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">March 31</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Sept 30</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dec 31</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dec 31</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">206,961&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">216,460&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">187,717&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">173,357&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">784,495&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine operating earnings (loss)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,124&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54,851&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,412)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,666)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100,897&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings (loss) for the period attributable to equity holders  </font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,376&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,187&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,460)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(63,809)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,294&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Basic earnings (loss) per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.31&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(0.06)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(0.42)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.07&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Diluted earnings (loss) per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.31&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.24&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(0.06)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(0.42)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.07&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash flow from operating activities</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,400&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">66,949&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41,699&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,930&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">154,978&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash dividends paid per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.035&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.140&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other financial information</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,937,476&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total long-term financial liabilities</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">96,828&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total attributable shareholders&#8217; equity</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,508,212&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:6pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Total long-term financial liabilities are comprised of non-current liabilities excluding deferred tax liabilities, deferred revenue, and share purchase warrant liabilities.</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:44.402349%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.719530%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2017&#160;</font></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Quarter Ended</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Year<br>Ended</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, other than per share amounts)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">March 31</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Sept 30</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dec 31</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dec 31</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">198,687&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">201,319&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">190,791&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">226,031&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">816,828&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine operating earnings</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">32,875&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,782&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,818&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,285&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">168,760&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Earnings for the period attributable to equity holders  </font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,371&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,472&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,256&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,892&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">120,991&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Basic earnings per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.13&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.23&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.11&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.32&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.79&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Diluted earnings per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.13&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.23&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.11&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.32&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.79&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash flow from operating activities</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">38,569&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">42,906&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">63,793&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">79,291&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">224,559&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash dividends paid per share</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.025&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.025&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.025&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.025&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.100&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other financial information</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,993,332&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total long-term financial liabilities</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90,027&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total attributable shareholders&#8217; equity</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:middle;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:middle;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,516,850&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Total long-term financial liabilities are comprised of non-current liabilities excluding deferred tax liabilities, deferred revenue, and share purchase warrant liabilities.</font></div><div id="i_0_103"></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">22</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Income Statement&#58; Q2 2019 vs. Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Net earnings </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">of $18.5 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">were recorded in Q2 2019 compared to $36.7 million  in Q2 2018, which corresponds to basic earnings per share of $0.09 and $0.24, respectively.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table highlights the differences between net earnings in Q2 2019 compared with Q2 2018&#58;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:67.309838%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.534214%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.894273%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.534214%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.894273%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.433186%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Net earnings, three months ended June 30, 2018<br>(in thousands of USD)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Note&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased realized metal prices</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(17,301)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Higher quantities of metal sold</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">95,859&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased direct selling costs</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,877)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased negative settlement adjustments</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,193)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total increase in revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">66,488&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(1)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cost of sales&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased production costs and decreased royalty charges</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(65,212)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(2)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased depreciation and amortization</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(19,987)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(3)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total increase in cost of sales</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(85,199)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total decrease in mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,711)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased net income from discontinued operations</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,634&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(4)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased dilution gain, net of share of income from associate</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,804)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(5)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased income tax expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,577&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(6)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased interest and finance expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,770)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(7)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased care and maintenance costs</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,842)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(8)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased foreign exchange loss</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,614&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(9)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased investment income and other expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,389&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(10)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased transaction and integration costs</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,446)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(11)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased net gain on asset sales, commodity contracts and derivatives</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,915&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased exploration and project development expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,748)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased general and administrative expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,005)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Net earnings,&#160;three months ended June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">1.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Revenue</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> for Q2 2019 was $66.5 million higher than in Q2 2018. The major driver was an estimated  $95.9 million increase from larger quantities of metal sold for all metals other than copper. The quantity of gold sold increased by 109% or 56.5 thousand ounces, attributable to the Shahuindo and La Arena mines.   Increased quantities of silver and lead sold was largely from higher production along with the timing of sales at La Colorada. The increased quantity of zinc sales was attributable to increased production at Huaron, and the timing of sales at San Vicente. The higher quantities of metal sold was partially offset by lower realized metal prices, which decreased revenue by approximately $17.3 million, mainly from a 9% decrease in realized silver and zinc prices, and a 21% decrease in realized lead prices. </font></div><div style="padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table reflects the metal prices realized by the Company and the quantities of metal sold during each quarter&#58;</font></div><div style="padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:92.397661%;"><tr><td style="width:1.0%;"></td><td style="width:51.639241%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.591139%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.392405%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:9.392405%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:9.392405%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:9.392405%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:8pt;font-weight:700;line-height:100%;">Realized Metal&#160;Prices </font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.2pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:8pt;font-weight:700;line-height:100%;">Quantities of Metal Sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.2pt;font-weight:700;line-height:100%;vertical-align:top;"> (2)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Silver</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.90&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16.40&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,502&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,795&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Gold</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,314&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,304&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">108.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52.0&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Zinc</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,783&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,045&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.0&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Lead</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,875&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,378&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.5&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Copper</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,100&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,840&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.9&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-13.5pt;padding-left:49.5pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1) Metal price stated as dollars per ounce for silver and gold, and dollars per tonne for zinc, lead and copper, inclusive of final settlement adjustments on concentrate sales. </font></div><div style="text-indent:-13.5pt;padding-left:49.5pt;text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2) Metal quantities stated as koz for silver and gold and kt for zinc, lead and copper.</font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">23</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Production costs</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in Q2 2019 were $67.6 million higher than in Q2 2018. The increase was mainly the result of&#58; (i) additional production costs from the newly acquired Shahuindo ($29.6 million) and La Arena ($23.2 million) mines&#59; (ii) increased production costs at La Colorada and San Vicente attributable to higher sales volumes&#59; (iii) higher production costs at Dolores&#59; and (iv) $4.8 million lower cost-reducing NRV inventory adjustments. </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">3.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Depreciation and amortization (&#34;D&#38;A&#34;) expense</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">was $20.0 million higher than in Q2 2018, largely as a result of additional depreciation expense from the newly acquired Shahuindo ($11.7 million) and La Arena ($4.2 million) mines, and increased depreciation at Dolores due to a higher asset base.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">4.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Net income from assets held for sale </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">reflects the net after-tax operating results of the Timmins mines  acquired as part of the Tahoe Acquisition.  As described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A, the Company has concluded that the Timmins assets meet the criteria to be classified as assets  held for sale and discontinued operations, and therefore are presented as a single line on the Company's consolidated statement of income. </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">5.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Share of income from associate and dilution gains</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> relate </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">to the Company's investment in Maverix Metals Inc. (&#34;Maverix&#34;) which is accounted for using the equity method whereby the Company records its portion of Maverix's net income based on Pan American's fully diluted ownership interest.  The </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">$13.8 million quarter-over-quarter decrease was attributable to </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Maverix issuing common shares in Q2 2018 to acquire certain royalty assets which diluted Pan American's ownership in Maverix and resulted in the recognition of a $13.4 million dilution gain.  </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:115%;">6.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:115%;padding-left:9.5pt;">Income tax expense </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">of $8.9 million in Q2 2019 was $7.6 million lower than the $16.5 million income tax expense in Q2 2018.  The lower taxes were largely attributable to the decrease in net earnings before tax, partially offset by the tax expense in Q2 2018 including tax benefits recognized with respect to certain intercompany debt restructuring, whereas no such benefits were recognized in the current quarter.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:115%;">7.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:115%;padding-left:9.5pt;">Interest and finance costs </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">increased $6.8 million from Q2 2018, primarily reflecting the interest expense relating to the increased debt drawn on the Company's Credit Facility to partially fund the Tahoe Acquisition.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">8.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Care and maintenance costs </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">of</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">$5.8 million in Q2 2019, related primarily to the Company's Escobal mine, where operations are currently suspended.   </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">9.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Foreign exchange (&#8220;FX&#8221;) gains</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in Q2 2019 were $0.7 million compared to FX losses of $4.9 million in Q2 2018.  The FX losses in Q2 2018 resulted primarily from the approximately 30% depreciation of the ARS and the approximately 8% devaluation of the MXN on the Company's ARS and MXN denominated monetary assets.  Relatively stable currencies resulted in no such FX gains or losses in Q2 2019.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">10.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:3.93pt;">Investment income </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">increased by $3.6 million from Q2 2018, reflecting the fair value mark-to-market adjustment of certain of the Company's equity investments, for which prices appreciated during the quarter.  </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">11.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:3.93pt;">Transaction and integration costs </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in Q2 2019 relate to costs incurred as part of the acquisition and integration of Tahoe.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Statement of Cash Flows&#58; Q2 2019 vs. Q2 2018 </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Cash flow from operations</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in Q2 2019 totaled $83.5 million, $16.6 million more than the $66.9 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">generated in Q2 2018. The increase was mainly driven by a $12.4 million increase in cash from working capital changes.  Increased cash from mine operating earnings and from the Acquired Mines were largely offset by cash spent on care and maintenance costs, transaction and integration costs, and increased interest payments related to the Company's long-term debt.    </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Working capital changes in Q2 2019 resulted in a $20.1 million source of cash compared with a $7.8 million source of cash in Q2 2018.  Inventory reductions drove the majority of the changes in both periods.  A $17.5 million pay-down of working capital liabilities in Q2 2019 partially offset the source of cash from the working capital asset increases. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">24</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Investing activities</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> utilized $69.3 million in Q2 2019, inclusive of $12.5 million for the net purchase of short-term investments. The balance related primarily to $64.7 million spent on mineral properties, plant and equipment at the Company&#8217;s mines and projects, as previously described in the &#8220;Operating Performance&#8221; section of this MD&#38;A.  Cash from the sale of certain non-core assets in Q2 2019 and Q2 2018 was comparable and totaled $9.1&#160;million and  $10.4&#160;million, respectively. In Q2 2018, investing activities utilized $39.9 million inclusive of $6.9 million used for the net purchase of short-term investments, with $35.9 million spent on mineral properties, plant and equipment at the Company&#8217;s mines and projects.  </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Financing activities</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in Q2 2019 used $12.3 million compared to $6.9 million in Q2 2018. Cash used in Q2 2019 mainly consisted of $7.3 million paid as dividends to shareholders and $4.9 million of lease repayments. In Q2 2018, cash used in financing activities consisted of $5.2 million in dividends to shareholders and $2.0&#160;million of lease repayments.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Adjusted Earnings&#58; Q2 2019 vs Q2 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Adjusted earnings is a non-GAAP measure. Please refer to the section of this MD&#38;A entitled &#8220;Alternative Performance (Non-GAAP) Measures&#8221; for a detailed description of &#8220;adjusted earnings&#8221;, and a reconciliation of these measures to the Q2 2019 Financial Statements.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Adjusted Income </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in Q2 2019 was $9.0 million, representing basic adjusted earnings per share of $0.04, which was $26.4 million, or $0.19 per share, lower than Q2 2018 adjusted earnings of $35.4 million, and basic adjusted earnings per share of $0.23, respectively. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following chart illustrates the key factors leading to the change in adjusted earnings from Q2 2018 to Q2 2019 </font></div><div style="text-align:center;margin-bottom:9pt;"><img alt="chart-14ec66b126dd434f.jpg" src="chart-14ec66b126dd434f.jpg" style="height:380px;width:613px;"></div><div id="i_0_55"></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">25</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Income Statement&#58; H1 2019 vs. H1 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Net earnings </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">of $52.3 million were recorded in H1 2019 compared to $84.9 million  in H1 2018, which corresponds to basic earnings per share of $0.27 and $0.55, respectively.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table highlights the difference between net earnings in H1 2019 compared with H1 2018&#58;</font></div><div style="text-align:justify;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:67.309838%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.534214%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.894273%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.534214%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.894273%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.433186%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Net earnings, six months ended June 30, 2018<br>(in thousands of USD)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Note&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased realized metal prices</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(42,425)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Higher quantities of metal sold</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">140,456&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased direct selling costs</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,485)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased negative settlement adjustments</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,624&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total increase in revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,170&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(1)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cost of sales&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased production costs and decreased royalty charges</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(114,028)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(2)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased depreciation and amortization</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(34,783)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(3)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total increase in cost of sales</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(148,811)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total decrease in mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(56,641)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased bargain purchase gain</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,492&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(4)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased investment income and other expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,337&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(5)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased dilution gain, net of share of loss from associate</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,352)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(6)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased income from discontinued operations</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,705&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(7)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased care and maintenance costs</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,289)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(8)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased interest and finance expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,136)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(9)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased income tax expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,797&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(10)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased transaction and integration costs</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,849)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(11)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased net gain on asset sales, commodity contracts and derivatives</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,609)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Decreased foreign exchange loss</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,444&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);"></font></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased general and administrative expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,982)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);"></font></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:6pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Increased exploration and project development expense</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,458)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Net earnings,&#160;six months ended June 30, 2019</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">1.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Revenue</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> for H1 2019 was $92.2 million higher than in H1 2018.  The major factor for the increase was an approximately $140.5 million contribution from larger quantities of metal sold, primarily from the 86%, or 79.5 thousand ounce increase in gold sales, reflecting production from the newly acquired Shahuindo and La Arena gold mines.  The quantity of silver ounces sold increased by 13% mainly from higher production and the timing of sales at La Colorada.  Increased quantities of zinc sold mainly reflect higher production at La Colorada and the timing of sales at San Vicente.  Increased lead sales volumes was driven by increased production at La Colorada, Morococha and Huaron. Copper sales decreased,  reflecting lower production at Morococha.   The overall higher quantities of metal sold was partially offset by lower realized metal prices, which decreased revenue by approximately $42.4 million, mainly from an 8% decrease in realized silver prices, and a 15% decrease in realized lead prices. </font></div><div style="padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">26</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table reflects the metal prices realized by the Company and the quantities of metal sold during each period&#58;</font></div><div style="padding-left:36pt;text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:92.690058%;"><tr><td style="width:1.0%;"></td><td style="width:53.993691%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.588644%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:9.356467%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:9.356467%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:8.252366%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.252366%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Realized Metal&#160;Prices</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months<br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Silver</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15.20&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16.59&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,594&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,494&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Gold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,309&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,317&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">172.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92.8&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Zinc</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,767&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,252&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Lead</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,958&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,419&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.4&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Copper</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,156&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,931&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.6&#160;</font></td></tr></table></div><div style="padding-left:36pt;text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">1) Metal price stated as dollars per ounce for silver and gold, and dollars per tonne for zinc, lead and copper, inclusive of final settlement adjustments on concentrate sales. </font></div><div style="text-indent:-13.5pt;padding-left:49.5pt;text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2) Metal quantities stated as koz for silver and gold and kt for zinc, lead and copper.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Production and royalty costs</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in H1 2019 were $115.0 million higher and $1.0 million lower, respectively, than in H1 2018.   The higher production costs were mainly due to&#58; (i) additional production costs from the newly acquired Shahuindo ($37.1 million) and La Arena ($40.7  million) mines&#59; (ii) increased production costs at Dolores, driven primarily by $15.0 million higher cost-increasing NRV inventory adjustments and increased gold sales volumes&#59; and (iii) increased production costs at La Colorada and San Vicente attributable to higher sales volumes.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">3.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">D&#38;A expense</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">was $34.8 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">higher than in H1 2018, largely as a result of additional depreciation expense from the newly acquired Shahuindo ($13.5 million) and La Arena ($8.3 million) mines, and increased depreciation at Dolores due to a higher asset base. </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">4.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;padding-left:9.5pt;">A</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;"> Bargain purchase gain </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">was recognized as part of the purchase price allocation of the Tahoe Acquisition as described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">5.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Investment income </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in H1 2019 was $14.8 million compared to $0.8 million in H1 2018, the increase reflects the fair value mark-to-market adjustment of certain of the Company's equity investments for which prices appreciated during 2019.  </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">6.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Share of income from associate and dilution gains</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> were $0.9 million in H1 2019 compared to $14.3 million in H1 2018, as a result of a M</font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">averix transaction in Q2 2018</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> that generated a </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">$13.4 million dilution gain. </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">  </font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">7.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Net income from assets held for sale </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">totaled $12.7 million in H1 2019 and reflects the net after-tax operating results of the Timmins mines, which are classified as assets held for sale and discontinued operations. </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">8.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Care and maintenance costs </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">totaled</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">$9.3 million in H1 2019 and related primarily to the Company's Escobal mine where operations are currently suspended.   </font></div><div style="text-indent:-18pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">9.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:9.5pt;">Interest and finance costs </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">of $12.7 million in H1 2019 increased by $9.1 million from H1 2018,  reflecting the interest expense relating to the increased debt drawn on the Company's Credit Facility.</font></div><div style="text-indent:-18pt;padding-left:36pt;text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:115%;">10.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:115%;padding-left:3.93pt;">Income tax expense </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">of $16.2 million in H1 2019 was $6.8 million lower than  in H1 2018.  The lower taxes were largely attributable to the decrease in net earnings before tax.</font></div><div style="text-indent:-18pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">11.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;padding-left:3.93pt;">Transaction and integration costs </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in H1 2019 of $4.8 million related to costs incurred as part of the acquisition and integration of Tahoe.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font><br></font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">27</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Statement of Cash Flows&#58; H1 2019 vs. H1  2018 </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Cash flow from operations</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in H1 2019 was $70.6 million, $30.7 million less than the $101.3 million generated in H1 2018. The decrease was mainly due to a $16.5&#160;million decrease in operating cash before working capital changes and a $14.2&#160;million increased use of cash from working capital changes.  The decreased operating cash flows before working capital changes reflects lower silver and base metal prices,  increased cash use for interest on long-term debt payments, care and maintenance costs, transaction and integration costs, and tax payments partially offset by increased cash flows from the Acquired mines.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Working capital changes in H1 2019 resulted in a $17.8&#160;million use of cash reflecting a $56.3&#160;million pay down of accounts payable and accrued liabilities partially offset by a $36.8&#160;million draw-down of inventories.  These working capital movements compared to the $3.5&#160;million use of cash in H1 2018 which was driven by the  settlement of liabilities,  partially offset by accounts receivable collections.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Investing activities</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> utilized $303.1 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in H1 2019, inclusive of $41.6 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">for the net sale of short-term investments.  The investing cash outflow reflects the $247.5 million investment (net of cash acquired) related to the  Acquisition as described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A, and $105.6 million spent on mineral properties, plant and equipment at the Company&#8217;s mines and projects. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In H1 2018, investing activities utilized $72.8 million, primarily related to $68.5 million spent on mineral properties, plant and equipment at the Company&#8217;s mines and projects, as previously described in the &#8220;Operating Performance&#8221; section of this MD&#38;A, and  $7.5&#160;million spent on the acquisition of the COSE project. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Cash from the sale of certain non-core assets in H1 2019 and H1 2018 totaled $9.1&#160;million and $15.5&#160;million, respectively.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Financing activities</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> in H1 2019 generated a net $186.4 million compared to a $17.0 million net use of cash in H1 2018. Financing activities in H1 2019 were primarily related to financing the Tahoe Acquisition. The net cash generated consisted of $335.0&#160;million drawn on the Company's Credit Facility, described in the &#34;Liquidity and Capital&#34; section of this MD&#38;A, and $125.0&#160;million used to settle Tahoe's previously drawn credit facility. In addition to these acquisition related financing activities, $14.7 million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> was </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">paid as dividends to shareholders and $8.9 million of lease repayments were made in H1 2019. Financing activities in H1 2018 consisted of $10.6 million paid as dividends to shareholders, $3.5 million of lease repayments, and $3.0 million used to repay short-term loans.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Adjusted Earnings&#58; H1 2019 vs H1 2018</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Adjusted earnings is a non-GAAP measure. Please refer to the section of this MD&#38;A entitled &#8220;Alternative Performance (Non-GAAP) Measures&#8221; for a detailed description of &#8220;adjusted earnings&#8221;, and a reconciliation of these measures to the Q2 2019 Financial Statements.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:700;line-height:120%;">Adjusted Earnings </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">in H1 2019 were $17.7 million, representing basic adjusted earnings per share of $0.09, which was $48.4 million, or $0.34 per share, lower than H1 2018 adjusted earnings of $66.1 million, and basic adjusted earnings per share of $0.43. </font></div><div style="text-align:justify;margin-bottom:9pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">28</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following chart illustrates the key factors leading to the change in adjusted earnings from H1 2018 to H1 2019&#58;</font></div><div style="text-align:center;margin-bottom:9pt;"><img alt="chart-2f435b4706b34259.jpg" src="chart-2f435b4706b34259.jpg" style="height:380px;width:613px;"></div><div id="i_0_16"></div><div style="text-align:center;margin-top:6pt;"><font><br></font></div><div style="text-align:center;margin-top:6pt;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">ACQUISITION OF TAHOE</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company completed the Acquisition on February 22, 2019 (the &#34;Closing Date&#34;).</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In aggregate, Pan American paid Tahoe shareholders $275.0 million&#160;in cash, issued 55,990,512 Pan American shares, and issued contingent consideration in the form of 313,887,490 contingent value rights (CVRs).&#160;Each CVR will be exchanged for 0.0497 of a Pan American share upon first commercial shipment of concentrate following restart of operations at the Escobal mine. The CVRs are transferable and have a term of 10 years. Upon closing of the Arrangement, existing Pan American and former Tahoe shareholders owned approximately 73% and 27% of Pan American, respectively. Upon satisfaction of the payment conditions under the terms of the CVRs, Pan American and Tahoe shareholders will own approximately 68% and 32%, respectively, of the combined company (based upon the number of Pan American shares outstanding as at the Closing Date).</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Revolving credit facility increase and draw-down</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company amended and extended its Credit Facility. The Credit Facility was increased by&#160;$200.0 million&#160;to&#160;$500.0 million in Q1 2019, and now matures on&#160;February 1, 2023. At Pan American's option, amounts can be drawn under the Credit Facility and will incur interest based on the Company's leverage ratio at either (i) LIBOR plus 1.875% to 2.750% or&#59; (ii) The Bank of&#160;Nova Scotia's&#160;Base Rate on U.S. dollar denominated commercial loans plus 0.875% to 1.750%. Undrawn amounts under the Credit Facility are subject to a stand-by fee of 0.4219% to 0.6188% per annum, dependent on the Company's leverage ratio.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In conjunction with the Acquisition, the Company drew down&#160;$335.0 million on the Credit Facility in Q1 2019 under LIBOR-based interest rates to fund, in part, the cash purchase price under the Arrangement and to repay Tahoe's revolving facility, under which&#160;$125.0 million&#160;was outstanding at the date of acquisition.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">29</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Consolidation of Tahoe   </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As described in Note 4 of the Q2 2019 Financial Statements, the Company determined that the Acquisition represents a business combination with Pan American identified as the acquirer.  Based on the February 21, 2019, closing share price of Pan American's common shares on the NASDAQ, the total consideration of the acquisition was approximately $1.14 billion.  We commenced the consolidation of the operating results, cash flows and net assets of Tahoe from February 22, 2019 onwards. As such, all production, operating and financial results of the Acquired Mines (including Cash Costs and AISC amounts) reported in this MD&#38;A and included in the Company's consolidated results reflect only the results from February 22, 2019 onwards.   </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the consideration paid as part of the purchase price&#58;</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:72.231332%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.152269%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.152269%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Consideration&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shares Issued&#47;Issuable</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consideration</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Fair value estimate of the Pan American share consideration </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,990,512&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">795,626&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Fair value estimate of the CVRs </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,600,208&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">71,916&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Cash</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">275,008&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Fair value estimate of replacement options</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;"> (3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">835,874&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">124&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Consideration</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">72,426,594&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,142,674&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">The Pan American share consideration value is based on an assumed value of $14.21 per Pan American common share (based on the NASDAQ closing price on February 21, 2019).  </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Assumed fair value of the CVRs is based on the residual amount of the value of the Tahoe shares acquired (based on the NYSE closing price closing of $3.64 on February 21, 2019)&#160;after deducting the cash consideration of $275 million and the fair value of the Company's common share consideration paid (based on the February 21, 2019 NASDAQ closing price of $14.21).</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Assumed fair value of 3.5 million Tahoe options that upon the Acquisition vested and converted into 835.8 thousand Pan American stock options (the &#34;Replacement options&#34;).  The fair value of the Replacement options was determined using the Black-Scholes option pricing model, as at the Acquisition Closing Date, the assumptions of which are described in the Company's Q2 2019 Financial Statements.