BRIEF-Jaguar Mining expects 2017 gold production to increase to 100,000-110,000 ounces

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BRIEF-Jaguar Mining expects 2017 gold production to increase to 100,000-110,000 ounces

posted on Mar 21, 2017 02:16PM

2017-03-21 06:10:00 AM ET (Reuters)

March 21 (Reuters) - Jaguar Mining Inc:

* Jaguar Mining reports strong full-year and fourth quarter 2016 results; generated $38 million in operating cash flow and turned free cash flow positive

* Jaguar Mining Inc - in 2017, we expect our gold production to increase to between 100,000 - 110,000 ounces

* Jaguar Mining -sees FY consolidated cash operating costs are expected to be between $720 - $755 per ounce sold and AISC of $900 - $1,000 per ounce sold

* Jaguar Mining Inc - qtrly consolidated gold production of 25,407 ounces, up 10% from 23,169 in q4/15. Gold sales up 3% to 25,110 ounces

* Jaguar Mining Inc - qtrly revenue $30.3 million versus $26.8 million; qtrly loss per share $0.03

* Jaguar Mining Inc - 2016 gold production of 96,608 ounces exceeded 2016 guidance Source text for Eikon: Further company coverage:

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