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Jaguar lowers outlook again

Jaguar Mining (CN:JAG) managed to trim costs on steady output in the third quarter, but the company cut its production outlook for the second time this year, due to delays in accessing higher-grade ore at its flagship Turmalina mine.

Jaguar lowers outlook again Jaguar lowers outlook again Jaguar lowers outlook again Jaguar lowers outlook again Jaguar lowers outlook again

Jaguar has cut 2017 production guidance to 87,000-92,000oz

Toronto-based Jaguar produced 20,781 ounces at its three core mines in Brazil's Iron Quadrangle, with a 90% recovery rate and an average grade of 3.36g/t gold.