05:08 PM EDT, 03/09/2026 (MT Newswires) -- Jaguar Mining ( JAGGF ) after trade Monday said it received the final approval needed to restart operations at the Turmalina Mine in Brazil.

The approval from the Environmental Emergency Office (NEA) removes the last obstacle to restarting production at the MTL Complex, which includes the mine, processing plant, paste fill plant, and filtration unit, the company said, adding that it can now begin operations and gradually ramp up production.

"Jaguar is grateful for the expeditious review and collaborative treatment of this issue by the NEA, which followed the required approvals from the National Mining Agency," Chief Executive Luis Albano Tondo said.

The Turmalina Mine is located in Brazil's Iron Quadrangle, which contains world-class multi-million-ounce gold deposits. Jaguar holds more than 46,000 hectares of land in the region, according to the statement.

Jaguar shares closed down $0.21 to $8.01 on the Toronto Stock Exchange.