Jaguar Mining Reports 30% Year-Over-Year Gold Production Growth in Q3 2026
Original announcement by jmn on
- Company
- Jaguar Mining Inc.
- Ticker
- JAG
- Exchange
- TSX
- Region
- Brazil
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Production, Metallurgy
- Extracted
- 2026-10-15 12:25:53 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 primarily driven by the ramp-up of the Turmalina Mine and steady performance at the Pilar Mine, with full-year production guidance maintained.
Reasoning: Strong quarterly production growth driven by mine ramp-ups, despite some grade and recovery variability.
Positive factors
- 30% year-over-year consolidated gold production growth
- Turmalina Mine ramp-up contributing 34% of quarterly production
- Full-year production guidance maintained
Negative factors
- Lower average head grade at Pilar Mine compared to Q3 2025
- Lower recovery at Turmalina Mine (67%) due to higher Faina ore share
Facts used in scoring: 3
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”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
Fact 1goldRecovery: 89 %Head Grade: 2.76Head Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- JAG
Recovery
- Recovery
- 89 %
- 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 increased throughput but lower grades.
Positive factors
- 14% higher ore throughput
Negative factors
- Lower average head grade compared to Q3 2025
Evidence · table
“8,549”
Context: 108,255
Fact 2goldRecovery: 67.36 %Head Grade: 4Head Grade Unit: g/tView all detailsHide details
Identity
- Commodity
- gold
- Region
- brazil
- Reported Region
- Brazil
- Ticker
- JAG
Recovery
- Recovery
- 67.36 %
- 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 ramp-up and production increase despite lower recovery profile of Faina ore.
Positive factors
- 11% increase in ounces compared to Q2 2026
- Faina orebody performing above expected 55% recovery
Negative factors
- Lower overall recovery (67%) due to Faina ore profile
Evidence · table
“4,432”
Context: 51,144
Tags used in scoring
Low Recoverynegative
Recovery below the weak band for the commodity and processing route.
Why it applies: 67.36% 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.