Tahoe goes into damage control after flagship mine suspended

July 13, 2017

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Tahoe Resources, whose flagship Guatemalan mine has been suspended, is taking steps to cut costs, including possibly slowing an expansion of a project in Peru and trimming exploration.

The Reno, Nevada-based company may also discuss halting its dividend at an August board meeting and might slow down the payment of bills, CEO Ron Clayton said Thursday in a telephone interview.

Category: General