Thriving in the industry of industrial metals and minerals, the company’s main operations are located in the Southeast region of Guatemala. The largest operations of the company focus on mining silver, although they are also able to produce lead, zinc and gold. This project was acquired by the company from GoldCorp in 2010 in a deal that was valued $505 million stocks and cash. With a lifespan of 18 years, the Escobal mine is estimated to have reserves of more than 367.5 million ounces of silver, 347,000 of zinc, 192,000 tons of lead and 373,000 oz of gold. With these figures, mining experts are suggesting that the operations in the Escobal mine are considered to be one of the world’s largest silver producers.
The Escobal project is 100% owned by Tahoe Resources, Inc. The mine is located near San Rafael las Flores, approximately 70 km from Guatemala City. Because of the width of mine, the company is able to lower the cost of their operations as they are able to deploy bulk-style mining methods. The team of mining experts that operate the project ensures that the company remains environmentally responsible in all their activities and that they adhere to community regulations. They also maintain the highest standards to maintain the protection of the environment they work in.
Tahoe Resources, Inc. continues to mine precious metals in the Americas. Their products are then marketed to various industries to be used in different applications. The company continues to trade publicly on the New York Stock Exchange (TAHO) and on the Toronto Stock Exchange (THO).