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Tahoe reports another loss, expects to meet guidance

Tahoe Resources (TSX: THO) is expecting to meet its 2018 guidance, albeit near the low end of production and high end of costs.

Tahoe reports another loss, expects to meet guidance Tahoe reports another loss, expects to meet guidance Tahoe reports another loss, expects to meet guidance Tahoe reports another loss, expects to meet guidance Tahoe reports another loss, expects to meet guidance

Bell Creek in Ontario is being boosted by the shaft project

The company reported a loss of US61c per share, reflecting a $170 million non-cash impairment of its Escobal mine in Guatemala, the continued impact of the Escobal mine suspension and ongoing care and maintenance costs.

The adjusted loss per share was 6c, compared with a loss of 2c/share a year earlier.

It produced 91,200 ounces of gold during the September quarter at an all-in sustaining cost of $1,263/oz.

The compa...