Tahoe Resources is looking for silver a little farther south than the lake that straddles California and Nevada. The company was founded as CKM Resources in 2009 by Kevin McArthur, the former CEO of Goldcorp. It changed its name to Tahoe Resources when it bought a mining property in southeastern Guatemala from affiliates of Goldcorp. The firm is developing the property, known as Escobal, into a silver mine. Construction on the mine began in 2012, with production expected in early 2014. Tahoe Resources, which operates in Canada, Guatemala, and the US, went public in 2010, raising C$383 ($372 million). In 2016 the company acquired Lake Shore Gold.