We ask you to investigate concerns about the lack of disclosure and the misleading disclosure by Tahoe Resources Inc. (Tahoe) in relation to the consultation process ordered by the Constitutional Court in Guatemala. Tahoes main asset, the Escobal Mine in Guatemala was suspended on July 5, 2017 because of a lack of consultation with Xinka Indigenous people in the area. On September 3, 2018, the highest court in Guatemala, the Constitutional Court, ordered: (i) that the mine remain suspended until the state completed consultation in accordance with the International Labour Organization?s Convention 169 (ILO 169); (ii) that the process for renewing Tahoe?s last remaining exploration license be suspended; and (iii) that the state reform its laws to increase the royalties for communities affected by mining.
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Categories: Securities Regulation and Disclosure of Material Information