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Saturday, September 12, 2026 · Guatemala CityQ7.6282 per US$+0.00%
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In depth

Pan American Silver's Tahoe purchase and Escobal's reserves

Dossier
The record of foreign investment: real cases11-casos.md
Domain
Foreign investment, in figurescasos-inversion
Room
Economy/economia
Audited
Audited

Pan American Silver announced in November 2018 the purchase of Tahoe Resources for around US$1,100 million (about US$5 a share) and closed the deal in February 2019, taking on Escobal with the mine already idle. As of 30 June 2025 the company reports 264.5 million ounces of silver in proven and probable reserves. The amount and the announcement date come from Wikipedia and were verified in the audit of 19 August 2026; the closing date and the reserves are from the corporate page.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.

Figures

Price of Tahoe ResourcesWikipedia (en), Pan American Silver
~US$1,100 million (~US$5/share)announcement Nov 2018
Closing of the acquisitionPan American Silver
February 20192019
Proven and probable silver reserves at EscobalPan American Silver
264.5 million ouncesas of 30 Jun 2025

Caveat

amount: secondary source (Wikipedia); reserves: corporate claim

Sources

Organizations named in the answer

  • Pan American SilverOwner of Escobal (it bought Tahoe Resources in February 2019): 264.5 Moz of proven and probable silver reserves, a 4,500 t/d plant, ~20 Moz a year in 2014-2017, in care and maintenance since 2017; it settled and issued a public apology in Garcia v. Tahoe (30 July 2019).Company case
  • Tahoe ResourcesThe previous owner of Escobal; sued in British Columbia (Garcia v. Tahoe, June 2014) over shootings by its private security (April 2013); acquired by Pan American Silver in February 2019.Company case

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This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.