• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Silver Market
    Silver News
    Silver Stocks
    • Silver Market
    • Silver News
    • Silver Stocks
    market news

    Tahoe Reports Solid Second Quarter 2017 Results; Ceases Dividend And Suspends Company-Wide Guidance Due To Uncertainty In Guatemala

    Melissa Shaw
    Aug. 09, 2017 08:24AM PST
    Silver Investing

    Tahoe Resources Inc. (“Tahoe” or the “Company”) (TSX: THO, NYSE:TAHO) today announced solid financial and operating results for the second quarter and six months ended June 30, 2017.  Due to the temporary suspension of the Escobal mining license, the Company has ceased dividend payments, and has suspended company-wide multi-year guidance. The Company’s balance sheet remains strong, with …

    Tahoe Resources Inc. (“Tahoe” or the “Company”) (TSX: THO, NYSE:TAHO) today announced solid financial and operating results for the second quarter and six months ended June 30, 2017.  Due to the temporary suspension of the Escobal mining license, the Company has ceased dividend payments, and has suspended company-wide multi-year guidance. The Company’s balance sheet remains strong, with cash and cash equivalents of $190.6 million at June 30, 2017.
    Ron Clayton, President and CEO of Tahoe, commented:

    “While the turn of events in Guatemala over the last several weeks is disappointing, our team is working very hard to resolve both the Escobal license suspension and on-going road block in Casillas.  I am very pleased with our overall Q2 performance, with all of our operations turning in good results.
    Silver production was 4.1 million ounces for the quarter and when combined with Q1 results, puts us at almost 10 million ounces year-to-date.  Per ounce metrics remained strong at Escobal, even with the mill curtailing production during a portion of June due to the road blockages.  We also continue to be pleased with the results from all of our gold mines, with each operation’s production and costs coming in at, or better than, expected levels.”

    Click here to read the full text release. 

    market newstsx:thonyse:taho
    The Conversation (0)

    Go Deeper

    AI Powered
    stock chart on a computer screen

    5 Top Weekly TSXV Performers: Altaley Mining Rises 38 Percent

    Sandstorm Gold Royalties Reports Record Operating Results in Second Quarter 2025

    Sandstorm Gold Royalties Reports Record Operating Results in Second Quarter 2025

    Latest News

    Southern Silver Initiates Drill Program at the Puro Corazon Mine on its Cerro Las Minitas Property, Durango, Mexico

    LaFleur Minerals Provides Update on PEA for the Restart of Beacon Gold Mill Sourcing Material from Its Swanson Gold Deposit, Val d'Or, Québec

    Apollo Silver Meets Top County Leaders at San Bernardino County Forum

    Apollo Silver Announces Upsize of Private Placement Offering

    Silver Dollar Announces Closing of $5.9 Million Brokered Financing, with Participation by Eric Sprott

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES