Ero Copper Corp. reports on a Brazil-focused mining portfolio built around copper and gold production. The company operates the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State for copper concentrate, and the Xavantina Operations in Mato Grosso State as a producing gold mine.
Recurring company news covers operating and financial results, copper and gold production, C1 cash costs, capital spending, production guidance, and portfolio optimization. Updates also address the Furnas Copper-Gold Project in the Carajás Mineral Province, including preliminary economic assessment work, technical reports, exploration, engineering, permitting, and the earn-in framework tied to that project.
Ero Copper (ERO) reported record third-quarter results, with copper production rising 6% sequentially as other producers also disclosed earnings and capacity plans. Ero earned $116.2 million, reduced net debt to $353.5 million and maintained copper production guidance of 67,500 to 77,500 tonnes.
Freeport-McMoRan (FCX) approved a $4.5 billion Bagdad expansion expected to add approximately 225 million pounds of annual copper production. Teck (TECK) increased quarterly copper production 11% year over year, despite a weather-related shutdown at Carmen de Andacollo. Trekor Metals (TGB) raised Gibraltar production guidance and expects Florence to reach capacity run rates in early 2027. Nexa Resources (NEXA) increased revenue 23% year over year but recorded a US$47 million net loss, including a US$124 million non-cash impairment charge, while copper production declined 30%.
Ero Copper (ERO) reported third-quarter net income attributable to shareholders of $116.2 million, supported by higher sales volumes and metal prices. Diluted earnings were $1.10 per share, while revenue reached $348.0 million versus $284.3 million in Q2. Operating cash flow rose 39% sequentially to $191.2 million. Copper production increased 6% to 18,345 tonnes; total gold output rose 23% to 25,258 ounces, including recoveries from historic stockpiles.
Net debt ended September at $353.5 million, with available liquidity of $264.1 million. Ero maintained annual copper production guidance of 67,500–77,500 tonnes but updated copper cash-cost guidance to $2.25–$2.45 per pound, above its original range before hedge gains. Expected gold output is 75,000–80,000 ounces. Furnas completed its Phase 3 drilling more than two years ahead of schedule; Ero expects a preliminary feasibility study in 2027.
Ero Copper (ERO) will release its third quarter 2026 operating and financial results on November 2, 2026, after market close.
The company will discuss the results on a conference call on November 3, 2026, at 10:30 a.m. Eastern Time. A results presentation will be available through the webcast link and the Presentations section of its website on the day of the call.
Ero (TSX: ERO, NYSE: ERO) will host its 2026 Capital Markets Day in São Paulo, Brazil, on Monday, September 14, 2026. The event will be broadcast live via video webcast in English with AI-generated Portuguese subtitles at 12:30 p.m. ET, with a downloadable presentation and replay available on the company’s and event websites.
Ero (TSX/NYSE: ERO) reported Q2 2026 copper production of 17,315 tonnes in concentrate at consolidated C1 cash costs of $2.42/lb, and gold production from Xavantina of 20,553 oz, up 170% quarter-on-quarter. Cash flow from operations was $137.9 million, approximately 49% higher than Q1, while adjusted EBITDA(1) rose to $144.0 million, about 15% higher sequentially. Net income attributable to shareholders was $89.5 million or $0.85 per diluted share, and adjusted net income was $87.4 million or $0.83 per diluted share.
According to Ero, quarter-end liquidity increased to $181.7 million, including $101.7 million in cash, and net debt declined to $452.7 million, a leverage ratio of 0.8x(2). The foreign exchange hedge program generated $12.7 million in Q2 gains and is expected to add $20–25 million more in H2 2026. The OneEro program has secured annualized savings of $10–15 million plus more than $20 million in 2026 smelting and refining savings. Ero reaffirmed 2026 copper and gold production guidance, updated gold cost guidance, slightly increased full-year capex to $285–330 million, and continued advancing the Furnas Copper-Gold Project toward a PFS expected in 2027.
Ero (TSX: ERO, NYSE: ERO) will release its second quarter 2026 operating and financial results on Wednesday, August 5, 2026, after market close.
A conference call will follow on Thursday, August 6, 2026 at 11:30am Eastern (8:30am Pacific), with webcast, presentation, and replay access available.
Ero Copper (TSX: ERO, NYSE: ERO) reported voting results from its June 29, 2026 Annual General and Special Meeting.
Approximately 82.98% of shares were represented. Shareholders re-elected all ten director nominees, re-appointed KPMG as auditor, and approved amendments to the stock option and share unit plans, as well as the advisory executive compensation resolution.
Ero (NYSE: ERO) reported new assay results from 24,000 meters of drilling at the Furnas Copper-Gold Project in Brazil, within a total of 75,000 meters completed. Ten rigs are active and mineralization remains open along strike and at depth.
Step-out holes include FURN-DD-00357 (90m at 0.74% Cu, 0.50 gpt Au, 3.18 gpt Ag; 1.13% CuEq) and FURN-DD-00354 (45m at 0.98% Cu; 1.25% CuEq), extending SE zone limits. Central zone hole FURN-DD-00368 was drilled 220m down-dip of the resource.
High-grade infill holes such as FURN-DD-00340 and FURN-DD-00348 support resource conversion and potential growth. Ero expects to complete all earn-in drilling by year-end, move toward a 60% project interest, advance permitting and environmental studies, and award PFS/FS engineering in mid-2026.
Ero Copper (TSX/NYSE: ERO) reported Q1 2026 results for the quarter ended March 31, 2026. Consolidated copper production totaled 17,287 tonnes at C1 cash costs of $2.39/lb. Gold production was 5,495 oz with AISC of $4,441/oz. Net income attributable was $108.8M ($1.04/diluted). Adjusted net income was $72.4M ($0.69/diluted) and adjusted EBITDA was $125.2M. Net debt was $490.7M with liquidity of $146.2M. Full-year 2026 guidance and capex ($275–$320M) were reaffirmed; copper production guidance is 67,500–77,500 tonnes and Xavantina gold guidance is 40,000–50,000 oz.
Ero Copper (TSX: ERO, NYSE: ERO) will release its first quarter 2026 operating and financial results on Monday, May 4, 2026, after market close. The company will host a conference call on Tuesday, May 5, 2026 at 11:30am Eastern time (8:30am Pacific time).
A results presentation will be available via webcast and in the Presentations section of the company website on the day of the call. Dial-in, international numbers, and replay details will be provided for participants.