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the allocation of the purchase price to the identifiable assets and liabilities based on their estimated fair values at the Closing Date of the Acquisition&#58;</font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:85.115666%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:10.152269%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Allocation of consideration&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consideration</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27,529&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accounts receivable</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,854&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">VAT Receivable</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">87,268&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Inventory</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">152,534&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other current assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,135&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mineral properties, plant and equipment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,298,037&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Other assets</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,450&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Accounts payable and accrued liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(159,675)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Provision for closure and decommissioning liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(70,119)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Debt</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(125,000)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net current and deferred income tax liabilities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(62,847)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Bargain purchase gain</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(30,492)</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,142,674&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As at June&#160;30, 2019, the allocation of the purchase price had not been finalized. The Company is currently in the process of determining the fair values of identifiable assets acquired and liabilities assumed and measuring the associated deferred income tax assets and liabilities, and will finalize the allocation of the purchase price no later than February 21, 2020.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Held for Sale Assets</font></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Concurrent with the Acquisition, the Company formally initiated an active program to locate a buyer of  Lake Shore Gold Inc. (&#34;Lake Shore&#34;), a subsidiary acquired by the Company as part of the Acquisition. Lake Shore's principal assets are the Timmins mines. Based on Management's assessment of the Company's sales process it was determined that Lake Shore meets the criteria, under IFRS 5 - Non-current assets held for sale and discontinued operations, to be classified as held for sale upon Acquisition. As such, upon the Acquisition, and as at June 30, 2019, the assets and liabilities of Lake Shore were classified as assets and liabilities held for sale and are presented </font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">30</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">separately under current assets and current liabilities, respectively, and the post-tax profit or loss from the Lake Shore operations has been presented as a single and separate item on the Company's consolidated income statement.</font></div><div id="i_0_58"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:12pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">LIQUIDITY AND CAPITAL POSITION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:30.017544%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.596491%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.596491%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.596491%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.596491%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.596491%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Liquidity and Capital Measures (in $000s)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30, 2019</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">March 31, 2019</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dec. 31, 2018</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Q2 2019<br>Change</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">H1 2019<br>Change</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and cash equivalents (&#34;Cash&#34;)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">92,221&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90,548&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,510&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,673&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(46,289)</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Short-term Investments</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,594&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,011&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,004&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,583&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(27,410)</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash and Short-term investments</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">138,815&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">121,559&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">212,514&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,256&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(73,699)</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Working Capital</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">793,090&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">771,709&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">397,846&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,381&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">395,244&#160;</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Credit Facility committed amount</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">500,000&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">500,000&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">300,000&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">200,000&#160;</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Credit Facility amounts drawn</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335,000&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335,000&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335,000&#160;</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shareholders' equity</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,418,929&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,407,433&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,513,349&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,496&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">905,580&#160;</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total debt </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">378,758&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">363,101&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,676&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,657&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">372,082&#160;</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Capital </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,658,872&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,648,975&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,307,511&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,897&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,351,361&#160;</font></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Total debt is a non-GAAP measure calculated as the total of amounts drawn on the Revolving Credit Facility, finance lease liabilities and loans payable. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed description of the calculations</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman';font-size:8pt;font-weight:400;line-height:120%;">.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Capital is a non-GAAP measure and consists of shareholders&#8217; equity and debt net of cash and cash equivalents and short term investments. Please refer to the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of this MD&#38;A for a detailed description of the calculations</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman';font-size:8pt;font-weight:400;line-height:120%;">.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Liquidity and Capital Resources</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company's cash and short term investments increased by $17.3</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">million</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">during Q2 2019. Operating cash flows of $83.5 million, which included $18.0 million in tax payments and a $20.1 million source of cash from working capital changes, more than funded the Company's investing and financing activities in the quarter. The working capital changes, primarily reflect a reduction in inventories built up at the Company's newly acquired Gold Segment mines during Q1 2019 and a reduction in accounts receivables from concentrate sales, partially offset by a decrease in accounts payables at the newly Acquired Mines as working capital is normalized at these operations.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American&#8217;s investment objectives for its cash balances are to preserve capital, to provide liquidity and to maximize returns. The Company&#8217;s strategy to achieve these objectives is to invest excess cash balances in a portfolio of primarily fixed income instruments with specified credit rating targets established by the Board of Directors of the Company (the &#34;Board of Directors&#34;), and by diversifying the currencies in which it maintains its cash balances. The Company does not own any asset-backed commercial paper or other similar, known, at-risk investments in its investment portfolio.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Working capital of $793.1 million at June&#160;30, 2019 was an increase of $21.4 million from March 31, 2019 working capital of $771.7 million. Working capital at June 30, 2019 includes $375.8 million of the Timmins net assets, currently classified as held for sale as described in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A (March 31, 2019&#58; $376.4 million). The working capital increase was the result of the previously discussed increase in cash and short-term investments and reduction in accounts payables, as well as an increase in income tax receivables, partially offset by the aforementioned reductions in inventories and trade receivables. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company's four-year $500.0 million secured revolving credit facility that matures on&#160;February 1, 2023, remains drawn for a total of $335.0 million as of June 30, 2019. Liquidity of $165.0 million remains available to the Company under the Credit Facility. As of June 30, 2019, the Company was in compliance with all covenants required by the Credit Facility.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s financial position at June&#160;30, 2019, and the operating cash flows that are expected over the next twelve months, lead Management to believe that the Company&#8217;s liquid assets are sufficient to satisfy our 2019 working capital requirements, fund currently planned capital expenditures, and to discharge liabilities as they come due. The Company remains well positioned to take advantage of strategic opportunities as they become available. Liquidity risks are discussed further in the &#8220;Risks and Uncertainties&#8221; section of this MD&#38;A.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">31</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In the normal course of business, the Company enters into contracts that give rise to commitments for future minimum payments, details of which are described in Note 8(e)(ii) of the 2018 Financial Statements, and in the Liquidity and Capital Position section of the Company's annual 2018 Management Discussion and Analysis (the &#34;2018 Annual MD&#38;A&#34;). Since December 31, 2018, there have been no significant changes to these contractual obligations and commitments other than the new liabilities and provisions assumed as part of the Tahoe acquisition as described in the purchase price allocation table included in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The impact of inflation on the Company&#8217;s financial position, operational performance, or cash flows over the next twelve months cannot be determined with any degree of certainty.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Outstanding Share Amounts</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As at June 30, 2019, the Company had approximately 1.4 million stock options outstanding (each exercisable for one common share of the Company), with exercise prices in the range of CAD $9.76 to CAD $97.26 and a weighted average life of 27 months. Approximately 1.2 million of the stock options were vested and exercisable at June 30, 2019, with an average weighted exercise price of CAD $33.81 per share.</font></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table sets out the common shares and options outstanding as at the date of this MD&#38;A&#58;</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:81.431085%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:14.568915%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Outstanding as at<br>August 7, 2019</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Common shares</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#d9e0ea;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,481,845&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Options</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,350,902&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:top;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">210,832,747&#160;</font></td></tr></table></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div id="i_0_61"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">CLOSURE AND DECOMMISSIONING COST PROVISION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The estimated future closure and decommissioning costs are based principally on the requirements of relevant authorities and the Company&#8217;s environmental policies. The provision is measured using Management&#8217;s assumptions and estimates for future cash outflows. The Company accrues these costs, which are determined by discounting costs using rates specific to the underlying obligation. Upon recognition of a liability for the closure and decommissioning costs, the Company capitalizes these costs to the related mine and amortizes such amounts over the life of each mine on a unit-of-production basis except in the case of exploration projects for which the offset to the liability is expensed. The accretion of the discount due to the passage of time is recognized as an increase in the liability and a finance expense.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The total inflated and undiscounted amount of estimated cash flows required to settle the Company&#8217;s estimated future closure and decommissioning costs as of June 30, 2019 was $268.9 million (December 31, 2018 - $159.1 million) using inflation rates of between 2% and 24% (December 31, 2018 - between 2% and 17%). The inflated and discounted provision on the statement of financial position as at June 30, 2019, using discount rates between 1% and 28% (December&#160;31, 2018 - between 2% and 22%), was $154.1 million, including provisions related to discontinued operations of $11.2 million (December&#160;31, 2018 - $70.6 million). Spending with respect to decommissioning obligations at Alamo Dorado and Manantial Espejo began in 2016, while the remainder of the obligations are expected to be paid through 2046, or later if the mine lives are extended. Revisions made to the reclamation obligations in Q2 2019 were primarily a result of increased site disturbance from the ordinary course of operations at the mines, reclamation activities at Alamo Dorado, and revisions to the estimates based on periodic reviews of closure plans and related costs, actual expenditures incurred, and closure activities completed. These obligations will be funded from operating cash flows, reclamation deposits, and cash on hand.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The accreti</font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">on of the discount charged in Q2 2019 and H1 </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">2019 as finance expense was $2.6 million and $4.6 million  (Q2 2018 and H1 2018&#58; $1.6 million and $3.3 million). Reclamation expenditures incurred during Q2 2019 and H1 2019 were $0.6 million and $1.5 million, respectively </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(Q2 2018 and H1 2018&#58; $1.7 million and $4.5 million).</font></div><div id="i_0_64"></div><div style="text-align:center;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">32</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">RELATED PARTY TRANSACTIONS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s related parties include its subsidiaries, associates over which it exercises significant influence, and key management personnel. During its normal course of operation, the Company enters into transactions with its related parties for goods and services. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Related party transactions with Maverix Metals Inc. have been disclosed in Note 10 of the Q2 2019 Financial Statements. These transactions are in the normal course of operations and are measured at the exchange amount, which is the amount of consideration established and agreed to by the parties.</font></div><div id="i_0_67"></div><div style="text-align:center;margin-bottom:9pt;"><font><br></font></div><div style="text-align:center;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">33</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">ALTERNATIVE PERFORMANCE (NON-GAAP) MEASURES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:center;"><font><br></font></div><div id="i_0_70"></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Per Ounce Measures </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Cash Costs and AISC are non-GAAP financial measures that do not have any standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American produces by-product metals incidentally to our silver and gold mining activities. We have adopted the practice of calculating a performance measure with the net cost of producing an ounce of silver and gold, our primary payable metals, after deducting revenues gained from incidental by-product production. This performance measurement has been commonly used in the mining industry for many years and was developed as a relatively simple way of comparing the net production costs of the primary metal for a specific period against the prevailing market price of that metal.&#160;</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Silver segment Cash Costs and AISC are calculated net of credits for realized revenues from all metals other than silver (&#34;silver segment by-product credits&#34;), and are calculated per ounce of silver sold. Gold segment Cash Costs and AISC are calculated net of credits for realized silver revenues (&#34;gold segment by-product credits&#34;), and are calculated per ounce of gold sold.   Consolidated Cash Costs and AISC are based on total silver ounces sold and are net of by-product credits from all metals other than silver (&#34;silver basis consolidated by-product credits&#34;). </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Prior period cash costs per ounce reported in previous MD&#38;As were based on cash costs per ounce of payable silver produced and were net of by-product credits calculated with average market prices applied to all metals produced other than silver.  Given the increased complexity of the business with the addition of the new gold operations, the Company determined that conforming the calculation of Cash Costs with a consistent method to that used for AISC, using realized by-product sales as by-product credits and based on per ounce of silver sold, would provide a more consistent per-ounce measure.  As such the comparative Cash Costs amounts in this MD&#38;A have been quantified using the current methodology and are different from those previously reported.  As shown in the detailed quantification of consolidated AISC below, corporate general and administrative expense, and exploration and project development expenses are included in calculation of consolidated (silver basis) AISC, but are not allocated amongst the operations and thus are not included in either the silver or gold segment AISC totals. In prior years these costs were similarly included only in the consolidated all-in-sustaining costs per silver ounce sold (&#34;AISCSOS&#34;) metrics and not allocated to each mine's AISCSOS amount.  As such, consolidated AISCSOS in previous years included such costs where total silver segment AISC in the current period do not. A detailed description of how previously reported Cash Costs were quantified is provided in the Company's prior period MD&#38;As.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Cash costs per ounce metrics, net of by-product credits, is used extensively in our internal decision making processes. We believe the metric is also useful to investors because it facilitates comparison, on a mine-by-mine basis, notwithstanding the unique mix of incidental by-product production at each mine, of our operations&#8217; relative performance on a period-by-period basis, and against the operations of our peers in the silver industry. Cash costs per ounce is conceptually understood and widely reported in the mining industry. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">We believe that AISC, also calculated net of by-products, is a comprehensive measure of the full cost of operating our consolidated business, given it includes the cost of replacing silver and gold  ounces through exploration, the cost of ongoing capital investments (sustaining capital), general and administrative expenses, as well as other items that affect the Company&#8217;s consolidated cash flow. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">To facilitate a better understanding of these measure as calculated by the Company, the following table provides the detailed reconciliation of these measure to the applicable cost items, as reported in the consolidated financial statements for the respective periods.  All operating results from the Acquired Mines, only include results from February 22, 2019 to June 30, 2019 and the year-to-date amounts do not represent a full six months of operations. </font></div><div id="i_0_73"></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">34</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:24.839827%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.557576%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Three months ended</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">June 30, 2019</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Three months ended</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">June 30, 2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Gold Segment</font></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Corporate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Consolidated</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">(silver basis)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Corporate</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Consolidated </font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(silver basis)</font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">131,215&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100,116&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">231,331&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116,413&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116,413&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Purchase Price Allocation Inventory Fair Value Adjustment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(20,229)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(20,229)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,254&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,254&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,034&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,034&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">133,469&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">79,887&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">213,356&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123,447&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123,447&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,191&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,487&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,678&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,570&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,570&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Smelting, refining and direct selling charges</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,776&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">315&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,091&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,214&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,214&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash cost of sales before by-product credits</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;"> </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">156,436&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">81,689&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">238,125&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">142,231&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">142,231&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Silver segment by-product credits</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(113,249)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(131,587)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Gold segment by-product credits</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(483)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total Silver basis consolidated by-product credits</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(265,424)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(131,587)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,187&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">81,206&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(27,299)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,644&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,644&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,254)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,254)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,034)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,034)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Sustaining capital</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,532&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,379&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,911&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,000&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,000&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,008&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,359&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">958&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,325&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">823&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,054&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,877&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,651&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">788&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">121&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,560&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,466&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">157&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,623&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">General and administrative expense&#160;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,571&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,571&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,566&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,566&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,124&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,732&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,650&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,814&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,899&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,777&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,676&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment silver ounces sold</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,476&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,795&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold segment gold ounces sold</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total silver ounces sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,509&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,795&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash costs per ounce sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(5)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.67&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">700&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.19)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.67&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">980&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.12&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.33&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.02&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">980&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.46&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.55&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.72&#160;</font></td></tr></table></div><div style="margin-top:3pt;"><font><br></font></div><div style="margin-top:3pt;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.567100%;"><tr><td style="width:1.0%;"></td><td style="width:47.673913%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:43.978261%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:2.347826%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">35</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:24.839827%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.557576%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:7.956710%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Six months ended</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">June 30, 2019</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(6)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="15" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Six months ended</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">June 30, 2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Gold Segment </font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(6)</sup></div></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Corporate</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Consolidated</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">(silver basis)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Corporate</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Consolidated </font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">(silver basis)</font></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">266,062&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">141,013&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">407,075&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">228,862&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">228,862&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Purchase Price Allocation Inventory Fair Value Adjustment</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(28,930)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(28,930)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,881)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,881)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,365&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,365&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">260,181&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">112,083&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">372,264&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">241,227&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">241,227&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,453&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,890&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,343&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,420&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,420&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Smelting, refining and direct selling charges</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,230&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">325&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,555&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,070&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,070&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash cost of sales before by-product credits</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;"> </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">305,864&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114,298&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">420,162&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">279,717&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">279,717&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Silver segment by-product credits</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(229,426)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(260,680)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Gold segment by-product credits</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(483)</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total Silver basis consolidated by-product credits</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(436,497)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(260,680)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">76,438&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,815&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(16,335)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,037&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,037&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,881&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,881&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,365)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,365)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Sustaining capital</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,675&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">42,978&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90,653&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,902&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,902&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,771&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,755&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,649&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,175&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,947&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,674&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,621&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,303&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,085&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">214&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,602&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,951&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,262&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">General and administrative expense&#160;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,506&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,506&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,524&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,524&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">135,068&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">159,633&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,369&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">103,482&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,472&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,509&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,981&#160;</font></td></tr><tr><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:5pt;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment silver ounces sold</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,568&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,494&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold segment gold ounces sold</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">159&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Total silver ounces sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,601&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,494&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash costs per ounce sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(5)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.08&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">718&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1.30)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.66&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.66&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.75&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,007&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.21&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.26&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.52&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.28&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,007&#160;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.75&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.34&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.60&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">2018 AISC per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, and the inclusion of lease payments. Previously leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Consolidated silver basis calculated by treating all revenues from metals other than silver, including gold, as a by-product credit in Cash Costs. Total silver basis consolidated by-product credits include all silver segment by-product credits, as well as gold revenues from the Gold Segment mines as by-products. Total silver ounces sold likewise includes silver ounces sold from Gold Segment operations.  </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Included in the revenue line of the consolidated income statements.  By-product credits are reflective of realized metal prices for the applicable periods.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Totals may not add due to rounding.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(5)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash costs per ounce sold are calculated based on Cash Costs, net of by-product credits divided by per ounce of silver sold and are therefore different than previously reported 2018 &#34;Cash Costs&#34; which were calculated based on cash costs net of by-product credits divided by payable silver ounces produced.  The 2018 cash costs per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the company to calculate the 2019 Cash Cost per ounce sold. </font></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(6)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">All operating results from the Acquired Mines, described in detail in the &#34;Acquisition of Tahoe&#34; section of this MD&#38;A, are only from the Closing Date to June 30, 2019, and do not represent a full six months  of operations. </font></div><div style="padding-left:18pt;text-align:justify;"><font><br></font></div><div style="text-align:justify;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.567100%;"><tr><td style="width:1.0%;"></td><td style="width:47.673913%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:43.978261%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:2.347826%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">36</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Sustaining capital is included in AISC, while capital related to growth projects or acquisitions (referred to by the Company as project or investment capital) is not. Inclusion of only sustaining capital in the AISC measure reflects the capital costs associated with current ounces sold as opposed to project capital, which is expected to increase future production. The project capital excluded in the reconciliation below is further described in the &#34;Project Development Update&#34; section of this MD&#38;A.</font></div><div style="text-align:justify;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:64.666667%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:5.792208%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:5.792208%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:5.792208%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.341126%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:5.792208%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Reconciliation of payments for mineral properties,<br>plant and equipment and sustaining capital</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(in thousands of USD)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Payments for mineral properties, plant and equipment</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">64,719&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,926&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">105,597&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">68,491&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Add&#47;(Subtract)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">Lease Payments</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,880&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,977&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,870&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,517&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Investment (non-sustaining) capital</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,688)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,903)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(23,814)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(23,106)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Sustaining Capital</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,911&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,000&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90,653&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,902&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">As presented on the consolidated statements of cash flows.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Totals may not add due to rounding</font></div><div style="text-align:justify;margin-bottom:9pt;"><font><br></font></div><div id="i_0_76"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.567100%;"><tr><td style="width:1.0%;"></td><td style="width:47.673913%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:43.978261%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:2.347826%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">37</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Silver Segment Cash Costs and AISC by mine&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:27.472141%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.703812%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">SILVER SEGMENT</font></td><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">San<br>Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Manantial<br>Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consolidated<br>Silver Segment</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,614&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,180&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,661&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,916&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,178&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,666&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">131,215&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,417)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,671&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,254&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,614&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,763&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,661&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,916&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,178&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,337&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">133,469&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">161&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,835&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,855&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">340&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,191&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Smelting, refining &#38; direct selling costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,734&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,748&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,017&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,620&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,633&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,776&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs before by-product credits</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,509&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,622&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,409&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,933&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,653&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,310&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">156,436&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment by-product credits</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(17,975)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(37,495)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(23,046)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(18,847)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,929)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8,957)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(113,249)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,534&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,127&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,363&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,086&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,724&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,353&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,187&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,417&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,671)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,254)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,631&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,965&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,144&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,715&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">414&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">664&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,532&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">662&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">301&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,008&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">144&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">560&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">180&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">109&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">78&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">580&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,651&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,971&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,370&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,687&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,920&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,216&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,961&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">69,124&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment silver ounces sold (koz)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,965&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,183&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">829&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">565&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,152&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">782&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,476&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash cost per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.82&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.87&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.64&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.69&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.18&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.35&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.67&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.07&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22.30&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.45&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.47&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.01&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.67&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.07&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20.26&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.45&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.47&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19.98&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.02&#160;</font></td></tr></table></div><div style="margin-top:3pt;"><font><br></font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:27.472141%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.703812%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">SILVER SEGMENT</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three Months Ended June 30, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">San<br>Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Manantial<br>Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consolidated<br>Silver