Tahoe Resources Inc. announced that mill commissioning is projected to begin in the second half of 2013 with commercial production expected in early 2014. All major components are in place, and the focus has turned to piping and electrical systems in the mill, completion of steel erection, conveyor installation and civil engineering work at the tailings facility. Dry commissioning of the crusher and milling circuit is expected to take place in the second quarter. Underground work has been expanded to primary stope development. Numerous vein cross-cuts on the 1290 and 1265 levels have been established, and drilling of the first slot raises and stope blastholes are underway. Rock conditions in the production areas are as projected in the model defined in the May, 2012 Preliminary Economic Analysis (PEA). The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net loss amounted to $24,875,000 or $0.17 per share against $20,976,000 or $0.15 per share a year ago. Cash outflow from operating activities was $28,014,000 against $23,824,000 a year ago. Exploration expenses were $1.3 million. Operating loss was $24,964,000 against $25,586,000 a year ago. Loss before income tax was $24,875,000 against $20,976,000 a year ago. Plant and equipment additions were $28,954,000 against $16,427,000 a year ago. For the full year of 2013, the company expects capital spending of $133.2 million. For the year 2014, the company expects silver production of 20.5 million, revenue of $515 million and earnings per share of $1.67, cash flow per share of $1.84 and free cash flow per share of $1.62, capital spending of $32.1 million. For the year 2015, the company expects silver production of 20.1 million, revenue of $491 million and earnings per share of $1.61, cash flow per share of $2.09 and free cash flow per share of $1.94, capital spending of $21.9 million. For the year 2016, the company expects silver production of 20.5 million, revenue of $503 million and earnings per share of $1.60, cash flow per share of $2.15 and free cash flow per share of $2.00, capital spending of $22.3 million. For the year 2017, the company expects silver production of 20.0 million, revenue of $490 million and earnings per share of $1.56, cash flow per share of $2.11 and free cash flow per share of $1.96, capital spending of $23.1 million.

Tahoe Resources Inc. announced that it has received the Escobal exploitation license from Guatemala's Ministry of Energy and Mines. Construction activities remain on-budget and on-schedule for mill commissioning in the second half of 2013 and commercial production in early 2014.

Tahoe Resources Inc. reported earnings results for the year ended December 31, 2012. For the period, the company reported net loss of $93.5 million or $0.65 per share. Cash outflow from operating activities amounted to $87.8 million. Capital additions for the year amounted to $122.9 million. The company also announced that Jaime Mondragon has resigned as the company's vice president and chief financial officer effective immediately. He is replaced by Mark T. Sadler who has been vice president metal sales and concentrate marketing. Mr. Sadler joined the company in 2012 following employment with Glencore Ltd. and over 18 years with Rio Tinto, plc.