New Pacific Metals Corp.
New York Stock Exchange ArcaCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Jalen Yuan
- Full Time Employees
- 36
- Sector
- Basic Materials
- Industry
- Silver
- Address
- 1066 Hastings Street Vancouver BC Canada V6E 3X1
- IPO Date
- Dec 3, 2008
- CIK
- 0001369085
- Website
- newpacificmetals.com
- Similar Companies
- Business
- New Pacific Metals Corp. is a Canadian exploration and development company focused on precious metal properties, primarily silver, in Bolivia. The company’s main products and services include the exploration, resource definition, and development of precious metal projects, with primary emphasis on its flagship Silver Sand Project, the largest silver discovery in Bolivia in the last 30 years, and the Carangas Project, which is a silver-lead-zinc deposit. New Pacific advances these projects through drilling programs, geological modeling, metallurgical testing, and engineering studies, targeting large-scale open-pittable silver, lead, zinc, and gold mineralization. The company also engages in community and stakeholder relations and implements sustainability and corporate social responsibility practices in its operations. Headquartered in Vancouver, British Columbia, New Pacific Metals was founded in 2007 (initially as Tagish Lake Gold Corp.) and rebranded to its current name in 2016, signaling a strategic shift towards mineral exploration and development in Bolivia. It is publicly traded on the Toronto Stock Exchange and the NYSE American under symbols NUAG and NEWP respectively. Recent major developments include the completion of a Preliminary Economic Assessment (PEA) for the Carangas Project in late 2024, affirming a significant silver resource with additional lead, zinc, and gold by-products, and outlining a potential mine life of over 16 years. In 2024, a pre-feasibility study (PFS) for the Silver Sand Project showed a post-tax net present value (NPV) of $740 million U.S. and an internal rate of return (IRR) of 37%, projecting production of 157 million ounces of silver. In 2025, New Pacific closed a C$40.4 million bought deal financing, with significant participation from Silvercorp Metals Inc. and Pan American Silver Corp., strengthening its capital position to fund ongoing exploration and development at Silver Sand and Carangas projects. The company emphasizes growth potential, scalability of deposits, and positioning within the growing global silver market due to rising precious metals prices. New Pacific Metals Corp. operates principally in the precious metals mining segment, targeting investors and partners interested in silver and associated metals development in South America, specifically Bolivia, where the company holds substantial land positions and exploration rights. The company’s business model currently focuses on advancing projects through exploration, resource definition, feasibility studies, and preparing for potential future production stages. The company’s strategic alliances with key industry players, recent successful financing rounds, advanced technical studies on its projects, and commitment to sustainable mining practices reflect its ongoing efforts to transition from exploration to development while positioning itself as a significant contributor to global silver supply.
Company News
New Pacific Metals Corp. $NEWP Shares Newly Purchased by Bank of America Corp DE
NEW PACIFIC FILES FORM 40-F ANNUAL REPORT
New Pacific Metals Reports Signing of Administrative Mining Contracts and Commencement of the 2026 Drill Program at the Carangas Project
New Pacific Metals Announces Filing of Preliminary Economic Assessment for the Carangas Project
New Pacific Metals Announces Filing of Preliminary Economic Assessment for the Carangas Project
New Pacific Metals: Carangas Creates A Two-Asset Sequencing Opportunity
New Pacific Metals Reports Results of Updated Carangas Preliminary Economic Assessment: Post-tax $2.65 Billion NPV (5%) and 35.9% IRR; 339.0 Million Oz of Silver Equivalent Produced
New Pacific Metals: 47% Insider Ownership And $4 Billion Of Silver
New Pacific Metals Announces Framework Agreement for Cooperation and Coordination with the Carangas Community
Are Basic Materials Stocks Lagging New Pacific Metals (NEWP) This Year?
New Pacific Metals Stimulated As Illegal Mining Stopped In Bolivia, And Record Silver Prices
NEW PACIFIC ANNOUNCES 2025 AGM RESULTS
New Pacific Metals Announces Permanent CEO and CFO Appointments
New Pacific Metals Closes C$40.4 Million Bought Deal Financing
New Pacific Metals Announces C$35.1 Million Bought Deal Financing
New Pacific Metals Files Base Shelf Prospectus to Replace Expired Shelf Prospectus
New Pacific Metals Announces Executive Changes
New Pacific Metals Announces 2025 Plans for Operations in Bolivia
NEW PACIFIC ANNOUNCES 2024 AGM RESULTS
New Pacific Metals Announces Filing of Preliminary Economic Assessment for the Carangas Project