Guatemalan Lower Court Issues Ruling On Tahoe's Mining License
TAHOE RESOURCES (TAHO)
Last tahoe resources earnings: 11/6 04:05 pm
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US:NYSE Investor Relations:
tahoeresources.com/investor-relations
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Source: PR Newswire
VANCOUVER, British Columbia, July 5, 2017 /PRNewswire/ -- Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) ("Tahoe" or the "Company") today reported that the Company has learned that the Supreme Court of Guatemala has issued a provisional decision in respect of an action brought by the anti-mining organization, CALAS, against Guatemala's Ministry of Energy and Mines ("MEM"). The action alleges that MEM violated the Xinca Indigenous people's right of consultation in advance of granting the Escobal mining license to Tahoe's Guatemalan subsidiary, Minera San Rafael. The provisional decision is in respect of a request by CALAS for an order to temporarily suspend the license to operate the Escobal mine until the action is fully heard. The Company understands that no Xinca representative or community is currently participating in the CALAS lawsuit against MEM. The provisional decision suspends the Escobal mining license of Minera San Rafael while the action is being reviewed by the court.
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