La Arena is an open-pit, heap leach gold mine producing doré, where exploration success has extended the mine’s life.

A preliminary economic assessment (PEA) was released in February 2018 on the sulphide expansion, La Arena II. For further details, please visit the La Arena II page.

On May 1, 2024, Pan American agreed to sell its 100% interest in La Arena to a subsidiary of Zijin Mining Group. The transaction is expected to close in Q3 2024. Please see our news release for further information.

  • Ownership
    100%
  • Products
    Gold
  • Type of Mine
    Open-pit

Producing Mine

242
Koz
Gold Reserves, Proven + Probable*
97.1
Koz
Gold Produced*
$
1,237
Cash Costs Per Ounce*
36,000
TPD
Average Plant Throughput
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Technical & Reserve Information

Technical Report

Download Latest Reserves & Resources

Name and quantity Grade Contained Metal
Name Tonnes
(Mt)		Au
(g/t)		Au
(Koz)
P&P Reserves22.60.33242
M&I Resources2.30.2318
Inferred Resources5.30.2340

As of June 30, 2024. Please see the Company’s reserves and resources page for more detailed information.

Technical Report

Download Latest Reserves & Resources

Public Works for Taxes

In Peru, Pan American is working with the government under a program aimed at encouraging private investment in public infrastructure projects.

Learn more about Public Works for Taxes
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Partnering with governments can be a powerful way of advancing projects to benefit local communities.

2023 Sustainability Report

Technical Report

Reserves and Resources

Q3 Report Cover

2024 Q3 Financial Report

* Data is on a consolidated basis for the period ended December 31, 2023. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2024. For complete mineral reserve and resource information, refer to Mineral Reserves and Resources. Cash Costs and AISC per ounce are a non-GAAP measures; please refer to the Non-GAAP Measures notice.