Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is
pleased to announce the publication of its 2021 Sustainability
Report (the "Report"). The Report provides an update on the
Company's strategy, practices, performance and management approach
to key environmental, social and governance ("ESG") topics. The
Report is available on Ero's website (www.erocopper.com).
"This Report showcases the excellent work being
performed on sustainability across our organization as well as our
commitment to clear and transparent disclosure for all of our
stakeholders," said David Strang, Ero's Chief Executive Officer.
"This is our third annual sustainability report, and I'm pleased
that each year we have meaningfully enhanced our disclosure. Of
note, this year we have provided broader quantitative data on our
health and safety performance, greenhouse gas (“GHG”) emissions and
intensity as well as the economic value generated and distributed
in the regions we operate. In particular I’d like to highlight our
favorable position as one of the lowest GHG intensive copper and
gold producers in the world driven by Brazil’s leadership in
renewable energy combined with the high-grade nature of our mines.
Although we are proud of our relative positioning, we believe that
we can continue to improve our GHG emissions intensity and are
committed to providing GHG emissions targets in our 2022
Sustainability Report.
"Our 2021 Report includes an update on the work
we are doing to align the Company with the recommendations of the
Task Force on Climate-Related Financial Disclosures (TCFD) as well
as our first annual Communication on Progress (CoP), which
highlights our commitment and progress towards advancing the Ten
Principles of the United Nations Global Compact within our
business. I look forward to continue executing on our 2022
sustainability goals throughout the duration of this year and
further advancing our ESG practices and disclosures."
ABOUT ERO COPPER CORP
Ero Copper Corp is a high-margin, high-growth,
clean copper producer with operations in Brazil and corporate
headquarters in Vancouver, B.C. The Company's primary asset is a
99.6% interest in the Brazilian copper mining company, Mineração
Caraíba S.A., 100% owner of the Company's Caraíba Operations
(formerly known as the MCSA Mining Complex), which are located in
the Curaçá Valley, Bahia State, Brazil and include the Pilar and
Vermelhos underground mines and the Surubim open pit mine, and the
Tucumã Project (formerly known as Boa Esperança), an IOCG-type
copper project located in Pará, Brazil. The Company also owns 97.6%
of NX Gold S.A. which owns the Xavantina Operations (formerly known
as the NX Gold Mine), namely comprised of an operating gold and
silver mine located in Mato Grosso, Brazil.
ERO COPPER CORP.
/s/ David Strang David Strang,
CEO
For further information contact:Courtney Lynn, VP,
Corporate Development & Investor Relations(604)
335-7504info@erocopper.com
CAUTION REGARDING FORWARD LOOKING INFORMATION AND STATEMENTS
This press release contains “forward-looking
statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and “forward-looking
information” within the meaning of applicable Canadian securities
legislation (collectively, “forward-looking statements”).
Forward-looking statements include statements that use
forward-looking terminology such as “may”, “could”, “would”,
“will”, “should”, “intend”, “target”, “plan”, “expect”, “budget”,
“estimate”, “forecast”, “schedule”, “anticipate”, “believe”,
“continue”, “potential”, “view” or the negative or grammatical
variation thereof or other variations thereof or comparable
terminology. Forward-looking statements may include, but are not
limited to, statements with respect to the Company’s ongoing
sustainability efforts, including but not limited to the expected
benefit or effectiveness of any given program, the Company's
successful execution of its 2022 sustainability goals including
setting emissions goals, the Company’s plans for future alignment
with the recommendations of the TCFD and the Company's plans for
continuation of environmental remediation efforts and social
programs.
Forward-looking statements are subject to a
variety of known and unknown risks, uncertainties and other factors
that could cause actual results, actions, events, conditions,
performance or achievements to materially differ from those
expressed or implied by the forward-looking statements, including,
without limitation, risks discussed in this press release and in
the Annual Information Form of the Company for the year ended
December 31, 2021, dated March 11, 2022 (the “AIF”) under the
heading “Risk Factors”. The risks discussed in this press release
and in the AIF are not exhaustive of the factors that may affect
any of the Company’s forward-looking statements. Although the
Company has attempted to identify important factors that could
cause actual results, actions, events, conditions, performance or
achievements to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results, actions, events, conditions, performance or achievements
to differ from those anticipated, estimated or intended.
Forward-looking statements are not a guarantee
of future performance. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Forward-looking statements involves
statements about the future and are inherently uncertain, and the
Company’s actual results, achievements or other future events or
conditions may differ materially from those reflected in the
forward-looking statements due to a variety of risks, uncertainties
and other factors, including, without limitation, those referred to
herein and in the AIF under the heading “Risk Factors”.
The Company’s forward-looking statements are
based on the assumptions, beliefs, expectations and opinions of
management on the date the statements are made, many of which may
be difficult to predict and beyond the Company’s control. In
connection with the forward-looking statements contained in this
press release and in the AIF, the Company has made certain
assumptions about, among other things: continued effectiveness of
the measures taken by the Company to mitigate the possible impact
of COVID-19 on its workforce and operations; favourable equity and
debt capital markets; the ability to raise any necessary additional
capital on reasonable terms to advance the production, development
and exploration of the Company’s properties and assets; future
prices of copper, gold and other metal prices; the timing and
results of exploration and drilling programs; the accuracy of any
mineral reserve and mineral resource estimates; the geology of the
Caraíba Operations, the Xavantina Operations and the Tucumã Project
being as described in the respective technical press release for
each property; production costs; the accuracy of budgeted
exploration, development and construction costs and expenditures;
the price of other commodities such as fuel; future currency
exchange rates and interest rates; operating conditions being
favorable such that the Company is able to operate in a safe,
efficient and effective manner; workforce continuing to remain
healthy in the face of prevailing epidemics, pandemics or other
health risks (including COVID-19), political and regulatory
stability; the receipt of governmental, regulatory and third party
approvals, licenses and permits on favorable terms; obtaining
required renewals for existing approvals, licenses and permits on
favorable terms; requirements under applicable laws; sustained
labor stability; stability in financial and capital goods markets;
availability of equipment; positive relations with local groups and
the Company’s ability to meet its obligations under its agreements
with such groups; and satisfying the terms and conditions of the
Company’s current loan arrangements. Although the Company believes
that the assumptions inherent in forward-looking statements are
reasonable as of the date of this press release, these assumptions
are subject to significant business, social, economic, political,
regulatory, competitive and other risks and uncertainties,
contingencies and other factors that could cause actual actions,
events, conditions, results, performance or achievements to be
materially different from those projected in the forward-looking
statements. The Company cautions that the foregoing list of
assumptions is not exhaustive. Other events or circumstances could
cause actual results to differ materially from those estimated or
projected and expressed in, or implied by, the forward-looking
statements contained in this press release.
Forward-looking statements contained herein are
made as of the date of this press release and the Company disclaims
any obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or results or
otherwise, except as and to the extent required by applicable
securities laws.
Ero Copper (NYSE:ERO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ero Copper (NYSE:ERO)
Historical Stock Chart
From Apr 2023 to Apr 2024