Tahoe Resources Mining News

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.

Tahoe may go after Goldcorp’s assets in Ontario — report

Tahoe Resources' founder and executive chair Kevin McArthur said the operations present "nice synergies".

Tahoe Resources adds Canadian gold mines to portfolio by buying Lake Shore

Tahoe Resources has agreed to buy Canadian precious-metals miner Lake Shore Gold in an all-stock deal valued at Cdn$945 million ($678 million).

Tahoe surges on strong results

Stock in Guatemala focused miner in double digit gain Friday as silver operations throw off cash and newly-acquired gold properties outperform.

Tahoe’s operations in Guatemala not affected by President’s resignation

The Canadian firm said its Escobal mine remains unaffected by the ongoing political turmoil in the country, which has forced President Otto Perez to resign amid a corruption scandal that gutted his government.

Tahoe Resources announces new CEO

Tahoe’s executive chair becomes CEO.

Goldcorp slashes dividend 60% amid dire gold market

The company also said it will spend between $850 and $900 to produce an ounce of gold this year, less than its previous forecast of between $875 and $950.

Goldcorp sells off 26% stake in Tahoe to raise cash

The news came on the same day Royal Bank of Canada downgraded Goldcorp’s stock to “sector perform” from “outperform,” citing concerns over the miner’s ability to continue paying its monthly dividend.

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

Operations continue to perform within guidance.