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 (NYSE: NEXA) has announced the completion of its cash tender offers for its outstanding notes due in 2027 and 2028. For the 5.375% Notes due 2027, holders tendered US$104,987,000 (48.72% of outstanding principal), while for the 6.500% Notes due 2028, US$289,279,000 was tendered (72.23% of outstanding principal), with an additional US$5,911,000 through guaranteed delivery procedures.
The company will pay US$1,015.00 per US$1,000 principal for 2027 Notes and US$1,041.25 per US$1,000 principal for 2028 Notes, plus accrued interest. Settlement is expected on April 9, 2025. Following the tender offers, US$110,513,000 of 2027 Notes and US$111,221,000 of 2028 Notes will remain outstanding.
Nexa Resources (NYSE: NEXA) has announced the completion of its cash tender offers for its outstanding notes due in 2027 and 2028. For the 5.375% Notes due 2027, approximately 48.72% (US$104,987,000) of the principal amount was validly tendered, while for the 6.500% Notes due 2028, approximately 72.23% (US$289,279,000) was tendered, with an additional US$5,911,000 through guaranteed delivery procedures.
Holders who validly tendered 2027 Notes will receive US$1,015.00 per US$1,000 principal amount, while 2028 Notes holders will receive US$1,041.25 per US$1,000. The settlement date is expected on April 9, 2025. Post-tender offer, the remaining principal amounts are US$110,513,000 for 2027 Notes and US$111,221,000 for 2028 Notes.
Nexa Resources (NYSE: NEXA) has successfully priced an offering of US$500 million in senior unsecured notes with a 6.600% interest rate, maturing in 2037. The notes, guaranteed by Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A., are expected to close on April 8, 2025.
The proceeds will be primarily used to fund a cash tender offer for existing notes due 2027 and 2028, redeem remaining 2027 notes not repurchased in the tender offers, and for general corporate purposes including liability management transactions. The offering is exclusively available to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the U.S. Securities Act.
Nexa Resources (NYSE: NEXA) has announced plans to offer new senior unsecured notes, backed by guarantees from Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A. The company intends to use the proceeds for:
- Funding a cash tender offer for existing notes due 2027 and 2028
- Redeeming any remaining 2027 notes not repurchased in the tender offers
- General corporate purposes, including liability management transactions
The new notes will be unsecured obligations of Nexa, with guarantees ranking equally in right of payment with other unsecured and unsubordinated debt obligations. The offering is to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
Nexa Resources (NYSE: NEXA) has announced cash tender offers for any and all of its outstanding 5.375% Notes due 2027 and 6.500% Notes due 2028. The tender offers will expire on April 4, 2025, at 5:00 p.m., New York City time.
The company is offering US$1,015.00 per US$1,000 principal amount for the 2027 Notes and US$1,041.25 per US$1,000 principal amount for the 2028 Notes. Holders will also receive accrued and unpaid interest. The settlement date is expected to be April 9, 2025.
The tender offers are contingent upon a new notes offering, with proceeds intended to fund the repurchase. Nexa plans to redeem all remaining 2027 Notes after the expiration date and may use remaining proceeds to redeem or purchase any outstanding Notes through various means.
Nexa Resources (NYSE: NEXA) has announced cash tender offers for any and all of its outstanding 2027 and 2028 Notes. The tender offers will expire on April 4, 2025, at 5:00 p.m., New York City time. The company is offering US$1,015.00 per US$1,000 principal amount for 2027 Notes and US$1,041.25 per US$1,000 for 2028 Notes.
The settlement date is expected to be April 9, 2025. The Notes are guaranteed by Nexa Resources Cajamarquilla, Nexa Resources Perú, and Nexa Recursos Minerais. The company plans to finance the tender offers through a new notes offering and intends to use the proceeds to pay the consideration, accrued interest, and related expenses. Nexa also plans to redeem any remaining 2027 Notes after the expiration date.
Nexa Resources (NYSE: NEXA) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission and SEDAR+ in Canada. The report is accessible through the SEC website, SEDAR+, and Nexa's Investor Relations website.
Additionally, the company has filed its updated Mining Report on Mineral Reserves and Mineral Resources estimates as of December 31, 2024, prepared in accordance with Canadian National Instrument 43-101, on SEDAR+. Shareholders can request a free hard copy of Nexa's complete audited financial statements.
Nexa Resources (NYSE: NEXA) has released its 2024 Year-End Mineral Reserves and Mineral Resources update for operations in Peru and Brazil. The company's Proven and Probable Mineral Reserves reached 110.3 million tonnes containing 4,075kt of zinc, showing an increase from 4,031kt in 2023 despite similar tonnage.
Key highlights include:
- Successful zinc reserves replacement and expansion year-over-year
- Increased reserves driven by infill drilling at El Porvenir, Aripuanã, and Vazante
- Net revision of 172kt of contained zinc, mainly from new mining method at Vazante (+74kt) and geological model adjustments at Aripuanã (+81kt)
The company's Measured and Indicated Mineral Resources decreased to 3,163kt of contained zinc from 3,259kt in 2023, while Inferred Mineral Resources increased to 7,072kt from 6,897kt. The exploration program focused on near-mine expansion, brownfield and infill drilling, and greenfield projects.
Nexa Resources (NYSE: NEXA) reported strong financial results for 2024, with Adjusted EBITDA increasing 76% to US$714 million from US$406 million in 2023. Net revenues grew 8% to US$2,766 million, while net loss decreased 36% to US$187 million. The company achieved positive consolidated cash flow for the first time since Aripuanã investments, with free cash flow of US$107 million in Q4.
Operational highlights include zinc production of 327kt (2% decrease from 2023), copper production of 36kt (7% increase), and zinc metal/oxide production of 595kt. The company maintained production within guidance across all metals, with copper exceeding the upper range. CAPEX totaled US$277 million, below the revised guidance.
Strategic developments include the completion of Morro Agudo Complex sale, Pukaqaqa greenfield project divestment, and Board approval for the first phase of Cerro Pasco Integration Project. The company ended 2024 with US$640 million in total cash and reduced its net leverage ratio to 1.7x from 3.3x in 2023.
Nexa Resources (NYSE: NEXA) has released its Q4 and full-year 2024 exploration drilling results. The company completed 229,148 meters of total drilling, including 63,779 meters of exploration drilling (8% below target) and 165,369 meters of mining infill drilling. Q4 exploration drilling reached 19,121 meters across Peru (12,910m), Brazil (4,937m), and Namibia (1,273m).
Notable results include significant mineral intercepts at multiple sites: Cerro Lindo's Orebody 8B showed 4.65m at 2.89% Zn; Aripuanã's Massaranduba target yielded 10.1m at 8.04% Zn; Vazante's Sucuri target revealed 4.7m at 15.18% Zn; and El Porvenir's Integración target demonstrated 28.7m at 3.07% Zn.
For 2025, Nexa plans 82,340 meters of drilling, with 62% allocated to Peru. Q1 2025 exploration plans include 13,360 meters across Peru and Brazil.