Deadly Central American quake raises concerns for Goldcorp, Tahoe


A major earthquake that shook Mexico's west coast near the Guatemalan border this morning is causing concerns about the immediate future of industries in the region; two U.S.-listed mining companies maintain operations in the quake-affected areas.

Goldcorp’s (GG) Marlin gold mine made up 7.6% of the company’s 2013 production, but that figure is expected to drop in 2014 and it is not known if operations are affected by the strike.

Tahoe Resources' (TAHO) Escobal silver mine in southeast Guatemala comprises all of the company’s production, but the quake was most felt on the other side of Guatemala.

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Comments (1)
  • Ira Gostin
    , contributor
    Comment (1) | Send Message
     
    Things are fine at Escobal.
    8 Jul 2014, 04:43 PM Reply Like
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