The Timmins operation consists of two underground gold mines, the Timmins West mine and the Bell Creek mine, which both feed the Bell Creek mill.

A conceptual plan for a phased development of new mineral resources is underway to extend mine life and support production growth by leveraging spare mill capacity (the “Timmins Camp Project”). The average mill throughput is 4,400 tpd vs capacity of 5,600 tpd.

  • Ownership
    100%
  • Products
    Gold
  • Type of Mine
    Underground

Producing Mine

733
Koz
Gold Reserves, Proven + Probable*

103.6
Koz
Gold Produced*

$
2,443
AISC (excl. NRV) Per Ounce*

4,400
TPD
Average Plant Throughput

Exploration Results

Pan American’s exploration strategy is primarily focused on targeted near-mine exploration to replace and grow our mineral reserves and mineral resources.

* Data is on a consolidated basis for the period ended December 31, 2025. All financial data is stated in U.S. dollars unless otherwise noted. Estimated mineral reserves as of June 30, 2026. For complete mineral reserve and resource information, refer to Mineral Reserves and Resources. AISC per ounce excluding net realizable value adjustments (“excl. NRV”) is a non-GAAP measure; please refer to the Non-GAAP Measures notice.