Jaguar Mining Inc. Reports 30% Year-Over-Year Gold Production Growth in Q3 2026
Original announcement by orestocks on
- Company
- Jaguar Mining Inc.
- Ticker
- JAG.TO
- Exchange
- Unavailable
- Region
- Minas Gerais, Brazil
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Production, Metallurgy
- Extracted
- 2026-10-15 10:47:29 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Jaguar Mining reported a 30% year-over-year increase in consolidated gold production for Q3 2026, totaling 12,981 ounces. The growth was driven by the ramp-up of the Turmalina Mine, which offset lower head grades at the Pilar Mine.
Reasoning: Strong production growth driven by successful ramp-up at Turmalina, despite lower grades and recoveries at specific sites.
Positive factors
- 30% year-over-year consolidated gold production growth
- Turmalina Mine ramp-up on track
- Faina orebody performing above technical study expectations
- Increased development and drilling activity
Negative factors
- Lower average head grades at Pilar Mine
- Lower recovery at Turmalina Mine (67%) due to Faina ore profile
Facts used in scoring: 2
Classification and evidence
Production Growthpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Consolidated gold production rose 30% year-over-year.
Evidence · text
“Consolidated gold production rose 30% year-over-year”
Multi-Domain Testedpositive
Variability across ore domains (oxide, transition, fresh) has been addressed.
Why it applies: 2 distinct composites were tested
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
Fact 1Pilar Mine · goldRecovery: 89 %Head Grade: 2.76Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Pilar Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG.TO
Test Work
- Sample
- Pilar Mine Q3 2026 production
Recovery
- Recovery
- 89 %
- Recovery Basis
- actual_test
- Head Grade
- 2.76
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-15T00:00:00.000Z
Reasoning: Steady production with higher throughput but lower grade.
Positive factors
- Higher ore throughput (14% increase)
Negative factors
- Lower average head grades compared to Q3 2025
Evidence · text
“Pilar Mine produced 8,549 ounces of gold in Q3 2026 from 108,255 tonnes processed, with an average head grade of 2.76 g/t Au and recovery of 89%.”
Fact 2Turmalina Mine · goldRecovery: 67 %Head Grade: 4Head Grade Unit: g/tView all detailsHide details
Identity
- Project
- Turmalina Mine
- Commodity
- gold
- Region
- brazil
- Reported Region
- Minas Gerais, Brazil
- Ticker
- JAG.TO
Test Work
- Sample
- Turmalina Mine Q3 2026 production
Recovery
- Recovery
- 67 %
- Recovery Basis
- actual_test
- Head Grade
- 4
- Head Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-15T00:00:00.000Z
Reasoning: Successful production ramp-up despite lower recovery profile of the Faina orebody.
Positive factors
- 11% increase in ounces compared to Q2 2026
- Faina recovery performing above expected 55%
Negative factors
- Lower recovery (67%) compared to Q2 2026 (84%) due to Faina ore profile
Evidence · text
“The Turmalina Mine produced 4,432 ounces of gold in Q3 2026 from 51,144 tonnes processed, at an average head grade of 4.00 g/t Au and a recovery of 67%”
Tags used in scoring
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: 67% is below the weak band (80%)
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.