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Tahoe Resources Inc (THO.TO)

THO.TO on Toronto Stock Exchange

5.94CAD
20 Jul 2018
Change (% chg)

$-0.09 (-1.49%)
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$6.03
Open
$6.06
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$5.93
Volume
610,259
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690,350
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$8.50
52-wk Low
$4.75

Latest Key Developments (Source: Significant Developments)

Tahoe Resources says Guatemalan constitutional court requests additional information
Thursday, 8 Mar 2018 08:09pm EST 

March 8 (Reuters) - Tahoe Resources Inc ::GUATEMALAN CONSTITUTIONAL COURT REQUESTS ADDITIONAL INFORMATION.TAHOE RESOURCES-CONSTITUTIONAL COURT OF GUATEMALA REQUESTED ADDITIONAL INFORMATION IN LEGAL CASE REGARDING MINERA SAN RAFAEL'S ESCOBAL MINING LICENSE​.TERMINATION OF ADDITIONAL MINERA SAN RAFAEL EMPLOYEES IS "NOW INEVITABLE DUE TO CONTINUED DELAY IN LEGAL PROCEEDINGS"​.IS EAGER TO RESUME OPERATIONS AT ESCOBAL IN ORDER TO RETURN BENEFIT TO EMPLOYEES, COMMUNITIES, AND REGION.‍IN TOTAL, APPROXIMATELY HALF OF EMPLOYEES WILL HAVE HAD THEIR CONTRACTS TERMINATED AS A RESULT​.UPON RECEIPT OF FAVORABLE RESOLUTION FROM COURT, TAHOE WILL SEEK TO RESTORE ITS WORKFORCE.TAHOE RESOURCES - FOR EVERY MONTH OF DELAY IN OPERATIONS AT ESCOBAL, ABT $4 MILLION IN TAXES, ROYALTIES ARE NOT BEING PAID TO GOVERNMENT OF GUATEMALA.  Full Article

Tahoe Reports Qtrly Loss Per Share $0.06
Thursday, 22 Feb 2018 05:03pm EST 

Feb 22 (Reuters) - Tahoe Resources Inc ::TAHOE REPORTS STRONG 2017 FINANCIAL RESULTS AND UPDATES 2018 AND MULTI-YEAR GOLD GUIDANCE.QTRLY LOSS PER SHARE $0.06.Q4 ‍REVENUE $117.7 MILLION VERSUS $189.4​ MILLION.‍Q4 2017 EARNINGS WERE IMPACTED BY ESCOBAL AND A ONE-TIME NON-CASH DEPRECIATION CHARGE​.QTRLY GOLD PRODUCTION 105.8 KOZ VERSUS 119.9 KOZ.SEES 2018 TOTAL GOLD PRODUCTION OF 400 KOZ TO 475 KOZ.SUSTAINING CAPITAL EXPENDITURES IN 2018 ARE TARGETED AT $90 TO $115 MILLION FOR GOLD OPERATIONS.COMPANY IS ON TRACK TO ACHIEVE ANNUAL GOLD PRODUCTION OF OVER A HALF MILLION OUNCES IN 2019.  Full Article

Tahoe Announces Amended $175 Million Credit Facility
Tuesday, 20 Feb 2018 09:15am EST 

Feb 20 (Reuters) - Tahoe Resources Inc ::TAHOE ANNOUNCES AMENDED $175 MILLION CREDIT FACILITY.TAHOE RESOURCES - ‍CO NOW HAS ACCESS TO A $175 MILLION REVOLVING CREDIT FACILITY PLUS A $25 MILLION ACCORDION FEATURE, FOR TOTAL ACCESS OF $200 MILLION IN CAPITAL​.TAHOE RESOURCES INC - ‍REVISED FACILITY REPLACES ITS PREVIOUS FACILITY ENTERED INTO ON JULY 18, 2017 AND WILL MATURE ON JULY 19, 2021​.  Full Article

Tahoe Reports Incident During Commissioning At Shahuindo Mine
Sunday, 11 Feb 2018 10:10pm EST 

Feb 11 (Reuters) - Tahoe Resources Inc ::TAHOE REPORTS INCIDENT DURING COMMISSIONING AT SHAHUINDO MINE.TAHOE RESOURCES -LEAK WAS IDENTIFIED IN BARREN SOLUTION PIPELINE IN OVERLAND CONVEYER CONTAINMENT CHANNEL THAT CONNECTS TO AGGLOMERATION AREAS STORAGE TANK.‍UPON IDENTIFICATION OF LEAK, COMPANY IMMEDIATELY SHUT DOWN ALL COMMISSIONING OF CRUSHING AND AGGLOMERATION CIRCUIT​.THE PIPELINE HAD BEEN COMMISSIONED AND PRESSURE TESTED, BUT WAS NOT YET IN OPERATION. Full Article

