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Jaguar grinding costs down

After a rough year in the market, Brazil-focused gold junior Jaguar Mining (CN: JAG) has reported more solid numbers in its second-quarter operations filing and confirmed its continuing focus on cost reductions and better gold recoveries.

Mining Journal
Jaguar grinding costs down

Management said the company’s core Iron Quadrangle sites produced 19,749oz in the June quarter, with a 91% average recovery rate and 3.18g/t head grade. For the first half of this year, consolidated production...

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