Segment</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,212&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,920&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,308&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,520&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,442&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,013&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116,413&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,856&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,179&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,034&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,212&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,776&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,308&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,520&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,442&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,192&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">123,447&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">158&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,367&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,240&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">804&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,570&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Smelting, refining &#38; direct selling costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,960&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,770&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,133&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,337&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,214&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs before by-product credits</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,330&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,170&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,078&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,653&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15,019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,984&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">142,231&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment by-product credits</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(15,652)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(50,843)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(19,550)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(24,425)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,472)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(15,645)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(131,587)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,678&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,673)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,528&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,772)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,547&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,339&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,644&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,856)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,179)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,034)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,309&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,245&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,359&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,853&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,140&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,094&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,000&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">288&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">282&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">179&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">823&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">351&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">143&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">87&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">63&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">708&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,466&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,146&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,355&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,312&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">347&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,750&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,991&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,899&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment silver ounces sold (koz)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,486&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,145&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">674&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">609&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">893&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">987&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,795&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash cost per ounce sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.13&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.70)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.27&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.19)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.69&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.46&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.46&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.18&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.88&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.57&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.16&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.08&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.33&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.46&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.68&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.88&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.57&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.16&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.31&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.55&#160;</font></td></tr></table></div><div style="margin-top:3pt;"><font><br></font></div><div style="margin-bottom:6pt;"><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">38</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:27.472141%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.703812%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">SILVER SEGMENT</font></td><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">San<br>Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Manantial<br>Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consolidated<br>Silver Segment</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,105&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">99,868&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,490&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,460&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,593&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,546&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">266,062&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,872)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,992&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,881)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,105&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">87,996&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,490&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,460&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,593&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,538&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">260,181&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">240&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,825&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,784&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">604&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,453&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Smelting, refining &#38; direct selling costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,543&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,093&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,544&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,644&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,358&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,230&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs before by-product credits </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46,888&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">91,869&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,583&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,004&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,021&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,500&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">305,864&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment by-product credits</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(36,925)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(80,365)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(42,634)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(41,615)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(13,811)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,077)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(229,426)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,963&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,504&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,949&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,389&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,210&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,423&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">76,438&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,872&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,992)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,881&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,843&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,032&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,362&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,649&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,404&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,385&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,675&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">768&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">593&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">220&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,771&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">288&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,120&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">361&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">218&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">156&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,160&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,303&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,862&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,121&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10,680&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,438&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,770&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22,196&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">135,068&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment silver ounces sold (koz)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,012&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,194&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,648&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,257&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,273&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,184&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,568&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash cost per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.48&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.00&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.11&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.21&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.47&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.08&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.20&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24.21&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.48&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.92&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.90&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.74&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.75&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.20&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.80&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.48&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.92&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.90&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23.80&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.28&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Totals may not add due to rounding.</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:27.472141%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.970674%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.703812%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">SILVER SEGMENT</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="21" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended June 30, 2018</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">San<br>Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Manantial<br>Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consolidated<br>Silver Segment</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,048&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">74,943&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,976&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,016&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,425&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,455&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">228,862&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,174&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,191&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,365&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,048&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">78,117&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,976&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">34,016&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,425&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,646&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">241,227&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">335&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,452&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,182&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,450&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12,420&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Smelting, refining &#38; direct selling costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,318&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">65&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,728&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,515&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,483&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(40)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">26,070&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs before by-product credits </font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,701&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">82,634&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,704&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41,531&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">27,090&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,056&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">279,716&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment by-product credits</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(34,188)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(92,963)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(45,010)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(52,237)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,123)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(26,159)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(260,680)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,513&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,329)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">694&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(10,706)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16,967&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,897&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">19,036&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,174)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,191)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,365)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,195&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25,616&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,973&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5,884&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,606&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,627&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">48,902&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">94&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">969&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">639&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">301&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(55)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,947&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">228&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">702&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">304&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">173&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">126&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,416&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,951&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8,030&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,784&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,610&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,348)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20,699&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14,694&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,471&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver segment silver ounces sold (koz)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,030&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,385&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,452&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,290&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,676&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,661&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11,494&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash cost per ounce sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(2)</sup></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.50&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.33)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.48&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(8.30)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.12&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.58&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.66&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.65&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.78&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3.37)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.35&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.84&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.26&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.65&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.11&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.24&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3.37)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.35&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.38&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.34&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;margin-top:3pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">2018 AISC per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, and sustaining capital now includes lease payments. Previously leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="text-indent:-18pt;padding-left:18pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:9.11pt;">Cash costs per ounce sold are calculated based on Cash Costs, net of by-product credits divided by per ounce of silver sold and  are therefore different from previously reported 2018 &#34;Cash Costs&#34; which were calculated based on cash costs net of by-product credits divided by payable silver ounces produced.  The  2018 cash costs per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the company to calculate the 2019 cash cost per ounce sold.</font></div><div id="i_0_79"></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">39</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Gold Segment Cash Costs and AISC by mine&#58;</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:44.198830%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">GOLD SEGMENT</font></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,564&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,225&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47,327&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">100,116&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Purchase Price Allocation Inventory Fair Value Adjustment</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(5,429)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,964)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,837)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(20,229)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,135&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,261&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,490&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">79,886&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,487&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,487&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Smelting, refining &#38; direct selling costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">134&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">152&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">315&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs before by-product credits</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24,269&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,413&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39,006&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">81,688&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold segment by-product credits</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(289)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(90)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(103)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(483)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Costs of Sales</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23,980&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,323&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">38,903&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">81,206&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,835&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21,470&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,074&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">30,379&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">489&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">289&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">581&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,359&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">286&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">441&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">61&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">788&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,590&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,523&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">41,619&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,732&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold segment gold ounces sold</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43,946&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28,124&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">44,000&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">116,070&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash cost per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">546&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">884&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">700&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">719&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,441&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">946&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">980&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">719&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,441&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">946&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">980&#160;</font></td></tr></table></div><div style="text-indent:-13.5pt;padding-left:13.5pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:4.61pt;">The Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in the &#34;Acquisition of Tahoe section of this MD&#38;A. </font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:44.198830%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.450292%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">GOLD SEGMENT</font></td><td colspan="12" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended June 30, 2019</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:5.85pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Total</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Production Costs</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,127&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">40,668&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">63,218&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">141,013&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Purchase Price Allocation Inventory Fair Value Adjustment</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,691)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(11,402)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(9,837)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(28,930)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">On-site direct operating costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,436&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,266&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53,381&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">112,083&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Royalties</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,890&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,890&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Smelting, refining &#38; direct selling costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">134&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">152&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">325&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">Cash Costs before by-product credits</font></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,570&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,418&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,310&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114,298&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold segment by-product credits</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(289)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(90)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(103)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(483)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash Costs of Sales</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,281&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">29,328&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">55,207&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">113,816&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">NRV inventory adjustments</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7,065&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31,926&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,987&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">42,978&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Exploration and project development</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">489&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">289&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">977&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,755&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Reclamation cost accretion</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">403&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">621&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">61&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,085&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:700;line-height:100%;">All-in sustaining costs</font></div></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">37,238&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">62,164&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,232&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">159,634&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold segment gold ounces sold</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,546&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45,258&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">60,700&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">158,504&#160;</font></td></tr><tr><td colspan="3" style="height:3pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td><td colspan="3" style="height:3pt;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash cost per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">557&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">648&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">910&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">718&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">709&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,374&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">992&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,007&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">AISC per ounce sold (excluding NRV inventory adjustments)</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">709&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,374&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">992&#160;</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,007&#160;</font></td></tr></table></div><div style="text-indent:-13.5pt;padding-left:13.5pt;margin-top:3pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:120%;padding-left:4.61pt;">The Timmins mines are classified as assets-held-for sale in the Company's Q2 2019 Financial Statements, as described in the &#34;Acquisition of Tahoe section of this MD&#38;A. </font></div><div id="i_0_82"></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">40</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Adjusted Earnings and Basic Adjusted Earnings Per Share</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Adjusted earnings and basic adjusted earnings per share are non-GAAP measures that the Company considers to better reflect normalized earnings because it eliminates items that in Management's judgment are subject to volatility as a result of factors which are unrelated to operations in the period, and&#47;or relate to items that will settle in future periods. Certain items that become applicable in a period may be adjusted for, with the Company retroactively presenting comparable periods with an adjustment for such items and conversely, items no longer applicable may be removed from the calculation. The Company adjusts certain items in the periods that they occurred, but does not reverse or otherwise unwind the effect of such items in future periods. Neither adjusted earnings nor basic adjusted earnings per share have any standardized meaning prescribed by GAAP and are therefore unlikely to be comparable to similar measures presented by other companies.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table shows a reconciliation of adjusted earnings for the three and six months ended June 30, 2019 and 2018, to the net earnings for each period.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:53.116959%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.672515%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:8.672515%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:8.672515%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.530994%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:8.672515%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Six months ended<br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(In thousands of USD, except as noted)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings for the period</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,499&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">36,696&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">52,311&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">84,852&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjust for&#58;</font></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Derivative losses</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,785&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,788&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">780&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Write-down of project development costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,882&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,882&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Unrealized foreign exchange (gains) losses</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(931)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,170&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,564&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,147&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Net realizable value adjustments to heap inventory</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,446&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,754)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18,845&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(661)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Unrealized&#160;gains on commodity contracts</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(441)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,957)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(782)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,957)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Income from associate, net of dilution gain</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(309)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,113)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(920)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,272)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Reversal of previously accrued tax liabilities</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,188)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);"></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(1,188)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Gains (losses) on sale of assets</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,447)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">182&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3,487)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,804)</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Bargain purchase gain</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(30,492)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Transaction and integration costs</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,446&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4,849&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;&#160;- Income from discontinued operations</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(14,634)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(12,705)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjust for effect of taxes relating to the above</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4,008)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,026)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(7,306)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(351)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjust for effect of foreign exchange on taxes</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(2,251)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13,629&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6,031)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,583&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjusted earnings for the period</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9,037&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35,427&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17,742&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">66,129&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted average shares for the period</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209,461&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,295&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">193,055&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153,303&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Adjusted earnings per share for the period</font></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.04&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.23&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#e0e8f2;text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.09&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$</font></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-right:1pt;"><font style="font-size:9pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.43&#160;</font></td></tr></table></div><div style="text-align:justify;"><font><br></font></div><div id="i_0_85"></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Total Debt</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;"> </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Total debt is a non-GAAP measure calculated as the total current and non-current portions of&#58; long-term debt (including amounts drawn on the Revolving Credit Facility), lease liabilities, and loans payable. Total debt does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. The Company and certain investors use this information to evaluate the financial debt leverage of the Company.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Capital </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Capital is a non-GAAP measure and is calculated as total equity plus total debt less cash and cash equivalents and short term investments. Capital does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. The Company and certain investors use this information to evaluate the enterprise value of the Company.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Working Capital</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Working capital is a non-GAAP measure calculated as current assets less current liabilities. Working capital does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar </font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">41</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">measures presented by other companies. The Company and certain investors use this information to evaluate whether the Company is able to meet its current obligations using its current assets.</font></div><div id="i_0_88"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">RISKS AND UNCERTAINTIES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company is exposed to many risks in conducting its business, including but not limited to&#58; metal price risk as the Company derives its revenue from the sale of silver, zinc, lead, copper, and gold&#59; trading and credit risk in the normal course of dealing with other companies&#59; foreign exchange risk as the Company reports its financial statements in USD whereas the Company operates in jurisdictions that utilize other currencies&#59; the inherent risk of uncertainties in estimating mineral reserves and mineral resources&#59; political, economic and social risks related to conducting business in foreign jurisdictions such as Peru, Mexico, Argentina, Bolivia and Guatemala&#59; environmental risks&#59; and risks related to its relations with employees and local communities where we operate. Certain of these risks are described below, and are more fully described in Pan American&#8217;s Annual Information Form (available on SEDAR at </font><font style="background-color:rgb(255,255,255, 0.0);color:#0563c1;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">www.sedar.com</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">) and Form 40-F filed with the United States Securities and Exchange Commission (the &#34;SEC&#34;), and in the Risks and Uncertainties section of the Company's 2018 Annual MD&#38;A, and the 2018 Financial Statements. Readers are encouraged to refer to these documents for a more detailed description of some of the risks and uncertainties inherent to Pan American&#8217;s business.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Financial Instruments Risk Exposure</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Th</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">e Company's is exposed to financial risks, including metal price risk, credit risk, interest rate risk, foreign currency exchange rate risk, and liquidity risk. The Company's exposures and management of each of those risks is described in Note 8(f) to the Company's 2018 Financial Statements. There were no significant changes to those risks or to the Company's management of exposure to those risks during the three and six months ended June 30, 2019. The following provides an update to certain relevant financial instrument risks for the quarter&#58;</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Metal Price Risk</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">A decrease in the market price of silver, gold and other metals could affect our profitability, along with the commercial viability of our mines and production from some of our mining properties. From time to time, Pan American mitigates the price risk associated with its base metal production by committing some of its future production under forward sales or option contracts. However, decisions relating to hedging may have material adverse effects on our financial performance, financial position, and results of operations. The Board of Directors continually assesses Pan American&#8217;s strategy towards our base metal exposure. As at June&#160;30, 2019, the Company had outstanding collars made up of put and call contracts for its exposure to zinc (3,600 tonnes) and copper (600 tonnes)&#59; settlement dates on these positions are between July 2019 and September 2019. The outstanding contracts have respective weighted average floor and cap prices per tonne of&#58; $2,600 and $3,200 for zinc&#59; and, $6,200 and $6,840 for copper.&#160;The Company recorded total gains on these positions of $1.2 million and $1.6 million in Q2 2019 and H1 2019, respectively (Q2 2018 and H1 2018&#58; gains of $0.9 million and $2.6 million).</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Trading and Credit Risk</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As at June&#160;30, 2019, we had receivable balances associated with buyers of our concentrates of $51.2 million</font><font style="background-color:#fcffd6;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(December 31, 2018 - $40.8 million). The vast majority of the Company's concentrate is sold to a limited number of concentrate buyers. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">As at June&#160;30, 2019, we had approximately $46.5 million contained in precious metal inventory at refineries (December 31, 2018 - $19.7 million). Silver dor&#233; production is refined under long-term agreements with fixed refining terms at three separate refineries worldwide. We generally retain the risk and title to the precious metals throughout the process of refining and therefore are exposed to the risk that the refineries will not be able to perform in accordance with the refining contract and that we may not be able to fully recover our precious metals in such circumstances. For example, in November 2018, Republic Metals Corporation (&#34;Republic&#34;), a refinery used by us, filed for bankruptcy.  At the time of the bankruptcy, Republic had possession of approximately $4.9 million of our metal, which for accounting purposes has been fully provided for. While we are pursuing a claim to collect the metals, or in lieu thereof, damages, the prospects for recovery are uncertain.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">42</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Supplier advances for products and services yet to be provided are a common practice in some jurisdictions in which the Company operates. These advances represent a credit risk to the Company to the extent that suppliers do not deliver products or perform services as expected. As at June&#160;30, 2019, the Company had made $8.7 million of supplier advances (December 31, 2018 - $14.4 million), which are reflected in &#8220;Trade and other receivables&#8221; on the Company&#8217;s balance sheet.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Foreign currency exchange rate risk</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">A part of the Company&#8217;s operating and capital expenditures is denominated in local currencies other than USD. These expenditures are exposed to fluctuations in USD exchange rates relative to the local currencies. From time to time, the Company mitigates part of this currency exposure by accumulating local currencies, entering into contracts designed to fix or limit the Company&#8217;s exposure to changes in the value of local currencies relative to the USD, or assuming liability positions to offset financial assets subject to currency risk.  At June&#160;30, 2019, the Company had outstanding positions on its foreign currency exposure of MXN purchases. The MXN positions are collars with a notional amount of $25.2 million USD, with weighted average USD put and call exchange rates of $19.82 and $22.41, respectively. The Company recorded gains of $0.4 million and $0.9 million on MXN derivative contracts for the three and six months ended June&#160;30, 2019 (Q1 2018 and H1 2018 - gains of nil and $0.1 million, respectively).  At June&#160;30, 2019, the Company held cash and short-term investments of $50.1 million in Canadian dollars, $2.3 million in Mexican pesos, $3.5 million in Peruvian soles, $4.4 million in Argentine pesos, $1.1 million in Bolivian bolivianos, and $0.2 million in Guatemalan quetzal.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Taxation Risks</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American is exposed to tax related risks. The nature of these taxation risks and how the risks are managed are described in the Risks and Uncertainties section of the 2018 Annual MD&#38;A, and in Note 29(c) to the Company's 2018 Financial Statements. There were no significant changes to those risks or to the Company's management of exposure to those risks during the three months ended June&#160;30, 2019. </font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Claims and Legal Proceedings</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American is subject to various claims and legal proceedings covering a wide range of matters that arise in the ordinary course of business activities. The nature, assessment and management of such claims is described in the Risks and Uncertainties section of the 2018 Annual MD&#38;A, and in Note 23 to the Company's Q1 2019 Financial Statements.  </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In July 2017, the Escobal mining license, held by Tahoe&#8217;s Guatemalan subsidiary Minera San Rafael (&#8220;MSR&#8221;) was suspended as a result of a court proceeding initiated by a non-governmental organization (an &#8220;NGO&#8221;) in Guatemala, based upon the allegation that Guatemala&#8217;s Ministry of Energy and Mines (&#8220;Guatemala MEM&#8221;) violated the Xinka indigenous people&#8217;s right of consultation.&#160; After several decisions and appeals on the matter, a decision of the Constitutional Court of Guatemala was rendered on September 3, 2018, determining that the Escobal mining license would remain suspended until the Guatemala MEM completes an ILO 169 consultation. The consultation process is proceeding and as a result normal operations at Escobal mine remain suspended. Legal challenges to the consultation process have been filed with the Guatemalan Supreme Court and the outcome of those challenges is unknown. The process and timing for completing the ILO 169 consultation remains uncertain. In addition, in June 2017, MSR filed its annual request to renew the Escobal mine&#8217;s export credential with the Guatemala MEM.