Tahoe Achieves Gold Production Of 445,000 Ounces In 2017
Tuesday, 16 Jan 2018 04:08pm EST 

Jan 16 (Reuters) - Tahoe Resources Inc ::TAHOE ACHIEVES RECORD GOLD PRODUCTION IN 2017.TAHOE RESOURCES INC - GOLD PRODUCTION OF 445,000 OUNCES IN 2017.  Full Article

Tahoe Resources Initiates Workforce Reduction In Guatemala
Monday, 15 Jan 2018 10:30am EST 

Jan 15 (Reuters) - Tahoe Resources Inc ::TAHOE INITIATES WORKFORCE REDUCTION IN GUATEMALA.TAHOE RESOURCES INC - ‍SIGNIFICANT REDUCTION TO MINERA SAN RAFAEL'S WORKFORCE AT ITS ESCOBAL MINE IN GUATEMALA​.TAHOE RESOURCES - ‍GIVEN DELAY AND INABILITY OF CO TO RESUME MINING OPERATIONS, CO TERMINATED 250 MINERA SAN RAFAEL EMPLOYEES ON JAN 15.  Full Article

Tahoe Resources qtrly‍ adjusted loss per share $0.02
Monday, 6 Nov 2017 06:21pm EST 

Nov 6 (Reuters) - Tahoe Resources Inc ::Tahoe reports strong mine operating earnings from gold segments for third quarter 2017.Tahoe Resources Inc qtrly ‍revenue $155.2 million versus $234.7 million​.Tahoe Resources Inc - ‍qtrly loss earnings per share $0.03​.Tahoe Resources Inc - qtrly ‍ adjusted loss per share $0.02​.Tahoe Resources Inc qtrly ‍gold production 109 koz versus 98 koz​.  Full Article

Tahoe Resources says Guatemalan Supreme Court declines to act on export credential
Wednesday, 27 Sep 2017 12:23am EDT 

Sept 27 (Reuters) - Tahoe Resources Inc - :Guatemalan Supreme Court confirms limited consultation area and declines to act on export credential.Supreme Court declined to review company's request to order MEM to issue annual renewal of Escobal's export credential.Company is evaluating its legal and administrative options.  Full Article

Tahoe revises 2017 guidance for gold operations
Thursday, 21 Sep 2017 06:08pm EDT 

Sept 21 (Reuters) - Tahoe Resources Inc ::Tahoe revises 2017 guidance for gold operations and provides updated reserves and resources at timmins west.Says ‍company has increased its guidance for gold production to 400,000 - 450,000 ounces for 2017​.Says ‍project capital has been decreased by $50 million to an estimated $100 to $115 million, versus initial 2017 guidance of $150 to $175 million​.Says total cash cost estimates for 2017 have been decreased by $50 per ounce to an estimated $650 to $700 per ounce.Says sustaining capital for 2017 has been decreased to $100 to $135 million.Says ‍due to ongoing interruption of operations at Escobal, multi-year guidance remains under review for all operation​.Says ‍expansion projects at Shahuindo, Bell Creek are expected to increase production to more than 500,000 ounces annually beginning in 2019​.Says upon resolution of ongoing interruption of operation, company expects to resume production at Escobal within a week.  Full Article

Tahoe Resources says as a result of suspended operations at Escobal,co to continue to reevaluate previous multi-year guidance
Friday, 25 Aug 2017 01:40am EDT 

Aug 25 (Reuters) - Tahoe Resources Inc - :Guatemalan court provisionally suspends Escobal license--hearing on the merits of the case set for August 28th.As a result of suspended operations at Escobal, company will continue to reevaluate its previous multi-year guidance.Financial impacts to co currently under review to assess effects of suspended operations to longer term capital, exploration programs.  Full Article

BRIEF-Tahoe Announces Successful Resolution To La Arena Strike Operations To Resume To Normal Levels Within 48 Hours

* TAHOE ANNOUNCES SUCCESSFUL RESOLUTION TO LA ARENA STRIKE; OPERATIONS TO RESUME TO NORMAL LEVELS WITHIN 48 HOURS