mining expansion

Pan American Silver approved a $146 million expansion investment for its Timmins mining operations in Ontario, targeting deeper mining and new deposits. This significant capital deployment indicates strong precious metals demand and expanded North American mining capacity.

Maple Gold Mines added 394,000 indicated and 1.77 million inferred gold ounces to its Quebec resource compared to 2022. This significant resource expansion enhances the project's economic viability and positions the company for potential development or acquisition interest.