&#160; However, the Guatemala MEM did not renew the export credential because its renewal had become contingent on the Supreme Court's reinstatement of the Escobal mining license. The export credential therefore expired in August 2017 and has not been renewed.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Tahoe and certain of its officers and directors were named in three purported class action claims in the United States, which have been consolidated in the US District Court District of Nevada, including alleging violations of Section 10(b) and Section 20(a) of the US Exchange Act and Rule 10b-5, and one purported class action filed in Canada in the Ontario Supreme Court concerning Tahoe&#8217;s disclosure with respect to the Escobal mine. These class action claims were filed following the issuance of a provisional decision by the Guatemalan Supreme Court suspending the Escobal mining license issued to MSR.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">On June 18, 2014, seven plaintiffs filed an action against Tahoe in the British Columbia Supreme Court alleging battery and negligence regarding a security incident that occurred at the Escobal mine on April 27, 2013. The </font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">43</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">plaintiffs sought compensatory and punitive damages. In April 2017, three of the seven plaintiffs settled their claims against Tahoe. </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">On July 30, 2019, the Company settled, on behalf of Tahoe, the remaining four plaintiffs&#8217; claims and the British Columbia Supreme Court action has been dismissed</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">These matters may give rise to legal uncertainties or have unfavourable results and divert Management&#8217;s attention and resources. </font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Foreign Operations and Government Regulations</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American currently conducts operations in Peru, Mexico, Argentina, Bolivia, Canada and Guatemala. Most of these jurisdictions are potentially subject to a number of political and economic risks, as well as civil and labour unrest, violence and the prevalence of criminal activity, including organized crime, theft and illegal mining. We are also subject to extensive laws and regulations in the foreign jurisdictions in which we do business.  The costs associated with compliance with these and future laws and regulations can be substantial, and changes to existing laws and regulations could cause additional expense, restrictions on or suspensions of our operations, and delays in the development and permitting of our properties.  The nature of the foreign jurisdiction risks and the Company's exposures to and management of those risks are described in the Risks and Uncertainties section of the 2018 Annual MD&#38;A. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">With respect to Guatemala, incidents of civil unrest, violence and vandalism have occasionally affected the Escobal mine, along with its employees, contractors and their families, including incidents surrounding the roadblock in Casillas, Guatemala. Pan American can provide no assurance that security incidents or roadblocks, in the future, will not have a material adverse effect on our ability to restart operations or conduct future operations at the Escobal mine. Renewed political unrest, including events related to Guatemalan Presidential elections held in June 2019 </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">and the final round of the Presidential elections that are expected to be completed in </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">August 2019, could adversely affect our restart of and future operations at the Escobal mine.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Other than risk associated with the new jurisdictions the Company is now operating in subsequent to the Tahoe Acquisition, specifically Guatemala, there were no significant changes to those risks or to the Company's management of exposure to those risks during the three months ended June 30, 2019.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Community Action</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Communities and non-governmental organizations (&#8220;NGOs&#8221;) have become more vocal and active with respect to mining activities at or near their communities. Some communities and NGOs have taken actions that could have a material adverse effect on our operations, such as setting up road closures and commencing lawsuits. In certain circumstances, such actions might ultimately result in the cessation of mining activities and the revocation of permits and licenses.  These actions relate not only to current activities but are often in respect of past activities by prior owners of mining properties. For example, since June 7, 2017, a group of protesters near the town of Casillas blocked the primary highway that connects Guatemala City to San Rafael Las Flores and the Escobal mine that we recently acquired.  Tahoe's operations were reduced between June 8, 2017 and June 19, 2017 to conserve fuel, and on July 5, 2017, were ceased following the Supreme Court&#8217;s provisional decision to suspend the Escobal mining license while the case against the Guatemala MEM was heard on the merits. A second roadblock was initiated in 2018 near the community of Mataquescuintla. MSR representatives have been pursuing engagement with community leaders, government agencies, and NGOs to develop a dialogue process aimed at resolving this protracted dispute and reaching a peaceful conclusion to the roadblocks, but there is no guarantee that a positive conclusion will be reached.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Title to Assets</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In many jurisdictions in which we operate, legal rights applicable to mining concessions are different and separate from legal rights applicable to surface lands.  Accordingly, title holders of mining concessions in many jurisdictions must agree with surface landowners on compensation in respect of mining activities conducted on such land. We do not hold title to all of the surface lands at many of our operations and we rely on contracts or other similar rights to conduct surface activities. For example, currently at the Shahuindo and La Arena operations we do not own all surface rights necessary for completion of the current mining plans.  </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">In most of the jurisdictions where we operate the land title system is not well developed, recorded or maintained. There can also be uncertainty and conflicts with respect to physical land boundaries. Where we do own title to </font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">44</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">surface lands, legal challenges to our title are not uncommon. For example, a legal action was filed in the Guatemala courts in June 2019, by an individual claiming to own title to certain lands within the Escobal mine site, which Mineral San Rafael had previously purchased. In Mexico at our La Colorada mine, certain individuals have asserted community rights and land ownership over our surface lands in the Agrarian Courts and they have also initiated a process before the Ministry of Agrarian, Territorial and Urban Development of Mexico&#8217;s Federal Government to declare such lands as national property. On June 4, 2019, we filed an amparo against such process and obtained an injunction to protect our surface rights of our La Colorada mine. </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">If we are unable to acquire or maintain access to those surface rights, future mining operations could be impacted. </font></div><div id="i_0_91"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="9" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">SIGNIFICANT JUDGMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY IN THE APPLICATION OF ACCOUNTING POLICIES</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In preparing financial statements in accordance with IFRS, Management is required to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. These critical accounting estimates represent Management's estimates and judgments that are uncertain and any changes in these could materially impact the Company&#8217;s financial statements. Management continuously reviews its estimates, judgments, and assumptions using the most current information available. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Readers should also refer to Note 3 of the 2018 Financial Statements, for the Company&#8217;s summary of significant accounting policies.</font></div><div id="i_0_94"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:13pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">CHANGES IN ACCOUNTING STANDARDS</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The accounting policies applied in the preparation of these unaudited condensed interim consolidated financial statements are consistent with those applied and disclosed in the Company&#8217;s audited consolidated financial statements for the year ended December&#160;31, 2018, except for the following&#58;</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Leases</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">In January 2016, the IASB issued IFRS 16 which replaces IAS 17 - </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Leases and its associated interpretative guidance</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">, including IFRIC 4 and SIC 15. IFRS 16 applies a control model to the identification of leases, distinguishing between a lease and a non-lease component on the basis of whether the customer controls the specific asset. For those contracts that are or contain a lease, IFRS 16 introduces significant changes for lessees to the accounting for contracts that are or contain a lease, introducing a single, on-balance sheet accounting model that is similar to current finance lease accounting, with limited exceptions for short-term leases less than 12 months in duration or leases of low value assets. Lessor accounting remains similar to current accounting practice. The standard is effective for annual periods beginning on or after January 1, 2019, with early application permitted for entities that apply IFRS 15.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has applied IFRS 16 using the modified retrospective approach from January 1, 2019 and has elected the record the transition date right of use assets at amounts equal to the present value of the minimum lease payments, on a lease by lease basis. Short-term and low-value recognition exemptions were applied, as well as certain practical expedients allowing for the use of hindsight to assess the lease term for contracts with extension options, the exclusion of initial direct costs from measurement of the ROU asset and the exclusion of leases with a term of less than one year remaining at the transition date.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Policy applicable from January 1, 2019&#58; </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Lease Definition </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At inception of a contract, the Company assesses whether the contract is, or contains, a lease. A contract is, or contains, a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for consideration. An identified asset may be implicitly or explicitly specified in a contract, but must be physically distinct, and must not have the ability for substitution by a lessor. The Company has the right to control an identified asset if it obtains substantially all of its economic benefits and either pre-determines, or directs how and for what purpose the asset is used.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">45</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Measurement of Right-of-Use Assets (&#8220;ROU Assets&#8221;) and Lease Obligations </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">At lease commencement, the Company recognizes a ROU asset and a lease obligation. The ROU asset is initially measured at cost, which comprises the initial amount of the lease obligation adjusted for any lease payments made at, or before, the commencement date, plus any initial direct costs incurred, less any lease incentives received. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The ROU asset is subsequently amortized on a straight-line basis over the shorter of the term of the lease, or the useful life of the asset determined on the same basis as the Company&#8217;s property, plant and equipment. The ROU asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease obligation. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The lease obligation is initially measured at the present value of lease payments remaining at the lease commencement date, discounted using the Company&#8217;s incremental borrowing rate. Lease payments included in the measurement of the lease obligation, when applicable, may comprise fixed payments, variable payments that depend on an index or rate, amounts expected to be payable under a residual value guarantee and the exercise price under a purchase, extension or termination option that the Company is reasonably certain to exercise. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The lease obligation is subsequently measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company&#8217;s estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease obligation is remeasured, a corresponding adjustment is made to the carrying amount of the ROU asset. </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">Recognition Exemptions </font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has elected not to recognize ROU assets and lease obligations for short-term leases that have a lease term of twelve months or less or for leases of low-value assets. Payments associated with these leases are recognized as an operating expense on a straight-line basis over the lease term within costs and expenses on the consolidated income statement.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Additional disclosures have been presented in Note 13 of the Q1 2019 Financial Statements as a result of adopting IFRS 16.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:120%;">Changes in accounting standards not yet effective</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company has not early adopted any amendment, standard or interpretation that has been issued by the IASB but is not yet effective.</font></div><div id="i_0_97"></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:12pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">DISCLOSURE CONTROLS AND PROCEDURES</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Management&#8217;s Report on Internal Control over Financial Reporting</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Management of Pan American is responsible for establishing and maintaining an adequate system of internal control, including internal controls over financial reporting. Internal control over financial reporting is a process designed by, or under the supervision of, the President and Chief Executive Officer and the Chief Financial Officer and effected by the Board of Directors, Management and other personnel to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. It includes those policies and procedures that&#58;</font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">a.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:9.97pt;">pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of Pan American,</font></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">b.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:9.46pt;">are designed to provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with International Financial Reporting Standards, and that receipts and expenditures of Pan American are being made only in accordance with authorizations of Management and Pan American&#8217;s directors, and</font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">46</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-indent:-18pt;padding-left:36pt;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">c.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:10.58pt;">are designed to provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of Pan American&#8217;s assets that could have a material effect on the annual financial statements or interim financial reports.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company&#8217;s management, including its President and Chief Executive Officer and Chief Financial Officer, believe that due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements on a timely basis. In addition, projections of any evaluation of the effectiveness of internal control over financial reporting to future periods are subject to the risk that the controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Changes in Internal Controls over Financial Reporting</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">There has been no change in the Company&#8217;s internal control over financial reporting during the three month period ended June&#160;30, 2019 that has materially affected or is reasonably likely to materially affect, its internal control over financial reporting.</font></div><div style="text-align:center;margin-top:6pt;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:96.533724%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td><td style="width:0.1%;"></td><td style="width:0.533138%;"></td><td style="width:0.1%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"><font style="font-size:12pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">TECHNICAL INFORMATION</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #6d6e71;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Scientific and technical information contained in this MD&#38;A has been reviewed and approved by Martin Wafforn, P.Eng., Senior Vice President Technical Services and Processing Optimization, and Christopher Emerson, FAusIMM, Vice President Business Development and Geology, each of whom is a Qualified Persons, as the term is defined in Canadian National Instrument 43-101 - </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Standards of Disclosure of Mineral Projects </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">(&#34;NI 43-101&#34;).</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">For more detailed information regarding the Company&#8217;s material mineral properties as at December 31, 2018 and technical information related thereto, including a complete list of current technical reports applicable to such properties, please refer to the Company&#8217;s Annual Information Form dated March 12, 2019, filed at </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;text-decoration: underline;">www.sedar.com</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> or the Company&#8217;s most recent Form 40-F filed with the SEC.</font></div><div id="i_0_100"></div><div style="margin-top:6pt;margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">47</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:13pt;font-weight:700;line-height:120%;">Cautionary Note Regarding Forward-Looking Statements and Information</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Certain of the statements and information in this MD&#38;A constitute &#8220;forward-looking statements&#8221; within the meaning of the United States Private Securities Litigation Reform Act of 1995 and &#8220;forward-looking information&#8221; within the meaning of applicable Canadian provincial securities laws relating to the Company and its operations. All statements, other than statements of historical fact, are forward-looking statements. When used in this MD&#38;A, the words, &#8220;will&#8221;, &#8220;believes&#8221;, &#8220;expects&#8221;, &#8220;intents&#8221;, &#8220;plans&#8221;, &#8220;forecast&#8221;, &#8220;objective&#8221;, &#8220;guidance&#8221;, &#8220;outlook&#8221;, &#8220;potential&#8221;, &#8220;anticipated&#8221;, &#8220;budget&#8221;, and other similar words and expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things&#58; future financial and operational performance&#59; future production of silver, gold and other metals produced by the Company, including the Acquired Mines&#59; future Cash Costs and AISC&#59; the sufficiency of the Company&#8217;s current working capital, anticipated operating cash flow or its ability to raise necessary funds&#59; the anticipated amount and timing of production at each of the Company&#8217;s properties and in the aggregate&#59; our expectations with respect to future metal prices and exchange rates&#59; the timing and disclosure of the allocation of purchase price for the Acquisition&#59; any potential future sale of Lake Shore (including the Timmins mines and other assets) and the timing for any such sale, and the impacts any such sale might have on the Company&#59; the duration and effect of the license suspensions and any road blocks relating to the Escobal mine&#59; the estimated cost of and availability of funding necessary for sustaining capital&#59; forecast capital and non-operating spending&#59; and the Company&#8217;s plans and expectations for its properties and operations.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">These forward-looking statements and information reflect the Company&#8217;s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic, competitive, political, regulatory, and social uncertainties and contingencies. These assumptions include&#58; tonnage of ore to be mined and processed&#59; ore grades and recoveries&#59; prices for silver, gold and base metals remaining as estimated&#59; currency exchange rates remaining as estimated&#59; capital, decommissioning and reclamation estimates&#59; our mineral reserve and mineral resource estimates and the assumptions upon which they are based&#59; prices for energy inputs, labour, materials, supplies and services (including transportation)&#59; no labour-related disruptions at any of our operations&#59; no unplanned delays or interruptions in scheduled production&#59; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner and can be maintained&#59; and our ability to comply with environmental, health and safety laws, particularly given the potential for modifications and expansion of such laws. The foregoing list of assumptions is not exhaustive.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this MD&#38;A and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation&#58; fluctuations in silver, gold, and base metal prices&#59; fluctuations in prices for energy inputs&#59; fluctuations in currency markets (such as the PEN, MXN, ARS, BOL, GTQ and CAD versus the USD)&#59; risks related to the technological and operational nature of the Company&#8217;s business&#59; changes in national and local government, legislation, taxation, controls or regulations and political, legal or economic developments in Canada, the United States, Mexico, Peru, Argentina, Bolivia, Guatemala or other countries where the Company may carry on business, including the risk of expropriation related to certain of our operations, particularly in Argentina and Bolivia and risks related to the constitutional court-mandated ILO 169 consultation process in Guatemala&#59; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected geological or structural formations, pressures, cave-ins and flooding)&#59; risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business&#59; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards&#59; employee relations&#59; relationships with and claims by the local communities and indigenous populations&#59; availability and increasing costs associated with mining inputs and labour&#59; the Company&#8217;s ability to secure our mine sites or maintain access to our mine sites due to criminal activity, violence, or civil and labour unrest&#59; the speculative nature of mineral exploration and development, including the risk of obtaining or retaining necessary licenses and permits and the presence of laws, regulations and other legal impediments that may impose restrictions on mining, including those currently in the province of Chubut, Argentina, or that might otherwise prevent or cause the suspension or discontinuation of mining activities&#59; diminishing quantities or grades of mineral </font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">48</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">reserves as properties are mined&#59; global financial conditions&#59; the Company&#8217;s ability to complete and successfully integrate acquisitions and to mitigate other business combination risks&#59; challenges to, or difficulty in maintaining, the Company&#8217;s title to properties and continued ownership thereof&#59; the actual results of current exploration activities, conclusions of economic evaluations, and changes in project parameters to deal with unanticipated economic or other factors&#59; increased competition in the mining industry for properties, equipment, qualified personnel, and their costs&#59; having sufficient cash to pay obligations as they come due&#59; and those factors identified under the caption &#8220;Risks Related to Pan American&#8217;s Business&#8221; in the Company&#8217;s most recent Form 40-F and Annual Information Form filed with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities, respectively. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against attributing undue certainty or reliance on forward-looking statements or information. Forward-looking statements and information are designed to help readers understand Management's current views of our near and longer term prospects and may not be appropriate for other purposes. The Company does not intend, and does not assume any obligation, to update or revise forward-looking statements or information to reflect changes in assumptions or in circumstances or any other events affecting such statements or information, other than as required by applicable law.</font></div><div style="margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Cautionary Note to U.S. Investors Concerning Estimates of Mineral Reserves and Mineral Resources</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">This MD&#38;A has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all mineral reserve and mineral resource estimates included in the MD&#38;A have been disclosed in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards.  NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.</font></div><div style="text-align:justify;margin-top:6pt;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Canadian public disclosure standards, including NI 43-101, differ significantly from the requirements of the SEC, and information concerning mineralization, deposits, mineral reserve and mineral resource information contained or referred to herein may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, this MD&#38;A uses the terms &#8220;measured resource&#8221;, &#8220;indicated resources&#8221; and &#8220;inferred resources&#8221;.  U.S. investors are advised that, while such terms are recognized and required by Canadian Securities laws, the SEC does not recognize them. The requirements of NI 43-101 for identification of &#8220;reserves&#8221; are not the same as those of the SEC, and reserves reported by Pan American, in compliance with NI 43-101, may not qualify as &#8220;reserves&#8221; under SEC standards. Under U.S. standards, mineralization may not be classified as a &#8220;reserve&#8221; unless the determination has been made that the mineralization could be economically and legally produced for extracted at the time the reserve determination is made. </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">U.S. investors are cautioned not to assume that any part of a &#8220;measured resource&#8221; or &#8220;indicated resource&#8221; will ever be converted in to a &#8220;reserve&#8221;. U.S. investors should also understand that &#8220;inferred resources&#8221; have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of the &#8220;inferred resources&#8221; exist, are economically or legally mineable or will ever be upgraded to a higher category.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">  Under Canadian securities laws, estimated &#8220;inferred resources&#8221; may not form the basis of feasibility or pre-feasibility studies, except in rare cases.  Disclosure of &#8220;contained ounces&#8221; in a mineral resource is permitted disclosure under Canadian securities laws. However, the SEC normally only permits issuers to report mineralization that does not constitute &#8220;reserves&#8221; by SEC standards as in place tonnage and grade, without reference to unit measures.  Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made by public companies that report in accordance with U.S. standards.</font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;margin-bottom:9pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.415205%;"><tr><td style="width:1.0%;"></td><td style="width:30.941176%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:59.176471%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.882353%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">49</font></div></td></tr></table></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>paas06-30x2019ceocert.htm
<DESCRIPTION>EX-99.3
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2019 Workiva -->
<title>Document</title></head><body><div id="i_0_1"></div><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Exhibit 99.3</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">&#160;</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Form 52-109F2</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Certification of Interim Filings</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Full Certificate</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">I, Michael Steinmann, Chief Executive Officer of Pan American Silver Corp., certify the following&#58;</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">1.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Review&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> I have reviewed the interim financial report and interim MD&#38;A (together, the &#8220;interim filings&#8221;) of </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Pan American Silver Corp.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> (the &#8220;issuer&#8221;) for the interim period ended </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">June&#160;30, 2019</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">No misrepresentations&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> Based on my knowledge, having exercised reasonable diligence, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, with respect to the period covered by the interim filings.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">3.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Fair presentation&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> Based on my knowledge, having exercised reasonable diligence, the interim financial report together with the other financial information included in the interim filings fairly present in all material respects the financial condition, financial performance and cash flows of the issuer, as of the date of and for the periods presented in the interim filings.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">4.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Responsibility&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> The issuer&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (DC&#38;P) and internal control over financial reporting (ICFR), as those terms are defined in National Instrument 52-109 </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Certification of Disclosure in Issuers&#8217; Annual and Interim Filings,</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> for the issuer.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Design&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> Subject to the limitations, if any, described in paragraphs 5.2 and 5.3, the issuer&#8217;s other certifying officer(s) and I have, as at the end of the period covered by the interim filings</font></div><div style="text-indent:-36pt;padding-left:72pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(a)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:25.15pt;">designed DC&#38;P, or caused it to be designed under our supervision, to provide reasonable assurance that</font></div><div style="text-indent:-44.35pt;padding-left:108pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(i)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:36pt;">material information relating to the issuer is made known to us by others, particularly during the period in which the interim filings are being prepared&#59; and</font></div><div style="text-indent:-46.64pt;padding-left:108pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(ii)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:36pt;">information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted by it under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation&#59; and</font></div><div style="text-indent:-36pt;padding-left:72pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(b)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:24.69pt;">designed ICFR, or caused it to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer&#8217;s GAAP.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.1</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:23.36pt;">Control framework&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> The control framework the issuer&#8217;s other certifying officer(s) and I used to design the issuer&#8217;s ICFR is the Internal Control &#8211; Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. </font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.2</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:23.36pt;">Not applicable.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.3</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:23.36pt;">Not applicable.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">6.&#160;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Reporting changes in ICFR&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> The issuer has disclosed in its interim MD&#38;A any change in the issuer&#8217;s ICFR that occurred during the period beginning on </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">April&#160;1, 2019 </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">and ended on</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;"> June&#160;30, 2019</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> that has materially affected, or is reasonably likely to materially affect, the issuer&#8217;s ICFR.</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:48.000000%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:48.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Date&#58; August 7, 2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:14pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:14pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#47;s&#47; &#8220;Michael Steinmann&#8221; </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Michael Steinmann</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Chief Executive Officer</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>paas06-30x2019cfocert.htm
<DESCRIPTION>EX-99.4
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2019 Workiva -->
<title>Document</title></head><body><div id="i_0_1"></div><div style="height:42.75pt;width:100%;"><div><font><br></font></div></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Exhibit 99.4</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:center;"><font><br></font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Form 52-109F2</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Certification of Interim Filings</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Full Certificate</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">I, A. Robert Doyle, Chief Financial Officer of Pan American Silver Corp., certify the following&#58;</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">1.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Review&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> I have reviewed the interim financial report and interim MD&#38;A (together, the &#8220;interim filings&#8221;) of </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Pan American Silver Corp.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> (the &#8220;issuer&#8221;) for the interim period ended </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">June&#160;30, 2019</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">2.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">No misrepresentations&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> Based on my knowledge, having exercised reasonable diligence, the interim filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, with respect to the period covered by the interim filings.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">3.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Fair presentation&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> Based on my knowledge, having exercised reasonable diligence, the interim financial report together with the other financial information included in the interim filings fairly present in all material respects the financial condition, financial performance and cash flows of the issuer, as of the date of and for the periods presented in the interim filings.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">4.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Responsibility&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> The issuer&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (DC&#38;P) and internal control over financial reporting (ICFR), as those terms are defined in National Instrument 52-109 </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Certification of Disclosure in Issuers&#8217; Annual and Interim Filings,</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> for the issuer.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:28.42pt;">Design&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> Subject to the limitations, if any, described in paragraphs 5.2 and 5.3, the issuer&#8217;s other certifying officer(s) and I have, as at the end of the period covered by the interim filings</font></div><div style="text-indent:-36pt;padding-left:72pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(a)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:25.15pt;">designed DC&#38;P, or caused it to be designed under our supervision, to provide reasonable assurance that</font></div><div style="text-indent:-44.35pt;padding-left:108pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(i)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:36pt;">material information relating to the issuer is made known to us by others, particularly during the period in which the interim filings are being prepared&#59; and</font></div><div style="text-indent:-46.64pt;padding-left:108pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(ii)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:36pt;">information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted by it under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation&#59; and</font></div><div style="text-indent:-36pt;padding-left:72pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">(b)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:24.69pt;">designed ICFR, or caused it to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer&#8217;s GAAP.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.1</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;padding-left:23.36pt;">Control framework&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> The control framework the issuer&#8217;s other certifying officer(s) and I used to design the issuer&#8217;s ICFR is the Internal Control &#8211; Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. </font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.2</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:23.36pt;">Not applicable.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">5.3</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:23.36pt;">Not applicable.</font></div><div style="text-indent:-36pt;padding-left:36pt;margin-bottom:9pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">6.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">&#160;Reporting changes in ICFR&#58;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> The issuer has disclosed in its interim MD&#38;A any change in the issuer&#8217;s ICFR that occurred during the period beginning on </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">April 1, 2019 </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">and ended on </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">June&#160;30, 2019</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> that has materially affected, or is reasonably likely to materially affect, the issuer&#8217;s ICFR.</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.707602%;"><tr><td style="width:1.0%;"></td><td style="width:48.000000%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:48.000000%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Date&#58; August 7, 2019</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="height:14pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:14pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-style:italic;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#47;s&#47; &#8220;A. Robert Doyle&#8221;<br></font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">A. Robert Doyle</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Chief Financial Officer</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td></tr></table></div><div><font><br></font></div><div style="position:relative;width:100%;height:42.75pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>6
<FILENAME>paasq22019nr2019-8x07q.htm
<DESCRIPTION>EX-99.5
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2019 Workiva -->
<title>Document</title></head><body><div id="i_0_1"></div><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div style="text-align:right;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10.5pt;font-weight:400;line-height:120%;">&#160;</font></div><div style="text-align:center;margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Pan American Silver Reports Earnings per Share of $0.09 for the Second Quarter of 2019 </font></div><div style="margin-bottom:6pt;"><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Vancouver, B.C. - August&#160;7, 2019 - Pan American Silver Corp.</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> (NASDAQ&#58; PAAS) (TSX&#58; PAAS) today reported unaudited results for the second quarter ended June&#160;30, 2019 (&#34;Q2 2019&#34;). Pan American's unaudited condensed interim consolidated financial statements and notes (&#34;financial statements&#34;), as well as Pan American&#8217;s Management's Discussion and Analysis (&#34;MD&#38;A&#34;) for the three and six months ended </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">June&#160;30, 2019</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">, are available on Pan American&#8217;s website at&#160;panamericansilver.com&#160;and on SEDAR at&#160;www.sedar.com.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Pan American's Q2 2019 results include the performance of the mines acquired (the &#34;Acquired Mines&#34;) from  Tahoe Resources Inc. (&#34;Tahoe&#34;), following the completion of that transaction on February 22, 2019 (the &#34;Completion Date&#34;). The Bell Creek and Timmins mines (together, &#34;Timmins&#34;) acquired from Tahoe remain classified as assets held for sale and discontinued operations, and thus are not included in Pan American's revenue or mine operating earnings for Q2 2019. </font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">&#8220;W</font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">e delivered strong operating performance in Q2, resulting in c</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:115%;">ash flow from operations of $83.5 million,&#34; said Michael Steinmann, President and Chief Executive Officer. &#34;The integration of the Tahoe assets is progressing well, and the associated transaction costs are now substantially behind us. Combined with the recent strengthening in precious metal prices and an outlook for lower costs, we should see operating margins improve over the remainder of the year.&#34; </font></div><div><font><br></font></div><div id="i_0_4"></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Consolidated Q2 2019 Highlights&#58; </font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Net income of $18.5 million, equivalent to $0.09 basic earnings per share.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Adjusted income of $9.0 million, equivalent to $0.04 basic adjusted income per share.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Revenue of $282.9 million (excluding $57.5 million of revenue from the Timmins mines).</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Net cash generated from operations of $83.5 million.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Silver production of 6.5 million ounces and gold production of 154.6 thousand ounces. </font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Zinc, lead and copper production of 17.4 thousand tonnes, 6.8 thousand tonnes, and 2.1 thousand tonnes, respectively.  </font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Silver Segment Cash Costs and All-in Sustaining Costs (&#34;AISC&#34;) were $6.67 and $10.67 per silver ounce sold, respectively, and relate to the Company&#8217;s operations other than the Acquired Mines.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Gold Segment Cash Costs and AISC were $700 and $980 per gold ounce sold, respectively, and relate to the Acquired Mines.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Consolidated Cash Costs and AISC were ($4.19) and $6.12 per silver ounce sold, respectively, which include by-product credits from the Acquired Mines' gold production.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Guidance for 2019 annual Cash Costs and AISC on a consolidated silver basis has been reduced to between ($3.30) and ($1.80) per ounce and between $7.00 and $9.00 per ounce, respectively. </font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Guidance for 2019 annual consolidated silver and gold production has been slightly reduced to between 25.3 and 26.3 million ounces and between 550.0 and 600.0 thousand ounces, respectively, primarily due to postponement of commercial production from the COSE and Joaquin projects by about three months. The revision is not expected to have a significant adverse impact on 2019 financial results. </font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Guidance for project capital expenditures has been slightly increased to $45 million, primarily as a result of the delay in development of the COSE and Joaquin projects.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">At June&#160;30, 2019, the Company had a cash and short-term investment balance of $138.8 million and working capital of $793.1 million. Total debt was $378.8 million (including $43.8 million of lease liabilities).</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">Drilling at the La Colorada mine has further defined the skarn mineralization, indicating a high concentration of base metal and silver mineralization over large widths, as reported in Pan American's news release dated August 1, 2019.</font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">1</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;padding-left:12.53pt;">The Board of Directors has approved a cash dividend of $0.035 per common share, or approximately $7.3 million in aggregate cash dividends, payable on or about August 30, 2019, to holders of record of Pan American&#8217;s common shares as of the close on August&#160;19, 2019. Pan American's dividends are designated as eligible dividends for the purposes of the </font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-style:italic;font-weight:400;line-height:120%;">Income Tax Act</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> (Canada). As is standard practice, the amounts and specific distribution dates of any future dividends will be evaluated and determined by the Board of Directors on an ongoing basis. </font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Cash Costs, AISC, adjusted earnings, basic adjusted earnings per share, working capital and total debt are not generally accepted accounting principle (&#34;non-GAAP&#34;) financial measures. Please refer to the &#34;Alternative Performance (non-GAAP) Measures&#34; section of this news release for further information on these measures.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;"> </font></div><div><font><br></font></div><div id="i_0_7"></div><div><font><br></font></div><div></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">2</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">CONSOLIDATED FINANCIAL RESULTS</font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:43.680820%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.469985%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.616398%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.616398%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:11.616398%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">June 30,<br>2019</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">December 31,<br>2018</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Weighted average shares during period (millions) </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153.3&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shares outstanding end of period (millions)</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">209.