Tahoe Resources gets its Guatemalan licence back
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) (“Tahoe” or the “Company”) reported today that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the Supreme Court’s preliminary decision to suspend MSR’s license in connection with an action brought by the anti-mining organization, CALAS, against Guatemala’s Ministry of Energy and Mines (“MEM”). CALAS alleges that MEM violated the Xinca indigenous people’s right of consultation in advance of granting the Escobal mining license to MSR. (full release here)