Pan American Silver Corp. (TSX:PAAS) is looking at acquisitions. Michael Steinmann, President, Chief Executive Officer & Director said "Well, look, I'm always looking at optimizing our portfolio, and that means looking at acquisitions, looking at divestitures. We sold off a few smaller projects over the last few years. So I'm always focused on that. Our business development group, of course, always looking into that, with the idea to consolidate really the highest-quality mines we can have, producing the highest-quality and best-return ounces that we can. So that doesn't always mean just the highest amount or highest number of ounces, but really producing the highest-quality ounces we can".