Jaguar Mining (TSE:JAG) has released an update.
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Jaguar Mining reported a slight decrease in gold production and sales for the third quarter of 2024, but benefited from a significant 29% increase in gold prices compared to the previous year. Despite a 12% reduction in operating costs, the company’s net income decreased due to higher sustaining capital investments. However, adjusted net income showed a positive outcome when excluding litigation provisions.
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