Toronto, August 9, 2018 – Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) is pleased to release its 2017 Corporate Sustainability Report (“CSR”), which has a detailed and transparent account of the Company’s performance and management of economic, environmental and social impacts of its operations located in Brazil to the end of December 31, 2017.
Rodney Lamond, President and Chief Executive Officer, Jaguar Mining commented: “Our approach to Corporate Sustainability encompasses a steadfast commitment to responsible and sustainable mining practices that are the cornerstone of our values embedded in our culture guiding everything we do. We strive to build strong relationships in our communities and continuously work to improve our safety practices to protect the health and safety of our employees. Minimizing our impact on the environment is an important priority and our duty. We are also relentless on building trust with all of our stakeholders.”
Jaguar’s 2017 CSR encompasses the Company’s operations and is based on the guidelines of the Global Reporting Initiative. The report is available on Jaguar’s website at www.jaguarmining.com/csr/social-responsibility-report.
The CSR maps and prioritizes 10 material subjects that reflect the Company’s most significant areas of impact. These material subjects are grouped into three main chapters: People, Environment, and Dialogue and Relationships, reporting the Company’s key results in 2017.
Jaguar’s core belief includes operating to achieve production targets in an ethical and sustainable manner by always having a trained, motivated and refreshed team. This core principle generated positive results for the Company’s workforce and people management indicators in 2017, reducing turnover and absenteeism rates across the board. The Company is also committed to diversity among its workforce across the operation.
Our mission is to create and grow sustainable value for its stakeholders. This mission guides all of the Company’s environmental impact management activities and operational control systems.
Dialogue and Relationships
Our dialogue and relationships reflect the Company’s ability to understand the concerns and needs of stakeholders while developing relevant actions and ensure sustainable performance. The Company continuously strives to devise new local development processes by integrating cultural, social, environmental and financial aspects, in addition to valuing tangible and intangible resources in the areas where we operate.
The Company established the “Seeds of Sustainability Program” covering 12 major social initiatives for the locations where the Company operates. More details on the Seeds of Sustainability program are available on the Company’s website at www.jaguarmining.com/csr/estma-1.
About Jaguar Mining Inc.
Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims covering an area of approximately 64,000 hectares. The Company's principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the Turmalina Gold Mine Complex and Caeté Mining Complex (Pilar and Roça Grande Mines, and Caeté Plant). The Company also owns the Paciência Gold Mine Complex, which has been on care and maintenance since 2012. The Roça Grande Mine has been on temporary care and maintenance since April 2018. Additional information is available on the Company's website at www.jaguarmining.com.
The Iron Quadrangle
The Iron Quadrangle has been an area of mineral exploration dating back to the 16th century. The discovery in 1699–1701 of gold contaminated with iron and platinum-group metals in the southeastern corner of the Iron Quadrangle gave rise to the name of the town Ouro Preto (Black Gold). The Iron Quadrangle contains world-class multi-million-ounce gold deposits such as Morro Velho, Cuiabá and São Bento. Jaguar holds the second largest gold land position in the Iron Quadrangle with just over 25,000 hectares.
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