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Jaguar Mining wins big reduction in Brazil environmental fine (JAGGF:OTCQX)

Mining cart in silver, gold, copper mine

TomasSereda/iStock via Getty Images

Jaguar Mining (OTCQX:JAGGF) +2.2% in Monday’s trading after saying it negotiated a settlement for an environmental fine with Brazil’s Minas Gerais state that will reduce the liability from 320M reais to 59.99M reais (~$10.9M).

The fine was the result of

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