Workforce
Recent reports indicate the Fox Complex has faced workforce constraints and has been accelerating hiring efforts and engaging contractors to support operations.
Overview
The Fox Complex, located in the Timmins Gold Mining Camp, consists of the producing Froome underground mine, the Black Fox mine (on care and maintenance), the Stock Mill, and the advanced-stage Grey Fox and Stock development projects. Production from the Froome mine is being transitioned to the Stock mine, which is expected to begin initial production by mid-2026 and achieve commercial production in 2027. The development of the Grey Fox project is also a key part of the company's plan to increase production.
Production
Gold equivalent ounce production from the Fox Complex was 44,450 ounces in 2023 and 30,151 ounces in 2024. For 2025, 23,187 gold equivalent ounces were produced. Production guidance for 2026 is forecast to be between 16,000 and 19,000 gold equivalent ounces. McEwen Mining is targeting a significant production increase at the Fox Complex to between 105,000 and 120,000 gold equivalent ounces by 2030. The combined annual production from the Grey Fox and Stock mines is targeted to be between 75,000 to 90,000 gold equivalent ounces.
Processing
Mined material from the Froome underground mine is hauled by road trucks to the Stock mill. The processing includes a crushing circuit, a grinding circuit with two stages of closed-circuit ball milling, and soluble gold recovery through adsorption on granular activated carbon in CIC, CIL, and CIP trains, with a process efficiency of up to 97%. In 2025, production from the Fox Complex consisted of 98% doré and 2% slag and fine carbon.
Equipment
ITH (2); 2-boom jumbos (2); scissor decks (3); mechanized bolter (1); 4 yd LHD (1); 6 yd LHD (3); 8 yd LHD (2); 30 t trucks (3); 50 t trucks (2).
Expansion
A Pre-feasibility Study for the Grey Fox project, scheduled for release in Q2 2026, will highlight the potential to materially extend the mine life at the Fox Complex. Production from the Froome mine is being transitioned to the Stock mine, which is expected to begin initial production by mid-2026 and achieve commercial production in 2027. The development of the Grey Fox project is also a key part of the company's plan to increase production.