Jaguar Mining (JAGGF) announced the completion of extensive remediation work and significant progress towards the safe and responsible resumption of its MTL Complex, which includes mining and processing plant operations. The completion of these remediation efforts allowed the Company to submit detailed technical documentation to the National Mining Agency on December 10, 2025, demonstrating full compliance with the measures required and the Company’s readiness to restart operations at this complex. Operations at the MTL Complex were suspended following a slump at the Satinoco dry-stacked pile on December 7, 2024. This incident, which involved an estimated 600,000 m of material and an approximate extension of 330 meters, led to the issuance of Auto de Interdicao n. 52/2024, the ANM’sformal suspension order. The condition for lifting this order was the submission of comprehensive proof of stability for the pile and related infrastructure.
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