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Ero Copper Corp. - ERO STOCK NEWS

Welcome to our dedicated page for Ero Copper news (Ticker: ERO), a resource for investors and traders seeking the latest updates and insights on Ero Copper stock.

Ero Copper Corp. (Symbol: ERO), a distinguished base metals mining company, is primarily engaged in the production and sale of copper, with gold and silver generated as by-products. The company operates mainly through its Caraiba Operations and Xavantina Operations in Brazil, as well as its development project, the Tucuma Project.

The Caraiba Operations segment, which is the primary revenue driver, includes the Pilar and Vermelhos underground mines and the Surubim open pit mine, along with associated processing facilities. Ero Copper has consistently demonstrated operational efficiency and strategic growth through these projects.

Recent achievements highlight Ero Copper's commitment to sustainability and innovation in mining. The company has introduced advanced technologies to optimize production processes and improve environmental impact management. In addition, the Xavantina Operations continue to enhance the company's production capabilities, contributing to its robust financial performance.

Financially, Ero Copper has shown strong growth and stability, with clear production guidance and strategic investment in capital expenditures for future improvements. The company's focus on cost management has resulted in competitive copper C1 cash costs, ensuring profitability even in fluctuating market conditions.

Ero Copper's partnerships and investor relations are managed with transparency and dedication, providing stakeholders with comprehensive updates and insights into the company's progress and prospects. For more detailed information and the latest updates, visit their official communication channels or contact Courtney Lynn, SVP, Corporate Development, Investor Relations & Sustainability at info@erocopper.com.

News

Ero Copper Announces 2023 Production Results and Provides 2024 Guidance

Rhea-AI Summary
Ero Copper Corp. announces 2023 production results, 2024 guidance, and three-year production outlook, highlighting record gold production and successful initiatives. The company expects significant growth in copper and gold production, with detailed cost and capital expenditure guidance.
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Ero Copper to Release Fourth Quarter and Full Year 2023 Operating and Financial Results on March 7, 2024

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Ero Copper Corp. will release its Q4 and full year 2023 financial results on March 7, 2024, followed by a conference call on March 8, 2024. The call will be held at 11:30am Eastern time and 8:30am Pacific time. Investors and analysts can dial in to discuss the results and ask questions.
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Ero Copper's Tucumã Project Reaches Over 85% Physical Completion - On Track for First Copper Production in H2 2024

Rhea-AI Summary
Ero Copper Corp. provides a construction update for the Tucumã Project, with physical completion at over 85% and production of copper concentrate scheduled to commence in H2 2024. Construction progress, commissioning plan, workforce mobilization, safety, and project capital estimate are highlighted, with an update of approximately $310 million in direct project capital expenditures. The company looks forward to reaching over 100,000 tonnes of consolidated copper production in 2025, aligning with the projected supply deficits in the copper market for 2024 and 2025.
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Ero Copper Completes US$111 Million Bought Deal Financing

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Ero Copper Corp. (TSX: ERO, NYSE: ERO) successfully closed a bought deal offering of 9,010,000 common shares, generating approximately US$111 million in gross proceeds. The offering, led by BMO Capital Markets, aims to advance growth initiatives at the Company’s Tucumã Project and Caraiba Operations, as well as regional exploration in Brazil. The net proceeds will also be allocated for working capital and general corporate purposes.
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Ero Copper Reports Third Quarter 2023 Operating and Financial Results

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Ero Copper Corp. announces Q3 2023 operating and financial results. Copper production of 10,766 tonnes at C1 cash costs of $1.82 per pound. Gold production of 17,579 ounces at C1 cash costs and AISC of $371 and $844, respectively. Net income of $2.5 million. Adjusted net income of $17.3 million. Adjusted EBITDA of $42.9 million. Reaffirms full-year copper production guidance. Milestones achieved in strategic growth initiatives. Construction of Tucumã Project at 70% completion. Progress on Pilar Mine's new external shaft. Production from Matinha vein at Xavantina Operations. Available liquidity of $237.6 million at quarter-end. Expanded foreign exchange hedge program. Enters binding term sheet with Vale Base Metals for Furnas copper project.
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Ero Copper Announces Changes to the Board of Directors

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Ero Copper Corp. has announced the appointment of Faheem Tejani to its Board of Directors as part of the company's ongoing Board succession planning. Director Matthew Wubs will not be seeking re-election at the 2024 Annual Meeting. Tejani brings 25 years of experience in finance, capital markets, and mergers and acquisitions. He is currently the President of Capital Asset Lending, a private mortgage administrator in Canada with approximately $1 billion of assets under management. Jill Angevine has been appointed as the new Chairperson of the Board's Audit Committee.
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Ero Copper Agrees with Vale Base Metals to Enter into Earn-in Agreement for a 60% Interest in the Furnas Copper Project

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Ero Copper Corp. has entered into a binding term sheet with Salobo Metais to advance its Furnas copper project in Brazil. Ero Copper will earn a 60% interest in the project by completing exploration, engineering, and development milestones over five years. Ero will solely fund the work program and grant Salobo Metais up to an 11.0% free carry on future project construction capital expenditures.
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Ero Copper's Tucumã Project Achieves Major Milestone at Over 70% Physical Completion - On Track for First Copper Production in H2 2024

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Ero Copper Corp. provides an update on the progress of its Tucumã Project, with construction now 70% complete and first copper concentrate production on track for H2 2024.
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Ero Copper to Release Third Quarter 2023 Operating and Financial Results on November 2, 2023

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Ero Copper Corp. to publish Q3 2023 results on November 2, 2023
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Ero Copper Reports Second Quarter 2023 Operating and Financial Results

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FAQ

What is the current stock price of Ero Copper (ERO)?

The current stock price of Ero Copper (ERO) is $13.49 as of December 24, 2024.

What is the market cap of Ero Copper (ERO)?

The market cap of Ero Copper (ERO) is approximately 1.4B.

What is Ero Copper Corp.?

Ero Copper Corp. is a base metals mining company focused primarily on copper production, with gold and silver as by-products. The company operates mainly in Brazil.

Where are Ero Copper's primary operations located?

Ero Copper's primary operations, including the Caraiba Operations and Xavantina Operations, are located in Brazil.

What are the Caraiba Operations?

The Caraiba Operations segment includes the Pilar and Vermelhos underground mines, the Surubim open pit mine, and associated processing facilities.

What is the Xavantina Operations segment?

The Xavantina Operations segment is one of Ero Copper's key mining operations in Brazil, enhancing the company's production capacity and financial performance.

What is the Tucuma Project?

The Tucuma Project is a development project in Brazil that is part of Ero Copper's strategic growth plan.

How does Ero Copper manage its financial performance?

Ero Copper focuses on cost management and strategic capital investments, ensuring competitive copper C1 cash costs and strong financial growth.

Who can I contact for investor relations at Ero Copper?

For investor relations, you can contact Courtney Lynn, SVP, Corporate Development, Investor Relations & Sustainability at info@erocopper.com.

What recent achievements has Ero Copper made?

Ero Copper has introduced advanced technologies for process optimization, improved environmental impact management, and exhibited strong financial performance through its operations.

What are Ero Copper's main products?

Ero Copper's main products are copper, with gold and silver produced as by-products.

Where can I find the latest updates about Ero Copper?

Latest updates and detailed information about Ero Copper can be found on their official communication channels and by contacting their investor relations team.

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Ero Copper Corp.

NYSE:ERO

ERO Rankings

#2267 Ranked by Market Cap
N/A Ranked by Dividends

ERO Stock Data

1.39B
92.67M
10.36%
76.94%
2.22%
Copper
Basic Materials
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