Wednesday, October 13, 2010

Mining PRs and the Ottotrans™, Part 29

Today, we look at the NR released just a few minutes ago by Pan American Silver (PAA.to) (PAAS).

This is what they wrote:
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 2010) - Pan American Silver Corp. ("Pan American" or the "Company"), (TSX:PAA)(NASDAQ:PAAS) is pleased to report that its two Mexican mines, La Colorada and Alamo Dorado, have received the prestigious 2009 Casco de Plata (the "Silver Hardhat") safety awards. The awards are granted annually by the Mexican Chamber of Mines (CAMIMEX), to the safest open pit mine and underground mine in Mexico.

The La Colorada mine won the 2009 Casco de Plata in the category of underground operation with more than 501 workers. La Colorada currently has approximately 669 employees and contractors. The Alamo Dorado mine won the 2009 Casco de Plata in the category of open pit operation with fewer than 500 workers. Alamo Dorado currently has approximately 280 employees and contractors.

Commenting on the awards, Steve Busby, COO said, "We take great pride in the safety record at our Mexican operations. Both our Mexican mines are consistently ranked among the safest operations in the country. CONTINUES

And this is what it means:
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 2010) - Pan American Silver Corp. ("Pan American" or the "Company"), (TSX:PAA)(NASDAQ:PAAS) is pleased to report that its two Mexican mines, La Colorada and Alamo Dorado, have received the prestigious 2009 Casco de Plata (the "Silver Hardhat") safety awards. The awards are granted annually by the Mexican Chamber of Mines (CAMIMEX), to the safest open pit mine and underground mine in Mexico.
The La Colorada mine won the 2009 Casco de Plata in the category of underground operation with more than 501 workers. La Colorada currently has approximately 669 employees and contractors. The Alamo Dorado mine won the 2009 Casco de Plata in the category of open pit operation with fewer than 500 workers. Alamo Dorado currently has approximately 280 employees and contractors.
Commenting on the awards, Steve Busby, COO said, "We take great pride in the safety record at our Mexican operations. Both our Mexican mines are consistently ranked among the safest operations in the country. On the other hand, we don't give a rat's ass about the workforce in Peru, as is clear from the current government statistics. Since 2006 we've seen 14 deaths from accidents at our mines in Peru. But hey, who gives a damn, right? Only miners."