Ero Copper Corp T.ERO

Nice update...what's not to like?

[metalhead666]

Not many miners can put out a press release like this

2025 Guidance

• Consolidated copper production is expected to increase by approximately 85% to 110% year-on-year to a range of 75,000 and 85,000 tonnes at consolidated C1 cash costs between $1.55 and $1.80 per pound of copper produced(1) with the Tucum Operation expected to achieve commercial production in H1 2025.
• The Xavantina Operations are expected to produce 50,000 to 60,000 ounces of gold at C1 cash costs between $650 and $800 per ounce of gold produced and all-in sustaining costs ("AISC") between $1,400 and $1,600 per ounce of gold produced.
• Capital expenditures are projected to decrease significantly year-on-year to between $230 to $270 million in 2025. Full-year capital estimates include the continued construction of the new external shaft at the Caraba Operations' Pilar Mine as well as the advancement of the Furnas Copper-Gold Project ("Furnas").

Three-Year Production Outlook

• Consolidated copper production across the Company's operations is expected to reach between 85,000 and 95,000 tonnes in concentrate in 2026 and 2027.