Ero ees FY25 production at low end of 67,500 to 80,000-tonne range guidance

The company said, “Consolidated copper production guidance for 2025 is maintained with overall production expected at the low end of the 67,500 to 80,000-tonne range. Production in Q4 is expected to improve due to increased plant throughput at both the Caraiba and Tucuma Operations, with Tucuma also expected to benefit from mine sequencing in higher grade blocks of the open pit. At the Caraiba Operations, C1 cash costs are expected to be in the lower half of the guidance range of $2.15-$2.35 per pound of copper produced, while at Tucuma, C1 cash costs are now expected to be in the range of $1.35-$1.55 per pound, from $1.10-$1.30 per pound previously, reflecting higher-than-expected maintenance and freight costs experienced in Q3. At the Xavantina Operations, gold production is expected to be toward the lower end of the 40,000 to 50,000-ounce guidance range, with production projected to be highest in Q4 2025 due to higher mined and processed tonnage following the transition to mechanized mining. Full-year C1 cash cost guidance of $850 to $1,000 per ounce of gold produced and AISC guidance of $1,800 to $2,000 per ounce are maintained. In addition, the Company also expects to sell 10,000 to 15,000 tonnes of gold concentrate at an approximate gold grade of 30 to 40 grams per tonne during Q4.”