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Jaguar Mining Reaches Compensation Agreement for Satinoco Incident

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Jaguar Mining Reaches Compensation Agreement for Satinoco Incident

Jaguar Mining ( (TSE:JAG) ) has shared an announcement.

Jaguar Mining Inc. has reached an agreement with the Public Defender’s Office of Minas Gerais to compensate local community members affected by an incident at its Satinoco dry-stacked pile in Brazil. The agreement ensures compensation for various damages and losses, reinforcing Jaguar’s commitment to responsible mining and community relations. This step is seen as a positive move towards reopening the Turmalina mine, benefiting the local community and stakeholders.

More about Jaguar Mining

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company.

YTD Price Performance: 26.51%

Average Trading Volume: 50,704

Technical Sentiment Signal: Buy

Current Market Cap: $166.1M

For an in-depth examination of JAG stock, go to TipRanks’ Stock Analysis page.

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