Tahoe Resources Mining News

Tahoe Resources' Guatemalan unit announces new round of layoffs

Decision comes two weeks after the country's top court kept in place a more than 14-month suspension of operations at the company's Escobal silver mine.

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 resumes operations in Peru after protesters agree to talks

The Canadian miner expects annual production from La Arena mine to be near the low end of its forecast 160,000 to 185,000 ounces of gold.

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 halts operations at its La Arena gold mine in Peru after protest

Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.

Tahoe Resources says there was attempted theft at its La Arena mine in Peru

The company said five holes had been dug on top of a pipeline carrying a solution of gold and cyanide.

Tahoe Resources CEO says top priority is ending Guatemala mine dispute

The new chief executive of Tahoe Resources Inc said on Thursday that his top priority is ending a long-running dispute in Guatemala that has stopped all of the mining company’s silver production.

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.

Workers end strike at Tahoe’s mine in Peru

Workers were demanding higher profit-sharing payouts.

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 denies reports of water contamination

Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies. 

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.

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.

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.

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.

Tahoe gets 15% share flip on record quarterly cash flow

It produced 5.7 million ounces of silver from Escobal, the third largest silver mine in the world – a 17% increase from the previous quarter.

US Securities and Exchange Commission asked to investigate Tahoe Resources’ failure to disclose secret lawsuits

Groups is asking the SEC to determine whether Tahoe failed to meet legal requirements for disclosing human rights abuses and lawsuits related to its Escobal mine in Guatemala.

Tahoe Resources soars on Q2 earnings

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

Tahoe expands presence in Canada, to acquire Whitney JV from Goldcorp

As part of the miner's strategy to grow gold production in Timmins, Northern Ontario, to over 250,000 ounces per year by 2020.

Tahoe Resources provides new 2016 guidance, after Lake Shore acquisition

The company has emerged as a new leader in the precious metals sector with a well-diversified, Americas-based operating platform, a strong balance sheet and an attractive growth profile.