11:33:10 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



Tahoe Resources Inc
Symbol THO
Shares Issued 312,301,249
Close 2017-06-16 C$ 11.06
Market Cap C$ 3,454,051,814
Recent Sedar Documents

Tahoe faces protesters blocking road to Escobal

2017-06-19 07:33 ET - News Release

Mr. Ron Clayton reports

TAHOE PROVIDES ESCOBAL UPDATE

Protestors near the town of Casillas in Guatemala have been blocking the primary road that connects Guatemala City to Tahoe Resources Inc.'s Escobal mine near Minera San Rafael. Protests appear to relate to a variety of issues, including some unfounded claims that mining at Escobal is causing seismic activity more than 20 kilometres away in Casillas. The company is working with the government, community leaders and others to resolve the situation peacefully and expeditiously. The company expects lawful and peaceful engagement in the coming week will result in the resolution of this conflict and open transportation routes. While the company's shipments and supplies have been delayed, the company does not expect any adjustments to its annual production or cost guidance as a result, and anticipates production and financial performance to be in line with midyear expectations at the end of the second quarter.

Ron Clayton, president and chief executive officer of Tahoe Resources, commented: "I want to assure shareholders that the roadblock has not affected our guidance for the year. Our operations are performing well and we anticipate that our performance at midyear will be well within expectations relative to our guidance. However, the delay affects our partner communities and former landowners as well as our employees and suppliers since royalties, wages and fees may be delayed as a result. We are working diligently to engage government and community leaders to resolve the situation."

About Tahoe Resources Inc.

Tahoe's strategy is to responsibly operate mines to world standards, to pay significant shareholder dividends and to develop high-quality precious metals assets in the Americas.

We seek Safe Harbor.

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