Tahoe Resources Inc., which has significant gold properties in Timmins, said Friday it has enjoyed one of its strongest gold production performances, thanks in part to the newly acquired gold operations in Timmins.
Tahoe is the gold and silver mining company that took over Lake Shore Gold operations in Timmins nearly one year ago, at the end of March 2016. Although earnings were down for Q4, the company reported strong earnings and dividends for the past year.
In the latest financial statement released this week, it was revealed that probable mineral reserves at the Bell Creek and the Timmins West mines have both been cut back to new, lower numbers. Continue Reading →