GOLD
The TSX-listed stock of Jaguar Mining on Wednesday fell by 25% after the Brazil-focused company released its second quarter results announcement, which contained a revised production guidance and news that Rodney Lamond is leaving his position as CEO and director.
Jaguar lowered its production guidance from between 90 000 oz and 105 000 oz, to a range of 80 000 oz to 85 000 oz and warned that its Turmalina operation’s 2018 output would lower than initially thought.
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