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">153.4&#160;</font></td></tr><tr><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:12pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="height:15pt;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Revenue</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$282,948&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$216,460&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mine operating earnings</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$36,140&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$54,851&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net earnings </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$18,499&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$36,696&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div style="margin-bottom:7pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Basic earnings per share </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$0.09&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$0.24&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="margin-bottom:7pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Adjusted earnings </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$9,037&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$35,427&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><div style="margin-bottom:7pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Basic adjusted earnings per share </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$0.04&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$0.23&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Net cash generated from operating activities</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$83,518&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$66,949&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="margin-bottom:7pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Net cash generated from operating activities before changes in working capital </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$63,378&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$59,177&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Sustaining capital expenditures</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$55,911&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$25,000&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Project capital expenditures </font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$13,455&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$12,675&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Cash dividend per share</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$0.035&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">$0.035&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Average realized prices</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Silver ($&#47;ounce) </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.90&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16.40&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Gold ($&#47;ounce) </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,314&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,304&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Zinc ($&#47;tonne) </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,783&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3,045&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Lead ($&#47;tonne) </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,875&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,378&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Copper ($&#47;tonne) </font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,100&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,840&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Per share amounts are based on basic weighted average common shares.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Non- GAAP measures&#58; adjusted earnings, basic adjusted earnings per share, net cash generated from operating activities before changes in working capital are non-GAAP financial measures. Please refer to the &#34;Alternative Performance (non-GAAP) Measures&#34; section of this news release for further information on these measures.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Metal prices stated are inclusive of final settlement adjustments on concentrate sales.</font></div><div style="padding-left:36pt;"><font><br></font></div><div id="i_0_10"></div><div></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">3</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">OPERATING PERFORMANCE</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Silver and Gold Production</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table provides silver and gold production at each of Pan American&#8217;s operations for Q2 2019 and Q2 2018&#58;</font></div><div><font><br></font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.561404%;"><tr><td style="width:1.0%;"></td><td style="width:59.086637%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.534214%;"></td><td style="width:0.1%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:7.544787%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.544787%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td style="width:1.0%;"></td><td style="width:7.544787%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:7.544787%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2,045&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,873&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.1&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,226&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,088&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">39.8&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">948&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">742&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.2&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Morococha</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">615&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.7&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">San Vicente</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">940&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">976&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">962&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.6&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold Segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">La Arena</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Shahuindo</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">35&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">46.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Assets held for sale&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">43.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,474&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6,294&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">154.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53.4&#160;</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Morococha data represents Pan American 92.3% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">San Vicente data represents Pan American 95.0% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Reflects production results subsequent to the February 22, 2019 closing date of the Acquisition as described in the &#34;Acquisition of Tahoe&#34; section of the MD&#38;A for the period ended June 30, 2019. The Timmins mines are classified as assets held for sale in the Company's Q2 2019 Financial Statements, as described in the Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of the MD&#38;A for the period ended June 30, 2019.  </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Totals may not add due to rounding.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Base Metal Production</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table provides consolidated base metal production at Pan American Silver&#8217;s operations for Q2 2019 and Q2 2018&#58;</font></div><div><font><br></font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:59.054173%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:17.472914%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:17.472914%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Base Metal Production (tonnes '000s)</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2018&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">17.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.9&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.1&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.0&#160;</font></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div id="i_0_13"></div><div></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">4</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Cash Costs and AISC</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table reflects the Cash Costs and AISC, net of by-product credits, at each of Pan American&#8217;s operations for Q2 2019 compared with Q2 2018&#58;</font></div><div><font><br></font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:55.979502%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.541728%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.395315%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.541728%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:8.541728%;"></td><td style="width:1.0%;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" rowspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">&#160;<br>&#160;</font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Cash Costs</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">&#160;($ per ounce)</font></div></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">AISC</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">($ per ounce)</font></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Three months ended <br>June 30,</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="display:none;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">2019&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">2018</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.82&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.13&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.07&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.46&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.87&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.70)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22.30&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.18&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.64&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.27&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.45&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.88&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.69&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(6.19)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.47&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.57&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.18&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.69&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">13.16&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">18.35&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.46&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">14.01&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.08&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment Consolidated</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.67&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.67&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.33&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">546&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">719&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">652&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,441&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">884&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">946&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Gold Segment Consolidated</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(5)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">700&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">980&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Consolidated metrics per silver ounce sold</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(6)</sup><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">&#58;</font></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">All Operations</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.19)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.12&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">All Operations before NRV inventory adjustments </font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(4.19)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.84&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.46&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.72&#160;</font></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td><td colspan="3" style="display:none;"></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the section &#8220;Alternative Performance (Non-GAAP) Measures&#8221; of the MD&#38;A for the period ended June 30, 2019 for a detailed description of these measures and where appropriate a reconciliation of the measures to the Q2 2019 Financial Statements.</font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Silver Segment Cash Costs and AISC are calculated net of credits for realized revenues from all metals other than silver (&#34;by-product credits&#34;), divided by per ounce of silver sold. Cash Costs are therefore different from previously reported Q2 2018 &#34;Cash Costs&#34;, which were calculated based on Cash Costs net of by-product credits divided by payable silver ounces produced.  The Q2 2018 Cash Costs per ounce sold included in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the Q2 2019 Cash Costs per ounce sold.  </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">2018 AISC per ounce sold in the table above have been calculated and presented as comparative amounts to conform to the methodology used by the Company to calculate the 2019 AISC per ounce sold. The change in methodology relates to the sustaining capital calculation to account for the adoption of IFRS 16, with sustaining capital now including lease payments. Previously, leased assets were included as sustaining capital in the period of acquisition, while future related lease payments were excluded.</font></div><div style="text-indent:-18pt;padding-left:18pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">The Timmins mines are classified as assets held for sale in the Company's Q2 2019 Financial Statements, as described in the Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of the MD&#38;A for the period ended June 30, 2019. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(5)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Gold Segment Cash Costs and AISC are calculated net of credits for realized silver revenues divided by per ounce of gold sold. </font></div><div style="text-indent:-18pt;padding-left:18pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(6)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Calculated per silver ounce sold with gold revenues included within by-product credits. G&#38;A costs are included in the consolidated AISC, but are not allocated in calculating AISC for each operation.</font></div><div><font><br></font></div><div><font><br></font></div><div id="i_0_16"></div><div></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">5</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">2019 GUIDANCE </font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following tables provides our guidance for 2019, revised as at August 7, 2019.  Relative to the guidance provided on May 8, 2019, management has reduced the estimate for consolidated Cash Costs and AISC to between ($3.30) and ($1.80) per ounce and between $7.00 and $9.00 per ounce, respectively, reflecting actual Cash Costs and AISC for the six months ended June 30, 2019 (&#34;H1 2019&#34;), a higher gold price assumption and the expected results for the remainder of 2019.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Management has also revised its guidance for consolidated silver production slightly to between 25.3 to 26.3 million ounces and gold production to between 550.0 and 600.0 thousand ounces, reflecting the postponement of commercial production from the COSE and Joaquin projects by about three months, mine scheduling adjustments at Morococha and better than expected performance at Shahuindo during H1 2019. The production in 2019 reflects a full year of production for the Silver Segment mines and from February 22, 2019, to December 31, 2019, for the Gold Segment mines. </font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">These estimates are forward-looking statements and information that are subject to the cautionary note associated with forward-looking statements and information at the end of this news release. </font></div><div><font><br></font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:35.426901%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:13.643275%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:13.643275%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:13.643275%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:13.643275%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Silver Production<br>(million ounces)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Gold Production<br>(thousand ounces)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Cash Costs</font></div><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">($ per ounce)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">AISC ($ per ounce)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#0077b2;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Silver Segment</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">8.0 - 8.2</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.1 - 4.8</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.50 - 3.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.50- 4.50</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.2 - 5.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114.5 - 120.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.80 - 3.40</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">15.00 - 17.00</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.6 - 3.7</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.5&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.00 - 7.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.50 - 9.25</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Morococha (92.3%)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(2)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.5 - 2.6</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.2 - 1.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.10 - 4.00</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.00 - 9.00</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">San Vicente (95.0%)</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(3)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">3.5 - 3.7</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.3&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.60 - 11.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.25 - 13.50</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo&#47;COSE&#47;Joaquin</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.4 - 2.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">20.0 - 25.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">21.70 - 22.60</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">22.00 - 24.00</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25.2 - 26.2</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">140.5 - 152.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.50 - 7.50</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.75 - 11.25</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Gold Segment&#58;</font></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">137.0 - 165.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">550 - 625</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">875 - 1,000</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">117.5 - 122.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">800 - 850</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,275 - 1,325</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(5)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">155.0 - 160.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">890 - 940</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,075</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">409.5 - 447.5</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">740 - 810</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1,025 - 1,125</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Total Production</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(6)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25.3 - 26.3</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">550.0 - 600.0</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Consolidated Silver Basis</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(4)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">&#8212;&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(3.30) - (1.80)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.00 - 9.00</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Cash Costs and AISC are non-GAAP measures. Please refer to the section &#8220;Alternative Performance (Non-GAAP) Measures&#8221; of the MD&#38;A for the period ended June 30, 2019, for a detailed description of these measures and where appropriate a reconciliation of the measure to the Q2 2019 Financial Statements. The Cash Costs and AISC forecasts assume realized metal prices for H1 2019 and the following metal prices for the remainder of 2019 of $15.00&#47;oz for silver, $2,400&#47;tonne ($1.09&#47;lb) for zinc, $1,950&#47;tonne ($0.88&#47;lb) for lead, $6,000&#47;tonne ($2.72&#47;lb) for copper, and $1,375&#47;oz for gold&#59; and average annual exchange rates relative to 1 USD of 19.50 for the Mexican peso (&#34;MXN&#34;), 3.33 of the Peruvian sol (&#34;PEN&#34;), 41.80 for the Argentine peso (&#34;ARS&#34;), 6.91 for the Bolivian boliviano (&#34;BOL&#34;), and $1.30 for the Canadian dollar (&#34;CAD&#34;).</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(2)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Morococha data represents Pan American&#8217;s 92.3% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(3)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">San Vicente data represents Pan American&#8217;s 95.0% interest in the mine's production.</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(4)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">As shown in the detailed quantification of consolidated AISC, included in the &#8220;Alternative Performance (Non-GAAP) Measures&#8221; section of the MD&#38;A for the period ended June 30, 2019, corporate G&#38;A costs, and exploration and project development expense are included in Consolidated Silver Basis AISC, but are not allocated in calculating AISC for each operation. </font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(5)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">The Timmins mines are classified as assets held for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of the MD&#38;A for the period ended June 30, 2019. The gold production from the Timmins operations is included in the consolidated guidance, pending resolution from the sale process.</font></div><div style="text-indent:-18pt;padding-left:22.5pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(6)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">Totals may not add due to rounding.</font></div><div style="padding-right:6.75pt;"><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">6</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Management's guidance for zinc, lead and copper production remains unchanged, as provided in the following table.  </font></div><div><font><br></font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:59.054173%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:17.472914%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:17.472914%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Consolidated Base Metal Production</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">(tonnes '000s)&#160;</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Zinc </font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-top:1pt solid #026dce;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">65.0 - 67.0 </font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Lead </font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">24.0 - 25.0</font></td><td colspan="3" style="display:none;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Copper </font></td><td colspan="6" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;border-bottom:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">9.8 - 10.3</font></td><td colspan="3" style="display:none;"></td></tr></table></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Capital Expenditures</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">The following table summarizes the capital expenditures for H1 2019 and the revised guidance for 2019. The guidance for project capital has increased to $45 million from $40 million, as a result of the delayed development of the COSE and Joaquin projects.</font></div><div><font><br></font></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:31.333333%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">(in millions of USD)</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">H1 2019 Actual</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#0077b2;background-color:rgb(255,255,255, 0.0);">Revised 2019 Guidance</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Colorada</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.5 &#8211; 7.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dolores</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">28.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">53.0 &#8211; 54.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Huaron</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.5 &#8211; 7.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11.0 &#8211; 12.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">San Vicente</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">6.5 &#8211; 7.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Manantial Espejo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1.5 &#8211; 2.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Shahuindo</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.1&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">47.5 - 49.0</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">La Arena</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">31.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">54.0 - 56.0</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Timmins</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">16.5 - 18.0</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Sustaining Capital Sub-total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">90.6&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">203.0 - 213.0</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Morococha projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">0.7&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">2.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Mexico projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">4.8&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">7.5&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Joaquin and COSE projects</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">12.9&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">25.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:100%;">Acquired Mines projects</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:400;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">5.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">10.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:100%;">Project Capital Sub-total</font><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:6.5pt;font-weight:700;line-height:100%;vertical-align:top;">(1)</sup></div></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">23.4&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:middle;border-top:1pt solid #006ebf;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">45.0&#160;</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:top;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Total Capital</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">114.0&#160;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:top;border-top:1pt solid #0077b2;border-bottom:1pt solid #0077b2;padding-left:1pt;padding-right:1pt;"><font style="font-size:10pt;font-weight:700;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">248.0 - 258.0</font></td></tr></table></div><div style="text-indent:-18pt;padding-left:18pt;padding-right:6.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;">(1)</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:120%;padding-left:8pt;">The Timmins mines are classified as assets held for sale in the Company's Q2 2019 Financial Statements, as described in Note 4 of the Company's Q2 2019 Financial Statements, and in the &#34;Acquisition of Tahoe&#34; section of the MD&#38;A for the period ended June 30, 2019. The capital expenditures for the Timmins' operations are included in the consolidated guidance pending resolution from the sale process.</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div id="i_0_25"></div><div style="margin-bottom:7pt;"><font><br></font></div><div style="margin-bottom:7pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">7</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div style="margin-bottom:7pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:700;line-height:120%;">Second Quarter 2019 Unaudited Results Conference Call and Webcast</font></div><div style="margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:68.859649%;"><tr><td style="width:1.0%;"></td><td style="width:21.779193%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:74.220807%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Date&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">August 8, 2019</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Time&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">11&#58;00 am ET (8&#58;00 am PT)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Dial-in numbers&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">1-800-319-4610 (toll-free in Canada and the U.S.)</font></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">+1-604-638-5340 (international participants)</font></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">Webcast&#58;</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><font style="font-size:11pt;font-weight:400;font-family:'Calibri';color:#000000;background-color:rgb(255,255,255, 0.0);">panamericansilver.com</font></td></tr></table></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:11pt;font-weight:400;line-height:120%;">Callers should dial in 5 to 10 minutes prior to the scheduled start time. The live webcast and presentation slides will be available on the Company's website at&#160;panamericansilver.com. An archive of the webcast will also be available for three months.</font></div><div><font><br></font></div><div id="i_0_28"></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">About Pan American Silver</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Pan American Silver is the world's second largest primary silver producer, providing enhanced exposure to silver through a diversified portfolio of assets, large reserves and growing production. We own and operate mines in Mexico, Peru, Canada, Argentina and Bolivia. In addition, we own the Escobal mine in Guatemala that is currently not operating. In 2019, we celebrate our silver anniversary&#58; 25 years of operating in Latin America, earning an industry-leading reputation for operational excellence and corporate social responsibility. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol &#34;PAAS&#8221;.</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Learn more at panamericansilver.com.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">For more information contact&#58;</font></div><div style="padding-right:33.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Siren Fisekci</font></div><div style="padding-right:33.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">VP, Investor Relations &#38; Corporate Communications</font></div><div style="padding-right:33.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Ph&#58; 604-806-3191</font></div><div style="padding-right:33.75pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Email&#58; ir&#64;panamericansilver.com</font></div><div><font><br></font></div><div id="i_0_31"></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Technical Information</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Scientific and technical information contained in this news release have been reviewed and approved by Martin Wafforn, P.Eng., Senior Vice President Technical Services and Processing Optimization, and Christopher Emerson, FAusIMM, Vice President Business Development and Geology, each of whom are Qualified Persons, as the term is defined in Canadian National Instrument 43-101 - Standards of Disclosure of Mineral Projects (&#34;NI 43-101&#34;).</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">For more detailed information regarding the Company&#8217;s material mineral properties as at December 31, 2018, and technical information related thereto, including a complete list of current technical reports applicable to such properties, please refer to the Company&#8217;s Annual Information Form dated March 12, 2019, filed at www.sedar.com or the Company&#8217;s most recent Form 40-F filed with the SEC.</font></div><div><font><br></font></div><div id="i_0_34"></div><div style="margin-bottom:6pt;"></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">8</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div style="margin-bottom:6pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Alternative Performance (Non-GAAP) Measures</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">In this news release, we refer to measures that are not generally accepted accounting principle (&#34;non-GAAP&#34;) financial measures.&#160;These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning as prescribed by IFRS as an indicator of performance, and may differ from methods used by other companies with similar descriptions. These non-GAAP financial measures include&#58;</font></div><div><font><br></font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Cash Costs.&#160;The Company's method of calculating cash costs may differ from the methods used by other entities and, accordingly, the Company's Cash Costs may not be comparable to similarly titled measures used by other entities. Investors are cautioned that Cash Costs should not be construed as an alternative to production costs, depreciation and amortization, and royalties determined in accordance with IFRS as an indicator of performance.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Adjusted earnings and basic adjusted earnings per share. The Company believes that these measures better reflect normalized earnings as they eliminate items that in management's judgment are subject to volatility as a result of factors, which are unrelated to operations in the period, and&#47;or relate to items that will settle in future periods.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:13.02pt;">All-in Sustaining Costs per silver or gold ounce sold, net of by-product credits (&#34;AISC&#34;). The Company has adopted AISC as a measure of its consolidated operating performance and its ability to generate cash from all operations collectively, and the Company believes it is a more comprehensive measure of the cost of operating our consolidated business than traditional cash costs per payable ounce, as it includes the cost of replacing ounces through exploration, the cost of ongoing capital investments (sustaining capital), general and administrative expenses, as well as other items that affect the Company's consolidated earnings and cash flow.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Total debt is calculated as the total current and non-current portions of&#58; long-term debt, finance lease liabilities and loans payable. Total debt does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. The Company and certain investors use this information to evaluate the financial debt leverage of the Company.</font></div><div style="text-indent:-18pt;padding-left:36pt;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">&#8226;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;padding-left:13.02pt;">Working capital is calculated as current assets less current liabilities. Working capital does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. The Company and certain investors use this information to evaluate whether the Company is able to meet its current obligations using its current assets.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Readers should refer to the &#34;Alternative Performance (non-GAAP) Measures&#34; section of the Company&#8217;s Management's Discussion and Analysis for the period ended&#160;June 30, 2019, for a more detailed discussion of these and other non-GAAP measures and their calculation.</font></div><div><font><br></font></div><div id="i_0_37"></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:700;line-height:120%;">Cautionary Note Regarding Forward-Looking Statements and Information</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">Certain of the statements and information in this news release constitute &#34;forward-looking statements&#34; within the meaning of the United States Private Securities Litigation Reform Act of 1995 and &#34;forward-looking information&#34; within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things&#58; future financial or operational performance, including our estimated production of silver, gold and other metals in 2019, our estimated Cash Costs and AISC in 2019, and our expectations with respect to operating margins and future metal prices and exchange rates&#59; the ability of the Company to successfully complete any capital projects, the expected economic or operational results derived from those projects, and the impacts of any such projects on the Company&#59; the approval or the amount of any future cash dividends&#59; the ability of the Company to successfully put COSE and Joaquin mines into production and the timing thereof&#59; the future results of exploration activities, including with respect to the skarn exploration program at La Colorada, and the timing of any subsequent disclosure on such results&#59; our growth profile and opportunities as results of the acquisition of Tahoe&#59; and our ability to successfully integrate Tahoe&#8217;s operations and realize synergies and cost savings.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:115%;">These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include&#58; our ability to realize the anticipated benefits and opportunities as a result of the acquisition of Tahoe&#59; tonnage of ore to be mined and processed&#59; ore grades and recoveries&#59; prices for silver, gold and base metals remaining as estimated&#59; currency exchange rates remaining as estimated&#59; capital, decommissioning and reclamation estimates&#59; our mineral reserve and resource estimates and the assumptions upon which they are based&#59; prices for energy inputs, labour, materials, supplies and services (including transportation)&#59; no labour-related disruptions at any of our operations&#59; no unplanned delays or interruptions in scheduled production&#59; all necessary permits, licenses and regulatory approvals for our operations are received in a timely </font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">9</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="height:81pt;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.853801%;"><tr><td style="width:1.0%;"></td><td style="width:29.185944%;"></td><td style="width:1.0%;"></td><td style="width:0.1%;"></td><td style="width:0.532064%;"></td><td style="width:0.1%;"></td><td style="width:1.0%;"></td><td style="width:66.081991%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div><img alt="paaslogo1.jpg" src="paaslogo1.jpg" style="height:45px;width:189px;"></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#006ebf;font-family:'Calibri';font-size:12pt;font-weight:700;line-height:100%;">Q2 2019 NEWS RELEASE</font></div><div style="text-align:right;"><font><br></font></div><div style="text-align:right;"><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:9pt;font-weight:400;line-height:100%;">All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares and per share amounts</font></div></td></tr></table></div><div><font><br></font></div></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:115%;">manner&#59; </font><font style="background-color:#ffffff;color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:115%;">our ability to secure and maintain title and ownership to properties and the surface rights necessary for our operations&#59;</font><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:115%;"> and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.</font></div><div><font><br></font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;">The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation&#58; fluctuations in silver, gold and base metal prices&#59; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation)&#59; fluctuations in currency markets (such as the PEN, MXN, ARS, BOL, GTQ and CAD versus the USD)&#59; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather)&#59; risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the Company does business&#59; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards&#59; employee relations&#59; relationships with, and claims by, local communities and indigenous populations&#59; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner&#59; changes in laws, regulations and government practices in the jurisdictions where we operate, including environmental, export and import laws and regulations&#59; changes in national and local government, legislation, taxation, controls or regulations and political, legal or economic developments in Canada, the United States, Mexico, Peru, Argentina, Bolivia, Guatemala or other countries where the Company may carry on business, including legal restrictions relating to mining, including in Chubut, Argentina, risks relating to expropriation, and risks relating to the constitutional court-mandated ILO 169 consultation process in Guatemala&#59; diminishing quantities or grades of mineral reserves as properties are mined&#59; increased competition in the mining industry for equipment and qualified personnel&#59; and those factors identified under the caption &#34;Risks Related to Pan American's Business&#34; in the Company's most recent form 40-F and Annual Information Form, as well as those factors identified in the section entitled &#8220;Risk Factors&#8221; in the Company&#8217;s management information circular dated December 4, 2018 with respect to the Arrangement,  each filed with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities, respectively. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Investors are cautioned against undue reliance on forward-looking statements or information. Forward-looking statements and information are designed to help readers understand management's current views of our near and longer term prospects and may not be appropriate for other purposes. The Company does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.</font></div><div><font style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Calibri';font-size:10pt;font-weight:400;line-height:120%;"> </font></div><div><font><br></font></div><div style="position:relative;width:100%;height:45pt;width:100%;"><div style="position:absolute;bottom:0;width:100%;"><div style="text-align:center;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"></td><td style="width:31.918129%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:58.818713%;"></td><td style="width:1.0%;"></td><td style="width:1.0%;"></td><td style="width:3.847953%;"></td><td style="width:1.0%;"></td></tr><tr><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;border-left:1pt solid #ffffff;padding-left:1pt;padding-right:1pt;"><font style="font-size:8pt;font-weight:400;font-family:'Calibri';color:#6d6e71;background-color:rgb(255,255,255, 0.0);">PAN AMERICAN SILVER CORP.</font></td><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #0077b2;border-bottom:1pt solid #ffffff;padding-left:1pt;border-right:1pt solid #ffffff;padding-right:1pt;"><div style="text-align:center;"><font style="background-color:rgb(255,255,255, 0.0);color:#6d6e71;font-family:'Calibri';font-size:8pt;font-weight:400;line-height:100%;">10</font></div><div style="text-align:center;"><font><br></font></div></td></tr></table></div><div style="text-align:center;"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>chart-14ec66b126dd434f.jpg
<TEXT>
begin 644 chart-14ec66b126dd434f.jpg
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M) .Y53BM*-&MB*BITHN4GLDKM_)&-?$4,+2=6M-1BMVVDEZMZ'<T5XQ\*/\
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MUZ'I5%87PZ^)WPZ^+WA6#QQ\+/'&E>(='N25AU+1[Y+B%F'WEW(2 P[J>1W
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M'F7/:_+=7M>U[;VOI?:YT%%%%9FH4444 %%%% !1110 4444 %%%% !1110
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M[3E62YU*X92RQ0@D+]U2Q8D*J@DGH#\&_M\_!W_@J)^U?\-=%^'_ .TMX+^
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M:7ZK5G?GG$F<X:A;+\0XNCAXU)0A14[/EYKU)2M&$6ME'WDM4GHCW[_@IO\
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M2;)'ED0@AML94$$;B00/F;_@WVG\06OA?X_W7A)6.JQ^&],;3 BY)N FHF/
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M[,_A/]G'Q#\9OV8/#%YX6USP=I<NJ3Z>NKW-U;:A:P+OG!^T22.DBQJSJR,
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MI?\ :Z\3ZC?Z/I5U")M.L[MHOM4\Q=HK1''S0VT,:XVIM;YDPP^8G]6_VG?
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M,LS_ /"(_P#"-[=OF:<;+'VK[2<XSO\ ]5S]W_:HO/\ @F5]K_X*5C_@H?\
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M7[0'@2Z^&?QE\#6/B#0[ME::POD. ZYVR(RD-&XR<.A##)P>:^<M._X(@?\
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MP/K,!@,'EF#AA<+!0IP5DET_K=MZMZL^2_\ @FY_P2X_X=\>*?%'B7_A>?\
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MR05[--:J*>Z74Z<JX$X5R7&PQ>"P_)4A>SYZCM=-/24VMF]U^)SOQ=\':_\
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MO_P2=^&G[9_C"T^,GACQ[>^!O'UE%&@\0:?;>='=B+!B,L8=&$B8 65'5@,
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M)=7_ .A0O?\ OI:/^$EU?_H4+W_OI: -BBL?_A)=7_Z%"]_[Z6C_ (275_\
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M^$EU?_H4+W_OI: -BBL?_A)=7_Z%"]_[Z6C_ (275_\ H4+W_OI: -BBL?\
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M%"]_[Z6@#8HK'_X275_^A0O?^^EH_P"$EU?_ *%"]_[Z6@#8HK'_ .$EU?\
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MH V**Q_^$EU?_H4+W_OI:/\ A)=7_P"A0O?^^EH V**Q_P#A)=7_ .A0O?\
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M&_\ P4LO_@1\8-1^%.ERZ?XZUC7+/Q"[!(-1C^S:1>N+>XN("LFZ*6))%!;
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M(7E0#Y7X)_9:_;I_;X_;%\%?M(_MO_"O2_A_X2^'313Z3X<MKM9);ZXCE$P
M022, TJQEV<J"D:JJDDM0!X_^T[J7[0.J?\ !>W4-#_9[ETE/&9MK2P\+7WB
M"(O:Z:DGA^-Y[DK@[O+CDNG VL-W\+'@^_\ [-?[6?[6WP+_ ."@%O\ L/\
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MRD[1K.3M%-V2;>R39^AE%%%?3'X@%%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 5\V_\ !0G_ )E#_N(?^VU?25?-O_!0
MG_F4/^XA_P"VU?G_ (I?\D)C/^X?_IV!YF<?\BV?R_-'S;1117\?GPP4444
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M2_A=_P!QO_TR7]?)E?6?_!#3_E*7\+O^XW_Z9+^O5R'_ )'F%_Z^0_\ 2D?
M>+'_ ":S/O\ L"Q7_IBH?T,T445_2Y_B$%%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MEZD\18=1O0D9_&M"@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MW_P+:C_A!](_Y^;W_P "VH V*^;?^"A/_,H?]Q#_ -MJ]Z_X0?2/^?F]_P#
MMJ^>?V\M#M-&_P"$4^RRS-YGV[=YTQ;&/L_3/3K7Y_XI?\D)C/\ N'_Z=@>9
MG'_(MG\OS1\\T445_'Y\,%%%% !1110!Z3^R)_R</X>_[>__ $DFK[;KX>_9
M4L8=2^/F@V4[.J/]JR8W*GBUF/4?2OLG_A!](_Y^;W_P+:OZ@\%/^25K?]?I
M?^D4SZ_A_P#W.7^)_DC8HK'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VK]@/
M=-BBL?\ X0?2/^?F]_\  MJ/^$'TC_GYO?\ P+:@#8HK'_X0?2/^?F]_\"VH
M_P"$'TC_ )^;W_P+:@#\L?\ @Z)_YH;_ -S-_P"XFOR9K]6O^#G/0[31O^%(
M_999F\S_ (27=YTQ;&/[*Z9Z=:_*6OY^XW_Y*C$?]N?^D1/]??HN?\F*RC_N
M8_\ 4JL%%%%?*'[^%%%% !7UG_P0T_Y2E_"[_N-_^F2_KY,KZM_X(B6,.I?\
M%/\ X8V4[.J/_;63&Y4\:+?GJ/I7JY#_ ,CS"_\ 7R'_ *4CX#Q8_P"369]_
MV!8K_P!,5#^A^BL?_A!](_Y^;W_P+:C_ (0?2/\ GYO?_ MJ_I<_Q"-BBL?_
M (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC
M_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/
M^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_
M  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?
M_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -B
MBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^
M$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X
M0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_G
MYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\
MGYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ M
MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P#
MMJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8H
MK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'
MTC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?
M2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO
M?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]
M_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:
M@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ
M/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_
M (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC
M_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/
M^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_
M  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?
