Ross Beaty (Photo: Les Bazso/Postmedia News)

Ross Beaty (Photo: Les Bazso/Postmedia News)

Pan American Silver (PAA:TSX) Chairman and resource mogul, Ross Beaty was awarded the Vale Medal for Meritorious Contributions to Mining at the annual gala awards dinner of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) in Vancouver.  The Vale Medal is awarded annually as a mark of distinction and recognition to a person who has made a meritorious and practical contribution of outstanding importance to the mining and metallurgical industry of Canada.

Mr. Beaty commented, "I am very grateful to have been chosen as the recipient of the Vale Award by the CIM. I have had the good fortune to work with a really outstanding team at Pan American over the years - each member has helped me build this fine company and each one also deserves recognition for this award."

This award will be added to his numerous distinctions for his contributions to mining, including: the Association of Mineral Exploration of B.C.'s Colin Spence Award for excellence in global mineral exploration in 2007, the Mining Person of the Year award from the Mining Association of B.C. in 2008 and the 2008 Natural Resources & Energy Entrepreneur of the Year Award by Ernst & Young. In 2010, Mr. Beaty was also awarded the prestigious Viola MacMillan Award at the Prospect and Developers Association of Canada.

We want to congratulate Mr. Beaty on another well deserved award!