From Coffee Town to Mining TownConstruction of the silver mine, el Escobal, by Tahoe Resources has brought banks, restaurants, a hotel and other businesses providing goods and services to the town of San Rafael Las Flores, Guatemala.Friday, July 20, 2012
According to an article in Elperiodico.com.gt, "El Escobal, located in San Rafael Las Flores, Santa Rosa, is considered one of the largest silver deposits in Central America, with reserves of more than 300 million ounces, as well as containing lead, zinc and gold. The company Minera San Rafael, a subsidiary of Tahoe Resources, will operate the project for 4 years and expects to initiate the exploitation work in mid-2014. " Source: elperiodico.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Lead mine starts OperationsMay 2014 In the first quarter sales abroad of lead totaled $83 million, due to the operation of the San Rafael mine, which extracts silver, lead, zinc and gold. El Escobal Mine Waiting for Operating LicenseMay 2012 Tahoe Resources, the Canadian company which bought the project from Goldcorp, has announced an investment of $500 million to extract the 300 million ounces estimated at the site. Guatemala: Silver Mine Estimate Grew 144%November 2010 Tahoe Resources, which owns the Escobal silver mine project, announced that indicated resources at the mine increased 144%.
Guatemala: world class silver mineSeptember 2010 Minning project Escobal could rival Mexico's Fresnillo, the largest silver mine of the world.
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