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Tahoe Resources: Guatemalan Constitutional Court Requests Additional Information
Mar. 09, 2018 08:56AM PST
Silver InvestingTahoe Resources (“Tahoe” or the “Company”) (TSX: THO, NYSE: TAHO) has been informed that the Constitutional Court of Guatemala requested additional information in the legal case regarding Minera San Rafael’s Escobal mining license. The Company has not yet received the formal resolution from the Court but understands the request requires certain information be provided to the Court within 15 business days …
Tahoe Resources (“Tahoe” or the “Company”) (TSX: THO, NYSE: TAHO) has been informed that the Constitutional Court of Guatemala requested additional information in the legal case regarding Minera San Rafael’s Escobal mining license. The Company has not yet received the formal resolution from the Court but understands the request requires certain information be provided to the Court within 15 business days from the date of the formal resolution.
Ron Clayton, Tahoe Resources President and CEO:
“We are certainly disappointed with the continued delay in the case and the amount of time it has taken the Constitutional Court to request this information, but we are hopeful this means the Court is undertaking a serious review of the issues in this case, including a review of indigenous populations by the Ministry of Culture and compliance with International Labor Organization Convention 169.
In the long term, ensuring that the Constitutional Court is fully informed about these critical issues will enhance the credibility of its final decision and, in turn, strengthen the Company’s community relationships and social license to operate.”