Escobal Mining News

Tahoe’s Escobal silver mine output at high end of 2014 expectations

The mine generated 20.3 million ounces (moz) of silver contained in concentrates recovered from 1.246 million tonnes of ore at an average grade of 585 grams per tonne (gpt).

Miners in Guatemala to pay ten times more royalties

President Otto Perez Molina has approved a new rule passed by the Congress last week, which rises taxes to transnational miners operating in the country from 1% to 10%.

Guatemala’s huge mining royalty hike makes Tahoe unhappy

The country’s congress passed Friday legislation to increase mining royalties from 5% to 10%.

Tahoe’s Escobal silver mine reaches commercial production

Analysts say it could soon become one of the world’s largest producers of the precious metal.

Tahoe reports quarterly earnings after Escobal's first production

Tahoe expects to ramp-up to full production of 3,500 tonnes per day by the first quarter of 2014.