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. 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.
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Ero Copper Corp. has released its 2022 Sustainability Report, showcasing the company's commitment to responsible mining and corporate citizenship. The report highlights Ero's strategy, practices, and performance in key environmental, social, and governance (ESG) areas.
CEO David Strang emphasized the importance of strong ESG principles in creating value for stakeholders and achieving positive financial outcomes. Ero takes pride in producing low carbon-intensity copper, with approximately 85% of Brazil's power sourced from renewable energy.
Key 2022 ESG highlights include:
- Advancing alignment with the Task Force on Climate-related Financial Disclosures
- Progressing towards the Mining Association of Canada's Towards Sustainable Mining standard
- Investing $4.5 million in a local hospital clinic expansion project
- Providing over 7.5 million cubic meters of water to nearby communities and farmers
- Achieving a 91% consolidated process water recycling rate
- Hiring an occupational psychologist to support behavioral safety
- Receiving the Incredible Places to Work Award at the Caraíba Operations
Ero Copper Corp. (TSX: ERO, NYSE: ERO) has announced that it will release its second quarter 2023 financial and operating results on Thursday, August 3, 2023 after market close. The company will host a conference call to discuss the results on Friday, August 4, 2023 at 11:30am Eastern time (8:30am Pacific time).
Conference call details:
- Date: Friday, August 4, 2023
- Time: 11:30am Eastern Time (8:30am Pacific Time)
- Dial in: North America: 1-800-319-4610, International: +1-604-638-5340
- Replay: North America: 1-800-319-6413, International: +1-604-638-9010
- Replay Passcode: 0319
Ero Copper Corp. has provided an update on its ongoing regional nickel sulphide exploration program within the Curaçá Valley. The company has been focusing on delineating the Umburana System, which has a current strike length of approximately five kilometers. Key highlights include:
- VB Zone: Drill hole VB-41 intercepted 11.2 meters at 1.86% Ni, including 5.0 meters at 3.71% Ni and 1.9 meters of massive-sulphide textures grading 7.09% Ni.
- LZ Zone: Drill hole LZ-25 intercepted 46.1 meters at 0.20% Ni, including 2.6 meters at 0.75% Ni.
- Initial metallurgical tests demonstrate nickel recoveries through the rougher circuit ranging from 77% to 91% across various grind sizes.
The company believes the Curaçá Valley has the potential to be a globally significant magmatic sulphide district for both copper and nickel. Mineralization remains open to depth, to the north, and between the VB and LZ Zones.
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