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Nexa Resources Boosts Zinc Reserves in 2023
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Nexa Resources Boosts Zinc Reserves in 2023

Nexa Resources (NEXA) has released an update.

Nexa Resources S.A. has reported a substantial increase in its year-end mineral reserves for 2023, with Proven and Probable Mineral Reserves now at 110.4 million tonnes containing over 4,000kt of zinc, reflecting successful infill and brownfield drilling, particularly at the Aripuanã mine. The company, a top global zinc producer, is also expanding its operations through the integration of Atacocha and El Porvenir mines, which is expected to increase production and extend mine life. Nexa continues to focus on the exploration and potential expansion of its mineral reserves into 2024.

For further insights into NEXA stock, check out TipRanks’ Stock Analysis page.

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