Escobal mine

The Escobal mine is a large silver mine located east of San Rafael Las Flores in the south of Guatemala in Jalapa Department. Escobal represents one of the largest silver reserve in Guatemala and in the world having estimated reserves of 367.5 million oz of silver. Exploration was by Goldcorp beginning in 2007. The mine was sold to Tahoe Resources in 2011. In April 2013 the mine was granted a 25 year license.The mine has been the subject of protests by the local Xinca people but protests have been suppressed by the Guatemalan government.