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Tuesday, 11/07/2017 11:28:45 AM

Tuesday, November 07, 2017 11:28:45 AM

Post# of 4985
TAHOE REPORTS STRONG MINE OPERATING EARNINGS FROM GOLD SEGMENTS FOR THIRD QUARTER 2017 -


http://www.tahoeresources.com/tahoe-reports-strong-mine-operating-earnings-from-gold-segments-for-third-quarter-2017/

Tahoe Resources Inc.
(“Tahoe” or the “Company”) (TSX: THO, NYSE: TAHO)
VANCOUVER, British Columbia – November 6, 2017 –

Tahoe Resources Inc.
(“Tahoe” or the “Company”) (TSX: THO, NYSE: TAHO) today announced solid
financial and operating results for the third quarter and nine months
ended September 30, 2017.
The Company’s balance sheet remains strong, with cash and cash
equivalents of $182.1 million at September 30, 2017 and very little debt.

Ron Clayton, President and CEO of Tahoe, commented: “Despite challenges
in Guatemala during the quarter, we are very pleased with our team’s
performance, particularly at our gold operations which produced 109
thousand ounces at a total cash cost of $747 per ounce.

The Company remains focused on executing our strategy to advance near-
term development projects in Canada and Peru.
Although we reported a loss for the quarter, the results were negatively
impacted by $14 million in costs ($0.04 per share) related to the
suspension and care and maintenance of Escobal and a $9 million non-
recurring pre-tax expense ($0.03 per share) at La Arena as a result of
completing negotiations to fulfill historical commitments made to the
community.
Except for these items, we would have reported positive earnings for the
quarter on the strength of our gold operations alone.

In Guatemala, we are gratified that the Supreme Court reinstated the
Escobal license in September and are working diligently to resolve the
Casillas road block and to obtain renewal of our export credential so
that we can resume mining operations at Escobal.
We believe the resolution of these two issues will follow the
Constitutional Court decision on the appeals from the Supreme Court
ruling.”

Key Financial and Operating Results -

http://www.tahoeresources.com/tahoe-reports-strong-mine-operating-earnings-from-gold-segments-for-third-quarter-2017/


Tahoe Resorces Owns Many Gold Mines E.g., (TAHO) TIMMINS MINES KEY FACTS

Tahoe-Canada-LogoTahoe Resources acquired Lake Shore Gold Corp.
on April 1, 2016, adding two underground mines,
Timmins West and Bell Creek,
as well as attractive growth projects and exploration targets -

Timmins West Mine includes three deposits in production –
the Timmins, Thunder Creek and 144 Gap deposits -

Bell Creek shaft project to provide access to resources and support
continued growth both at depth and along strike
Both mines located in one of the world’s most prolific gold belts -

http://www.tahoeresources.com/operations/timmins-mines/


E.g., -
LA ARENA Gold MINE

KEY FACTS

La Arena Mine
Open-pit heap leach gold mine
High sulfidation epithermal oxide gold deposit hosted in brecciated
sandstone
January 2017 Proven & Probable oxide mineral reserves of
54.1 million tonnes with an average gold grade of 0.41 g/t containing
715,000 ounces of gold -

Production of 204,400 gold ounces in doré in 2016 -


http://www.tahoeresources.com/operations/la-arena-mine/

Tahoe Resources Inc. is committed to conducting business honestly and
ethically everywhere we operate.

http://www.tahoeresources.com/social-responsibility/responsibility/

We value our reputation and the trust and confidence placed in us by our stakeholders. Our employees and contractors adhere to both the spirit and the letter of the laws that govern us. The Company has a strict Code of Conduct and Ethics for our employees and high standards of reporting and disclosure.
We strive to minimize the environmental effects of our operations, to provide a safe and healthy workplace for all our employees and contractors and to promote sustainable businesses and social programs in the communities where we operate.
Our goal is to conduct field operations in a safe and environmentally sound manner while helping our communities develop sustainable economies through direct employment, business partnerships, social programs and royalty management. In our transition to a major precious metals producer, we are committed to the United Nations Guiding Principles on Business and Human Rights, the Voluntary Principles on Security and Human Rights and the Equator Principles. We work with the Business for Social Responsibility and serve on the International Bar Association’s CSR Committee.
CSR Policy
CSR Policy (Spanish)
Social Responsibility
Community Development
Our Environment
Health and Safety
Communication & Reporting
Governance and Guidelines
Tahoe Resources Inc Shareholders, Employes and Communities
Flags
CANADA | UNITED STATES
GUATEMALA | PERU
Canada Office:




My opinions are my own and and DD I post should be confirmed as unbiased

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