Welcome to our dedicated page for Nexa Resources news (Ticker: NEXA), a resource for investors and traders seeking the latest updates and insights on Nexa Resources stock.
Nexa Resources S.A. (NYSE: NEXA) is a large-scale, low-cost, integrated polymetallic producer with zinc as its main product, operating long-life mines and zinc smelters in Brazil and Peru. The NEXA news feed on Stock Titan aggregates company announcements, operational updates, exploration results and financial disclosures that Nexa furnishes to the market.
Investors following NEXA news see regular earnings releases and interim performance updates, where Nexa reports metrics such as net income, Adjusted EBITDA, production volumes and capital expenditures, along with commentary on mining and smelting performance. These updates often discuss factors like zinc and by-product metal prices, smelting sales volumes, operational conditions at key mines and progress on capital projects such as the Cerro Pasco Integration Project.
The company also issues operational and project news, including information on temporary suspensions or resumptions of activities at mines and smelters, labor developments, and major project milestones. Examples include updates on the Cerro Pasco Complex and the Cajamarquilla smelter, as well as news about exploration drilling campaigns and results across Peru, Brazil and Namibia.
In addition, NEXA news items cover portfolio and corporate actions such as the sale of exploration licenses, bond issuances and liability management transactions, shareholder meeting results, and credit rating confirmations. Nexa’s communications frequently highlight ESG, safety, decarbonization and community engagement initiatives, reflecting how these themes intersect with its operations.
By monitoring this news page, readers can track how Nexa’s mining and smelting operations, exploration programs, financial strategies and ESG initiatives evolve over time, using the company’s own disclosures as a primary source of information.
Nexa Resources reported operational results for the year ended December 31, 2021, achieving its annual production guidance for all metals. Zinc output totaled 320kt, a 2% increase from 2020, while lead and silver rose by 20% and 29%, respectively. The company noted cash costs below guidance, with mining costs at US$0.21/lb. However, Q4 zinc production saw a 12% year-over-year decline. Nexa is set to reveal detailed financials and production guidance for 2022-2024 on February 15, 2022.
Nexa Resources has announced the voluntary delisting of its common shares from the Toronto Stock Exchange (TSX), effective November 30, 2021. Following the delisting, the shares will continue to trade on the New York Stock Exchange (NYSE) under the symbol NEXA. The company plans to cease being a reporting issuer under Canadian securities laws, pending regulatory requirements. Nexa is a prominent zinc producer with extensive mining and smelting operations in Latin America, ranked among the top five producers globally in 2020.
Nexa Resources has announced its intention to voluntarily delist its common shares from the Toronto Stock Exchange (TSX) effective November 30, 2021. This decision comes after an internal assessment of the benefits and burdens associated with TSX listing, where minimal trading volumes were noted. The company emphasizes that shares will still trade on the New York Stock Exchange (NYSE) under the symbol NEXA, and the delisting will not impact ongoing operations. Nexa will remain a reporting issuer in Canada post-delist.
Nexa Resources announced its 3Q21 results, reporting a consolidated net revenue of US$655 million, up from US$538 million year-over-year. Adjusted EBITDA reached US$155 million, supported by high base metal prices, despite production disruptions. Zinc production stood at 80kt, down 2% due to maintenance shutdowns. The company maintains its 2021 guidance for production and sales while revising cash cost estimates. CEO Tito Martins will transition leadership to Ignacio Rosado on November 1, 2021, marking continuity in strategic execution.
Nexa Resources (NYSE:NEXA) announced its 2021 third-quarter exploration results, marking a total of 111,000 meters of planned drilling for the year. In Q3 alone, 36,293 meters were drilled across various sites: 24,246 meters in Peru, 7,339 meters in Brazil, and 4,708 meters in Namibia. Key findings include high-grade intersections at Cerro Lindo, confirming orebody continuity and new VMS mineral discoveries at Pucasalla. These results aim to extend the life of current operations and enhance resource estimates.
Nexa Resources announced the granting of the operating license for the Aripuanã greenfield project on October 7, 2021, by the Environmental Secretariat of Mato Grosso.
The Aripuanã project is a polymetallic underground mine containing zinc, lead, and copper, with mechanical completion expected in Q4 2021 and commercial production slated for 2022.
Nexa is a significant integrated zinc producer, operating five mines and three smelters in Latin America.
Nexa Resources announced the appointment of Ignacio Rosado as its new President and CEO, effective November 1, 2021. He will succeed Tito Martins, who will assist in the transition until December 31, 2021. With over 16 years of experience, Rosado previously served as CEO of Volcan and was instrumental in both its IPO and significant capital raises. Under Martins' leadership since 2012, Nexa has seen substantial growth, including the development of key projects. The Board believes Rosado is well-equipped to continue this success and create further value.
Nexa Resources reported strong performance in its 2Q21 results, achieving a record Adjusted EBITDA of US$233 million, up from US$40 million in 2Q20. Consolidated net revenue reached US$686 million, supported by increased metal prices and production volumes. Zinc production rose by 31% year-over-year to 82kt. The company is on track to begin production at its Aripuanã mine in early 2022. However, COVID-19 related costs impacted CAPEX guidance, now revised to US$510 million.
Nexa Resources has released its second quarter exploration results for 2021, highlighting 26,533 meters drilled during the period. The comprehensive exploration program for 2021 aims for a total of 111,000 meters across Peru, Brazil, and Namibia. Key findings include significant high-grade intersections at the Cerro Lindo and Pucasalla targets, indicating potential for resource increase and extended mine life. The company emphasizes continued progress in brownfield exploration, confirming the continuity of ore bodies and the discovery of new mineralized zones.
Nexa Resources S.A. (NYSE:NEXA, TSX:NEXA) reported robust 1Q21 results, achieving net revenue of US$603 million, a significant increase from US$442 million in 1Q20, fueled by higher metal prices and sales volume. Adjusted EBITDA surged to US$180 million compared to US$44 million in the previous year. Zinc production edged up to 77kt, reflecting recovery from prior COVID-19 impacts. Despite challenges from the pandemic, Nexa's balance sheet remains solid, with total cash of US$1,034 million and positive liquidity outlook.
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