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Tahoe hits the skids

Shares of Tahoe Resources (CN:THO) plunged nearly 40% this week after the suspension of its flagship Escobal silver mine in Guatemala, while analysts cut their ratings and downgraded their shares in anticipation of a costly and potentially long shutdown.

Tahoe hits the skids Tahoe hits the skids Tahoe hits the skids Tahoe hits the skids Tahoe hits the skids

Under pressure: Tahoe Resources could lose months of production from Escobal in Guatamala

The suspension was ordered by the country’s Supreme Court after anti-mining organisation CALAS challenged the legitimacy of the Escobal licence, alleging it violated the Xinca indigenous people’s

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