Ero Copper Achieves Record Full-Year Copper and Gold Production and Provides 2023 Guidance
Retrieved on:
Wednesday, January 18, 2023
VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce its fourth quarter and full-year 2022 production results and provide 2023 production, cost and capital expenditure guidance.
Key Points:
- VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce its fourth quarter and full-year 2022 production results and provide 2023 production, cost and capital expenditure guidance.
- The Xavantina Operations achieved record production of 42,669 ounces of gold for 2022, above the high-end of guidance of 39,000 to 42,000 ounces.
- Copper production in Q1 2023 is expected to be the lowest of the year driven by planned stope sequencing.
- Gold production is also expected to be lowest in Q1 2023 with full-year gold production expected to be slightly weighted towards H2 2023 due to higher mill throughput levels following the expected commencement of production from the Matinha vein during H2 2023.