Nexa Resources S.A. Announces 1Q19 Results
01 May 2019 - 9:11AM
Business Wire
Nexa Resources S.A. (“Nexa Resources” or “Nexa” or the
“Company”) (NYSE:NEXA) (TSX:NEXA) has published its 1Q19
Results.
Nexa reports an increase of 3% on Zinc production and continues
to advance on its projects.
Aripuanã’s project continues in advanced stage and around 40% of
the total project capex is already committed.
Vazante’s dry stacking project was granted with the operational
license.
Please find below a message from our CEO, Mr. Tito Martins:
“Despite the recent volatility of base metal prices, we are
confident with the long-term outlook for zinc and copper markets.
We remain committed to our long-term strategy and we will continue
working on the construction of a differentiated, sustainable,
integrated and cost efficient mining company, with the best safety
practices. In March, all of our mining tailings dams in Brazil
received Stability Condition Declarations (“DCEs”), certifying all
of these facilities are safe and stable.
During the first quarter we were able to overcome some
operational issues, delivering zinc production growth of 3%
compared to 1Q18. We also made significant advances in our main
brownfield projects, being consistent in our deliverables. These
achievements make us confident we will achieve both our production
and capex guidance for 2019, meeting market expectations, as we did
in 2018.”
For full details, please visit our Investor Relations webpage
at: http://ir.nexaresources.com/resultscenter
E-mail: ir@nexaresources.com
About Nexa
Nexa is a large-scale, low-cost integrated zinc producer with
over 60 years of experience developing and operating mining and
smelting assets in Latin America. The Company currently owns and
operates five long-life underground mines - three located in the
Central Andes of Peru and two located in the state of Minas Gerais
in Brazil - and is among the top five producers of mined zinc
globally in 2018, according to Wood Mackenzie. Nexa is also one of
the top five metallic zinc producers worldwide in 2018, according
to Wood Mackenzie.
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Nexa Resources - Investor RelationsRoberta
Varellair@nexaresources.com
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