JAG - TSX/NYSEBELO HORIZONTE, Brazil, July 30, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) today announced that it has increased its estimated measured and indicated mineral resources at its Gurupi Project to 3.2 million ounces of gold based on analysis of recent drilling results. The resources, stated at a cutoff grade of 0.33 g/t Au, include 35.65 million tonnes of Measured Resources at 0.86 g/t Au and [...]
Junior Miners have been hit hard in 2012 as gold prices have struggled to gain any upwards momentum. The Market Vectors Junior Gold Miners ETF has fallen over 25 percent year-to-date. The industry in recent week has been a hotbed of acquisition speculation after Yamana Gold announced it had acquired Extorre Gold Mines for $414 million, or $4.26 a share. Five Star Equities examines the outlook for companies in the Gold [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, July 10, 2012 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG: TSX/NYSE) is issuing this press release in response to unusual trading activity in its shares. While the Company ordinarily does not comment on market activity or market rumors, Jaguar confirms that it is not aware of any developments that would merit such trading activity.About Jaguar MiningJaguar is a [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, July 3, 2012 /CNW/ - Jaguar Mining Inc. (TSX: JAG) (NYSE: JAG) today announced that Mr. Rogério Fernandes, Jaguar's Chief Operating Officer, has advised that due to health reasons, he will be resigning effective July 13, 2012. Since joining the Company at the beginning of this year, Mr. Fernandes has made significant contributions to planning and implementing the [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, June 29, 2012 /CNW/ - Jaguar Mining Inc. (TSX: JAG) (NYSE: JAG) today announced that at its annual general meeting held earlier today, the six directors nominated by management were elected, however, each of Messrs. Andrews, Clausen and German received more "withheld" votes than votes "for."Despite Jaguar's majority voting policy not applying to contested director elections [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, June 28, 2012 /CNW/ - Jaguar Mining Inc. (TSX: JAG) (NYSE: JAG) today announced that Daniel Titcomb, the Company's former President and Chief Executive Officer, has filed a lawsuit against the Company and three of its directors in connection with the termination of his employment as the President and Chief Executive Officer of the Company. Mr. Titcomb was terminated on [...]
Gold prices have struggled to maintain any upwards momentum in 2012 and as a result gold stocks have struggled. The Market Vectors Gold Miners ETF (GDX) and the Market Vectors Junior Gold Miners ETF (GDXJ) have fallen nearly 14 percent and 23 percent year-to-date. Since hitting a record of 1,921 dollars a troy ounce last September, gold prices have fallen to $1,583/oz. The Paragon Report examines investing opportunities [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, June 25, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) hereby responds to a misleading press release issued earlier today by Bristol Investment Partners LLC.Bristol has deliberately fabricated the content of discussions both with Jaguar's chief financial officer regarding fees paid to members of the special committee and with Jaguar representatives regarding the offer made to [...]
Bristol States its Estimate of Payments Made to Directors Was Based on Methodology Reviewed with Jaguar's CFOBristol is Gratified Glass Lewis Concluded that "Shareholders Should be Troubled By the Complaints Brought Forth by Bristol"Bristol States that Board's Decision to "Voluntarily" Relinquish Cliff SARs Reinforces a Misalignment of Special Committee Members' Interests During Failed Strategic ReviewBristol Criticizes [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, June 21, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) today named John Andrews as interim chief executive officer, pending the appointment of a permanent chief executive officer.Mr. Andrews is currently a Jaguar director and has more than 40 years of executive and mining operations management experience in the precious and base metals industry in the US, Canada, South America [...]
Board Members Voluntarily Relinquish Cliff SARs JAG - TSX/NYSEBELO HORIZONTE, Brazil, June 18, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) announced that Institutional Shareholder Services (ISS), a leading independent proxy advisory firm, today recommended that Jaguar shareholders vote FOR management's board nominees at the company's upcoming annual meeting on June 29. 2012.ISS rejected many of the complaints of [...]
JAG - TSX/NYSEBELO HORIZONTE, Brazil, June 15, 2012 /CNW/ - Jaguar Mining Inc. (JAG: TSX/NYSE) responded today to erroneous and misleading allegations made by Bristol Investment Partners regarding Jaguar's recently concluded strategic process."We want to set the record straight by putting the facts on the table," Gary German, Jaguar's chairman said. "Bristol's recent public assertions are simply too inaccurate and [...]