Court Battle Over Tahoe Resources’ Escobal Mine Continues
A hearing regarding Tahoe Resources' (TSX:THO,NYSE:TAHO) Escobal mining license is scheduled for Monday(August 28), with a court ruling expected to follow in a few months. The company announced the news on Friday (August 24), also stating that the Guatemalan Constitutional Court has upheld alower court decision to provisionally suspend its mining license for Escobal. Escobal is one of the world's largest silver mines, and Tahoe'sshare price fell 20 percent on Friday on the news. The situation has been developing since May, when CALAS, a non-governmental organization, filed a claim against Guatemala's Ministry of Energy and Mines. CALAS alleged that the [...]