Tahoe says Escobal mine reaches commercial production

|About: Tahoe Resources Inc. (TAHO)|By:, SA News Editor

Tahoe Resources (TAHO -0.3%) says its Escobal silver mine in Guatemala has reached commercial production, and guides for production of 18M-21M oz. of silver contained in metals concentrates this year.

Escobal operations began in late September, and production has been ramping towards the 3,500 metric tons/day target level.

TAHO cautions that silver production will be lower and associated operating costs will be higher during H1 than in H2 of the year.