Jaguar mining _ exceeds 2016 gold production guidance company positioned for growth and higher production in 2017 _ 4-traders

TORONTO, Jan. Is it good to invest in gold now in india 18, 2017 /PRNewswire/ – Jaguar Mining Inc. Why invest in silver over gold (“Jaguar” or the “Company”) (TSX: JAG) is pleased to report consolidated operating results for the three (“Q4 2016”) and twelve months ended December 31, 2016 (“FY 2016”). Time to invest in gold 2015 All dollar amounts are in U.S. Can i buy gold coins at the bank dollars unless otherwise stated.

Rodney Lamond, President and Chief Executive Officer of Jaguar, commented, “I am extremely pleased to report we exceeded our 2016 annual production guidance, producing 96,536 ounces of gold. Guide to invest in gold and silver pdf We had a safe and strong finish to the year with higher production, improved grades, and record gold recoveries during the fourth quarter. How to buy etf gold in india Throughout the year, we focused on positioning our Company for the future and achieving our key objectives.


Why invest in gold 2013 The hard work of our employees and support groups contributed to a strong year as we successfully transformed our Company profile into a growth producer while delivering record performances.

In 2016, we increased mine development and exploration which delivered sustainable growth across all of our operating mines. How to invest in gold etf sbi Our team continued to build confidence in our current geological models and mine plans, while also improving productivity in our primary assets to support growth. How to invest in gold and silver coins We successfully completed the recommissioning of Mill #3, a major milestone for Turmalina, which is expected to increase the daily processing capacity of the plant by 35% and reduce unit costs. Should i invest in gold or silver Additionally, the Operational Excellence Program we commenced at Turmalina earlier in 2016 has paid off with initiatives to identify and eliminate waste and improve productivity, translating to tangible results, and future growth opportunities. Should i buy gold plated jewelry We will be rolling out the same program at Pilar, with a view to increase productivity and lower unit costs there as well.

With all of the outstanding progress made this year, we expect 2017 to be the year we become a sustainable 100,000 plus ounce gold producer, targeting production between 100,000 – 110,000 ounces. Invest in gold monthly As we continue to grow, we are also focused on increasing efficiencies and implementing technology to decrease costs. Why invest in gold coins Looking forward, increasing our sustainable ounce profile in a safe way is our primary objective which will help us execute on a five-year target to become a 200,000 ounce gold producer, growing organically and opportunistically within our jurisdictions. How to invest in gold etf in india We commence 2017 with a strengthened balance sheet, following the full conversion of convertible debentures to common shares last October, and we are well funded with a solid cash balance in our treasury. How to invest in gold in india sbi We expect to provide an update on the exploration growth pipeline programs and report an updated Mineral Reserve and Mineral Resource statement within the first quarter of 2017. When to invest in gold coast Finally, I would like to thank all of our employees and stakeholders for their support, dedication, and efforts during this transformational year.”

Details of the Company’s financial performance, including mine-by-mine analysis, capital and operating costs, will be included in its year-end and fourth quarter 2016 financial results expected to be released in March 2017.

The preliminary cash balance as at December 31, 2016 was approximately $26.4 million compared to a cash balance of $15.3 million as at December 31, 2015, while investing in capital activities and maintaining a stable working capital position. Should i invest my money in gold During the fourth quarter, the Company entered into an agreement with Sprott Private Resource Lending (Collector) LP for a secured $10.0 million loan facility to fund the Company’s accelerated growth exploration program.

Capital investments in 2016 were primarily funded through operating cash flows, a trend expected to continue into 2017. How to invest in gold with little money In addition to the increase in capital expenditures, Jaguar also paid $1.9 million in other debt principal and interest payments during the year. Invest in gold hdfc The strengthening of the Brazilian Real during 2016 and the resulting foreign currency losses have had an impact on some of the gold price gains during the year.

The Iron Quadrangle has been an area of mineral exploration for centuries, dating back to the 16th century. When to invest in gold The discovery in 1699-1701 of black gold contaminated with iron and platinum-group metals in the southeastern corner of the Iron Quadrangle gave rise to the name of the town Ouro Preto (Black Gold). Should i buy gold or silver The Iron Quadrangle contains world-class multi-million ounce gold deposits such as Morro Velho, Cuiabá, and São Bento. Is it good to invest in gold in 2015 Jaguar holds the second largest gold land position in the Iron Quadrangle with just over 25,000 hectares.

Jaguar Mining Inc. Should you invest in gold now is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes, and a large land package with significant upside exploration potential from mineral claims covering an area of approximately 191,000 hectares. Can i buy gold in my ira The Company’s principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex (“Mineração Turmalina Ltda” or “MTL”) and Caeté Gold Mine Complex (“Mineracao Serras do Oeste Ltda” or “MSOL”) which combined produce more than 95,000 ounces of gold annually. Why to invest in gold The Company also owns the Paciência Gold Mine Complex, which has been on care and maintenance since 2012. How to purchase paper gold in india Additional information is available on the Company’s website at www.jaguarmining.com.

Certain statements in this news release constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. Is it good to invest in gold etf now Forward-looking information contained in forward-looking statements can be identified by the use of words such as “are expected”, “is forecast”, “is targeted”, “approximately”, “plans”, “anticipates”, “projects”, “anticipates”, “continue”, “estimate”, “believe” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. How to invest in gold mines This news release contains forward-looking information regarding expected production, grades, tonnes milled, recovery rates, cash operating costs, and definition/delineation drilling, in addition to overall expenditures and results of operations during 2016. Why not to invest in gold The Company has made numerous assumptions with respect to forward-looking information contained herein, including, among other things, assumptions about the estimated timeline for the development of its mineral properties; the supply and demand for, and the level and volatility of the price of, gold; the accuracy of reserve and resource estimates and the assumptions on which the reserve and resource estimates are based; the receipt of necessary permits; market competition; ongoing relations with employees and impacted communities; and general business and economic conditions. Why invest in gold now Forward-looking information involve a number of known and unknown risks and uncertainties, including among others the risk of Jaguar not meeting the forecast plans regarding its operations and financial performance, the uncertainties with respect to the price of gold, labor disruptions, mechanical failures, increase in costs, environmental compliance and change in environmental legislation and regulation, procurement and delivery of parts and supplies to the operations, uncertainties inherent to capital markets in general and other risks inherent to the gold exploration, development and production industry, which, if incorrect, may cause actual results to differ materially from those anticipated by the Company and described herein. How to invest in gold bees etf india Accordingly, readers should not place undue reliance on forward-looking information.

For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company’s most recent Annual Information Form and Management’s Discussion and Analysis, as well as other public disclosure documents that can be accessed under the issuer profile of “Jaguar Mining Inc.” on SEDAR at www.sedar.com. How to invest in gold coins The forward-looking information set forth herein reflects the Company’s reasonable expectations as at the date of this news release and is subject to change after such date. How much should i invest in gold The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Is it good to invest in gold now The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

This news release provides certain financial measures that do not have a standardized meaning prescribed by IFRS. Why you should not invest in gold Readers are cautioned to review the above stated footnotes where the Company expanded on its use of non-IFRS measures.