Nexa Resources S.A. announces today that it has completed the previously announced sale of 100% of the shares issued by Compañia Minera Cerro Colorado S.A.C., comprising the mineral properties of the Pukaqaqa Project , located in the Huancavelica region of Peru. With the completion of the Transaction, and pursuant to the terms of the definitive agreement, Nexa has sold and transferred all shares, rights, titles, and [...]
Adjusted EBITDA reached more than double the US$87 million reported in 3Q23, primarily due to higher zinc prices, strong by-products contribution, improved results from Aripuanã, and lower mineral exploration and project evaluation expenses in the period. Net revenues totaled US$709 million in 3Q24, up 9% year-over-year, driven by higher zinc and copper prices. Free cash flow was US$51 million, supported by robust [...]
Nexa Reaffirms Total Mining Production Guidance for All Metals, Lowers Mining Cash Cost and Capital Expenditures 2024 Guidance Nexa Resources S.A. today reaffirms its 2024 guidance for total zinc and lead production in the mining segment, updates production guidance for certain of its mines and lowers mining cash cost and capital expenditures guidance. The figures contained in this report are forward-looking statements [...]
Nexa Resources S.A. is pleased to provide today the drilling and assay results from the third quarter of 2024. This document contains forward-looking statements. Summary Nexa's 2024 drilling strategy emphasizes near-mine expansion and brownfield and infill drilling, with additional exploration drilling planned for promising greenfield projects. Exploration expenditure and drilling execution are approximately 14% behind [...]
Nexa Resources S.A. announces today changes to its Board of Directors and senior leadership team. The Company announces the departure of Mr. João Schmidt, who has stepped down from his role as a Board member, effective October 1, 2024. At the same time, Nexa is pleased to announce the appointment of Mr. Flavio Aidar to the Board of Directors. Mr. Aidar holds a degree in Business Administration from Fundação Getúlio Vargas [...]
Adjusted EBITDA reached US$ 200 million, up by 64% quarter-over-quarter and 180% year-over-year, mainly due to higher sales volume, higher zinc prices, improved margins at Aripuanã and higher by-products contribution. Net revenues increased to US$ 736 million from US$ 627 million in 2Q23 and US$ 580 million in 1Q24, driven by higher LME metal prices in both cases, increased mining sales volume year-over-year, and [...]
Nexa Resources S.A. is pleased to provide today the drilling and assay results from the second quarter of 2024. This document contains forward-looking statements. Summary Nexa's drilling strategy for 2024 focuses on near-mine expansion, brownfield and infill drilling. Additional exploratory drilling is also planned for greenfield projects with favorable prospects. Exploration expenditure and drilling production are [...]
Nexa Resources S.A. announces today that it has completed the previously announced sale of the Morro Agudo Complex situated in the state of Minas Gerais in Brazil to Casa Verde Holding Ltda . Refer to the news release dated April 5, 2024 for more information on the Transaction. With the completion of the Transaction, and pursuant to the terms of the definitive agreement, Nexa has sold, transferred and assigned all rights [...]
Nexa Resources S.A. announces that the Annual General Meeting of the Shareholders was successfully held today at its registered office. A total of 102,840,007 shares were voted at the Annual General Meeting of the Shareholders, representing 77.65% of the overall votes attached to outstanding shares. Shareholders voted in favor of all proposed resolutions, as follows: Resolution - AGM % For % Withheld Elect Board members [...]
Nexa Resources S.A. announces today its results for the three-month period ended March 31, 2024. CEO Message - Ignacio Rosado We began the year on a positive note, with solid operating performance in the first quarter, thanks to the commitment of our teams in reinforcing our operational strategies, enhancing our capabilities, and doubling down on execution. Unfortunately, however, in early March, we had a fatal incident [...]
Nexa Resources S.A. is pleased to announce the publication of its 2023 Sustainability Report. The report highlights the Company's commitment to corporate sustainability and socially responsible actions as well as discloses the Company's initiatives and achievements related to its business, employees, communities, and the planet. This report is established according to the guidelines of the Integrated Reporting Council and [...]
Nexa Resources S.A. announces today the early tender expiration and results of its previously announced offer to purchase for cash . Pursuant to the offer to purchase dated April 1, 2024 , Nexa Resources offered to purchase for cash any and all of its 5.375% senior unsecured guaranteed notes due 2027 and up to a Maximum Payment Amount of its outstanding 6.500% Notes due 2028 unconditionally and irrevocably guaranteed by [...]