Gold Prices last week reached a 11-month high of $1,796.50 an ounce after comments by European Central Bank President Mario Draghi suggested that more bailouts may be forthcoming. Draghi had stated that euro is "irreversible," and that the central bank stood prepared to purchase the bonds of indebted countries. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on Jaguar [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, Oct. 2, 2012 /CNW/ - Jaguar Mining Inc. ("Jaguar" or "the Company") (JAG: TSX/NYSE) today received notification from the New York Stock Exchange ("NYSE") that as of the market close on September 28, 2012 the Company is once again in full compliance with the minimum price continued listing standard. The minimum price standard requires that a company's shares trade at an average [...]
JAG - TSX/NYSE BELO HORIZONTE, Brazil, Sept. 27, 2012 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG: TSX/NYSE) today announced the appointment of Frederick Hermann and Luis Miraglia to its Board of Directors. The term of their appointment is until the next Annual General Meeting of the Company at which time they will stand for election by the shareholders."We are extremely pleased to have Fred and [...]
Gold stocks have been on an impressive run as of late as prices for the precious metals have surged due to the potential of economic stimulus from central banks across the globe. Gold prices reached a 6-month high last Thursday after the Federal Reserve announced stimulus for the U.S. economy. The SPDR Gold Trust ETF has gained nearly 10 percent in the last month. Five Star Equities examines the outlook for companies in [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, Sept. 10, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) today announced that David M. Petroff has been appointed as the new President and Chief Executive Officer of the Company and has joined the Board of Directors effective immediately."This is an important time in Jaguar's history as the Company implements its turnaround plan. David's wealth of mining and finance experience [...]
Gold stocks have surged in the last month as prices for the precious metal have rallied sharply due to potential economic stimulus from central banks across the globe. The Market Vectors Gold Miners ETF (GDX) has gained over 14 percent in the last month. Gold prices have recently hit a five month high. Gold prices in August saw their largest monthly gain since January. The Paragon Report examines investing opportunities [...]
Gold prices have rebounded to above $1,600 an ounce, from as low as $1,540 in May, on hopes of further monetary easing from both the Federal Reserve and the European Central Bank. "When we look forward into the second half of this year, there are a great many unanswered questions that could potentially be positive for the gold market in terms of the future of the euro zone and also I think in North America," said Marcus [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, Aug. 14, 2012 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG: TSX/NYSE) today reported a net loss of $16.4 million or $0.19 per fully diluted share for the quarter ended June 30, 2012. This result compares to net income of $15.6 million or $0.18 per fully diluted share in the second quarter of 2011. The second quarter 2012 result includes a $57.4 million unrealized [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, Aug. 14, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) today announced that it has been informed by counsel to Daniel Titcomb, that Mr. Titcomb, the Company's former President and Chief Executive Officer, intends to drop the lawsuit that the Company previously announced had been filed by Mr. Titcomb against the Company and three of its directors.On June 28, 2012, the Company [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, Aug. 9, 2012 /CNW/ - Jaguar Mining Inc. ("Jaguar" or "the Company") (JAG: TSX/NYSE) today announced that it has completed the implementation of the first phase of a major cost reduction program that was announced in May 2012. This initial phase was comprised of the transition of the Paciência mine to care and maintenance, a targeted reduction of 40 percent in G&A expenses [...]
BELO HORIZONTE, Brazil, Aug. 3, 2012 /CNW/ - Jaguar Mining Inc. ("Jaguar" or "the Company") (TSX: JAG) (NYSE: JAG) today announced that it will release its second quarter 2012 financial and operating results after the market close on August 14, 2012. The Company will hold a conference call the following day, August 15, at 12:00 p.m. Eastern time, to discuss the results and its outlook for the remainder of the [...]
Gold prices have recently hit a three-week high after comments from European Central Bank President Mario Draghi increased speculation that more quantitative easing was on the way."Within our mandate, the ECB is ready to do whatever it takes to preserve the euro," Mario Draghi said at a recent conference. "And believe me, it will be enough." The SPDR Gold Trust ETF (GLD) has risen 2.56 percent in the last week. The [...]