M_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -B
MBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^
M$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:@#8HK'_X
M0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\ GYO?_ MJ/^$'TC_G
MYO?_  +:@#8HK'_X0?2/^?F]_P# MJ/^$'TC_GYO?_ MJ -BBL?_ (0?2/\
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MXP2:T?B=\+_A]\9O NH_#/XI>$[/7-"U6'RK_3;Z/='*H((/&"K!@&5E(96
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M>"G_ "2M;_K]+_TBF?7\/_[G+_$_R04445^P'NA1110 4444 ?DS_P '1/\
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MO_R5&(_[<_\ 2(G^OOT7/^3%91_W,?\ J56"BBBOE#]_"BBB@ KZS_X(:?\
M*4OX7?\ <;_],E_7R97UG_P0T_Y2E_"[_N-_^F2_KU<A_P"1YA?^OD/_ $I'
MP'BQ_P FLS[_ + L5_Z8J']#-%%%?TN?XA!1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M7]+G^(04444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M/-_P0T_Y2E_"[_N-_P#IDOZ_H9K]K\-_^1'4_P"OC_\ 28'^87TU?^3IX/\
M[ J?_I_$!1117Z"?R %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 5\V_P#!0G_F4/\ N(?^VU?25?-O_!0G_F4/^XA_[;5^
M?^*7_)"8S_N'_P"G8'F9Q_R+9_+\T?-M%%%?Q^?#!1110 4444 >D_LB?\G#
M^'O^WO\ ]))J^VZ^)/V1/^3A_#W_ &]_^DDU?;=?U!X*?\DK6_Z_2_\ 2*9]
M?P__ +G+_$_R04445^P'NA1110 4444 ?$'_  5-_:<_: T#XX_"K]C#]GSX
MCP^!KSXD78&J>,9%!DMXFG6&..)C]PYWD[<.Q\M59<MGR;_@CUX8_P""A/@/
M3?A]XC\.:O#XJ^!WB:+5%U>PO;ZWB;P_-'J5Y SP+(_FEC+%YY" HPG<$;P&
MKZ-_X*,_L[_L;_MAZYX7_9\^,GQAL_"WQ)96N? \EK=)]O*2EE8>0W^NA=K=
MN"5.Z+Y6!W _"?[!7Q\_:[_8HO/@5)J?Q CU[X2_%[Q)?:38>&)I#*VGO'JQ
ML[AXU8;H'$LHG C8I)YC!ANR0 ?8O_!03X_?$WQK^UY\(O\ @G[\"?'FJ^'K
M[Q)J4>M>.=9T&_>VNH-*C\QC DL9#(6BAN';D'Y8>S$'&_X*X_M-?M+?#WXQ
M?!K]F[]D_P")P\,^(?'&HSQ7MW+%$\862:WM[9I6DBD*QJS3LS*I("$X.,5R
M7P4EE\4_\'"_Q,N]>^_HW@O;IB2<^6!9:;&-OIE99&_X&?6O2_VT?V _V5_V
MU?VQ?#M]\7_VGX[+7+#04L$^&NG:K9Q7]Y;Q^?<[T5F,R@B1G8B,Y1."OW@
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M5^P'NA1110 4444 ?-7_  4"_P""<'A7]MQ_#_CC1?B'?>"O'?A-\Z#XJT^
MR%4#B18Y%5T;Y9!O1U=61F8C.<5X#_P3,_X)3>)]$L_ G[0G[67C#Q#<ZIX0
MGO9/"'PYU2V:&#P_,+^=Q<-N=M[2/_I2A53YG0L7V@5^B=% 'Y__ +3&@-^R
MW_P6;^%O[3=XGD^&OBGIY\-ZQ>GA4U#R?LL:NW10<V)!/41R?W<CU7]N?_@F
M/9_M2_$[0_VB_A%\8M0^'/Q)T"%(K?Q#I]NTB7,:%C&'".C(Z[F42 G*-M96
M &/H/XM?!;X5?';PW#X0^+W@:QU_3K>^CO;:VOHR1#<1@A)4((*N S $$'#'
MUKJ ,# H ^1/V0O^"6]]\&_CU/\ M8?M+?'O4?BC\1# T.FZC?6IBAT\,GEE
MU#N[.XC)1?N*BNP"$X8?1WB?X(_#+Q#X:U'P_%X#T&V:^L9K=;E=$A8Q%T*A
MP-HSC.<9'3J*ZVB@#YR_X)W_ + 6A?\ !/OX7ZSX.O/B':>*[J_UR74_[?D\
M/+I\EM$UO#&8>9ICM'DER=P'S=.,GP__ ()'^&KKXW_M0_'C_@H!<6[C2_%'
MB2?1/"$\BD&>R6<2NW/4!([)<CC<KC^&OO'Q%X?T?Q9H%]X6\0V*W-AJ5G+:
MWUL[$"6&12CH2"" 5)'!SS6?\-_AIX!^#_@JQ^'/PP\)V6AZ'IJ,MCIFGQ;(
MH0SEVP/4LS,2>222: -RBBB@ HHHH **** "OR9_X.B?^:&_]S-_[B:_6:OR
M9_X.B?\ FAO_ ',W_N)KY3C?_DE\1_VY_P"EQ/W_ .BY_P GURC_ +F/_46L
M?DS1117\_'^OH4444 %%%% 'UG_P0T_Y2E_"[_N-_P#IDOZ_H9K^>;_@AI_R
ME+^%W_<;_P#3)?U_0S7[7X;_ /(CJ?\ 7Q_^DP/\POIJ_P#)T\'_ -@5/_T_
MB HHHK]!/Y "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBO$
M_P#@HO\ M ^,OV7?V,O&_P ;/A[;(^MZ79V\.F22PB1+>6XNH;83E3P?+\[>
M 002H!&": /:!=6INC9"YC,RQAVAWC<%)(#8ZX)!&?8U)7YH0?L??M(O\;]6
MUGX+_ML>/]7^)]M\$=!\4:=KM]XB5[#6;N?4-1!L6B=?+^P$1 Q1L2B-(SG(
M8BOHO]OKX^_M!_!7]@2Q\3Z9<6WA[XK>(+G0]'A.F,D\5MJMQ-%]H6'>&5U*
MI.%R#P0>U 'U)17REX6_9$_;@@\1V\]Y_P %7=6U6+3[R)]2TQ/AUIR^8@8%
MHF*S$IN *YQD9S5[]JOXF?'GXJ?M1^&OV&_V<?B,/!<L_AB3Q3X_\8V]K'/>
M66EB?[/%;VJR J)9)<@MC*@JP. 0P!]/T5\?^"O&W[0'[&'[97@O]F[XP_'3
M4_B-X#^*UC?)X5UKQ);1+J6D:I:(LCP22Q*/.CD5D R,[G7 4(Q?[ H ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "OFW_@H3_S*
M'_<0_P#;:OI*OFW_ (*$_P#,H?\ <0_]MJ_/_%+_ )(3&?\ </\ ].P/,SC_
M )%L_E^:/FVBBBOX_/A@HHHH **** /2?V1/^3A_#W_;W_Z235]MU\2?LB?\
MG#^'O^WO_P!))J^VZ_J#P4_Y)6M_U^E_Z13/K^'_ /<Y?XG^2"BBBOV ]T**
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *_//\ X+S_ +#7
M[4O[:'_"JO\ AFGX7?\ "2_\(U_;O]M?\3NQL_LWVC^S_)_X^IXM^[R)?NYQ
MMYQD9_0RBO/S7+:&;X">$K-J,K7M:^C3ZIK==C[#@+C7-?#OBS#<0Y;"$ZU#
MGY544G!\].5-W490E\,VU:2UM>ZT?\\W_#C3_@J7_P!&O?\ E[:)_P#)M'_#
MC3_@J7_T:]_Y>VB?_)M?T,T5\=_Q#?(_^?E3[X__ "!_1_\ Q.KXI_\ 0'@O
M_!=?_P":#^>;_AQI_P %2_\ HU[_ ,O;1/\ Y-H_X<:?\%2_^C7O_+VT3_Y-
MK^AFBC_B&^1_\_*GWQ_^0#_B=7Q3_P"@/!?^"Z__ ,T'\\W_  XT_P""I?\
MT:]_Y>VB?_)M'_#C3_@J7_T:]_Y>VB?_ ";7]#-%'_$-\C_Y^5/OC_\ (!_Q
M.KXI_P#0'@O_  77_P#F@_&S_@E/_P $I_V^/V;/V^/ ?QJ^-7P&_L7PSHO]
MJ?VGJ?\ PE&E7/D^=I5W!'^[@NGD;,LL:_*IQNR< $C]DZ**^IR3),)D.$EA
M\/*3BY.7O--W:2Z)::'X/XH>*&?^+.?TLWS>E2IU:=*-)*E&<8\L9SFFU.=1
M\UZCN[I62TW;****]@_. HHHH **** /DS_@J)_P5$_X=L_\(-_Q8W_A-/\
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MQY\6>%?C5\)/BK<> OB3X(:9= \3P:>EW%+;2C$MI<P,5$L3<XY^7<QP=Q%
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MHHHH **** /0_P!E2QAU+X^:#93LZH_VK)C<J>+68]1]*^R?^$'TC_GYO?\
MP+:OCS]D3_DX?P]_V]_^DDU?;=?U!X*?\DK6_P"OTO\ TBF?7\/_ .YR_P 3
M_)&/_P (/I'_ #\WO_@6U'_"#Z1_S\WO_@6U;%%?L![IC_\ "#Z1_P _-[_X
M%M1_P@^D?\_-[_X%M6Q10!C_ /"#Z1_S\WO_ (%M1_P@^D?\_-[_ .!;5L44
M 8__  @^D?\ /S>_^!;4?\(/I'_/S>_^!;5L44 8_P#P@^D?\_-[_P"!;4?\
M(/I'_/S>_P#@6U;%% &/_P (/I'_ #\WO_@6U'_"#Z1_S\WO_@6U;%% &/\
M\(/I'_/S>_\ @6U'_"#Z1_S\WO\ X%M6Q10!C_\ "#Z1_P _-[_X%M1_P@^D
M?\_-[_X%M6Q10!C_ /"#Z1_S\WO_ (%M1_P@^D?\_-[_ .!;5L44 8__  @^
MD?\ /S>_^!;4?\(/I'_/S>_^!;5L44 8_P#P@^D?\_-[_P"!;53U[1_!7A;2
M)]?\3^)#IUA:ION;V_U3R88E]6=R%4>Y-=)7YL_\%P==TU_VBO@9X+^/VJ:O
M9_!F[OY9_$YTTR!995FC64OY>68I"R8P"ZK)(4^8T ?;/P+^*7[/O[2W@R/X
M@? [XF#Q!I;R2(9;>ZECEB9)'C(DAE"RQ?,C8WJ-PPRY4@G>\:S?"[X;:&WB
M?XB^/K70--658VU#6M=2U@#L<*IDE95R>PSDU^>/_!'3]B7P)K%CX _;)^#O
M[1CZ1K>GPZG9^.O!ECMNOMZ?VC>1Q+<?OPUNK6PMV"-&<F..4<G)[S]LCQ!<
M?M9_\%8OA/\ L622F3PGX""^*O%=F>4N+Q(FN8TD7^)1&L"#VNY* /MS7-*\
M#^&-*?7?$OB?^S[&( R7E]JHBB0'IEW( _.F>&K3X?>,]-&M>#_%\>K698J+
MO3-8$\18=1N1B,\CO7RG^V3_ ,$WOC+^VY^V9X>\4_%_X@V/_"DM$L0B>&M,
MU>>*_,PA=G<QF'R@TDY5#('+>4@ VGI\_?LS> M$_9$_X+:I^S=^R9XJU*[\
M%WVD2IXQTB>_-Q%:E;"2<QR/T+13"$JQ^93(8R?F;(!^D_BN7X8> [:.\\<>
M/+;1H9FVQ2ZMKB6ZNWH#(P!/TJ>XL? -IX;E\977BQ8M'@M&NYM5DU<+;1P*
MI9I6E)VA H)+$X &<U\577_!(7Q9^T9^U?X_^/'[?OCNVUW0+Z23_A"M,\-^
M(+A/L-KYK^7%+YD*>4(H0@VH2K.[LQ)R3P__  1 N+F/XR_'G]G#PIXDN?%'
MPATF^ECT62_;S8)%>ZG@C<8^4?:+=&9P  _E@X% 'Z'>&M.\">,]"MO%'@_Q
M4-5TR]C\RSU'3=6$\$Z9QN21"589!Y!/2KW_  @^D?\ /S>_^!;5\._\$>/&
M^L?!WXS?&3_@G7XCU.6XM_A_XCN=0\'F=]S#3VN#'(.>BDO;2@?WKB0]Z^^J
M ,?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:MBB@#'_X0?2/^?F]_P# MJ/^
M$'TC_GYO?_ MJV** ,?_ (0?2/\ GYO?_ MJ/^$'TC_GYO?_  +:MBB@#\C?
M^#G/0[31O^%(_999F\S_ (27=YTQ;&/[*Z9Z=:_*6OUF_P"#HG_FAO\ W,W_
M +B:_)FOY^XW_P"2HQ'_ &Y_Z1$_U]^BY_R8K*/^YC_U*K!1117RA^_A1110
M 5]6_P#!$2QAU+_@I_\ #&RG9U1_[:R8W*GC1;\]1]*^4J^L_P#@AI_RE+^%
MW_<;_P#3)?UZN0_\CS"_]?(?^E(^ \6/^369]_V!8K_TQ4/Z ?\ A!](_P"?
MF]_\"VH_X0?2/^?F]_\  MJV**_I<_Q",?\ X0?2/^?F]_\  MJ/^$'TC_GY
MO?\ P+:MBB@#'_X0?2/^?F]_\"VH_P"$'TC_ )^;W_P+:MBB@#'_ .$'TC_G
MYO?_  +:C_A!](_Y^;W_ ,"VK8HH Q_^$'TC_GYO?_ MJ/\ A!](_P"?F]_\
M"VK8HH Q_P#A!](_Y^;W_P "VH_X0?2/^?F]_P# MJV** ,?_A!](_Y^;W_P
M+:C_ (0?2/\ GYO?_ MJV** ,?\ X0?2/^?F]_\  MJ/^$'TC_GYO?\ P+:M
MBB@#'_X0?2/^?F]_\"VH_P"$'TC_ )^;W_P+:MBB@#'_ .$'TC_GYO?_  +:
MC_A!](_Y^;W_ ,"VK8HH Q_^$'TC_GYO?_ MJ/\ A!](_P"?F]_\"VK8HH Q
M_P#A!](_Y^;W_P "VH_X0?2/^?F]_P# MJV** ,?_A!](_Y^;W_P+:C_ (0?
M2/\ GYO?_ MJV** ,?\ X0?2/^?F]_\  MJ/^$'TC_GYO?\ P+:MBB@#'_X0
M?2/^?F]_\"VH_P"$'TC_ )^;W_P+:MBB@#'_ .$'TC_GYO?_  +:C_A!](_Y
M^;W_ ,"VK8HH Q_^$'TC_GYO?_ MJ/\ A!](_P"?F]_\"VK8HH Q_P#A!](_
MY^;W_P "VH_X0?2/^?F]_P# MJV** ,?_A!](_Y^;W_P+:C_ (0?2/\ GYO?
M_ MJV** ,?\ X0?2/^?F]_\  MJ/^$'TC_GYO?\ P+:MBB@#'_X0?2/^?F]_
M\"VH_P"$'TC_ )^;W_P+:MBB@#'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"V
MK8HH Q_^$'TC_GYO?_ MJ/\ A!](_P"?F]_\"VK8HH Q_P#A!](_Y^;W_P "
MVH_X0?2/^?F]_P# MJV** ,?_A!](_Y^;W_P+:C_ (0?2/\ GYO?_ MJV**
M,?\ X0?2/^?F]_\  MJ/^$'TC_GYO?\ P+:MBB@#'_X0?2/^?F]_\"VH_P"$
M'TC_ )^;W_P+:MBB@#'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VK8HH Q_^
M$'TC_GYO?_ MJ/\ A!](_P"?F]_\"VK8HH Q_P#A!](_Y^;W_P "VH_X0?2/
M^?F]_P# MJV** ,?_A!](_Y^;W_P+:C_ (0?2/\ GYO?_ MJV** ,?\ X0?2
M/^?F]_\  MJM:5H%EH\CR6LL[%UP?-F+#]:O44 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 5C_$+_ (38^ =<'PT:R'B/
M^Q[G_A'SJ2%K<7OE-Y'F@$$Q^9MW $'&>16Q10!^,7Q!_P""DK_$+XP_#?3O
M^"A_P'GN=7^&FH^+;?Q?X:70D6+48K[3!!:0B"5OED6<;2QX "2*Q/ ][_8
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MR7]>KD/_ "/,+_U\A_Z4CX#Q8_Y-9GW_ &!8K_TQ4/Z&:***_I<_Q""BBB@
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110!\>?\%(?VTOVG/V(OBSX$^(VB^!+?6?@Y=[8/&<EIIC27
MMO<"5PX\XN$B#1/&T88 ,\3J6&1CX!_9!\-Z9^U3\2?V;_ G[/GPHO;7Q+\.
M/$E[JWQ-\<16"Q1?9#K;7ML))5/SM' I52^"6F$:Y X_;ZXMX+J![:Z@22.1
M2LD<B@JP/4$'J*XS]GCX ?#W]F'X2Z;\%OA=;W,>C:7+<R6WVV823,T]Q).Y
M9P!N^>5@..% ':@#XA^'5A+\*O\ @X6\76FL)LC\=^!VET5G&/-'V*UD<C/H
M]C<#C^X?>O+_ /@NA^WYXEU'XHR?L0^"=>NM+\-Z:EM)X_O-/4-/?R2JDRVP
M&Y0T<<3HQ3< \C;6("<_8?[=W[(?Q,^)GQF^%?[6/[.UO8OXX^'6O(M[97UV
M+=-4TAV+2P&0@X89D4#@8N).<@5]0@Y&2,>U 'YS?\$P_P#@HI^Q!H6O>$_V
M*_V;O@-XOT677+F19-:UA;-GO;E8'E>XNI(Y2SL1&0,#"C:JA5  \W\!_&'3
M/^"1'_!2#XO7?[0'@K7O^$.^()NM0\-:II%@LOGJ]T;F$)N9%8*)987P<JZK
MD;3D?K#535]!T/Q!;+9Z]HUI?0JX=8KRW650PZ$!@1GWH _/C_@AW\+_ !UX
MM\??%[]N+QEX6NM)LOB+K<I\.1W2%3<1RW4UU<2+G&Z,,\2*XX8J^/NFD_8W
MLIOB7_P7+^/?Q2TL%M-\/:(^EW$R#*BZ4V5J(S_X"7!^L=?H)XEN-;TSPO?W
M7A+1XKW4;>PE;3-/DF$23SJA,<1<\(K, N>P.:^>_P#@F9^QQXN_90^%.NZS
M\8;VUO/B)X]\13ZUXRO+27S$$A=_*A5\#>%WO(3_ 'YW R #0!])T444 %%%
M% !1110 4454U[Q!H/A;2)]?\3ZW::=86J;[F]O[E888E]6=R%4>Y- %NBN+
M^!?[1/P4_:6\&1_$#X'?$.R\0:6\DB&6W#QRQ,DCQD20RJLL7S(V-ZC<,,N5
M()WO&OC[P+\-M#;Q/\1?&NDZ!IJRK&VH:UJ45K '8X53)*RKD]AG)H UJ*16
M5E#*P((R"#UK-\,>-O!GC>WGN_!?BW3-7BMIS#<RZ7?QW"Q2  E&,;$*V".#
MSS0!IT5B>+?B9\-_ ,T%MXZ^(.B:+)= FUCU;5H;9I@" 2HD8;L9&<>HJ]>^
M(_#VF^'YO%NHZ]96^E6]FUW/J<]TB6\=NJ[VE:0G:$"@L6)P ,YQ0!=HJCX:
M\3^&_&>A6WBCP?XAL=5TR]C\RSU'3;M)X)TSC<DB$JPR#R">E7J "BBB@ HH
MHH **** /R9_X.B?^:&_]S-_[B:_)FOUF_X.B?\ FAO_ ',W_N)K\F:_G[C?
M_DJ,1_VY_P"D1/\ 7WZ+G_)BLH_[F/\ U*K!1117RA^_A1110 5]9_\ !#3_
M )2E_"[_ +C?_IDOZ^3*^L_^"&G_ "E+^%W_ '&__3)?UZN0_P#(\PO_ %\A
M_P"E(^ \6/\ DUF??]@6*_\ 3%0_H9HHHK^ES_$(**** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH XO\ :%_Y(_J__;O_ .E$=?,=?3G[0O\ R1_5_P#MW_\ 2B.OF.@ HHHH
M **** "BBB@#[0HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MXP#C8_X(K0/\4OVV/VC/VEM#5I=!U77;I;"]*86<WFI3W2[?I'&I([;USU%
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M *L;_P#,F?\ WMK\F:*_'O\ 7?BC_H(_\DA_\B?Z/?\ $KG@5_T*/_+C%?\
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MG%%?G1\8OV@/VU/VXOV^/%W[''[*'QKB^&GAOX>64K:QK4<&ZXO9XGBBD)8
MO_KI=BHK*NU&=B20HZK_ ()D?MG_ +1FH?M'>./V!/VP_$%MK?BSP>DTVD^)
M(456NXX9$62)BJJ) 4ECEC<J'V[]^3C !]VT444 %%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% '%_M"_\D?U?
M_MW_ /2B.OF.OIS]H7_DC^K_ /;O_P"E$=?,= !1110 4444 %%%% 'VA111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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MS\F?^(7;_J^3_P QG_\ ?*C_ (A=O^KY/_,9_P#WRK]9J*^?_P!2.%_^@?\
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M^ Q_QH^Q>-_^@W9?^ Q_QH V**Q_L7C?_H-V7_@,?\:/L7C?_H-V7_@,?\:
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M!NR_\!C_ (T ;%%8_P!B\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"- &Q16/\
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M^SKXD^+/[0VF_!^W-[X8T[4K4V&BJ_E+=7TT\I,,4KW"O$)E+;ER,X9"W(_
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M:OXD\.6NJ16-YH%M=6L$LL8<1L"P+IDXR1T['I7U?^U9_P FN_$G_L0=8_\
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M*[@^(_C[7+*UGF11+*=22W*M/<R[@6C;*]$Y &*]4\:_"_\ :2M[#X"?M=_
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M5X,!KCR<(P*_<W#/&W$8O)<!@*KP]64G-RFHM6M:$Y0U6]Y<K=TTHJSL]37
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M_;9\57/P'_9)\0_%[XL0^&-+L_%;-J]I:Z7X;MV1I(+9;FZ!6%Y58R.J@A@
M1R' \D^"7P&^(?[1'[-_[5?P%AT/0? .O:I\3XKE- M[\3:787:K9W36K2HB
M@QR&$1NRJ!\QPI P>2ED."E@H5*LG!_NW)MP^&;2;5->^DD[J3TDMDKH[:W$
M^8PS"=&C"-1?O5&,8S7O4XR:3JO]VW)Q:E"*O!O5NS/L[X)?MK_LI_M'>([K
MP?\ !/XY:'K^JV<;23:=;3,DQC!PSHDBJ9$!(RR9 R,GD4WXO_MN_LF? /QI
M;_#OXP_'KP]H.MW(1ETZ[NB9(E895I=@(@4CD-)M!'.<5\U_#WXT)_PT_P#"
M_P +_MQ_L-3_  T\=:;>7&F_#SQKX7O5ET6[N)K<QM;;X"-BNF52%VE +<A>
M2//?V./%7[2'B+P?\1O&>A_\$Y-$^*J^._'VM'Q)XIUCXCZ=927BK<-$+%K>
MY@=TAB50JH3MYR ,UT?ZN813E4E=4THV3JTE=R<E>-5M0:M%NUE*_NVTYCF_
MUMQTH0HQY75E*5VJ-=N*C&+:E12=2,FYI7NXV]Z[NHGZ$^-/BM\-/AU\/Y_B
MKXX\=Z5I?ANWM4N)=<N[U%MO*?&QA)G#;MRA<9W%@!DD5\V_\-J^#OCC^VI\
M$-%_9Q^.5MK?@_7-.\5+XEL=+F^26XMK2WD@$\;J'1E+EEW 9#9Y%>&^"OA/
M\5-!T7]E+]DK]I_PA%;:,_Q*\17DF@7&LP:C"UO96\MSIEO++&S).J&9D"G@
MB, J.!7MWQJ^%7P_\(?\%7?@+\0_"_A^RL=5\0>&?%5KK#6<"Q_:$M;.(P.X
M7&6 N)%W'G"J,X4 32RO+L!5G"4G4E*G7<&N5PM&-2*?75\KDFG9:;WNG7SK
M-\SHPJ0@J4(U<-&<7S*IS3E2G)+;1*:BTXWE>3=K6?UM1117QA^A!1110 44
M44 %?!?[+/[<OQ8TO_@HK\2?@'\;_$-W>>"_$/CW5-$^'VH7FWRM.U*S(D-@
MK #:LD$R;0V<NB!<EFK[TK\^? _[,[?M3>"/VI? ^@WGV'Q3I?[0=_K/@?5U
M?8]AK%M#"]O(K_P!CF-F[+(3U KZ;A^.!GA\4L6ERN,8\W6'--)27H[-]U==
M3X[BF>90Q6#E@9/GC*<N5/2:C!MP?^)72OM*SZ'T3XH^)GCVS_X*7>%/A':^
M*+I/#5[\(]1U.ZT=6'DRW:7\4:3$8SN",1UZ&NE^(O[=/[(/PD^)$?PC^)'[
M0GAK2/$3NB2:;=7O-NS8*B9P"D!((.)&7@@]"*^6/V7OVH)/VGOVX?A]\2K_
M $LVWBG2O@;K>E^,M"V;)++6;7485N(2A^YN;#JIZ+(H/(-<'^P_??M'^./V
M-;@6?_!-+1?B98?$FYU2^\3^-[_XHZ;9SZ]/-=SH\CQ30/)$8B#&H+94Q[Q@
MM7JU>'J2C'ZU[OLXPBTITX7E*537FFU%V4'IO+2S2NUXE'BJLYR^IMR]K.I.
