A significant increase in mining and processing capacity is expected as a result of the investment. Pan American Silver plans to expand the Francoise concentrator’s current ore processing capacity of 3,200 metric tons per day (m/d) to 4,500 mt/d. Plans also include modifications and upgrades for the crushing and grinding circuits, and the filtration and thickening areas.

Of the $169.4 million, more than $118 million will be allocated to the construction phase, $45.2 million to the operational phase, and $6 million to the closure plan. A series of expansions and improvements are also proposed between 2026 and 2032, including: widening and deepening of underground workings, installation of ventilation shafts, and expansion of the tailings storage facility, among others.