Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine

The Xinka Parliament of Guatemala announced this week the start of the court-ordered consultation over the future of Pan American Silver’s Escobal mine, according to aPan American became the owner of Escobal, which when in operations was the world’s third largest silver mine, when itThe decision supported a claim brought by environment and human rights group CALAS against the country’s Ministry of Energy and Mines , alleging it violated the local Indigenous people’s right of consultation in...

The underground operation, located in southeast Guatemala, about 3 km from San Rafael Las Flores, was in operations from 2014-2017. According to Pan American, it has 264moz in proven and probable silver reserves and 4,500 tonnes per day plant throughput capability. Escobal operations are on care and maintenance pending completion of an ILO 169 consultation. No timeline has been set for a completion of the consultation process or a restart of operations.First Quantum swings to fourth-quarter lossAn updated resource estimate published showed 27.87 million oz. of AuEq within 730.2 million tonnes at a grade of 1.19 g/t AuEq.As miners struggle to find skilled labour, few companies are open about hiring workers outside Canada to meet their needs.

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