Resource News

Guatemalan Court Provisionally Suspends Escobal License–Hearing On The Merits Of The Case Set For August 28th

Resource Investing News

Tahoe Resources (TSX: THO, NYSE: TAHO) (“Tahoe” or the “Company”) today reported that it has learned through unconfirmed sources that the Guatemalan Constitutional Court issued a decision upholding the lower court’s preliminary decision to provisionally suspend the mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision responds to an appeal filed by Minera San Rafael in an action …

Tahoe Resources (TSX: THO, NYSE: TAHO) (“Tahoe” or the “Company”) today reported that it has learned through unconfirmed sources that the Guatemalan Constitutional Court issued a decision upholding the lower court’s preliminary decision to provisionally suspend the mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”).
This decision responds to an appeal filed by Minera San Rafael in an action brought by the anti-mining organization, CALAS, against Guatemala’s Ministry of Energy and Mines (“MEM”) in May. CALAS alleged that MEM violated the Xinca Indigenous people’s right to consultation in advance of granting the Escobal mining license to MSR.

The Constitutional Court decision upholds the lower court’s preliminary decision to temporarily suspend the license to operate the Escobal mine until the definitive constitutional claim is heard on the merits, which hearing is scheduled for August 28th.

Click here to read the full text release. 

MARKETS

Markets
TSX20700.50+100.90
TSXV621.14-1.48
DOW33949.41+205.57
S&P 5004060.43+44.21
NASD11512.41+199.06
ASX7468.30-22.10

COMMODITIES

Commodities
Gold1926.29-4.04
Silver23.72-0.19
Copper4.27+0.01
Palladium1713.170.00
Platinum1087.260.00
Oil81.97+0.96
Heating Oil3.33+0.03
Natural Gas2.90-0.05

DOWNLOAD FREE REPORTS

×