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Lake Shore Gold Corp
Lake Shore Gold Corp is a Canadian-based mining company that was previously listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker symbols "LSG" and "LSG.NY", respectively. However, in June 2016, Lake Shore Gold was acquired by Tahoe Resources Inc. in an all-stock deal, and the company ceased to exist as a separate entity.
At the time of the acquisition, Lake Shore Gold was focused on the exploration and development of gold properties in Canada, particularly in the Timmins Gold Camp in Ontario. Its flagship asset was the Timmins West Mine, which started commercial production in 2011 and had a projected mine life of approximately 12 years. The company also owned the Bell Creek Mine and the Thunderbird Mine, which were in the development stage.
In 2015, Lake Shore Gold produced approximately 178,000 ounces of gold and reported revenues of $255 million. The company had approximately 700 employees and contractors at the time of the acquisition.
After the acquisition, Tahoe Resources Inc. became one of the largest gold producers in the Americas, with a portfolio of assets in Canada, Guatemala, and Peru. However, Tahoe Resources Inc. subsequently faced its own challenges, including legal issues related to its Escobal mine in Guatemala, and was eventually acquired by Pan American Silver Corp. in February 2019.
It's worth noting that while Lake Shore Gold Corp. is no longer a publicly traded company, its legacy lives on through the continued operations of its former assets under the management of Pan American Silver Corp.