Guatemala Mining News

Tahoe aims to work 'in good faith' to restart Guatemala mine

Guatemala's Constitutional Court last week upheld the suspension of licenses at Escobal mine. The ruling was "disappointing."

Tahoe’s Escobal mine licence to remain suspended — Guatemalan court

Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people.

Tahoe Resources posts quarterly loss on Guatemala mine dispute

The Nevada-based company posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of $33.5 million, or 11 cents per share, in the year-ago period.

Silver miners’ Q1’18 fundamentals

The major silver miners’ stocks remain deeply out of favor, languishing near multi-year lows.

Guatemala delays ruling on Tahoe’s Escobal mine reopening

Constitutional Court has requested additional information.

Guatemala mines a mother lode of trouble: Mac Margolis

Latin America recorded 246 conflicts in mining regions in 2016, more than double the number in 2010.

Tahoe lost $18 million last quarter on Escobal mine reopening delays

Adjusted loss was $17.7 million, which dramatically contrast with the $18.4 million profit logged a year ago, which reflects the impact of the ongoing shutdown of its flagship Escobal silver mine, in Guatemala.

Tahoe cutting 250 jobs at Escobal mine in Guatemala on reopening delays

Canadian miner cited uncertainty over whether it will ever have its mining license for the operation reinstated as main reason for the layoffs.

Hudbay Minerals expands footprint in Peru

The miner’s local subsidiary has entered into an agreement to acquire mining properties in southern Peru near its Constancia copper mine.

Lawsuit could be precedent-setting for Canadian mining companies operating abroad

Legal proceedings were held last week in Toronto related to a case against a Canadian mining company that formerly was operating through a subsidiary in Guatemala.

Tahoe shares surge after Guatemala ruling

Vancouver-based producer rises 33% after Supreme Court of the central American nation reinstates operating licence for world's third largest silver mine.

Guatemalan court backs Tahoe’s Escobal mine suspension

Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.

World’s top 10 silver mines

Only six of the top 20 producers are primary silver miners. The polymetallic ore deposits from which silver are recovered account for more than two-thirds of the world's silver resources.

Tahoe ceases dividend and suspends company-wide guidance due to uncertainty in Guatemala

The Vancouver-based miner seems to be handling the situation well, as officials announced Wednesday that balance sheets "remains strong"

Tahoe Resources forced to halt Escobal mine in Guatemala

The Canadian miner said it will take “all legal steps possible” after the country’s Supreme Court suspended the mining licence for its flagship Escobal silver mine.

Goldcorp makes headway with plan to give Dome mine a new life

The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.

Teck Resources grabs Goldcorp’s stake in Mexican project for $50 million

After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.

Goldcorp sells Camino Rojo gold-silver project in Mexico to Orla Mining

The asset, in the state of Zacatecas, is located about 50 kilometers (31 miles) from Goldcorp’s flagship Peñasquito mine.

Protesters block access to Tahoe’s Escobal silver mine in Guatemala

Protest seems to be about a variety of issues, including claims that mining at Escobal is causing seismic activity in Casillas, located about 20 km from the operation.

Goldcorp sells mines in Mexico, Guatemala for about $470 million

As part of the world's third largest gold producer by market value's ongoing efforts to focus on highly profitable, core assets.

Tahoe Resources soars on Q2 earnings

Stock rose 7.3% on Wednesday after the company announced Q2 results that beat expectations.

Accident suspends work at Guatemala gold mine

A worker is missing following an accident at a Guatemala mine owned by Vancouver’s Goldcorp (TSX:G).

Goldcorp’s Marlin mine: a decade of operations and controversy in Guatemala

In Latin America, resource development and its economic benefits continue to butt heads with indigenous culture and tradition.

Tahoe Resources is up after reporting net earnings of $31.9 million

Operations continue to perform within guidance.

Do mining companies adequately value corporate social responsibility?

The industry is generally optimistic after a difficult year. According to a recent study by the EY Global Mining & Metals Center, the mining sector was battered and bruised in 2014, but is expecting a strong performance in 2015.