Brief: Jaguar Mining expects 2017 gold production to increase to 100,000-110,000 ounces

Jaguar Mining

21/03/2017 10:00

March 21 (Reuters) - Jaguar Mining Inc  JAG.TO : 
    * Jaguar Mining reports strong full-year and fourth quarter 
2016 results; generated $38 million in operating cash flow and 
turned free cash flow positive 
    * Jaguar Mining Inc - in 2017, we expect our gold production 
to increase to between 100,000 - 110,000 ounces 
    * Jaguar Mining -sees FY consolidated cash operating costs 
are expected to be between $720 - $755 per ounce sold and AISC 
of $900 - $1,000 per ounce sold 
    * Jaguar Mining Inc - qtrly consolidated gold production of 
25,407 ounces, up 10% from 23,169 in q4/15. Gold sales up 3% to 
25,110 ounces 
    * Jaguar Mining Inc - qtrly revenue $30.3 million versus 
$26.8 million; qtrly loss per share $0.03 
    * Jaguar Mining Inc - 2016 gold production of 96,608 ounces 
exceeded 2016 guidance 
 
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Further company coverage:  JAG.TO  
 
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