Protest ends at Tahoe's Peru mine

Friday, September 7, 2018


VANCOUVER, British Columbia--(BUSINESS WIRE)-- Tahoe Resources Inc. ("Tahoe" or the "Company") (TSX: THO, NYSE: TAHO) announces a restart of mining operations following an agreement to end the protest at its La Arena mine in Peru. In the evening of September 6, 2018, the protestors from the community of La Ramada signed an agreement to participate in a formal dialogue table with Tahoe Peru to be hosted by the Ministry of Energy and Mines (MEM), which will begin today. Following the formal agreement, the protestors left Tahoe's property and operations successfully restarted with the overnight shift. The Company welcomes a productive dialogue with the community members of La Ramada.

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At this time, we do not believe there will be a material impact to annual production as a result of the eight days of suspended mining operations. However, this event, together with the labor strike in the second quarter at La Arena have disrupted production, and the Company now expects to be near the low end of its annual production guidance at La Arena of 160 to 185 thousand ounces of gold.

About Tahoe Resources Inc.

Tahoe Resources is a mid-tier precious metals company with a diverse portfolio of mines and projects in Canada, Guatemala and Peru. Tahoe is led by experienced mining professionals dedicated to creating sustainable value for all of its stakeholders through responsible mining. The company is listed on the TSX ("THO") and NYSE ("TAHO") and is a member of the S&P/TSX Composite, the TSX Global Mining indices and the Russell 2000 on the NYSE.