Tahoe says Escobal mine reaches commercial production

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.

Comments (2)
  • WhatdoIknow1
    , contributor
    Comments (652) | Send Message
    These guys are habitually on time and on target and I will remind everyone that back on October 16, 2013 Mr. McArthur promised to institute a dividend when full production was reached.


    Long TAHO
    14 Jan 2014, 10:37 AM Reply Like
  • davidjk
    , contributor
    Comments (4) | Send Message
    seems to be a solid company, reached it's all time high yesterday.moved 40% in a month. something good must be going on there.
    21 Feb 2014, 08:15 AM Reply Like
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