In 2016, the company acquired Lake Shore Gold in Ontario, valued at $945 million CAD, making it a wholly owned subsidiary of Tahoe Resources and effectively adding Lake Shore's Timmins West and Bell Creek gold mines in Ontario to Tahoe Resources' assets,[4] which include mines in Guatemala and Peru.
[6] In 2017, Tahoe Resources was accused of using the "Guatemalan police and army violence to force its mining operation on the local communities.
"[7] Tahoe is facing a criminal trial in Guatemala and a civil lawsuit in Canada for previous cases of alleged repression.
The company generated record earnings and cash flow from higher sales revenue and lower operating costs.
As of January 2016, it was estimated that the Escobal mine contained indicated resources of 389 million silver ounces at an average grade of 332 grams per tonne (g/t), along with significant quantities of lead, zinc, and gold.
[16] In July 2017 Tahoe announced that the Supreme Court of Guatemala had issued a decision to temporarily suspend its Escobal mining license in response to action brought by an anti-mining organization that claimed Guatemala's Ministry of Energy and Mines had violated the Xinca Indigenous people's right of consultation in advance of granting the permit.
north-northwest of Lima, in the eastern slope of the Western Cordillera, close to the Continental Divide, at approximately 3,400 meters above sea level.
Meanwhile, Measured and Indicated sulfide resources for the La Arena deposit totaled 274 million tonnes with average gold and copper grades of .24 g/t and .33 percent, respectively.
Proven and Probable sulfide reserves are 63.1 million tonnes with average gold and copper grades of .31 g/t and .43 percent, respectively.
With topography varying from rolling hills to steep ravines, its elevation ranges from 2,400-3,600 meters above sea level.
Ore from the mine is accessed using mobile equipment via internal ramps both from the surface and the main shaft.
The mine currently produces 2,700 tonnes per day of ore, which is trucked to the Bell Creek mill, 42 km.
A large resource at depth indicates a near-term opportunity to expand production and extend the mine's life.
[25] Tahoe Resources has received the following awards: Local residents' resistance to the Escobal silver mine project led to violent clashes in Spring 2013.
Fears about pollution and water contamination, and about potentially damaging effects to the way of life in the area, which is primarily agricultural, caused many local residents to protest the mine's development.
[30] In April 2013, a series of protests began among residents of San Rafael on the public road near the mine.
On April 27, seven people were shot when security guards working at the Escobal mine opened fire on 20 protesters.