M+<*M2T8QI>[RTTY*[FM7I'6Z;:3^J?VY_P!M_0?V8?&_PJ\)CXCZ%I$?BCQG
M;?\ "3R:@59X=""2F2=2>$0R(B&3!P&.,$@CZ+TO4]/UK3+?6=)NTN+6[@2:
MVGC.5DC90RL#W!!!_&OS\O?AC\1O"/P-_8U\#?M&^'+)O%6E_%6WTK48Y+B"
M^!LXTOEMHS-&SI(GV=8#@,1V/(K]"(HHK>)8((E1$4*B(N H'0 =A7B9SA,'
M@\-0A1UDO:)R334N6;BFK+:RTU>A]'P_CLPQ^,Q-2O[L6J3C!IJ4.:G&3B[O
M=-ZZ+6XZBBBOGSZD**** "BBB@ KXOTJX_:0_P""CWQ2\9:EX%_:+U[X8?"'
MP9XBN/#^CR>"]L6J>([ZWP+BZ:Y89B@#-A N0PZC<I-?:%?)W_!'.ZMM#_8^
MO? FL7:1ZMX/\>:_IOB6.9MK6]TEX\K;\]/DD4Y/]*]W*Y?5<OQ&+@DZD7",
M;I2Y5+FO))IJ_NJ*;6G-IK8^:SF'UW-,+@:DFJ4U4E*S<>9PY%&+::=O><FD
M]>772Z(?@_XZ_:$_9 _:K\/?LF?M"?%V[^(?A#XAV%W+\._&FL6ZIJ-I?6J"
M2;3[IUXE!C.Y9&^8L5 ZD*B?"[]MC]K#QYX]\:ZC^T7XQ^#FBZ#XHNM'^'GA
M[2]"BC^V0VX4+JET9TW7,4[DLJ A=H.#ZQ_MK^*O#/Q0_:=_96T#X<>(+'5[
MF^\?W.O6=YI5TEQ&^FVMKNGE5T)!C8' 8'!VG'3CIOVPOVE_B'K'C=/V(_V1
M%6[^)_B"P\S6M<SFU\%:8^ ]_<,.DQ5OW4?WB65L<HK^Q'ZQ4G1K4J<(U:L&
MYR<8\L5"<HN;BURQNHI2TU:=M96/ E]5I4\10K5:DJ%&HE3C&<N:;G3C*--2
M4E.5G)N*YM$U=VC==9_P3\^/GC7]HW]F+2/'?Q+6U;Q)97]]H^NW-B@6"[N;
M.X>!KB,   2!%<@  ,S    5S/[0.B_M4_'K]IFW^ _P[^('B3X:_#S1_"JZ
MKKGC70]*7[3K%_),42PM[F5&CC$: 2,5^8[B"",$>L_LX_ 7P7^S'\$_#_P-
M\ "1M-T"R\H7$^/-NIF8R33OC^.21W<XX!; X KF/VP/VM=!_99\&6(L/#MQ
MXF\:^)[O^S_ O@K3CFYUB].,#C)2%-RM)(>%! ZL ?(I58U,[J/+Z2ESN7(F
ME:*;T=G=*R[Z1WZ7/=K4)4>'*4<TK./)&#J--WDTE>/-&TGS2LO=UEM;WK'B
M?PT_:M^+'[,FE?M!_"WX^>.V\>W/P2T:TUGP_P");NV6WN-4M;RT>:WM+GR_
ME\U9%2/?U82$]A7.^)M1_;2_9.^$/A;]NKXK?M1:GXHM[B^TN?XG^ ;W3((]
M,L].OYHHF%B$4-%);M/& V?GVDMQE6J?M#?LL^._@W_P3$^.'CCXKZ]%K7Q0
M^(5O!KOC[5+7(A1H[B$I908_Y86\(=%^K8PI 'I__!4C5=,U#_@EGXRO; *\
M.HZ#HZ:>D8!\PRWMF(E4#KDLN,5]'3E@IXRBJ,8RC6K*G-\JLTH4U)QT]U2E
M.<ERVZ/2R2^3JQS"G@*[KSG"6'H2K4TYRO%RG6E!3L_?<(0A!J3DM9+6[;V_
M^"@O[8/C/]GWP5=_#_X&?#[5/$7Q!U;PW>ZC8-;6A-GHEC C>=J-U*V$58P"
M53.7<*O<9RKS]JWQG\$O^"36A_M5:O(^O^)8?AGHURLVH$N;O4KM+>".27&"
MP,\ZLP!!(SR,YKUS]I>V>T_9+^(,$X'FQ_#G54D/J182CK]<UXYX)^!OA_\
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M)\?M&>/W\,?#S]I_]LAO&OPZ\(ZI;7UMX>M_"<=G=ZTUL0;>._N!(QD1,#<
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M965Y2;=DM$KV7S84445Q'H!1110 4444 %%%% !1110 4444 %%%% !1110
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M?"J(I)9L $[B23NZ=HVCR?\ !43X@:%)I-LUBO[/VF1+9M IB""_G 79C&T
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MQ=\#_P#!3?Q;%KVK^&K/5K33M;\/6MQ8^=-;I,().22FYMN[:V!SM/2O=/\
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MSF;)"X!_&J_PR_;J_9!^,GQ$D^$_PP_:#\-ZSX@1G$>G6EYS<% 2WDN0$GP
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M!7[6O[-W[3,FH0? CXP:/XDFTHC^T+:RE9985)P',;A6*$C < J3T-9?CO\
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M;6&E:?<^%O&MK\7M)\^QO(_*D34D_<HWFR%<L?,#-YC L<UZO;_"/PO\7?\
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M1LX+9-MKSU=]^MD4445X1]*%%%% !1110 4444 %%%% !1110 4444 %%%%
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MJUY-*[=E\3N]]=7?GI<-9-2GS*FWJK)RDU&S;M%-M1C=WY4E%Z:62M\;Z?\
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M0/[*/CCXOG6?V/-.^-?PK^)7BF_UK6=6T"[C.N:=%<QJ)+.6%PSS)"JGRU0
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MM^^!_P!I#XG_ !6\,7WQ9\-W,/AWQ+</X3M[&58P^@000!KUF)^=#+(VZ0G
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M:=H[+VW]GWQ!9:/HGQ'U[Q/^TG9>,K'3_B-K4EQ?S;+>+PM A1CI,CER +4
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MTC4CB>55(\K<>6<)1YKZ2C/=)I\LXMQGK9*PM%%%>"?3!1110 4444 %%%%
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MW5]7U>KU.S!X/#Y?AHX>A'EA'1*[=EV5^BV2V2LEH@HHHK Z0HHHH *^9?\
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M))*R2222279'JX+ X?+Z'L:*=KMZMR;;=VVVVVV^K84445S'6%%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !7B'[9'[*?CS]H>_\
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M4)0I^TK*E*-N;EBJCLU+6\N71IKEYM5:-KOZJ^)7[;/[*'P?\&Z#X_\ B/\
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MS]+Z6T,Z&197AZ"HTZ=HITW:\MZ2BH;N_NJ,?6VM[L^2-7_X)R?&72+7Q/\
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M$?EGUW#&*]&\*>%/#7@7PU8^#?!NA6NF:5IEJEMI^GV4(CAMX4&%1%'"J!P
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MRDV^I[<8J$5%=/G^+"BBBD4%%%% !1110 4444 %%%% !1110 4444 %%%%
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M4'/DE)3E[J3C[KU:_2BBL[PB_B&7PGI<GBV!(M5;3H#J<<; JEQY:^8 5R"
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MJ&@>(]+(D,31WEM-;7<1R ZB2('@C<NX!AG([32_V _VBO'GQ#\ _%?]IO\
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MB@8"@#H !C%2445Y.Y[B22"BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>chart-2f435b4706b34259.jpg
<TEXT>
begin 644 chart-2f435b4706b34259.jpg
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MNOP'_P""X/PY^)'Q^T_]G[XO_L_>)?AWJ&L:A%8Z7<ZO<B3$\I A6XC:.-X
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MSLR'+:N9<&XS"1K2IT:5:NDHNW-3BFU"^ZBY-WMNKKJ?)_\ P;H_\FA^,/\
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M[,'@GX'_ /!)CQW\ /@UHKP:7H'A$W";OFFN#!/'=3W$K ?-(_EN[' '.
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M5KHLRPVT%POWK<2[9&DE4@A@D9"D$%MP8#<_8I_X*]? ?]K[QX?@YJOA;5/
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M!ZNBKI5)T:D:D=TTUUU7D]'\S.M2A7I2I3VDFGJUH]'JK->J=SYO_P""</\
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M/^".Y^%'Q\A_:D_:@^/VH_$_QG8S+/ICWT4OEP7"KM2>22:222=T&/+!VJA
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MM^WSHF3=C.,C&:^6O^":_P#P3*_X=YWWC"]_X79_PE__  ED5BFW_A&_[/\
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MJ4/<I74+2FFE+XES<W,T^J;9Y7^QS^R1\-?V*_@G9_!?X:M/<1I.]WJNJW8
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MDM-;NVESP3XDV'PR_P""=?\ P3Z\0:?\.XVL=(\#^#[I-'-S*#)/?2[A$TC
M &26ZF4L0 -TAP ,"O'_ /@@W^S[J/PA_8U;XB^(;)H-0^(.L-J<*.N&%A&H
MAMLC_:(EE![K,M?37[2O[,GPK_:R^'B?"OXRVE_=:&NHQ7LMG8:E):^?)&&V
M!VC(+("Q.W.,A3U KN-%T72?#>C6GAW0-.AL[&PM8[:RM+>,)'!"BA415' 5
M5   Z 5+SA+)*N&NW5K5.:I)]5'6*ONVY-MOT*CD,GQ'1QC48T</2<*45TE+
M23M:R2BHQ2UZ[6+-%%%> ?4!1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%97CG_A)?^$)UC_A"]G]L?V5<?V3YF-OVGRV\K.>,;]O6@#AOB1^V?\
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M^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\
MZ%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\
MH4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI
M: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_O
MI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V
M**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$E
MU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (27
M5_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+
MW_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4
M+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^
MEH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:
M/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_
M (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?
M_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU
M?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]
M_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W
M_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -B
MBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^
M$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\ Z%"]_P"^EH V**Q_
M^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\ H4+W_OI:/^$EU?\
MZ%"]_P"^EH V**Q_^$EU?_H4+W_OI:/^$EU?_H4+W_OI: -BBL?_ (275_\
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M9/,/RIN;B@#OZ*@OM4TS3+7[=J6HP6\&0/.GF5%YZ<DXJC_PG7@C_H<=*_\
M!C%_\50!JT5%9WMGJ%LE[I]W%/#(,I+#(&5NW!'!J6@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MI(Z_:'_O&@#[>_9E^ _A_P#9B^ OACX#>%]4N+ZS\-Z:+=;V[P)+B0LTDDA
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ME:/JF@?L^^ #H%IK-XMUJ<;:O=WAGF5=H;==2R,..P(%>CT4 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M 5_0S_P0T_Y1:?"[_N-_^GN_K^>:OZ&?^"&G_*+3X7?]QO\ ]/=_7Z!X;_\
M(\J?]>W_ .E0/Y!^FK_R:S!_]AM/_P!,8@^LZ***_;#_ #!"BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
M HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *JZ[HNF>)-$O/#NM6H
MGL[^UDMKN%CQ)$ZE64X]02*M5E>._"__  G'@?6?!?\ ;-WIW]L:5<67]H:?
M,T<]KYL31^;&ZD%77=N4@@@@$&@#\[M?^!'[<?[ ?Q)^%'P\^#T_A_XL^#]%
M\2ZW<?#GP[J$QT_5XO,TV\DN+668XB95ADF=6R2T@ "JI"5]=?LT?'_X/_\
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M]NG_ *5PU\_Q9_R2N/\ ^O-7_P!(D<N-_P!SJ?X9?DSXDHHHK^'S\]"BBB@
MHHHH ^V_V1/^3>/#W_;W_P"E<U>DUYM^R)_R;QX>_P"WO_TKFKTFO[@X3_Y)
M7 ?]>:7_ *1$_0L%_N=/_#'\D%%%%?0'4%%%% !1110 4444 %%%% !1110
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M^)****_A\_/0HHHH **** /MO]D3_DWCP]_V]_\ I7-7I->;?LB?\F\>'O\
MM[_]*YJ])K^X.$_^25P'_7FE_P"D1/T+!?[G3_PQ_)!1117T!U!1110 4444
M %%%% !1110 4444 %%%% !1110 4444 ?)G_!<O_E%I\4?^X)_Z>["OYYJ_
MH9_X+E_\HM/BC_W!/_3W85_/-7XGXD?\CRG_ ->U_P"E3/\ 3[Z%7_)K,9_V
M&U/_ $QAPHHHK\_/Z^"BBB@ K^AG_@AI_P HM/A=_P!QO_T]W]?SS5_0S_P0
MT_Y1:?"[_N-_^GN_K] \-_\ D>5/^O;_ /2H'\@_35_Y-9@_^PVG_P"F,0?6
M=%%%?MA_F"%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !7FW[7?\ R;QXA_[=/_2N&O2:\V_:[_Y-X\0_]NG_
M *5PU\_Q9_R2N/\ ^O-7_P!(D<N-_P!SJ?X9?DSXDHHHK^'S\]"BBB@ HHHH
M ^V_V1/^3>/#W_;W_P"E<U>DUYM^R)_R;QX>_P"WO_TKFKTFO[@X3_Y)7 ?]
M>:7_ *1$_0L%_N=/_#'\D%%%%?0'4%%%% !1110 4444 %%%% !1110 4444
M %%%% !1110!\F?\%R_^46GQ1_[@G_I[L*_GFK^AG_@N7_RBT^*/_<$_]/=A
M7\\U?B?B1_R/*?\ U[7_ *5,_P!/OH5?\FLQG_8;4_\ 3&'"BBBOS\_KX***
M* "OZ&?^"&G_ "BT^%W_ '&__3W?U_/-7]#/_!#3_E%I\+O^XW_Z>[^OT#PW
M_P"1Y4_Z]O\ ]*@?R#]-7_DUF#_[#:?_ *8Q!]9T445^V'^8(4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %>
M;?M=_P#)O'B'_MT_]*X:])KS;]KO_DWCQ#_VZ?\ I7#7S_%G_)*X_P#Z\U?_
M $B1RXW_ '.I_AE^3/B2BBBOX?/ST**** "BBB@#[;_9$_Y-X\/?]O?_ *5S
M5Z37FW[(G_)O'A[_ +>__2N:O2:_N#A/_DE<!_UYI?\ I$3]"P7^YT_\,?R0
M4445] =04444 %%%% !1110 4444 %%%% !1110 4444 %%%% 'R9_P7+_Y1
M:?%'_N"?^GNPK^>:OZ&?^"Y?_*+3XH_]P3_T]V%?SS5^)^)'_(\I_P#7M?\
MI4S_ $^^A5_R:S&?]AM3_P!,8<****_/S^O@HHHH *_H9_X(:?\ *+3X7?\
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MGISO!RE%.].4X_%"2LW?2]K-7****] ^/"BBB@ HHHH **** "BBB@ HHHH
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MPZC>A(S^-:% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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ML_PD\)>*M3\<?V(+VY\-VNJ.D$FQ@9(K!7RP5-^5#'IOZ8 %?-GQ T3]C?\
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M^^J/^$Q\,?\ 0:@_[ZJY_9VG_P#/C#_WZ%']G:?_ ,^,/_?H4 4_^$Q\,?\
M0:@_[ZH_X3'PQ_T&H/\ OJKG]G:?_P ^,/\ WZ%']G:?_P ^,/\ WZ% %/\
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M_P#A,?#'_0:@_P"^J/\ A,?#'_0:@_[ZJY_9VG_\^,/_ 'Z%']G:?_SXP_\
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MG:?_ ,^,/_?H4 4_^$Q\,?\ 0:@_[ZH_X3'PQ_T&H/\ OJKG]G:?_P ^,/\
MWZ%']G:?_P ^,/\ WZ% %/\ X3'PQ_T&H/\ OJC_ (3'PQ_T&H/^^JN?V=I_
M_/C#_P!^A1_9VG_\^,/_ 'Z% %/_ (3'PQ_T&H/^^J/^$Q\,?]!J#_OJKG]G
M:?\ \^,/_?H4?V=I_P#SXP_]^A0!3_X3'PQ_T&H/^^J/^$Q\,?\ 0:@_[ZJY
M_9VG_P#/C#_WZ%']G:?_ ,^,/_?H4 4_^$Q\,?\ 0:@_[ZH_X3'PQ_T&H/\
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M^^J/^$Q\,?\ 0:@_[ZJY_9VG_P#/C#_WZ%']G:?_ ,^,/_?H4 4_^$Q\,?\
M0:@_[ZH_X3'PQ_T&H/\ OJKG]G:?_P ^,/\ WZ%']G:?_P ^,/\ WZ% %/\
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MU?\ %[]M;_@B?XL\7?%-$N/$'@WQ_8:;KFIVUNL:W\*R6[1SNJ *K[KA%8*
MN4# #=@8$?[!7ARR_P""6.E?\% -*^._C!/B+HFB07^D7\.N%;:QMHKL6R6,
M( WQ;(Q@%7&)!TV_+0!]@?\ !03_ (*#_&7]DC]BSPEXROO =MH7Q7\;1160
MTB=X[J'2+E80UW,H1G28(Q544L1F5"V[:RGS;1/AA_P6T_9U\:^"?B<?BJ_Q
M=MM:G5O&W@DRVT,=A&=C/$LDYC13AF"R1% '095E.#\V_P#!3OXR_$G]H+]A
M[]EG]H?Q=(QU2>UU^'5;Z-=HEO(IK2%)B ,!I/LLDF!P"3@8KO/V\_V69?\
M@EGHGP]_;%_9R^/?BR]\87OB*.S\3W>M:L+B/77>WDG:5P "T3F)U9'+@K(G
M(9=S 'ZU452\-ZP/$/AVPU\6KP"^LHK@0R?>CWH&VGW&<5=H **** "BBB@
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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MR?&3XD>%/B1J6@:!XC^SVEOY/E1?8X7V[H48\LA)Y)/)[US'_#0OQ@_Z&_\
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M/,/C?QC:VW@S4O&5E>7<"VFOVFHZ;-<Q*[SNL;QVZ+Y(V[7VREH]F,5]T_\
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M?&.A/MU-O%B0GR_O-&FI6!53CD@^=(,=\D5^C- !1110 4444 %?)G_!<O\
MY1:?%'_N"?\ I[L*^LZ^3/\ @N7_ ,HM/BC_ -P3_P!/=A7DY]_R(\5_U[G_
M .DL_0/"?_DZ>0_]AN%_]/TS^>:BBBOYI/\ ;P**** "BBB@#^AG_@AI_P H
MM/A=_P!QO_T]W]?6=?)G_!#3_E%I\+O^XW_Z>[^OK.OZ6R'_ )$>%_Z]P_\
M24?XA^+'_)T\^_[#<5_Z?J!1117K'Y^%%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110!\Q_M"_
M\E@U?_MW_P#2>.N+KM/VA?\ DL&K_P#;O_Z3QUQ= !1110 4444 =I^SU_R6
M#2/^WC_TGDKZ<KYC_9Z_Y+!I'_;Q_P"D\E?3E !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 5YK^UI^RW\.?VQ?@AJ?P.^)H
MGBL[UDGL]0L\>?8749)CGCW C(R00>&5F7C.:]*HH _*_P"#7_!%+XQZ[\;?
