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Pan American Silver starts Timmins growth project with $146 million Bell Creek shaft deepening, access drifts

PUBT·06/01/2026 10:31:03
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Pan American Silver starts Timmins growth project with $146 million Bell Creek shaft deepening, access drifts
  • Pan American Silver launched a phased Timmins Camp Project in Ontario to lift gold output potential and extend mine life at Timmins.
  • Phase 1 outlines about $146 million for a 625 m Bell Creek shaft deepening, an 814 m drift to Vogel, a 1.3 km drift to Samson.
  • On-site work is slated to start in July 2026; shaft project targets completion in about three years with commissioning in H1 2029.
  • Timmins plant capacity is about 5,600 tpd versus current throughput near 4,400 tpd, supporting higher infrastructure utilization.
  • Planning about 118,000 m of drilling in 2026; updated reserves and resources as of June 30, 2026 targeted for Q3 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pan American Silver Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260601510653) on June 01, 2026, and is solely responsible for the information contained therein.