Jacobina is an underground gold mine, producing gold doré through a conventional leaching process. A phased expansion to a throughput level of 8,500 tpd was completed in mid-2022.

A comprehensive optimization study is being undertaken to evaluate alternative mining methods and optimize the long-term economics of the mine.

  • Ownership
  • Products
  • Type of Mine

Producing Mine

Gold Reserves, Proven + Probable*

Gold Produced*

Cash Costs Per Ounce

Average Plant Throughput

Technical & Reserve Information

Name and quantity Grade Contained Metal
Name Tonnes
P&P Reserves 48.3 2.02 3,143
M&I Resources 94.4 1.55 4,704
Inferred Resources 40.1 1.56 2,015

As of June 30, 2023. Please see the Company’s reserves and resources page for more detailed information.

Jacobina Mine Tour

On January 9, 2024, Pan American hosted a group of analysts and investors for a tour of the Jacobina mine. The tour featured the underground mine, processing facility and the core shack. A presentation by Pan American’s senior leadership team in Brazil described all aspects of the operation, from exploration to production, sustainability and the plans under development to optimize the mine’s future potential.

Jacobina Mine Tour Presentation – January, 2024

* Data is on a consolidated basis for the period ended December 31, 2023. Reflects ownership for the nine-month period from March 31 to December 31, 2023. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2023. 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.