M'/P?^-7[0_BP_#;2F\/$W=MI[PIXRAAMY?)@5GF=8ELQ^ZY$@7>-H7 (]?\
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MHG_R;1_PXT_X*E_]&O?^7MHG_P FT?V#GG_0+4_\ E_D'_$6/"S_ *'V"_\
M"JA_\L/DRBOK/_AQI_P5+_Z->_\ +VT3_P"3:/\ AQI_P5+_ .C7O_+VT3_Y
M-H_L'//^@6I_X!+_ "#_ (BQX6?]#[!?^%5#_P"6'ZS?\$-/^46GPN_[C?\
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#YC_:%_
MY+!J_P#V[_\ I/'7%UVG[0O_ "6#5_\ MW_])XZXN@ HHHH **** .T_9Z_Y
M+!I'_;Q_Z3R5].5\Q_L]?\E@TC_MX_\ 2>2OIR@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M2_AW^T5X>U<>(/%OP6\)V\T^BZ>Z-<2M9D7?F06ZNRY:6U1&:($?-M/RESN
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MKP)A.'/[']O[#VG[SZQR<W/5G4^#V$[6Y^7XG>U]+V7\F=%?UF45Y7_$,?\
MJ+_\I_\ VY]__P 3S?\ 5/\ _EW_ />Q_)G17]9E%'_$,?\ J+_\I_\ VX?\
M3S?]4_\ ^7?_ -['\F=?UF445]7PQPQ_JY[7][[3VG+]GEMR\W]YWO<_ /'/
MQS_XC1_9_P#PG_5?JOM?^7OM>?VOLO\ IU3Y>7V?G>_2VI1117U9^ !1110
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M<:CXN^%?[9NHP>)=#TN\_P"*(\<O?6[76H0AV5EE2-S)M9=CJ91O4[U+,-N
M#Z9HK\K/^"G?_!87QOXBL+SX;?L7/XCT?3/#NOK:>*?B)%;/;AKH>:$LH21E
M%8QR,6?:[^40J[0Q;[A^(O[07BKX*_\ !/23]HZ.R.M:YI7PUM-35;O<PN+M
M[6+$DNW!*^8^]\$':&Y'6@#W*BOR.'Q#_P""I$/[%8_X*>']N2-K0W8G/@PV
M$)@-O_:'V/&S9Y&[S/\ EELSL_CW_+7Z7_LG_&;4OVAOV:_!/QMUK14TZ]\2
M^'K>]O+.+/EQS,N'V;LG86!*Y).TC)/6@#T*BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#YC_ &A?^2P:O_V[
M_P#I/'7%UVG[0O\ R6#5_P#MW_\ 2>.N+H **** "BBB@#M/V>O^2P:1_P!O
M'_I/)7TY7S'^SU_R6#2/^WC_ -)Y*^G* "BBB@ HHHH **** "BBB@ HHHH
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M-< E)X<]_+F21,]]E=Y0 4444 %%%% !1110!\F?\.-/^"6G_1KW_E[:W_\
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M_&C[%XW_ .@W9?\ @,?\: -BBL?[%XW_ .@W9?\ @,?\:/L7C?\ Z#=E_P"
MQ_QH V**Q_L7C?\ Z#=E_P" Q_QH^Q>-_P#H-V7_ (#'_&@#8HK'^Q>-_P#H
M-V7_ (#'_&C[%XW_ .@W9?\ @,?\: -BBL?[%XW_ .@W9?\ @,?\:/L7C?\
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M8HK'^Q>-_P#H-V7_ (#'_&C[%XW_ .@W9?\ @,?\: -BBL?[%XW_ .@W9?\
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M_P"U[_S+W_;W_P"T:]0^Q>-_^@W9?^ Q_P :Q?%_POG\>?9_^$LDLKO[)O\
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M++K_ (*&?'?5XM+\%:K=R:3JGB\26MZL=I*Y@F39\T;A=K#NK$5]?@\%E];
M8*5:HH2<Y:<K?-[T=VE\M>Y\'C\PS3#YEF$*%%U(JG#7G4>3W9:I-_/3L>J^
M#?VM;WX3_P#!/OX9_'/Q_HWB#QIXF\2>%-&AL=+T>T,]]KFKW-F)%C&T87>5
M=F<C"@$@$X4UO^"7GQ@^.GQH^&/Q#UW]HJZ(\3:7\8-9TJYTU)0\.E"".V4V
M4)!(,<3F10<G/)R<YKNOV U5OV'?A 2H)'PXT8C(Z?Z%%7!_\$S/^/3X]_\
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MUOTEY'S6&XGSF>&HSJPI\U>%*=.W-:/M)1C:=WK;F4M.7K'^\?7/@/\ :_\
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MZN=U'3XKZ?H7\:_V@/@O^SEX3'CCXX?$?3/#>F/,(8;C49L&>3!.R-%!>1L
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M.N0S;;B2*>\"Y7SIUPSN2J^:Q/!(.K\4?!'[9WQ2\4?"JY\/?\$V=!^&=SX
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MO9*ZW7T1\%OCY\&OVBO"!\>?!'XB:;XDTE9S!+=:?*3Y,H )CD1@&C;!!VL
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M)I'B.YTY!)>V=I(Z3Q1D[?,,4BJY3.!O VY(&>17R%H^CV/P*_9(^ ?PN_;
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M*:C_ ,%@M%CU#PSI\ZS? *\N)EFLHV#S#6(5$AR.6 XW'G'%?.GCN]D^&_[
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MX;Z%^SQX_N? ?BGX0Q&/P)XF%DEYMC>(1W,-U$VT3I.HS)T.XY'!*F#]G?\
M8E^*?PY_:@O?VO/C=^T@WC7Q3J_@B7P]J%E%X<2RM+=#=P3Q_9MLI\N)! 5V
M%27>5Y"P)VU]'45G_;69?5Y47.ZDFFW&+E:3NUS-<UF];7M?7<U_U=RCZU&N
MJ;3BXM)2DHWBN6,N1-1;44HIM7Y4ELD%>'67[&/V/XQ_'3XM?\+(W?\ "Z=
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M_A,?[ _MR6Q?^UO[/^U>1]FOK>ZQY7F1[MWD;/OC&[/.,$?]G/?^V5'^UO\
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M^-;> ]9\$^,(/$.E:TOAY-2(N(HW6,")YHUX9PV6W#Y<%3FN _X8W_X*3?\
M26R[_P##+:7_ /'Z^KZ*];#YUC\-AXT(\CC&]N:G3G:[N]90;W\SP\5P[EF+
MQ4L3/G4Y6NX5:L$[*RNH3BM%UL>6#]FRYD_:TTG]JB]\>^=-IOPWE\*2Z/\
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MI:WXCO/&]_?VJO.UQ_:%U"I+L"RF-(T=.FQCN7!.:\O^"G_)MO["W_8_2_\
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M@!2(28\OS6W#$9;>20,9XK@?&'[=OA;PQ_P4=T?]E+4_B?H%EHLO@QA=VDI
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MX)D7>C?''5/VF_%/Q2^%$VLVVG^/]+\=,MS?Z-%<2")-0M[D $JCLH,1P#N
MYW;D]$UC]O'PCI7_  4ALOV4[[XG^'[?06^'^YK=F'VB;Q+/J%NEO9ER?O?9
M6+K&,9\TDDX7:?\ !8'7-)TG_@GGX_T_40))]8BL=.TNT R]S=2WL'EHB]68
M8+X'.$)[5S/@OP-I^D?\%7O#FDZ]HUG-?67[+,3W4SVR,6O(M;@C,V<??&W
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M,LJ, \1"_-AP#C!Z&N3A_P""@G[%5QXSTCX?P?M*^%7U;7H89=+MEU#*S+*
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MUO08IOP@_;R_8^^/?C<_#?X1?'[0=:US:[1:;#*\<DX0%F\KS%4384%CL+8
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MI8^.?A_XGL=9T;4H!-8:GIMRLT,Z9(RKJ2#@@@^A!!Y%?!?A/QG^T)=?M_\
MQ[^(7P__ &*=.^+5]IVKZ?X?MM0U3QW9:4VAV,5H"MO#'=1.2LQ8R,RX#'UY
MKVK_ ()I_"[XX?"NV^)EE\4/@S:_#_1-:\;MK'A7PC9>);74XM,$\2_:88Y+
M?"H@D16";$ WG ZD\&/R3"X/+_:>T7M%&$K<]-\W.D[*"?/%QNM9:-)O32_J
M97Q'C,PS7V7LG[)RJ13]G57+[-M*3J->SDI<KTB[Q;2O+6WT]1117S!]D%!(
M4%F(  Y)HKC/VC-6^'NA_ /QGJ?Q9UZZTSPS'X9O1KU_82LEQ#:M"RR&)E!8
M2;20NWG<1CG%:4:;JU8P5]6EHKO7LNK\C*O55"A*H[>ZF]79:*^KZ+N^AQ>C
M_P#!1#]B+Q!\2H_A%HO[2_A>YU^:[%K!:Q7I,4TY;:(DGQY+L6^4*'))( R3
M76?'7]IOX!?LS:/::[\=_BII7AJWOY3'8B_E)DN67&[RXT#.X7(W$*0NX9(R
M*_.S]L#QIXOU[_@FO=Z#\+/^"><_@OX9Z#IFE7&@>.O%NN6,&I0H+JV6&YBL
MXE:;SYMR[I"XW"5R2V<'ZC\#Z#HGQ-_X*Q_$C5/'NE6]_+X%^&^B6?A**]C6
M1+:.\:6:YFC1L@.7&PN!G:2N<&OK\3P_@,/2^L-R4(JIS1YX2D^1TTM8W46W
M45XM-Q2>]T?!X/BG,\56^JQ4'4DZ7++DJ1BO:*JW[LVI3452=I1<8S;6UF8W
M@W]H;5OC/\0?VJH?#O[4$.D>#]&T#PW/X*\8PRI<6?A^.ZT5IIKR+:0&'F#>
MP+=5(XQ7TAX$^)7@BSA\*?#'4OBI8ZSXDU/PK%?V4A<+-J]O''&LEZB9/R,S
M!CR<;Q7PWXQ^&W@KX41_M_>$/A]I%MI^F?\ "*Z1>)86D:I'!+<:1=7$JJJ\
M*#)([!0  &P!BO2OAQ_R>]^SO_V;?<?RLZUS'+<+7IN5)M04$TK13]W#4Y7;
M2O=O?6U[M:NYCE6<8W#55&LE*;G*+?-)I<V+JPLDW:T5\+M>UD]$D?65M\2O
M 5YXZOOAE;>++)_$&F:='?ZAI(F'G6]M(Q5)67LI*D ^U>?> ?V]OV-_BC\2
MO^%0?#_]HKPUJGB)I6B@T^VO?^/F1<Y2&0@1SMP3B-F) )KQK7O!3?%/_@H)
M\>OAE:>(/[,EU_\ 9^L=*&I)R;)KAKJ,2]1RN\-U'05Y#8>*]:_9X\#?#KX&
M?\%"OV'8+/PCX)UO25\,?%[X>:@)+&"ZA=8[:]G\G;+!O;:TC%U,A8GRCD \
MF&R'!UH-<TI3<8-13BI>]#F;2E;GL].6+4K:W.S&<3YA0J*7+&--3J1<Y1FX
M^Y/E2<HW]G=7?/).-]+'T3X _;N\*^+?^"A/B_\ 9<NOB;H TW2M%M+70-.A
M(%Q=ZP'G-["6.2SQ+& 4& H!R">:[_Q1^W5^Q_X+^*Z_ _Q5^T-X9L?%!N!
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M[SQEHG_",PWMQ#=",127%C/(W[B21!]X@[6.[YMJA:MC_P $P[#PQ^RYX:^
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ML/V,?^%_^)M ^,?PO^*NH_#SXE^%(WAT'QEI=HEQNMG.7M+J!R%N("2Q",<
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M3K_:O^/IA\)?MJ_M[ZEXL\$P2HUUX4\+>&;?1AJX1@RBZF@P2I(4E-K>JLI
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M!/CQJO[27[(W[0<'@+Q!XHT^WL_&FF:KX>34M/U?R%V07.PNIBGC3Y=PR&
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M#5E<RF*T?4)CON7 R5BC4%Y" 03M4X!&:Y_Q-^V%\!4_9JUG]ICP9\7- O\
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MU2]BD\RVNWCMUC82!2\6\H?EXW"L;]B_X5?LL_#G_@D/9_%+XL>'K?3+35/
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MG=-:7?T'#^:5<TPTY591<HRL[1G!K1.TH3]Z,M=KM-6DGK9%%%%>0>\%%%%
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MT^K"BBB@ HHJKKNM:;X:T2\\1ZS<&*ST^UDN;N58V<I$BEF;:H+-@ G !)[
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M#!V52K $$@$5CZ#^VK^RCXGU+5=)T+X\^'KB?1/$%MH>IA;S"PW]P[QP0;B
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MUN^^+*WS_ KPWJND*B:!Y0UM+NRAM$?_ (^&^S&-858C]YO)ZK7T#16];/\
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M*?7&A:!;W4\]KID?PAL9Q$TTK2O\\UTSG+,3R>_&*[W6?V+?VJOB!^SYXG^
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MY_!7@34;Z6YM_".N^$K?55T9I6+.MI+-DJF6)"87U8NQ+5WOAG_@F]\*+/\
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M/&-H7A5ZCTKZ$T30]%\-:/:^'O#FD6NGV%E L%G8V5NL4,$2C"HB* JJ
M  *M5>-XAQN)K5G!I1FY6NHN24E9I2M=<RTE:R>NFK,\NX4R[!X>@JB;G34$
M[2E&,G!WBW!2Y7RRUCS)M::Z(****\ ^H"BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** ,;X@?$/P+\*?!]]X_\ B5XLL-#T738O,OM3U.Y6*&%20!EF[DD
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@#RS]KC]F2W_:A^'>G^'M/\<77A;Q%X=\06NO>$/%%E;+-)I>I6
MY;RY3$Q E0J[JT9(!#>PKA_A#^Q]\;;GXZ:1^T-^US^T%9>.M8\+:3>:?X0T
MK1_#*:=9:>+M52YN' =FEEDC4(0<*!Z\8^BZ*]&CFN-H85X>$ERZKX8MI2TD
ME)KF2DMTFKZ]W?R:^29=B<:L54B^;W7\4E%N+O%RBGRR<7JFTVM.RM\?3?\
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M76B?"OXU_#&X_:+U'56^,T=I+>ZWK.A++=65ZD9%S</LF19UED)=8U6(1+A
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MP='V5%6C=NVKUDW)[]VVPHHHK$Z HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH Y;XD_&_X0_!U[6/XJ?$?2/#YO;6ZN;0ZM>+")8K9%>=
MP6XPBLI/^\/6LCX$?M3_ +//[3=E?7WP&^+&E>)5TR14U".QD82VY;.TO&X5
MPK;6PV-K;3@G!KPO]NGX?^$?BA^W=^RQX+\=Z';ZEI4VK>*[FXL+N,/%,]MI
ML-S$'4\,HEAC;:<@[>:QOBA;V/P8_P""E_B+Q;\,M"M--O+S]EO5-0NX;*U5
M$NKNUU%?)E=% #. JIN()V@"OI:&48*M@J=I2]K.G*HMN5<LY1L]+ZJ+=[Z/
MO?3X_$Y[F.'S&K>,/84ZL:3WYWS4X3NG>RLYI6L[KJK:^Z>)?V[?V/?!_P 5
MQ\$/$W[1'AFR\4?:1;R:9-?8\J<D 1228\N.3) V.P;)QBNM^,OQU^$'[/7@
M]O'OQK^(>F>&])$PA2[U*?;YLI!(CC49:1\ G:H)P"<8!K\[OV<?#/[1OC/_
M ()[P?"G0_\ @F1HGBS1O&N@7%W>^.[[XK:7#<ZI=W/F/_:4B2P&1)D=@5#/
MN3RP-PQ7IOP8\$^.?%/[8_P%^$?[5^FPW>I^ ?V>)]8M[&]GCO(GUH7T5DTQ
M=6:.:46Z(^_+88;@<\UWXKAW+\/4E^\NJ?/S)3IRE)13=XJ+?)=JS4TW&Z>N
MJ/,P?%F:XNE%JC9U>3D;IU80BYR2Y9.:2J63YDX-*5FO=5F?6?PG_:B_9Y^.
MMW;:?\(/B_H?B&YN](;5(;;3;P/+]D6;R6E9/O(!)\A# $$\BN4U;_@HG^P_
MH?Q';X3ZM^TSX6@UV.[-K+;/>GRHIPVTQO.!Y*,&X(9P000>17C">!O@_P#!
MW_@J]X_\1Z<UOX=TW5?V;9=:\5SZ</(%LXU-8I;H;!\C^3 CD@9W*6Y+<^(?
M$_Q?+X@_X)P>)/ G[./_  3PN[/X36_A6YN[#X@^/->L;6Y>-=TBZ@EJ%:>>
M9F^='R,Y7G!Q1AN'\NQ%>-N?DFJ=FY0CR\][W<M)-6TC%)RWTV#&<4YKA,-/
MF5/VD'5NE&I/F5.UK1A=P4K^].3<8:+WM6?4W[4/[=OA7X#?MB_"7X&ZK\3]
M TC1=;CUBY\>?;BOG6Z+9K_9JEC_ *I99W?! W,T*@$#<&Z_P!\4O!?PW\7^
M/]2^)/[56G:U:7GQ"M],T[3;H"%?#=S-"@BTHMN.YW;YP3M^_C%>)>*='T?Q
M%^U5^Q3?Z_I%K>S:AX$\2/?2W5LCM<,NA6+*7)'S88DC/0DD5S<OP6N_C]X
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MK0KUL-6C5I2M*+NFNC1AB<-0QF'E0K14H2333V:9\=:S_P $]OVP?C+IMO\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MD8Q7R=\9+F;X%?$[]MA_A'8IH_G_  MT/41#ID8A6"ZEM+J*6X15P$?#M(6
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MD[*/P[R;W23M'^L.;X.K/#Z3G*I7:?LZM2T:<HQ4>6GS-7<E:6D8I:IMI/\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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M_&&I>*=2^(>HRZMXV\92QI!=WFJNZ.EU$@W+"(GCC,<8RJ[,'.YL^X:5\/O
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44 %%%% !1110 4444 %%%% '_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>image1.jpg
<TEXT>
begin 644 image1.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_X0!:17AI9@  34T *@    @ !0,!  4
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M 0$! 0$!         0(#! 4&!P@)"@O_Q "U$0 " 0($! ,$!P4$!  ! G<
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M\0/&%G^R_P##VYGO([>X@N/&!LLR-?7A*M:Z:H7EMA*2NHSF0Q+PT;"O*?\
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MH?X[:!^S%\#/%?Q"\43-;Z!X/TR;4[PH 9'6-21&@)&9';"*,\LP'>OYE/\
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M_P#P4O\ V7]-\<:+Y-AKUKMLO$FBB3=)H]\%!9>>3$_WXW_B4X.&5U'XA?\
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MX)2?"#Q5X47QTWCS_A)M875OM1T;^R_LV(4B\O9Y\V[[F=V1UQCO0&A^,O\
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M+?$+X90O##JVN6 GTB65MJ1W]O(L]MN;^%&EC5&/.%=NM?%G_$-#_P ;(_\
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M]\2>(_[.\7^*OLW]EV']GW4WVK[1.UO#^\CC:-=TJ,OSL,8R<#!H ].HHHH
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M5@N<@>L#1RJ.K/&QZBM#_@EOHEQ^U_\ MN?%']H?5H9&L+6ZDTOP^)5_U1=
MB@>C16BQH?7[034^1I_>/T ^'G@33?A=X"T7PWH\/V?2]!LH;"TC_NQQ($7/
MJ<#D]SDUL4451F?F'_P5JTGP_KW_  5 ^"=EXK^P_P#",W5CIT6J_;)O)M_L
MS:E<"3S'R-J[<Y.1@=Z]V_X9H_8D_O?"'_PJT_\ DFO"?^"L_P /M-^+/_!4
M/X)>%]82632?$%EIVGWB12&-VBEU*X1P&'(.">:]^_X<<_ '_H$^(O\ P<RT
MC3H?0W[//PK\!_"7X;067PWL]+L_"^H2M?PG3KDW%M<,X4&17W,&!"KR#CBN
MXKGOA/\ ##2?@M\-]%\*:%'-%H^@VJV=HDLAD=8UZ98\D^]=#3,SX7_X."/^
M3,O#?_8YVO\ Z17U=G\"/^"7GP%\8_ CP;J6I?#O3KF^U30;*ZNIOMMVK2RR
M6Z,[?+*,$L2>,=:XS_@X(_Y,R\-_]CG:_P#I%?5XGXF_X)L?&K0?V1[3QMX5
M^.'C37Y1H-MJD/AF&2[MO]':%':&)A<L&*1D[5"#=MP "0*GJ6MB?]F[P19?
MLC?\%L'^'_PWU"[N/".J02P:E8^>9UMD-B]P8G?G<8IE4JS?, =I))8G]3:_
M/W_@A-X%^%VJ?#+5/%NCK=W7Q0C9K+Q!)J$XEFM$=BR&  #;#*%R6.6+(REB
M%%?H%30I;A1113)"N8^(_P ;/!GP=^Q_\)=XN\,>%?[1W_9/[8U2"Q^U;-N_
MR_-9=VW>F<9QN7/45T]>%?MJ?\$^O!G[=O\ PC7_  EVI^)]._X17[5]D_L>
MX@A\S[1Y._S/-ADSCR$QC'5LYXP =/\ \-L_!G_HKGPQ_P#"IL?_ ([1_P -
ML_!G_HKGPQ_\*FQ_^.U\Q_\ $/K\&?\ H9OB=_X,;'_Y#H_XA]?@S_T,WQ._
M\&-C_P#(=+4K0^G/^&V?@S_T5SX8_P#A4V/_ ,=H_P"&V?@S_P!%<^&/_A4V
M/_QVOF/_ (A]?@S_ -#-\3O_  8V/_R'1_Q#Z_!G_H9OB=_X,;'_ .0Z-0T/
MIS_AMGX,_P#17/AC_P"%38__ !VO1-$UNS\3:-9ZEIMY:ZAI^H0I<VMU;2K+
M#<Q.H9)$=25964@A@2"""*^'_P#B'U^#/_0S?$[_ ,&-C_\ (=?9OPN^'UG\
M)/AGX=\*Z;)=3:?X9TRVTFUDN65II(H(EB1G*A5+%4!)"@9S@#I3$[=#=HHH
MH$%?)_\ P6@^!-W\;OV&]9FT^%KC4/!MW%XACC5<L\<2O'/C_=AED?W\OZ5]
M84VX@CNX'BEC62.12CHXW*X/!!'<&N[+,=/!8NGBZ>\&GZVZ?/8X,TR^&.PE
M3"5-IIKTOU^3U/YB]-TVXUG4;>SL[>:ZN[J188(84+R3.Q 554<EB2  .237
M[6?\$H?^":%O^R)X-3Q=XLM8;CXD:Y!AU.'70H&&?LZ'IYI_Y:./]T< E^B_
M9R_X)*_#G]G']IC7/B+IXDOA-)YN@:7/$/)\/,^?-*')WG)Q&2 8U)'S'##Z
MHK] XSXZ684E@\!=4VDY/9O^[Z+KW?EO^=<$\ O+ZKQN8).HFU%+5+^]ZOIV
M7GL445Y'^VM^U_X?_8L^"-]XKUIEN;Y\V^D::'VR:G=$$J@]$'WG;^%0>I*@
M_G.%PM7$58T**YI2=DEW/TS%8JEAJ,J]>7+&*NV^B/(?^"L7_!0^']COX6GP
M_P"';J-OB+XH@9;%5(8Z3;G*M=N/[W58P>K GD(0?Q!O+R;4+N6XN)9)[B=S
M)))(Q9Y&)R6)/))/))KI/C1\8_$'Q_\ B=K'B_Q1?-J&M:U.9YY#PJ#HL:#^
M%$4!57L !7+U_3/"O#=+)\(J2UJ2UD^[[+R73[^I_+G%G$U7.<8ZKTIQTA'L
MN[\WU^2Z!1117TY\L%%%% !16IX0\$ZU\0-;BTW0=)U/6M1G(6.UL+5[B:0G
MH B D_E7Z+_\$YO^")VK3^)M/\:?&6QCL=.L7%Q9^&'8/-=N#E6NL958QU\K
M)9NC;0"K>-G.?8++*+JXJ:3Z1^T_)+]=EU/:R7A_&YK65'"P;767V5YM_IN^
MB/J/_@C3^SO>?L_?L4Z4^J026VK>,KJ3Q!<0R)M>".1$2!#WYBC1\'H9"*^K
MJ\L_:)O-3?4-!TNQN+ZVCOI8PD=K.]N;R3[7:H\9D0;@%MGN7VC.0K,5(B-7
M_P!G'6+_ %+PM-#=W%Y=):"W1GNF9I8+DP(;FWW.S,PCE)Y+-M+,@.$ '\U9
MG.IC)SS*HU><F[=KNWX;?(_I[*X4L%"GEE).T(I7[M*[?SW^?8]$HHHKQ3W
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M_&'B32K[7OL_F6UK%"T47DV\4 VEAGE8@3GN37GW_$/3X%_Z*!XQ_P"_-O\
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M:AH,$<3:==+( 94QC<JF0>8 #\K8Q\HVU](444 %%%% !1110 4444 %%%%
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
%HHH _]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>paaslogo1.jpg
<TEXT>
begin 644 paaslogo1.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_X0!:17AI9@  34T *@    @ !0,!  4
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M 0$! 0$!         0(#! 4&!P@)"@O_Q "U$0 " 0($! ,$!P4$!  ! G<
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M\0/&%G^R_P##VYGO([>X@N/&!LLR-?7A*M:Z:H7EMA*2NHSF0Q+PT;"O*?\
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MH?X[:!^S%\#/%?Q"\43-;Z!X/TR;4[PH 9'6-21&@)&9';"*,\LP'>OYE/\
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M_P#P4O\ V7]-\<:+Y-AKUKMLO$FBB3=)H]\%!9>>3$_WXW_B4X.&5U'XA?\
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MX)2?"#Q5X47QTWCS_A)M875OM1T;^R_LV(4B\O9Y\V[[F=V1UQCO0&A^,O\
MP6L\+:?XY_X.*;K1=6M4O=+UC7_"=C>6[DA9X9;33TD0X(.&5B.#GFOUL^/G
M_!N_^S!\4O@UXC\/^&_ASI/@GQ!J5D\>FZ[8SW+S:9<]8Y=K2E74,!N4CYE+
M#()R.&_:_P#^#?-/VKO^"D\?[0Q^+3:"T>J:/J?]@?\ ",?:L_V?';)L^T_:
MT_UGV?.?*^7?T;'/Z04 Y:*Q_-Y_P1Q_:\U;_@BQ_P %%O%'P@^,FG6FBZ'K
M]\FA:[>2Q+NT6Y4_Z->I,0";20.I8Y"F-TE_@P?Z08Y%FC5E965AE6!R"/45
M\)_\%=O^"%7A'_@JAXD\-^)HO%+?#OQIH<365UJT.CC4EU6SY9(98O.A^:-R
M2DF[@.ZD$;2OT5^P5^S;XJ_9$_9D\/\ P[\6?$)OB;<>%T-GI^LR:0=-G%DH
M A@D7SYMYB&4#[AE @(RI9@)-/4_G&_YV1_^[E?_ ':*_HB_X*>?L??\-X?L
M+?$+X90O##JVN6 GTB65MJ1W]O(L]MN;^%&EC5&/.%=NM?%G_$-#_P ;(_\
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M]\2>(_[.\7^*OLW]EV']GW4WVK[1.UO#^\CC:-=TJ,OSL,8R<#!H ].HHHH
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M5@N<@>L#1RJ.K/&QZBM#_@EOHEQ^U_\ MN?%']H?5H9&L+6ZDTOP^)5_U1=
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MG.IC)SS*HU><F[=KNWX;?(_I[*X4L%"GEE).T(I7[M*[?SW^?8]$HHHKQ3W
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M_&'B32K[7OL_F6UK%"T47DV\4 VEAGE8@3GN37GW_$/3X%_Z*!XQ_P"_-O\
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M:AH,$<3:==+( 94QC<JF0>8 #\K8Q\HVU](444 %%%% !1110 4444 %%%%
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
%HHH _]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
