BRIEF-Independence Group provides update on Jaguar processing plant

March 27 (Reuters) - Independence Group NL IGO.AX :

* Planned maintenance event during March 2014 established that trunion bearing on sag mill at Jaguar processing plant was showing signs of premature failure

* Says as a result, the concentrator was not restarted and the trunion bearing was sent off site for repairs

* Following completion of the repairs, the concentrator has now been successfully restarted

* Says expected that this shut down will affect Jaguar'S 2014 March quarter and second half year performance

* Zinc metal production expected to be approximately 10% below the lower end of FY 2014 production guidance

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