trending Market Intelligence /marketintelligence/en/news-insights/trending/DAHk3C2UXibHtkZPmDoHkA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Pan American Silver settles lawsuit over 2013 protests at Escobal mine

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019

Pan American Silver settles lawsuit over 2013 protests at Escobal mine

Pan American Silver Corp. reached a settlement with the victims of violent protests at the Escobal silver mine in Guatemala. Details were not disclosed.

In 2014, four protesters sued then-project owner Tahoe Resources Inc., which was acquired by Pan American Silver in a US$1.07 billion deal in February, after being injured in a shooting by the property's security guards. Escobal faced opposition due to Tahoe's lack of community consultation over the operation.

In a July 30 release, Pan American Silver apologized to the victims and to the local community affected by the 2013 incident. It also noted that the resolution of the lawsuit will not prevent their right to protest against the mine in the future.

The controversial Escobal mine has been suspended since June 2017 following a review of the company's licenses. During the shutdown, Tahoe laid off most of the operation's 1,030-member workforce.