https://www.northernontariobusiness.com/
Tahoe Resources is rolling up its sleeves this year to expand and deepen the Bell Creek Mine in Timmins. The Vancouver miner announced its 2017 financial and operating guidance on Jan. 5.
Project capital expenditures this year will be between $150 million to $175 million, the two largest projects being the shaft deepening at Bell Creek, along with the construction of a crushing and agglomeration plant in Peru.
Tahoe acquired the former Lake Shore Gold in a $945-million deal last year, adding the Timmins West and Bell Creek gold mines in Timmins to Tahoe’s stable of operations in Guatemala and Peru.